Conventional Base Stocks

February Base Oil Report

February 1, 2024

The first weeks of 2024 ushered in a wave of posted price decreases. Which factors are swaying market dynamics in the first quarter?

United States base oil production declined 8% in November, compared to the same month last year. November’s output totaled 4.3 million barrels, comp ...

Italian refiner Eni stated Monday that the base oil plant at its Livorno, Italy, fuels refinery will close permanently when the site converts to refin ...

Shell last week announced plans to convert a fuels refinery in Wesseling, Germany, to produce API Group III base oils. The company will cease fuels pr ...

Uzbekistan’s refiner and base oil marketer Saneg revamped API Group I base oil production at its Fergana refinery with catalysts provided by the Dan ...

There are good reasons why North America produces relatively little API Group III base oil – far less than required by the region’s finished lubri ...

Swedish lubricant maker Nynas to recycle transformer oil in a partnership with leading recycler Stena Recycling.

India’s total base oil production capacity is set to jump in the next few years due to expansions by state-owned oil companies, a Hindustan Petroleu ...

Base oil production in the United States was flat in October, with a 1% increase in paraffinic production offset by a 9% decline in naphthenic product ...

Monthly Base Oil Report

January 2, 2024

With the announcement of several posted price decreases, it is clear that the base oil market has been unable to escape the usual year-end doldrums.

Neste announced it will convert its Porvoo, Finland, crude oil refinery to process renewable feedstocks, but that change will not affect the site’s ...

Brazil refineries produced just 29,000 metric tons of base oil in November, 37% less than the same month of 2022 and the third consecutive month that ...

A base oil rerefinery that opened recently in Severodvinsk, Russia, may not be large, but it appears to be the northernmost such facility in the world ...

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 ...