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 ...

Gazprom Neft is continuing with a project to add API Group II and III capacity to it refinery in Omsk, Russia, but the site has already begun making l ...

Refiners in the United States produced 25.9 million barrels of base oils in the first half of 2020—10% below what they churned out from January to J ...

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

SK Lubricants posted steep decreases in operating profit and sales for the second quarter, according to an earnings report filed this week by SK innov ...

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

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

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

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

The world's two leading engine oil specification groups have developed a closer working relationship in recent years, which will enable new developmen ...

Following the European Commissions adoption last month of a quota on duty-free API Group II base oil imports, industry sources say the measure is alre ...

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

API Group II base oil has overtaken Group I in terms of global production capacity and will likely continue to distance itself in coming years, but Gr ...

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

Its not an industry secret that the discrepancy between base oil production capacity and finished lubricants demand is growing, and that the current o ...

Chevron announced it has agreed for its Richmond, California, base oil plant to begin making API Group III oils that Finnish refiner Neste Corp. will ...

Regional imbalances in base oil supply and demand lead to large volumes being shipped all over the globe. The pattern of that trade continually shifts ...

United States base oil producers made hay while the sun shined last year, taking advantage of a lack of disruptions to churn out 67.3 million barrels ...

Vessel operators and oil marketers are girding for the impacts that IMO 2020 will have on shipping and marine lubricants, but an industry analyst pred ...