Moscow, Russia
Moscow, Russia

Lukoil is Russia's second largest oil company and its second largest producer of oil as of 2005. In 2012, the company produced 89.856 million tons of oil in terms of proven oil and gas reserves. In 2008, the company had 19.3 billion barrels of oil equivalent per SPE standards. This amounts to some 1.3% of global oil reserves. The company has operations in more than 40 countries around the world. Wikipedia.


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News Article | February 15, 2017
Site: www.marketwired.com

CALGARY, ALBERTA--(Marketwired - Feb. 15, 2017) - Genoil Inc. (OTCQB:GNOLF), the publicly traded clean technology engineering company for the petroleum industry, today announced the appointment of Raushan Telyashev as Vice President of Genoil Middle East. Raushan Telyashev has a wealth of experience in the oil and gas industry prior to joining Genoil. Mr. Telyashev worked at Lukoil where he was deputy head of the department of construction, in charge of the execution of projects, and General Director of their design and research institute. Mr Telyashev was also manager of the petrochemical group of Shell companies. Most recently he has been General Director of LLC "Energy and engineering". Mr. Telyashev is the published author of many scientific and technical articles and patents, as well as being a member of a number of committees and councils, including the Skolkovo scientific and technical council of the Russian Federation's governmental industry development fund. In 2016 he was honoured with the certificate of appreciation from the Deputy Head of the Energy Council of the Parliament of the Republic of Iraq. He joins Genoil as the company expands and develops its operations in key strategic locations, including Russia and the Middle East. In April 2016, Genoil announced, in conjunction with consortium partner Beijing Petrochemical Engineering Co Ltd (BPEC), the receipt of a $5 billion Letter of Intent (LOI) for the funding of a 500,000-barrels per day (bpd) desulfurization and upgrading project located in the Middle East. Genoil's proprietary technology is the Genoil Hydroconversion Upgrader (GHU), an advanced upgrading and desulphurization technology, which converts heavy or sour crude oil into much more valuable low Sulphur oil, for a low cost. Genoil's innovation improves upon the existing data-verified Fixed Bed Reactor technology, which is widely used worldwide. Currently, 85% of all desulphurisation is taking place worldwide via hydroconversion. Genoil's technology, an investment into hydroconversion projects, can help further desulphurise fuel in order to be compliant with global 2020 legislation. Furthermore, it significantly increases the desulphurisation, demetalisation and denitrogenisation conversion rates, and increases operating efficiencies by 75%. Bruce Abbott, COO of Genoil, said: "The Middle East is naturally a critical market for Genoil, which is currently experiencing significant transformation on the back of volatile crude markets, and the demand for cleaner products within the fuel supply chain. Mr. Telyashev is hugely respected and has a wealth of experience, in conjunction with a detailed knowledge of our proprietary technology and the current market conditions. He is therefore perfectly placed to develop our business position in the region." Mr. Telyashev will be based in the Middle East & Russia. The appointment highlights the company's commitment to continued growth and development in expanding its business and developing partnerships with key stakeholders. In February 2017, Genoil announced the signing of a Memorandum of Understanding with one of the world's leading physical marine fuel suppliers, the Bomin Group, to collaborate on developing low sulphur fuel oil products for the shipping industry. Genoil is a publicly traded Canadian clean technology engineering company for the petroleum industries. Genoil is headquartered in Edmonton Alberta, with offices in Calgary, Sherwood Park, New York City, Constanta Romania, and Dubai & Abu Dhabi. Genoil's has developed its proprietary technology, the Hydroconversion Upgrader (GHU), which converts heavy crude oils and refinery bottoms into clean burning fuels for transportation industries including shipping. The GHU can be placed in remote locations, including receiving terminals, pipelines and ports. The company operates one of the largest and most advanced pilot & design test facilities in the world, from its 147-acre site in Alberta, Canada. The Genoil Hydroconversion Upgrader (GHU®), is an advanced upgrading and desulfurization technology, which converts heavy or sour crude oil into much more valuable light low sulfur oil for a very low cost. The Genoil GHU was designed to be versatile, can be placed at many different locations, either upstream at oil fields, or downstream at refineries, in a standalone form at ports and other logistical locations. The GHU achieves 96% pitch conversion and 95% desulfurization with an operating cost of up to 75% less than the competition. For Conoco Canada Ltd, Genoil converted their bitumen of 6-8.5 API and converted it to 24.5 API. We also removed 92% of the sulfur reducing the amount from 5.14 % to below 0.24%. These results were taken by Conoco Canada Ltd, who had them analyzed by Core Laboratories, one of the largest service providers of core and fluid analysis in the petroleum industry.


