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

Vertex Energy reported higher gross profit and revenue from 2022 for its Heartland used motor oil collection and recycling business, which it sold Feb ...

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 production and imports both rose y ...

Luberef said Sunday that a previously announced expansion of its base oil plant in Yanbu’ al Bahr, Saudi Arabia, will increase capacity by 230,000 m ...

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

Handi Sunshine Petrochemical has begun commercial production of API Group III base oils at its expanded base oil plant in Hainan province, China. The ...

China will produce a quarter less base oil this year than it did in 2021, according to estimates by Longzhong Information Group. Output dropped partic ...

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

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

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

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

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

Brazil has sold off two of its three major base oil plants. What might this mean for base oil production and overall market dynamics in the country?

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

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

Base oil pricing dynamics cooled off a bit in September. Gabriela Wheeler explains which factors helped to steady the market.

Base oil production in the United States declined 8% in June, compared to the same month last year, according to data released by a government agency. ...

Crude oil and feedstock prices remain volatile, and the summer months have ushered in yet another round of base oil price increases.

ExxonMobil is evaluating the possibility of building capacity to make API Group III base oils, according to the head of its base oil business. For now ...

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