Paraffinic Group I

Uzbekistan’s refiner and base oil marketer Saneg revamped API Group I base oil production at its Fergana refinery with catalysts provided by the Dan ...

India’s total base oil production capacity is set to jump in the next few years due to expansions by state-owned oil companies, a Hindustan Petroleu ...

Monthly Base Oil Report

January 2, 2024

With the announcement of several posted price decreases, it is clear that the base oil market has been unable to escape the usual year-end doldrums.

Brazil refineries produced just 29,000 metric tons of base oil in November, 37% less than the same month of 2022 and the third consecutive month that ...

A base oil rerefinery that opened recently in Severodvinsk, Russia, may not be large, but it appears to be the northernmost such facility in the world ...

Base Oil Report

December 4, 2023

Gabriela Wheeler explains why the North American base oil market is resisting its usual seasonal slowdown.

Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due in part to shrinking profit mar ...

Which factors stunted base oil production in the United States during the first half of this year?

Base Oil Report

November 1, 2023

Despite posted price increases in September, there has been a sense of anxiety hanging over the base oil market during the fourth quarter.

United States base oil production jumped 18% in August, marking the first year-on-year increase in production volume since January. Total base oil out ...

Eneos Corp. this month permanently closed its crude oil refinery in Arida city, Wakayama prefecture, Japan, including its largest remaining base oil p ...

Base oil production in the United States declined 7% in July – continuing a year-long trend – although naphthenic production sported a 5% increase ...

Base Oil Report

October 2, 2023

Several factors seemed to have helped keep the base oil supply overhang in check during the third quarter. Gabriela Wheeler explains what some of thos ...

Base Oil Report

September 6, 2023

After a rather slumberous spring and summer, activity in the base oil market has finally started to pick up.

Base oil production in the United States declined 9% in May, although the volume reached its highest in a month since last July, according to data rel ...

Base Oil Report

July 20, 2023

Gabriela Wheeler outlines the major factors that have placed downward pressure on base oil prices this year.

Base Oil Report

June 14, 2023

The summer driving season usually ushers in increased base oil activity, but market dynamics this year have deviated from the norm.

Luberef has contracted to increase the amount of feedstock supplied to its base oil plant in Yanbu’al Bahr, Saudi Arabia – a change that will boos ...

Why has activity in the base oil market been unusually drowsy this year? Gabriela Wheeler explores the root causes.

Two Azeri startups are preparing to build a base oil rerefinery and a lithium battery recovery center, both of which will be located at the Sumgait ch ...