News Article | March 1, 2017
Site: www.theenergycollective.com

In its dogged pursuit of the Southern Gas Corridor, the European Commission is shutting its eyes to the human rights record of the Azerbaijani regime, writes Anna Roggenbuck, policy officer at CEE Bankwatch Network. According to Roggenbuck, there is no justification for this massive gas pipeline project, since it is also bad for the climate and, as recent events show, will not even help reduce Europe’s dependency on Russian gas.   Ministers, ambassadors and envoys from at least 15 countries, including Maroš Šefčovič, the European Commission’s Vice President for the Energy Union, gathered in the Azerbaijani capital last week to discuss the progress on the Southern Gas Corridor (SGC), the largest energy project the EU is currently pursuing. But over the past couple of months, it seems the European Commission’s justifications for this controversial undertaking have been crumbling by the day. A growing number of civil society organisations, including Human Rights Watch, have been warning about the EU locking arms with the Azerbaijan’s authoritarian ruler Ilham Aliyev, despite Europe’s commitment to human rights. In a recent response to a question from MEP Xabier Benito (Podemos) regarding the SGC project, the EU’s energy and climate action commissioner Miguel Arias Cañete stated that the EU’s High Commissioner for Foreign Affairs and Security Policy Federica Mogherini had brought up the issue in a recent meeting with the Azerbaijani president and foreign minister. “Cooperation with Azerbaijan on energy issues including the SGC is a further means for engagement and in full respect of fundamental values and principles.” For now, it seems EU leaders are mostly willing to turn a blind eye to the Azerbaijani government’s ongoing crackdown on civil society and journalists in the country. In fact, it looks like Brussels is even willing to embrace Azerbaijan’s lack of transparency. The Commission made sure to stifle any advance information about the date of the Azerbaijani president’s visit to Brussels earlier this month. Yet, in an open letter published last month, jailed Azerbaijani dissident Ilgar Mammadov delivered the latest warning to European leaders about engaging with the Azerbaijani regime. “Recently, Aliyev has been trying to present the SGC as his generous gift to the west so that governments will not talk about human rights and democracy in Azerbaijan,” he wrote from his prison cell. In two weeks Azerbaijan will need to show what it has done over the past four months to improve its so far horrid human rights record. The board of the Extractive Industries Transparency Initiative (EITI) has already decided to suspend Azerbaijan’s membership over its failure to comply with the international body’s standards. At its meeting on March 8-9, the board, which has already given Baku a second chance, will decide whether it can now restore its status. So far, there is little to indicate that the Azerbaijani leadership has any understanding of what human rights even means. The European Bank for Reconstruction and Development (EBRD) has already said that the funding it is considering for the Trans Anatolian Pipeline, the SGC’s Turkish section, is dependent on Azerbaijan’s EITI status. In the meantime, EU leaders’ feeble response to concerns around Europe’s commitment to human rights when dealing with Azerbaijan leaves no doubt about their shared commitment to dirty fossil fuels. In his answer to MEP Benito’s question, Commissioner Cañete also confirmed that no climate assessment has been done for the EU’s largest fossil fuels project. Rather, he tried to rationalize this by claiming that “gaining access to gas from new sources under competitive market conditions should enable countries in South East Europe to replace some of the most polluting lignite power stations with efficient gas turbines.” But the environment commissioner did not bother explaining how this could be in line with the EU’s renewables goals and the Commission’s ‘energy efficiency first’ principle. Not least worrying is that even the Commission’s narrative on the SGC as a way to diversify the EU’s energy suppliers is becoming increasingly questionable. The massive pipeline, carrying Azerbaijani gas, EU policymakers have repeatedly said, would help the EU lessen its dependence on Russian gas imports. But now it seems that the Trans Adriatic Pipeline (TAP), the western leg of the SGC, could in fact be used to deliver Russian gas into Europe. In late January, Gazprom’s deputy head told attendees to the European Gas Conference that his company is interested in using TAP, likely by connecting the Turkish Stream pipeline to it, for shipping Russian gas to Europe. And it turns out that a number of the members of the TAP consortium, including Azerbaijan’s energy firm SOCAR, would actually be in favour of this scenario. In fact, even Šefčovič said, after presenting the annual “State of the Energy Union report” earlier this month, that the EU “should be less worried [about Gazprom] than in the past.” But the news about Moscow’s interest in the Southern Gas Corridor really should not come as a surprise. TAP’s country manager for Italy already told Italian investigative journalists that the pipeline could carry Russian gas. What’s more, another Russian energy giant, Lukoil, is already one of the companies developing Shah Deniz II, the Azerbaijani gas field intended as the source for the SGC. The EBRD has even arranged a half billion dollar loan for Lukoil’s share in the Shah Deniz II project, which was then matched by another loan from the Asian Development Bank. What, then, could be the EU’s motivations to advance a project as massive as the Southern Gas Corridor? Hopefully the European Commission and governments can offer more convincing answers, because it surely isn’t about promoting human rights, tackling climate change, or even mitigating the EU’s dependence on Russia. Anna Roggenbuck is CEE Bankwatch Network’s EIB Policy Officer. This article was first published on the CEE Bankwatch Network blog.  Bankwatch describes itself as the largest network of grassroots, environmental groups in central and eastern Europe.


