Paraffinic Group II

Gazprom Breaks Ground on Omsk Project

Gazprom Breaks Ground on Omsk Project

January 26, 2021

Russian oil major Gazprom Neft started construction last week on a modernization of an obsolete base oil plant at its re ...

EU Extends Group II Import Quota

EU Extends Group II Import Quota

January 12, 2021

A year after its initial implementation, the European Union has extended for six more months its duty and 200,000 metric ...

Base Oil Prices Rode Rollercoaster in 2020

Base Oil Prices Rode Rollercoaster in 2020

December 9, 2020

Base oil supply in the United States has been down throughout most of 2020 thanks to the COVID-19 pandemic, but prices h ...

Additive

Petrobras Proceeds with Sales, Group II Project

December 2, 2020

After delays caused by the coronavirus pandemic, Petrobras is moving forward again with plans to divest several oil refi ...

Omsk Refinery Makes Calcium Sulfonate

Omsk Refinery Makes Calcium Sulfonate

November 10, 2020

Gazprom Neft is continuing with a project to add API Group II and III capacity to it refinery in Omsk, Russia, but the s ...

U.S. Hits Lowest Base Oil Production Since Great Recession

U.S. Hits Lowest Base Oil Production Since Great Recession

November 2, 2020

Refiners in the United States produced 25.9 million barrels of base oils in the first half of 2020—10% below what they ...

Redrawing the Map for Base Oils

Redrawing the Map for Base Oils

November 2, 2020

The onset of the coronavirus pandemic was like a mighty gust of wind that blew asunder the many ships sailing the seas o ...

SK’s Q2 Profits, Sales Fall

SK’s Q2 Profits, Sales Fall

July 31, 2020

SK Lubricants posted steep decreases in operating profit and sales for the second quarter, according to an earnings repo ...

EU Group II Imports Stay Below Quota

EU Group II Imports Stay Below Quota

July 5, 2020

By a slender margin, base oil traders stayed within the half-year 200,000 metric ton quota on API Group II imports into ...

PAO Blend Steps into the EV Thermal Management Fray

PAO Blend Steps into the EV Thermal Management Fray

May 7, 2020

All vehicles require a range of lubricants, greases, coolants and fluids, and EVs are no exception. Existing base stock ...

U.S. Group II Exports Forecast to Shift

U.S. Group II Exports Forecast to Shift

February 26, 2020

API Group II exports from the United States will shift from Europe to South America and Africa over the next five years ...

Additive

Petrobras May Add Group II Production

January 22, 2020

Brazilian state-run oil company Petrobras is seeking to add API Group II base oil production in the country through new ...

Additive

Panelists Encourage ILSAC-ATIEL Cooperation

January 1, 2020

The world's two leading engine oil specification groups have developed a closer working relationship in recent years, wh ...

Additive

Base Oil Quota Pressures European Market

December 10, 2019

Following the European Commissions adoption last month of a quota on duty-free API Group II base oil imports, industry s ...

Additive

Base Oil Margins Squeezed by Glut

October 16, 2019

Global finished lubricant demand isn't keeping up with expanding base oil supply, threatening the cash margins of minera ...

Group I Still Valuable in Shifting Market

Group I Still Valuable in Shifting Market

September 18, 2019

API Group II base oil has overtaken Group I in terms of global production capacity and will likely continue to distance ...

Additive

Asian Markets Shifting to Group II, III

August 2, 2019

The Asia-Pacific region is shifting rapidly toward increased use of highly refined base stocks as lubricant marketers ta ...

Base Oil Capacity Overhang to Shape Market

Base Oil Capacity Overhang to Shape Market

July 10, 2019

Its not an industry secret that the discrepancy between base oil production capacity and finished lubricants demand is g ...