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 ...

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 ...

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

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

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.

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

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

Bahrain Lube Base Oil Co. in Sitra, Bahrain, has been churning out API Group III base stocks since 2011. It’s clear who operates the plant and also ...

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 ...

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 ...

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

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 ...

Neste has agreed to sell its API Group III business to Chevron, the companies announced Monday, a deal that expands Chevron’s presence in the growin ...