News Article | November 29, 2016
Site: www.newsmaker.com.au

According to Stratistics MRC, the Global Lubricating Oils market is accounted for $38.5 million in 2015 and is expected to reach $47.7 million by 2022 growing at a CAGR of 3.1% from 2015 to 2022. Factors such as growing automobile industry, rapidly increasing industrialization & modernization of industrial machinery and globalization of technologies are propelling the market growth.  Demand for low viscosity fluids in the automotive industry, deep sea marine lubricants, and recycling of used lubricants are expected to offer major growth opportunities for the lubricant manufacturers. Manufacturing sectors such as 3D printing and medical devices will further complement lubricants industry. However, the market faces a few restraints like volatility in raw material prices and high prices of synthetic & bio-based lubricants. Declining crude oil output, strict environmental regulations and aqueous toxicity of conventional products are expected to hamper market growth. Market would face unprecedented challenges caused by new engine oil specifications and new engine tests. The utilization of lubricating oils is the highest in the automotive industry. Industrial Machinery & Equipment represent major end user for the market due to improving manufacturing PMI and increased productivity. Rising construction and infrastructure sectors for hydraulic oil, bearings, engine oil has led to high demand for commercial automotive and consumer automotive segment. Asia Pacific market was the largest in terms of volume and revenue owing to industrialization as well as eventually growing automotive, transportation and construction sectors in India and China. North America and Europe are expected to witness moderate growth. Some of the key players in global Lubricating Oils market are Exxonmobil Corporation, Chevron Corporation, Idemitsu Kosan Co. Ltd, Indian Oil Corp, JX Nippon Oil & Energy, Pertamina, PetroChina Company Limited, Repsol, Royal Dutch Shell PLC,SK Lubricants,Valvoline , Aegean, BP PLC, Total S.A., Sinopec Limited, Lukoil , Fuchs Petrolub AG, Petroliam Nasional Berhad (Petronas), Lubrizol Corporation, Mident Industrial Company Ltd, Flopower Industry Company Limited, Shijiazhuang Heavy Pump Company Limited, Chongqing Tongrui Filtration Equipment Manufacturing Co. Ltd , Huntsman Corporation, Conoco Phillips Co, Ashland Incorporated, Henkel AG & Company KGaA and  Warren Oil Company Incorporated. Regions Covered: • North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK  o Spain      o Rest of Europe  • Asia Pacific o Japan        o China        o India        o Australia        o New Zealand       o Rest of Asia Pacific       • Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements


