SK Lubricants and South Korea’s Ministry of Trade, Industry and Energy signed a memorandum of understanding last week to recycle waste lubricants in ...
Hefty crude oil price swings, high fuel prices, economic uncertainties and new coronavirus infections were affecting market activity and socio-politic ...
Base oil market participants seem to have adopted a wait-and-see position on the back of changing fundamentals. Plunging crude oil values lifted some ...
Base oil plants are complex facilities whose performance can be measured in numerous ways. One stands far above others, however, in consistently predi ...
Throughout Europe, the Middle East and Africa, base oil prices have at least steadied, and in some cases have started to weaken, due to a number of re ...
Base oil spot prices in Asia were generally stable, following several weeks of upward adjustments, as supply and demand appeared better balanced, whil ...
United States base oils production declined 2% in April, compared to the same month last year, a U.S. government agency reported last week. Output of ...
Base oil market activity remained steady given avid buying interest from downstream lubricant segments during the summer driving season, although busi ...
Brazil’s base oil production, which is mainly API Group I, increased by nearly 20% in May, while imports slipped by 6% and import volume year to dat ...
With the war in Ukraine still raging on and feedstock prices soaring, this summer is shaping up to be a wild ride for the base oil market.
How do different base stocks contribute to improved grease performance? Are synthetics the best option, or have mineral oils been holding their ground ...
Of the countless headaches the lubricants industry has faced in the past few years, Tom Glenn says that allocation may be the most challenging.
Lube Report temporarily publishes Ray Masson’s column every other week. His EMEA Base Oil Price Report will appear again in next week’s issue.
ExxonMobil is evaluating the possibility of building capacity to make API Group III base oils, according to the head of its base oil business. For now ...
Base oil demand has cooled slightly in Asia, allowing for more volumes to become available for export. Suppliers have been exploring the possibility o ...
Ineos Oligomers announced this week the startup of its new 120,000-metric-tons-per-year low viscosity polyalphaolefins unit at its facility in Chocola ...
With only a few days to go before the 4th of July holiday weekend and the summer driving season in full swing, lubricant demand has seen an uptick ove ...
The newly reached European Union agreement for an embargo of Russian petroleum products and crude oil will have a huge effect on the quantities of bas ...
An ExxonMobil official predicted Monday that the pace of openings of new base oil capacity will slow in coming years compared to rapid-fire additions ...
Several factors continued to exert pressure on spot base oil pricing in Asia, but some prices stabilized, while others showed only moderate increases ...
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