Paraffinic Group II

ExxonMobil Continues Group II Expansion
Reactor being installed as part of ExxonMobil’s base oil expansion in Singapore. Photo courtesy of ExxonMobil Asia Pacific

ExxonMobil Continues Group II Expansion

Lube Report Asia - July 1, 2022

ExxonMobil is evaluating the possibility of building capacity to make API Group III base oils, according to the head of ...

Base Oil Report: Pricing

Base Oil Report: Pricing

Lubes'n'Greases - May 2, 2022

Gabriela Wheeler explains some of the most prevalent factors contributing to the current—and confusing—base oil pric ...

Additive

IPO Considered for Luberef

Lube Report EMEA - April 5, 2022

Luberef, a base oil joint venture of Saudi Aramco, is considering an initial public stock offering that would aim to rai ...

Workers Strike at Richmond Refinery

Workers Strike at Richmond Refinery

Lube Report Americas - March 23, 2022

More than 500 members of the United Steelworkers union went on strike Monday at Chevron’s refinery in Richmond, Califo ...

Base Oil Report: Trends

Base Oil Report: Trends

Lubes'n'Greases - March 1, 2022

Group II is the workhorse grade in the lubricants industry right now, but how firm is its position in the world of heavy ...

Shell Mulls Group II in Singapore

Shell Mulls Group II in Singapore

Lube Report Asia - February 11, 2022

British energy giant Shell is considering building an API Group II base oil unit at its refinery on Singapore’s Pulau ...

As the Pendulum Swings

As the Pendulum Swings

Lubes'n'Greases - February 1, 2022

The COVID-19 pandemic led to sharp changes in base oil pricing and margins. Will the market settle into a new post-pande ...

Lotos Discloses Group II Capacity

Lotos Discloses Group II Capacity

Lube Report EMEA - January 4, 2022

Poland’s Lotos Group recently awarded an engineering, procurement and construction contract for an upgrade and expansi ...

Base Oil Report: Pricing

Base Oil Report: Pricing

Lubes'n'Greases - December 1, 2021

The Winds of Change After several months of fairly tumultuous and heated market conditions—with monthly posted pric ...

Group I Prices Diverge from Group II, III

Group I Prices Diverge from Group II, III

Lube Report EMEA - November 16, 2021

After a long, large run-up from the spring of 2020, base oil prices in Europe began retreating since summer, indicating ...

Is Bright Stock Irreplaceable?

Is Bright Stock Irreplaceable?

Lubes'n'Greases - November 1, 2021

The price for bright stock increased dramatically in early 2021, incentivizing lubricant formulators to seek immediate a ...

Additive

Sinopec Starts Dormant Group II Plant

Lube Report Asia - October 8, 2021

Sinopec has finally started up an API Group II base oil unit at its Yanshan Petrochemical refining complex, eight years ...

Base Oil Report: Trends

Base Oil Report: Trends

Lubes'n'Greases - October 4, 2021

A Time of Transition   The past 18 months have not been particularly wonderful for the active industries involve ...

Kazakhstan to Make Group II, III

Kazakhstan to Make Group II, III

Lube Report EMEA - September 21, 2021

Kazakhstan is working on several new petrochemical refining projects carrying a combined price tag of U.S. $12 billion, ...

Poland’s Lotos to Add Group II, III

Poland’s Lotos to Add Group II, III

Lube Report EMEA - August 3, 2021

Lotos Group will spend 1.4 billion Poland zloty on investment projects in 2021, one of which includes modernization of i ...

Profits Up for S-Oil, Hyundai Shell

Profits Up for S-Oil, Hyundai Shell

Lube Report Asia - July 30, 2021

South Korean refiner S-Oil’s base oil business and Hyundai Shell Base Oil both reported large increases in profits and ...

Additive

Closures Could Keep Base Oils Tight

Lube Report Asia - July 2, 2021

Although oil refineries should eventually ramp back up to normal operating levels, and while this should make more feeds ...