News Article | December 9, 2016
Site: marketersmedia.com

The Global Enhanced Oil Recovery market is valued at $20.6 billion in 2014 and is expected to reach $106.4 billion by 2022 growing at a CAGR of 22.7% during the forecast period 2014 to 2022. Growing demand for energy, reinforcing existing reserves, growing oil demand and imports in Asia Pacific region, depleting oil reserves are some of the major factors driving the global EOR market. Whereas high capital cost, technical and operational challenges are the factors hampering the market growth. Globally, Chemical EOR is suitable for all onshore and offshore applications and it is registered as the fastest growing technology in EOR market. The growth of the market lies in the increasing oil production in the Middle East using EOR and growing usage of solar EOR process. North America is leading the regional EOR market with more than 35% of share in total market. Europe is expected to witness significant growth rate due to growing demand for primary energy along with rising requirement for self-sufficiency in crude oil supplies. Non-OECD countries such as Nigeria, China, Indonesia, Brazil, Venezuela and Russia are estimated to have future demand. Chemical EOR technique is poised to gain market share over the forecast period mainly in Middle East and Asia Pacific. The key players of the market include, BASF Se, Royal Dutch Shell, Lukoil, Petronas, NALCO Company, Cheveron Chemicals, Halliburton Corporation, Schlumberger Ltd. and Conoco Phillips. Leave a Query @ https://www.wiseguyreports.com/enquiry/231260-enhanced-oil-recovery-market-outlook-global-trends-forecast-and-opportunity-assessment-2014-2022 Regions Covered: • North America o US o Canada • Europe o Germany o France o Italy o UK o Spain • Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia • Rest of the World o Latin America o Middle East o Africa o Others What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements For more information, please visit https://www.wiseguyreports.com/sample-request/231260-enhanced-oil-recovery-market-outlook-global-trends-forecast-and-opportunity-assessment-2014-2022


News Article | December 7, 2016
Site: news.yahoo.com

Russia's energy ministry says oil-producing companies back an initiative to reduce crude output in line with an OPEC deal (AFP Photo/Andrej Isakovic) Moscow (AFP) - Russia's energy ministry said Wednesday the country's oil-producing companies had backed an initiative to reduce crude output in line with an OPEC deal. "All companies supported our proposals to limit the level of output," Russian news agencies quoted a ministry representative as saying after a meeting between Energy Minister Alexander Novak and oil companies. Novatek chief Leonid Mikhelson told reporters "everybody supports the ministry" in its initiative, Interfax news agency reported. After months of disagreement, OPEC members last week hammered out a deal to cut oil output for the first time in eight years. Moscow -- which is not a member of the oil cartel -- has said it is ready to reduce crude output by 300,000 barrels a day in the first half of next year. OPEC and non-OPEC members are set to meet in Vienna Saturday to discuss the implementation of the deal. But Novak's meeting with oil companies apparently did not put to rest all concerns regarding how Russia will slash its production. "There were no recommendations," Russian news agencies quoted Lukoil chief executive Vagit Alekperov as saying. "No decision was made." Earlier this week Alekperov warned that Russia would be unable to cut its oil output until the second quarter of 2017 because there are "no valves to stop production." Transneft president Nikolai Tokarev meanwhile said that the country could only cut its production starting in March because halting work at oil wells in the winter could damage them. By cutting 300,000 barrels a day, Russian will produce some 10.9 million barrels a day -- a figure higher than when Russia had attempted to agree on a production freeze with OPEC members in the spring. The slide in oil prices and Western sanctions over Moscow's role in the Ukraine crisis have pummelled the Russian economy.


