Lotos Group will spend 1.4 billion Poland zloty on investment projects in 2021, one of which includes modernization of its base oil plant in Gdansk, P ...

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

Although oil refineries should eventually ramp back up to normal operating levels, and while this should make more feedstocks available for base oil p ...

Motiva Enterprises announced last week an agreement to market, sell and distribute in the North America API Group III base stocks supplied from South ...

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

Total has decided to permanently close a base oil plant at its refinery in Gonfreville, France, as part of a project to overhaul the Normandy complex. ...

Chinese refiners have opened several API Group III base oil plants in recent years, but for several reasons they do not meet the needs of local lubri ...

The COVID-19 pandemic wreaked havoc on the United States base oil market during 2020. It was, as industry veteran Stephen Ames called it, the “year ...

Polyalphaolefins are expensive, available from just a handful of producers and increasingly being replaced in automotive lubricants by alternatives su ...

Russian oil major Gazprom Neft started construction last week on a modernization of an obsolete base oil plant at its refinery in Omsk, Western Siberi ...

Naftan wants to upgrade base oil production at its refinery in Novopolotsk, Belarus, by increasing output of API Group III stocks by 2026, according t ...

Base oil supply in the United States has been down throughout most of 2020 thanks to the COVID-19 pandemic, but prices have fallen and risen due to sh ...

Gazprom Neft is continuing with a project to add API Group II and III capacity to it refinery in Omsk, Russia, but the site has already begun making l ...

Refiners in the United States produced 25.9 million barrels of base oils in the first half of 2020—10% below what they churned out from January to J ...

The onset of the coronavirus pandemic was like a mighty gust of wind that blew asunder the many ships sailing the seas of the base oils industry. Prod ...

SK Innovation said Sunday that it has developed a process to make API Group III base stocks from pyrolysis oil extracted from waste plastics. The anno ...

SK Lubricants posted steep decreases in operating profit and sales for the second quarter, according to an earnings report filed this week by SK innov ...

The world's two leading engine oil specification groups have developed a closer working relationship in recent years, which will enable new developmen ...

Global finished lubricant demand isn't keeping up with expanding base oil supply, threatening the cash margins of mineral base oil producers, official ...

API Group II base oil has overtaken Group I in terms of global production capacity and will likely continue to distance itself in coming years, but Gr ...