The United States produced 5.2 million barrels of base oil in October, a 4% increase from the same month in 2020 and just shy of the October 2019 tota ...

The United States produced 5.5 million barrels of base oil in September, topping the same month in 2020 by 23% and nearly matching the October 2019 to ...

The Winds of Change After several months of fairly tumultuous and heated market conditions—with monthly posted price adjustments and product shor ...

Transformer oil recycler Hydrodec and its Ohio rerefinery were acquired by United Kingdom-based Slicker Recycling Ltd., which highlighted in its Nov. ...

November Cooldown The naphthenic base oil segment in the United States was where most of the upward price action took place in September and Octobe ...

U.S. Base Oil Production Continues on the Path to Recovery The COVID-19 pandemic wreaked havoc on United States base oil production during the firs ...

A United States investment firm is the largest shareholder of Stockholm-based Nynas AB after acquiring a 49.9% stake in the refiner. The firm played a ...

Base oil production in the United States rebounded in March but remained 9% lower than the average output for that month in the previous five years, s ...

Petrobras on Tuesday extended until the end of July the negotiations completion deadline for the sale of a refinery with a naphthenic base oil plant i ...

The COVID-19 pandemic wreaked havoc on the United States base oil market during 2020. It was, as industry veteran Stephen Ames called it, the “year ...

Nynas AB announced yesterday that its reorganization is formally expected to be completed in January after resolving an appeal filed last week by the ...

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

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 ...

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 ...

Nynas AB announced May 12 that Petroleos de Venezuela S.A. sold a 35 percent stake in the company and that the United States lifted sanctions against ...

Officials in Venezuela’s embattled government have drafted a plan to restructure the country’s sacred national oil company, Petroleos de Venezuela ...

Are the synthetic and naphthenic understudies to paraffinic base oils ready to steal the limelight?

United States base oil producers made hay while the sun shined last year, taking advantage of a lack of disruptions to churn out 67.3 million barrels ...

The worldwide market for naphthenic base oils is tight, with a slight deficit that should continue at least through 2007, according to Swedish refiner ...