News Article | November 14, 2016
Site: www.prnewswire.co.uk

The report "Industrial Wax Market by Type (Fossil Based, Synthetic Based, Bio-Based), Application (Candles, Packaging, Coatings & Polishing, Hot Melt Adhesive, Tires & Rubber, Cosmetics & Personal Care, Food) - Global Forecast to 2026", published by MarketsandMarkets, the global market is projected to reach USD 10.07 Billion by 2021, at a CAGR of 4.5% from 2016 to 2021 and USD 12.84 Billion by 2026, at a CAGR of 4.7% from 2016 to 2026. Browse 166 market data Tables and 66 Figures spread through 186 Pages and in-depth TOC on "Industrial Wax Market" http://www.marketsandmarkets.com/Market-Reports/industrial-wax-market-197935975.html Early buyers will receive 10% customization on this report. With the stabilization of global oil prices by 2020-2021, advances in the manufacture of synthetic wax and the increased use of wax in corrugated packaging, it is estimated that industrial wax would depict slightly higher growth rates during the long term forecast. The candles application is estimated to be the largest application for the industrial wax market. Industrial wax is preferred for making candles due to its properties such as moldability and extrudability. These properties of industrial wax enable the production of candles in all types of shapes and sizes. This application is growing due to the increasing demand for fragrant candle products, decorative items and the use of candles for religious and therapeutic purposes. Fossil based waxes accounted for the largest share of the global industrial wax market. Fossil based waxes include mineral wax and petroleum wax, which are largely used for coating commercial products. Waxes such as ozokerite, paraffin, microcrystalline wax, ceresin, and petrolatum, are extensively used in the cosmetics industry, as they are considered extensively safe and are derived from the various processes of crude oil refining. Petroleum waxes have high gloss characteristics, which makes them suitable ingredients for polishes, predominantly for the "paste" type commonly used on floors, furniture, cars, and footwear. Growing demand in Asia-Pacific, the major driver for growth of industrial wax market In 2015, the Asia-Pacific region accounted for the largest share of the global Industrial Wax Market and is expected to grow at the highest rate from 2016 to 2026. China is currently the largest market in the Asia-Pacific region for industrial wax and is expected to remain the largest market during the forecast period. India is the fastest-growing market for industrial wax. The increasing demand from the candles, packaging and coatings & polishing applications and the fast growing need for tires & rubber and cosmetics & personal care applications, drives the industrial wax market in these countries. The key companies profiled in the industrial wax market research report are Sinopec Corp. (China), Royal Dutch Shell Plc (Netherlands), Petroleo Brasileiro S.A. (Petrobras) (Brazil), Exxon Mobil Corp. (U.S.), Sasol Limited (South Africa), OJSC Lukoil (Russia), Numaligarh Refinery Limited (India), HCl WAX (China), The Blayson Group Ltd (UK) and International Group, Inc. (Canada). Biolubricants Market by Type (Vegetable Oil, Animal Fat), Application (Hydraulic Fluids, Metalworking Fluids, Chainsaw Oils, Mold Release Agents), End Use (Industrial, Commercial Transport, Consumer Automobile) - Global Forecasts to 2021 http://www.marketsandmarkets.com/Market-Reports/biolubricants-market-17431466.html Wax Emulsion Market by Material Base (Synthetic Natural), Type (Polyethylene, Paraffin, Carnauba, Polypropylene, and Others), End Use Industry (Paints & Coatings, Adhesives & Sealants, Cosmetics, Textiles, and Others), Region (Asia-Pacific, North America, Europe, and RoW) - Global Forecast to 2021 http://www.marketsandmarkets.com/Market-Reports/wax-emulsion-market-37491323.html MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


