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 ...

Russian oil major Bashneft increased its bright stock sales by 16% last year by streamlining its production process, the company said in a recent news ...

Prices for certain grades of base oils have fallen sharply over the past few weeks, particularly API Group l grades – some of which have fallen by m ...

The base oils market remains tight, demand has not let down as it typically does in mid-summer, and feedstock prices hovered at steep levels, maintain ...

Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear again in next week’s issue.

Additional naphthenic base oil price increases went into effect during the week, as Ergon and San Joaquin Refining communicated adjustments following ...

After a long, steep run-up price relief has come to at least parts of base oil markets in Europe, the Middle East and Africa. API Group I grades are s ...

Gabriela Wheeler is away. Her column will reappear in the July 14 edition of Lube Report Americas.

Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear again in next week’s issue.

Every Rose Has its Thorn With base oil demand showing a strong recovery in the United States after slumping during the height of the pandemic last ...

For the quarter and fiscal year ending March 31, Savita Oil Technologies Ltd. reported higher net profit, while Continental Petroleums Ltd. reported l ...

Although oil refineries should eventually ramp back up to normal operating levels, and while this should make more feedstocks available for base oil p ...

Clean Harbors will pay $140 million in cash to acquire Vertex Energy’s Heartland base oil rerefinery in Ohio, a second rerefinery in Louisiana and i ...

Cross Oil and Calumet will be increasing naphthenic base oil prices on the heels of a similar initiative recently proposed by paraffinic producers. Ex ...

Base oil markets around the Europe, Middle East and Africa regions are witnessing extraordinary events at the moment, with supplies drying up and pric ...

Motiva, Excel Paralubes, Phillips 66, Calumet, HollyFrontier, Petro-Canada, Paulsboro, SK Americas and Safety-Kleen communicated posted price increase ...

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 ...

Motiva Enterprises announced last week an agreement to market, sell and distribute in the North America API Group III base stocks supplied from South ...

Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear again in next week’s issue.

Chevron, ExxonMobil and Avista Oil announced posted price increases this week, introducing the sixth round of markups since the beginning of the year. ...