European, Middle Eastern and African base oil markets were rocked by large price hikes caused mainly by a lack of available products for blenders and ...

Vertex Energy’s black oil segment, which includes its rerefineries and used oil collection business, reported a drop in gross profit and a decline i ...

Polyalphaolefins are expensive, available from just a handful of producers and increasingly being replaced in automotive lubricants by alternatives su ...

Bright Stock Steals the Show Over the past several years, base oil market participants have repeatedly heard the mantra that API Group I grades wer ...

Quaker Chemical’s net income more than tripled during the fourth quarter despite a small decrease in sales revenue, while rerefiner Heritage-Crystal ...

United Kingdom-based transformer oil rerefiner Hydrodec Group Plc continues working on a refinancing package for its plant in the United States, but i ...

Lukoil last week commissioned a new API Group II base oil plant at its refinery in Volgograd, Russia. The 10 billion ruble (U.S. $132 million) investm ...

Picture a refinery and you probably think of the endless industrial landscape of the Texas Gulf Coast, not the rolling hills and pine forests of Anato ...

Transcending Frontiers Never has the significance of globalization been more evident than at the current time, when a deadly and highly infectious ...

2021 Will Be Marked by Pandemic and Politics Almost everyone was glad to see the back of 2020, and in anticipation of improving public health condi ...

Russian oil major Gazprom Neft started construction last week on a modernization of an obsolete base oil plant at its refinery in Omsk, Western Siberi ...

Naftan wants to upgrade base oil production at its refinery in Novopolotsk, Belarus, by increasing output of API Group III stocks by 2026, according t ...

A year after its initial implementation, the European Union has extended for six more months its duty and 200,000 metric ton quota on imports of API G ...

Turning over a New Leaf In Japan, people travel long distances to enjoy the quiet contemplation of the colorful fall leaves, an activity that boast ...

Exports’ Wild Ride Like most aspects of life and business in 2020, United States base oil exports took some unexpected turns off the usual route, ...

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

A small API Group I base oil rerefinery opened last week in Amur Oblast in the Russian Far East, the region’s government announced.

As part of an initiative to decarbonize its refining operations in Singapore, Royal Dutch Shell plans to permanently close its base oil plant in Pulau ...

Base oil supply in the United States has been down throughout most of 2020 thanks to the COVID-19 pandemic, but prices have fallen and risen due to sh ...

After delays caused by the coronavirus pandemic, Petrobras is moving forward again with plans to divest several oil refineries – including one that ...