Lwart Environmental Solutions said recently that it will expand its used lubricant rerefinery in Lençóis, Brazil, by 50%, making it one of the large ...
Two Italian used oil recycling operators filed an antimonopoly petition against Conou, Italy’s National Consortium for Waste Oils Management, allegi ...
A project to upgrade Uzbekistan’s only base oil plant has been delayed and is now scheduled to be completed in 2025, instead of 2024, according to a ...
Base oil exports from the United States surged 56% in September, boosted by increased shipments to Mexico and South America, while the volume of base ...
The U.S. base oil market was hurt by deteriorating finished lubricant demand in 2023, while strong demand for exports helped soak up a large inventory ...
Brazil’s base oil production tumbled down by 56% to its lowest point this year, while its lubricants import volume was up 18% in October, reaching i ...
U.S. base oil production decreased 4% in September, although naphthenic base oil production experienced a 16% jump in volume, according to U.S. govern ...
Gabriela Wheeler explains why the North American base oil market is resisting its usual seasonal slowdown.
Brazil’s state-owned Petrobras announced Monday that it had terminated the sale of the Lubnor refinery to Grepar Participacoes, claiming that govern ...
Founded in 2002, Penthol has grown to become a leading player in the API Group I, Group II and Group III base oil markets supplying North America, Tur ...
Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due in part to shrinking profit mar ...
Which factors stunted base oil production in the United States during the first half of this year?
Despite posted price increases in September, there has been a sense of anxiety hanging over the base oil market during the fourth quarter.
United States base oil production jumped 18% in August, marking the first year-on-year increase in production volume since January. Total base oil out ...
Eneos Corp. this month permanently closed its crude oil refinery in Arida city, Wakayama prefecture, Japan, including its largest remaining base oil p ...
China’s government announced last month a four-year extension of a consumption tax exemption for petroleum products made from recycled waste mineral ...
Base oil production in the United States declined 7% in July – continuing a year-long trend – although naphthenic production sported a 5% increase ...
Several factors seemed to have helped keep the base oil supply overhang in check during the third quarter. Gabriela Wheeler explains what some of thos ...
South Korea exported 34% less base oil, and the reported value of those exports plunged 48% in July, compared to the same month last year, the Korea C ...
The Unites States exported 22% less base oil in June, with the steepest drops occurring in exports to Colombia and Belgium, while base oil imports dec ...
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