Base Stocks

Shell to Produce Group III in Germany

Shell to Produce Group III in Germany

Lube Report EMEA - January 30, 2024

Shell last week announced plans to convert a fuels refinery in Wesseling, Germany, to produce API Group III base oils. T ...

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Asia Base Oil Price Report

Lube Report BOR Asia - January 26, 2024

Base oil demand remained generally sluggish in Asia, with suppliers finding difficulties in explaining the reasons for t ...

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U.S. Base Oil Price Report

Lube Report BOR Americas - January 24, 2024

While recession fears seemed to have subsided in the United States, economic uncertainties and ongoing geopolitical conf ...

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EMEA Base Oil Price Report

Lube Report BOR EMEA - January 23, 2024

The effects of ships avoiding the Red Sea are becoming more apparent as the days go by, with governments and operating c ...

South Korea Base Oil Exports Rise in December

South Korea Base Oil Exports Rise in December

Lube Report Asia - January 19, 2024

South Korea’s base oil export volume jumped 27% in December, and the declared value of the oils exported was up 29%, a ...

Saneg Revamped its Group I Base Oils

Saneg Revamped its Group I Base Oils

Lube Report Asia - January 19, 2024

Uzbekistan’s refiner and base oil marketer Saneg revamped API Group I base oil production at its Fergana refinery with ...

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Asia Base Oil Price Report

Lube Report BOR Asia - January 19, 2024

Despite expectations that the ongoing transportation disruptions in the Red Sea and delays in the Panama Canal would pla ...

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Arguing for More Group III Production in U.S.

Lube Report Americas - January 17, 2024

There are good reasons why North America produces relatively little API Group III base oil – far less than required by ...

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U.S. Base Oil Price Report

Lube Report BOR Americas - January 17, 2024

Shipping and logistical difficulties continued to draw the attention of market participants, although domestic supplies ...

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EMEA Base Oil Price Report

Lube Report BOR EMEA - January 16, 2024

The main news topic this week is the escalation of attacks against merchant shipping in the Red Sea corridor, and retali ...

Nynas Starts Partnership to Recycle Transformer Oil

Nynas Starts Partnership to Recycle Transformer Oil

Sustainability InSite - January 15, 2024

Swedish lubricant maker Nynas to recycle transformer oil in a partnership with leading recycler Stena Recycling.

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Asia Base Oil Price Report

Lube Report BOR Asia - January 12, 2024

A majority of base oil prices remained under downward pressure given plentiful supplies and sluggish demand, but some gr ...

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U.S. Base Oil Price Report

Lube Report BOR Americas - January 10, 2024

With tensions in the Middle East mounting given Israel’s ongoing fight against Hamas in Gaza and growing Iranian invol ...

U.S. Base Oil Exports Rise, Imports Fall

U.S. Base Oil Exports Rise, Imports Fall

Lube Report Americas - January 10, 2024

The United States exported 31% more base oil in October, while the volume of base oil imported into the U.S. plummeted 4 ...

Agreement Aims to Restart Curacao Refinery

Agreement Aims to Restart Curacao Refinery

Lube Report Americas - January 10, 2024

Petroleos de Venezuela S.A. and the owner of Refineria Isla have reached an agreement resolving a debt dispute and re-es ...

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EMEA Base Oil Price Report

Lube Report BOR EMEA - January 9, 2024

European, Middle Eastern and African base oil markets are gradually returning to everyday business as players head back ...

India’s Base Oil Supply Base Set to Jump

India’s Base Oil Supply Base Set to Jump

Lube Report Asia - January 5, 2024

India’s total base oil production capacity is set to jump in the next few years due to expansions by state-owned oil c ...

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Asia Base Oil Price Report

Lube Report BOR Asia - January 5, 2024

While the base oils market entered the New Year on a fairly muted note, several unfortunate incidents took place around ...