Paraffinic Group III

Base Oil Report: Pricing

Base Oil Report: Pricing

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

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?

November 1, 2021

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

Additive

Chevron Buys Neste Base Oil Business

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

October 4, 2021

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

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Kazakhstan to Make Group II, III

September 21, 2021

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

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Poland’s Lotos to Add Group II, III

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

July 30, 2021

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

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Closures Could Keep Base Oils Tight

July 2, 2021

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

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S-Oil Ties up with Motiva

June 23, 2021

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

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IOCL Plans Another Base Oil Plant

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 ...

Total Pulls Plug on Gonfreville

Total Pulls Plug on Gonfreville

April 13, 2021

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

China Forecast to Continue Group III Imports

China Forecast to Continue Group III Imports

April 9, 2021

Chinese refiners have opened several API Group III base oil plants in recent years, but for several reasons they do not ...

United States Base Oils Bounce Back?

United States Base Oils Bounce Back?

April 1, 2021

The COVID-19 pandemic wreaked havoc on the United States base oil market during 2020. It was, as industry veteran Stephe ...

PAO Springs Forward

PAO Springs Forward

March 4, 2021

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

Gazprom Breaks Ground on Omsk Project

Gazprom Breaks Ground on Omsk Project

January 26, 2021

Russian oil major Gazprom Neft started construction last week on a modernization of an obsolete base oil plant at its re ...

Naftan Aims for More Group III

Naftan Aims for More Group III

January 19, 2021

Naftan wants to upgrade base oil production at its refinery in Novopolotsk, Belarus, by increasing output of API Group I ...

Base Oil Prices Rode Rollercoaster in 2020

Base Oil Prices Rode Rollercoaster in 2020

December 9, 2020

Base oil supply in the United States has been down throughout most of 2020 thanks to the COVID-19 pandemic, but prices h ...