Despite the challenges to the base oil market in 2022, industry players are wishing for market stability during the New Year. Is this possible given c ...

Group I capacity has been dwindling for years and is expected to continue on a downhill slide. Is bright stock facing a similar fate?

This week will start the return of many to workplaces and the restart of operations in blending plants across the regions. Base oil trade throughout E ...

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 ...

A powerful winter storm sweeping across the United States over the last week forced several refineries and gas production sites to shut down temporari ...

Petrobras chose a concept on Dec. 22 for the base oil and fuel production units of its GasLub hub in Itaborai, Brazil, and gave the go-ahead for detai ...

Russian refiners are bracing for the impact of the European embargo for their petroleum products including base oils and lubricants – the first such ...

As the calendar turns toward the New Year, base oil markets around Europe, the Middle East and Africa are quiet, with more operations closed down than ...

API Group II base oils will continue to be used in many applications for years to come, despite the move towards vehicle electrification, Laura Pottor ...

The calendar year is winding down, but one company livened the base oil market a bit this week with an unusually late announcement of price cuts. SK L ...

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 ...

As base oil trading starts to slow ahead of the Christmas and New Year celebrations, buyers are less active even in areas not observing the Christian ...

South Korean base oil exports decreased 23% in October, compared to the same month last year, while the declared value of those exports was down 14%, ...

A seasonal slowdown in demand, the release of hurricane-related product provisions, and the return to production of a number of plants following outpu ...

Brazil's base oil production in October declined by 18%, while base oil imports rose 8%, according to data released by a government agency. The produc ...

The hot news this week is that Russian companies are encountering problems chartering vessels for cargoes of petroleum products, including base oils. ...

Shell announced that its Pennzoil-Quaker State Co. purchased a 49% interest in Blue Tide Environmental LLC, which plans to bring a Group II rerefinery ...

Oleochemical producer Oleon acquired a blending plant in Conroe, Texas, the company announced this week. Oleon’s esters are used in lubricants, incl ...

Market participants agreed that it was difficult to forecast product needs for upcoming months as recent trends have not been consistent with those se ...

The principal news this week is that G7 countries and the European Union have established a price cap of $60 per barrel for any purchases of Russian c ...