Paraffinic Group I

Eneos Shutters Wakayama Refinery

Eneos Shutters Wakayama Refinery

October 26, 2023

Eneos Corp. this month permanently closed its crude oil refinery in Arida city, Wakayama prefecture, Japan, including it ...

U.S. Base Oils Continue to Sag

U.S. Base Oils Continue to Sag

October 4, 2023

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

Base Oil Report

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 Whee ...

Base Oil Report

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.

U.S. Base Oil Output Sagged in May

U.S. Base Oil Output Sagged in May

August 2, 2023

Base oil production in the United States declined 9% in May, although the volume reached its highest in a month since la ...

Base Oil Report

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

Base Oil Report

June 14, 2023

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

Additive

Luberef Boosting Yanbu Output

June 13, 2023

Luberef has contracted to increase the amount of feedstock supplied to its base oil plant in Yanbu’al Bahr, Saudi Arab ...

Base Oil Report: Pricing

Base Oil Report: Pricing

May 26, 2023

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

Additive

Rerefinery to be Built in Azerbaijan

May 9, 2023

Two Azeri startups are preparing to build a base oil rerefinery and a lithium battery recovery center, both of which wil ...

Base Oil Report

Base Oil Report

May 1, 2023

Activity in the base oil market continues to be lethargic. Might a change be in store despite recent posted price decrea ...

Additive

Change in Pricing Pressure Seen for U.S. Base Oils

March 29, 2023

API Group III base oil prices in the United States have stayed high while values for Group I and II oils dropped steeply ...

Additive

Group I Plants Closing, Groups II and III Growing

March 24, 2023

The base oil supply and demand landscape has changed significantly in recent years, with global capacity for API Group I ...

Brazil Base Oil Production, Imports Rise

Brazil Base Oil Production, Imports Rise

March 8, 2023

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 prod ...

Profits Down for GS Caltex, Thai Oil in 2022

Profits Down for GS Caltex, Thai Oil in 2022

February 17, 2023

South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth qua ...

Is the Future Bright for Bright Stock?

Is the Future Bright for Bright Stock?

January 3, 2023

Group I capacity has been dwindling for years and is expected to continue on a downhill slide. Is bright stock facing a ...

Is U.S. Base Oil Production a Global Affair?

Is U.S. Base Oil Production a Global Affair?

December 1, 2022

Base oil production in the United States continues on the path to recovery, but the import and export scene has been sli ...

Privatization of Base Oils in Brazil

Privatization of Base Oils in Brazil

October 31, 2022

Brazil has sold off two of its three major base oil plants. What might this mean for base oil production and overall mar ...