News Article | December 6, 2016
Site: www.newsmaker.com.au

This report studies sales (consumption) of Compressor Oil in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering  Basf  BP  Chevron Corporation  Croda International Plc.  Exxonmobil Corporation  Fuchs Petrolub Ag  Lukoil  Royal Dutch Shell Plc.  Sasol Limited  Sinopec Limited  The Dow Chemical Company  Total  Market Segment by Regions, this report splits Global into several key Regions, with sales (consumption), revenue, market share and growth rate of Compressor Oil in these regions, from 2011 to 2020 (forecast), like  North America  China  Europe  Japan  Southeast Asia  India 1 Compressor Oil Overview  1.1 Product Overview and Scope of Compressor Oil  1.2 Classification of Compressor Oil  1.2.1 Type 1  1.2.2 Type 2  1.2.3 Type 3  1.3 Applications of Compressor Oil  1.4 Compressor Oil Market by Regions  1.4.1 North America Status and Prospect (2011-2020)  1.4.2 China Status and Prospect (2011-2020)  1.4.3 Europe Status and Prospect (2011-2020)  1.4.4 Japan Status and Prospect (2011-2020)  1.4.5 Southeast Asia Status and Prospect (2011-2020)  1.4.6 India Status and Prospect (2011-2020)  1.5 Global Market Size (Value and Volume) of Compressor Oil (2011-2020)  1.5.1 Global Compressor Oil Sales, Revenue and Price (2011-2020)  1.5.2 Global Compressor Oil Sales and Growth Rate (2011-2020)  1.5.3 Global Compressor Oil Revenue and Growth Rate (2011-2020) 2 Global Compressor Oil Competition by Manufacturers, Type and Application  2.1 Global Compressor Oil Market Competition by Manufacturers  2.1.1 Global Compressor Oil Sales and Market Share of Key Manufacturers (2015 and 2016)  2.1.2 Global Compressor Oil Revenue and Share by Manufacturers (2015 and 2016)  2.2 Global Compressor Oil (Volume and Value) by Type  2.2.1 Global Compressor Oil Sales and Market Share by Type (2011-2020)  2.2.2 Global Compressor Oil Revenue and Market Share by Type (2011-2020)  2.3 Global Compressor Oil (Volume and Value) by Regions  2.3.1 Global Compressor Oil Sales and Market Share by Regions (2011-2020)  2.3.2 Global Compressor Oil Revenue and Market Share by Regions (2011-2020)  2.4 Global Compressor Oil (Volume) by Application Figure Picture of Compressor Oil  Table Classification of Compressor Oil  Figure Global Sales Market Share of Compressor Oil by Types in 2015  Table Applications of Compressor Oil  Figure Global Sales Market Share of Compressor Oil by Applications in 2015  Figure North America Compressor Oil Revenue and Growth Rate (2011-2020)  Figure China Compressor Oil Revenue and Growth Rate (2011-2020)  Figure Europe Compressor Oil Revenue and Growth Rate (2011-2020)  Figure Japan Compressor Oil Revenue and Growth Rate (2011-2020)  Figure Southeast Asia Compressor Oil Revenue and Growth Rate (2011-2020)  Figure India Compressor Oil Revenue and Growth Rate (2011-2020)  Table Global Compressor Oil Sales, Revenue and Price (2011-2020)  Figure Global Compressor Oil Sales and Growth Rate (2011-2020)  Figure Global Compressor Oil Revenue and Growth Rate (2011-2020)  Table Global Compressor Oil Sales of Key Manufacturers (2015 and 2016)  Table Global Compressor Oil Sales Share by Manufacturers (2015 and 2016)  Figure 2015 Compressor Oil Sales Share by Manufacturers  Figure 2016 Compressor Oil Sales Share by Manufacturers  Table Global Compressor Oil Revenue by Manufacturers (2015 and 2016)  Table Global Compressor Oil Revenue Share by Manufacturers (2015 and 2016)  Table 2015 Global Compressor Oil Revenue Share by Manufacturers  Table 2016 Global Compressor Oil Revenue Share by Manufacturers  Table Global Compressor Oil Sales and Market Share by Type (2011-2020)  Table Global Compressor Oil Sales Share by Type (2011-2020)  Figure Sales Market Share of Compressor Oil by Type (2011-2020)  Figure Global Compressor Oil Sales Growth Rate by Type (2011-2020)  Table Global Compressor Oil Revenue and Market Share by Type (2011-2020)  Table Global Compressor Oil Revenue Share by Type (2011-2020)  Figure Revenue Market Share of Compressor Oil by Type (2011-2020)  Figure Global Compressor Oil Revenue Growth Rate by Type (2011-2020) FOR ANY QUERY, REACH US @ Compressor Oil Sales Global Market Research Report 2016


