Base oil exports from the United States increased 2% year on year in January to 2.8 million barrels – driven mainly by large increases in shipments ...
Base oil imports to China, which are mainly API Group III base oils and high-viscosity Group II, dropped 16% to 1.8 million metric tons in 2022, and t ...
Base oil production in the United States increased 6% in January to the highest level in six months, according to data released March 31 by the U.S. E ...
Base oil production and base oil imports volumes in Brazil were again higher in February compared to totals in the same month last year, according to ...
Petrobras has licensed technologies from Chevron Lummus Global for an API Group II base oil plant being built as part of Brazil’s Gaslub project, a ...
As the vehicle parc modernizes in Latin America, there is a widening gap between engine oils that new vehicles require and what is available in the ma ...
The base oil market got off to a slow start in 2023. Might its sluggishness be a precursor to a more upbeat year?
Shell has decided not to build an API Group II base oil plant at its Singapore fuels and chemicals complex, according to a Reuters report Thursday. Th ...
API Group III base oil prices in the United States have stayed high while values for Group I and II oils dropped steeply from record levels in mid-202 ...
The base oil supply and demand landscape has changed significantly in recent years, with global capacity for API Group I base stocks decreasing signif ...
Vertex Energy reported higher gross profit and revenue from 2022 for its Heartland used motor oil collection and recycling business, which it sold Feb ...
While Petrobras and Grepar Participacoes await the conclusion of a second regulator review of Grepar’s bid to buy the Lubnor refinery in Fortaleza, ...
Calumet Specialty Products Partners L.P. trimmed its losses while increasing sales revenue for the quarter ending Dec. 31 and for the full year 2022. ...
Brazil’s base oil market may have had a down year in 2022, but it’s off to a healthy start in 2023, as domestic production and imports both rose y ...
Clean Harbors’ Safety-Kleen Sustainability Solutions segment and rerefiner Heritage-Crystal Clean’s oil business segment both reported higher sale ...
Shell announced it acquired a 49% stake in Blue Tide Environmental, a rerefiner with a gleaming new rerefinery and collection network.
Are falling base oil prices and the beginning of the spring season ushering in an uptick of activity in the base oil market?
Luberef said Sunday that a previously announced expansion of its base oil plant in Yanbu’ al Bahr, Saudi Arabia, will increase capacity by 230,000 m ...
South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth quarter, and operating profit for ...
An upgrade of a base oil plant in Fergana, Uzbekistan, is on track for completion by the beginning of 2024, with production scheduled to start later i ...
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