Paraffinic Group III

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 ...

Workers Strike at Richmond Refinery

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 ...

Base Oil Report: Trends

Base Oil Report: Trends

Lubes'n'Greases - October 4, 2021

A Time of Transition   The past 18 months have not been particularly wonderful for the active industries involve ...

Kazakhstan to Make Group II, III

Kazakhstan to Make Group II, III

Lube Report EMEA - September 21, 2021

Kazakhstan is working on several new petrochemical refining projects carrying a combined price tag of U.S. $12 billion, ...

Poland’s Lotos to Add Group II, III

Poland’s Lotos to Add Group II, III

Lube Report EMEA - August 3, 2021

Lotos Group will spend 1.4 billion Poland zloty on investment projects in 2021, one of which includes modernization of i ...

Profits Up for S-Oil, Hyundai Shell

Profits Up for S-Oil, Hyundai Shell

Lube Report Asia - July 30, 2021

South Korean refiner S-Oil’s base oil business and Hyundai Shell Base Oil both reported large increases in profits and ...

Additive

Closures Could Keep Base Oils Tight

Lube Report Asia - July 2, 2021

Although oil refineries should eventually ramp back up to normal operating levels, and while this should make more feeds ...

Additive

S-Oil Ties up with Motiva

Lube Report Americas - June 23, 2021

Motiva Enterprises announced last week an agreement to market, sell and distribute in the North America API Group III ba ...

Additive

IOCL Plans Another Base Oil Plant

Lube Report Asia - April 16, 2021

Indian Oil Corp. Ltd. plans to build an API Group III base oil plant at its refinery in Panipat – part of a broader ex ...