The present invention concerns a process for the production of a cylinder oil comprising the steps: providing a used oil, providing a fresh cylinder oil, and blending the used oil with the fresh cylinder oil, wherein the used oil has a lower TBN value than the fresh cylinder oil. The invention further concerns a process for the operation of an internal combustion engine comprising the steps of: preparing a cylinder oil according to a process for the production of a cylinder oil as described herein and using the cylinder oil in the internal combustion engine. Also part of the present invention is an apparatus for the preparation of a cylinder oil, comprising a blending means for blending used oil and fresh cylinder oil, characterized in that the blending means is in flow communication with at least one compartment of an internal combustion engine that comprises used oil or at least one storage compartment comprising used oil, at least one storage compartment for fresh cylinder oil, and at least one cylinder of an internal combustion engine. A further aspect of the present invention is the use of used oil and fresh cylinder oil for the preparation of cylinder oil. The processes, apparatus and uses of the present invention are especially provided for the use with two-stroke crosshead engines installed on a ship.


The present invention concerns a process for the production of a cylinder oil comprising the steps:- providing a used oil,- providing a fresh cylinder oil, and- blending the used oil with the fresh cylinder oil,wherein the used oil has a lower TBN value than the fresh cylinder oil. The invention further concerns a process for the operation of an internal combustion engine comprising the steps of:- preparing a cylinder oil according to a process for the production of a cylinder oil as described herein and- using the cylinder oil in the internal combustion engine. Also part of the present invention is an apparatus for the preparation of a cylinder oil, comprising a blending means for blending used oil and fresh cylinder oil, characterized in that the blending means is in flow communication with- at least one compartment of an internal combustion engine that comprises used oil or at least one storage compartment comprising used oil,- at least one storage compartment for fresh cylinder oil, and- at least one cylinder of an internal combustion engine. A further aspect of the present invention is the use of used oil and fresh cylinder oil for the preparation of cylinder oil. The processes, apparatus and uses of the present invention are especially provided for the use with two-stroke crosshead engines installed on a ship.


Process for the production of a cylinder oil comprising the steps:- providing a used oil,- providing a fresh cylinder oil, and- blending the used oil with the fresh cylinder oil,wherein the used oil has a lower TBN value than the fresh cylinder oil and wherein the used oil comprises used system oil and wherein fresh system oil is used instead of or in addition to the used system oil. The invention further concerns a process for the operation of an internal combustion engine comprising the steps of:- preparing a cylinder oil according to a process for the production of a cylinder oil as described herein and- using the cylinder oil in the internal combustion engine. Also part of the present invention is an apparatus for the preparation of a cylinder oil, comprising a blending means for blending used oil and fresh cylinder oil, characterized in that the blending means is in flow communication with- at least one compartment of an internal combustion engine that comprises used oil or at least one storage compartment comprising used oil,- at least one storage compartment for fresh cylinder oil, and- at least one cylinder of an internal combustion engine. A further aspect of the present invention is the use of used oil and fresh cylinder oil for the preparation of cylinder oil. The processes, apparatus and uses of the present invention are especially provided for the use with two-stroke crosshead engines installed on a ship.

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