Naphthenic

U.S. Base Oil Output Ahead of 2020

U.S. Base Oil Output Ahead of 2020

January 5, 2022

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

U.S. Base Oil Output Remains High

U.S. Base Oil Output Remains High

December 1, 2021

The United States produced 5.5 million barrels of base oil in September, topping the same month in 2020 by 23% and nearl ...

Base Oil Report: Pricing

Base Oil Report: Pricing

December 1, 2021

The Winds of Change After several months of fairly tumultuous and heated market conditions—with monthly posted pric ...

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Slicker Buys Hydrodec Rerefinery

November 24, 2021

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

Base Oil Report: Pricing

Base Oil Report: Pricing

November 1, 2021

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

Rekindling the Flame

Rekindling the Flame

October 4, 2021

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

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U.S. Firm Takes Biggest Nynas Stake

July 27, 2021

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

Base Oils Output Rebounded in March

Base Oils Output Rebounded in March

June 23, 2021

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

Petrobras Extends Lubnor Sale Deadline

Petrobras Extends Lubnor Sale Deadline

May 12, 2021

Petrobras on Tuesday extended until the end of July the negotiations completion deadline for the sale of a refinery with ...

United States Base Oils Bounce Back?

United States Base Oils Bounce Back?

April 1, 2021

The COVID-19 pandemic wreaked havoc on the United States base oil market during 2020. It was, as industry veteran Stephe ...

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End of Nynas Restructuring Delayed One Month

December 29, 2020

Nynas AB announced yesterday that its reorganization is formally expected to be completed in January after resolving an ...

Nynas Emerging from Reorganization

Nynas Emerging from Reorganization

December 1, 2020

After final approval by a Swedish judge, Nynas AB is scheduled next month to officially exit from court-protected reorga ...

U.S. Hits Lowest Base Oil Production Since Great Recession

U.S. Hits Lowest Base Oil Production Since Great Recession

November 2, 2020

Refiners in the United States produced 25.9 million barrels of base oils in the first half of 2020—10% below what they ...

Nynas Proposes Debt Restructure

Nynas Proposes Debt Restructure

October 25, 2020

Nynas AB announced a proposal Monday to restructure its debts to lenders and to repay other creditors, a major step towa ...

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U.S. Lifts Sanctions on Nynas

May 18, 2020

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

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Venezuelan Plan: Make Nynas Russian Unit

May 8, 2020

Officials in Venezuela’s embattled government have drafted a plan to restructure the country’s sacred national oil c ...

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Spotlight Shifts to Synthetic and Naphthenic Base Oils

June 24, 2019

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

U.S. Base Oil Output Hits 20-year High

U.S. Base Oil Output Hits 20-year High

March 20, 2019

United States base oil producers made hay while the sun shined last year, taking advantage of a lack of disruptions to c ...