Paraffinic Group II

Chevron Lummus Gets Contracts for Gaslub

Chevron Lummus Gets Contracts for Gaslub

April 5, 2023

Petrobras has licensed technologies from Chevron Lummus Global for an API Group II base oil plant being built as part of ...

Shell Scratches Singapore Group II Plans

Shell Scratches Singapore Group II Plans

March 31, 2023

Shell has decided not to build an API Group II base oil plant at its Singapore fuels and chemicals complex, according to ...

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 ...

Group I Plants Closing, Groups II and III Growing

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 ...

Vertex Reports Higher Profit for Former Unit

Vertex Reports Higher Profit for Former Unit

March 22, 2023

Vertex Energy reported higher gross profit and revenue from 2022 for its Heartland used motor oil collection and recycli ...

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 ...

Luberef Expansion Will Add 230,000 T/y

Luberef Expansion Will Add 230,000 T/y

February 28, 2023

Luberef said Sunday that a previously announced expansion of its base oil plant in Yanbu’ al Bahr, Saudi Arabia, will ...

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 ...

Handi Boosts Group III Output

Handi Boosts Group III Output

February 10, 2023

Handi Sunshine Petrochemical has begun commercial production of API Group III base oils at its expanded base oil plant i ...

Additive

China Base Oil Output Tanked in 2022

December 30, 2022

China will produce a quarter less base oil this year than it did in 2021, according to estimates by Longzhong Informatio ...

Petrobras Group II Plant Plans Progress

Petrobras Group II Plant Plans Progress

December 28, 2022

Petrobras chose a concept on Dec. 22 for the base oil and fuel production units of its GasLub hub in Itaborai, Brazil, a ...

ExxonMobil Still Bullish on Group II

ExxonMobil Still Bullish on Group II

December 23, 2022

API Group II base oils will continue to be used in many applications for years to come, despite the move towards vehicle ...

Gazprom Group II and III Plant Nearly Complete

Gazprom Group II and III Plant Nearly Complete

December 20, 2022

Gazpromneft-Lubricants’ new 220,000 metric tons per year API Group II and III base oil plant is almost completed, with ...

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 ...

Luberef Plans IPO; Will Make Group III

Luberef Plans IPO; Will Make Group III

November 29, 2022

Luberef on Sunday announced plans for an initial public stock offering – which analysts estimated could raise U.S. $1 ...

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 ...

Base Oil Report: Pricing

Base Oil Report: Pricing

October 31, 2022

Posted base oil prices seemed to settle into a more typical pattern this fall, but has the market returned to normality ...

S-Oil’s Profits Up, Hyundai Shell’s Down

S-Oil’s Profits Up, Hyundai Shell’s Down

October 28, 2022

Profits rose 30% for the base oil and lubricants business of S-Oil and fell 16% for base oil refiner Hyundai Shell Base ...