Refiners in the United States produced 25.9 million barrels of base oils in the first half of 2020—10% below what they churned out from January to J ...
The onset of the coronavirus pandemic was like a mighty gust of wind that blew asunder the many ships sailing the seas of the base oils industry. Prod ...
S-Oil reported a strong increase in operating income for its base oil business, while SK Lubricants posted lower operating profit, for the quarter end ...
Nynas AB announced a proposal Monday to restructure its debts to lenders and to repay other creditors, a major step toward completing the court-superv ...
Heritage-Crystal Clean’s oil business segment reported lower revenue for the third quarter, while WD-40 posted higher net income and revenue for the ...
SK Innovation said Sunday that it has developed a process to make API Group III base stocks from pyrolysis oil extracted from waste plastics. The anno ...
Indian Oil Corp. Ltd. plans to construct a 235,000 metric ton per year base oil plant at its Gujarat, India, refinery as part of a petrochemical and l ...
Abu Dhabi National Oil Co. said Monday that it will now guarantee that its base stocks meet specified parameters for viscosity index and tendency to e ...
Brazil’s top court ordered a temporary halt this week to efforts to divest eight refineries owned by national oil company Petrobras, while it consid ...
India’s Tide Water Oil Co. and Balmer Lawrie & Co.’s greases and lubricants segments both reported steep declines in profit, and Thai Oil Grou ...
Are base oil traders headed for extinction, or will they adapt and rise again to offer value to the industry?
The United States base oil market is still waiting for information about the reopening of the Excel Paralubes plant in Westlake, Louisiana, after Hurr ...
Refineries in eastern Texas and Louisiana are closing or scaling back operations as an intensifying Hurricane Laura barrels toward the United States.
Vertex Energy’s black oil segment, which includes its rerefineries business, posted steep decreases in operating income and revenue for the quarter ...
Poland’s government will introduce a waste oil management bill to encourage that used lubricants be recycled into base stocks instead of being burne ...
Base Oil refiners GS Caltex and Hyundai Shell Base Oil both posted increases in operating profit and drops in sales for the first quarter, compared to ...
For the quarter ending June 30, Calumet Specialty Products Partners LP reported a net profit, while Quaker Chemical, HollyFrontier’s lubricants and ...
Put down your hammer and coffin nails, cautions Ray Masson: Recent tightness in the market shows this old category is still kicking.
As lockdowns eased and demand began to pick up, base oil prices were also on the rise, reports Gabriela Wheeler.
Base oil production in the United States regressed in May, falling to its lowest seasonally adjusted level since the start of the COVID-19 pandemic.
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