After final approval by a Swedish judge, Nynas AB is scheduled next month to officially exit from court-protected reorganization with much less debt, ...

Russian oil major Tatneft’s Taneco refinery overhauled several units as part of a project aimed at enabling it to make 6 centistoke API Group III b ...

Farewell, 2020! Who wants to hold onto 2020? Most people will probably be happy when it is finally over. Aside from a few bright spots here and the ...

The State of Base Oils at the End of 2020 Whilst it would be remiss to not mention the devastating effects of the ongoing COVID-19 pandemic on base ...

South Korean base oil refiner GS Caltex and Thai Oil’s base oil business both posted large increases in net profit for the quarter ending Sept. 30.

The COVID-19 pandemic has battered domestic base oil production in Brazil, but the large amount base oils that the country imports appear to have been ...

Vertex Energy’s black oil segment, which includes its rerefineries and used oil collection business, reported a smaller operating loss but lower rev ...

Calumet Specialty Products Partners LP reported a worse loss for the quarter ended Sept. 30, compared to the same period of 2019, while profits improv ...

Gazprom Neft is continuing with a project to add API Group II and III capacity to it refinery in Omsk, Russia, but the site has already begun making l ...

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?