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.

Luberef, a base oil joint venture of Saudi Aramco, is considering an initial public stock offering that would aim to raise more than $1 billion, Bloom ...

More than 500 members of the United Steelworkers union went on strike Monday at Chevron’s refinery in Richmond, California, which has an API Group I ...

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

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

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

Poland’s Lotos Group recently awarded an engineering, procurement and construction contract for an upgrade and expansion of its base oil plant in Gd ...

The Winds of Change After several months of fairly tumultuous and heated market conditions—with monthly posted price adjustments and product shor ...

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

The price for bright stock increased dramatically in early 2021, incentivizing lubricant formulators to seek immediate alternatives and consider those ...

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

A Time of Transition   The past 18 months have not been particularly wonderful for the active industries involved in keeping global economies ...