Luberef reported a 24% drop in net profit for full-year 2023 as the effects of decreased crack margins more than offset higher base oil sales volumes.

Pakistan’s Hi-Tech Lubricants reported a smaller consolidated net loss for its lubricants segment and improved segment net sales for the quarter end ...

Calumet Specialty Products Partners L.P. reported a rebound in net income for the full year 2023, although the fourth quarter brought a net loss, whil ...

Nigerian lube blender Conoil reported a slightly lower gross profit and a 42% drop in sales revenue for its lubricants segment for the full year. The ...

Although Germany’s domestic lubricant demand declined 7% in November, the largest category – motor oils – posted a 5% year-on-year increase, and ...

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- or triple-digit gains in profi ...

Clean Harbor’s Safety-Kleen Sustainability Solutions segment suffered declines in third-party revenues for the full year and fourth quarter, due to ...

Nigerian blender MRS Oil Nigeria Plc reported a 154% jump in gross profit for its lubes segment for the full year, on a 17% increase in sales revenue, ...

Uzbekistan oil and gas company Saneg acquired CGC Lubricants Italy S.p.A., an Italian lube maker, to expand its footprint on the European markets and ...

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 despite a decline in the fourth ...

St. Louis-based lubricants blender Schaeffer Manufacturing Co. acquired the lubricants business of Hicks Oils & Hicksgas Inc., in southern Illinoi ...

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended Dec. 31, which is the first quar ...

Earth Alive Clean Technologies, a Canadian engineering company in the biochemical sector, acquired Interlube Inc. a Quebec-based producer of biodegrad ...

BP reported a triple-digit increase in fourth-quarter profitability for its Castrol lubricants business and a slight improvement for the full year 202 ...

Operating income was down for the fourth quarter and full year for both SK Enmove’s and S-Oil’s base oil and lubricants businesses, while Hyundai ...

Afton Chemical suffered drops in sales and operating profit for the fourth quarter plus a dip in sales for the full year of 2023 but achieved a health ...

Sara Lefcourt outlines major trends affecting business in 2024 and suggests ways your company can prepare for them.

Japan's Moresco reported an 8% rise in specialty lubricant sales and a 31% decline in synthetic lubricant sales for the nine months ending Nov. 30. Fa ...

Kano Laboratories, which manufactures penetrating oils, announced on Monday the acquisition of Synco Chemical Corp. and its line of synthetic food gre ...

Researchers with a technical foundation and a university in Norway said their efforts to develop new knowledge on the interaction between lubricants, ...