Paraffinic Group III

Is U.S. Base Oil Production a Global Affair?
© Retouch man; Alexander Lysenko; lianez; World Day

Is U.S. Base Oil Production a Global Affair?

Lubes'n'Greases - 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

Lube Report EMEA - November 29, 2022

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

Puraglobe Moves Forward on U.S. Rerefinery

Puraglobe Moves Forward on U.S. Rerefinery

Lube Report Americas - November 9, 2022

Plans for a rerefinery in Tampa, Florida were on the books for so long, the industry could be forgiven for considering t ...

Base Oil Report: Pricing

Base Oil Report: Pricing

Lubes'n'Greases - October 31, 2022

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

Base Oil Report: Pricing

Base Oil Report: Pricing

Lubes'n'Greases - October 3, 2022

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

U.S. Base Oil Production Down in June

U.S. Base Oil Production Down in June

Lube Report Americas - August 31, 2022

Base oil production in the United States declined 8% in June, compared to the same month last year, according to data re ...

Base Oil Report: Pricing

Base Oil Report: Pricing

Lubes'n'Greases - August 1, 2022

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

Additive

Base Oils Not Affected by S-Oil Explosion

Lube Report Asia - May 20, 2022

One person died and nine were injured Thursday night in an explosion at S-Oil’s refinery in Onsan, South Korea. The in ...

Base Oil Report: Pricing

Base Oil Report: Pricing

Lubes'n'Greases - May 2, 2022

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

Parties Mum on Ownership of JV Stake

Parties Mum on Ownership of JV Stake

Lube Report EMEA - April 12, 2022

Bahrain Lube Base Oil Co. in Sitra, Bahrain, has been churning out API Group III base stocks since 2011. It’s clear wh ...

Additive

Workers Strike at Richmond Refinery

Lube Report Americas - March 23, 2022

More than 500 members of the United Steelworkers union went on strike Monday at Chevron’s refinery in Richmond, Califo ...

As the Pendulum Swings

As the Pendulum Swings

Lubes'n'Greases - February 1, 2022

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

CNOOC Taizhou Introduces Group III

CNOOC Taizhou Introduces Group III

Lube Report Asia - December 24, 2021

State-owned energy company China National Offshore Oil Corp. has begun producing API Group III base oils at its refinery ...

Base Oil Report: Pricing

Base Oil Report: Pricing

Lubes'n'Greases - December 1, 2021

The Winds of Change After several months of fairly tumultuous and heated market conditions—with monthly posted pric ...

Group I Prices Diverge from Group II, III

Group I Prices Diverge from Group II, III

Lube Report EMEA - November 16, 2021

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

Is Bright Stock Irreplaceable?

Is Bright Stock Irreplaceable?

Lubes'n'Greases - November 1, 2021

The price for bright stock increased dramatically in early 2021, incentivizing lubricant formulators to seek immediate a ...

Chevron Buys Neste Base Oil Business

Chevron Buys Neste Base Oil Business

Lube Report EMEA - October 5, 2021

Neste has agreed to sell its API Group III business to Chevron, the companies announced Monday, a deal that expands Chev ...