Business

The global vehicle fleet – commercial vehicles and passenger cars – is expected to top 2.4 billion by 2035, doubling the current 1.2 billi ...

The lube businesses of Gulf Oil Lubricants India Ltd., GP Petroleums Ltd., Balmer Lawrie & Co., and Savita Oil Technologies all recorded double- or tr ...

ExxonMobil sold its remaining stake in TonenGeneral Sekiyu KK, completing a multi-year exit from its partnership in Japans second-largest oil refiner.

Vertex Sells Nevada Rerefinery

February 10, 2016

Clean Harbors acquired Vertex Energys rerefinery in Fallon, Nevada, for $35 million to boost plans to increase its rerefining presence in California a ...

SK Lubricants posted operating profit of 113.8 billion Korean won (U.S. $94.4 million) for the fourth quarter of 2015, up 59.4 percent from 71.4 billi ...

The Chinese grease market, the worlds largest, needs to undergo a significant shift in coming years toward high-performance, high-temperature products ...

Tide Water Oil and Apar Industries Ltd.s specialty oils and lubricants business both posted big earnings increases for the three months ended Dec. 31, ...

Auto Sales Slide in Japan

February 9, 2016

After rebounding in 2014, automobile production in Japan dropped 5.1 percent in 2015, according to the latest data from the Japan Automobile Manufactu ...

Q4 Earnings Wrap-up

February 3, 2016

S-Oils base oil segment and BPs lubricant business reported higher fourth quarter profits, while Afton Chemicals profits were down, all compared to th ...

As warranties expire on the first waves of Indonesia's low-cost green cars, independent automobile workshops are likely to see significant growth in t ...

Asia-Pacifics energy demand is expected to grow by 40 percent from 2014 to 2040, with oil, gas, and coal making up 80 percent of the regions total ene ...

S-Oils base oil business posted a 23 percent gain in operating profit in 2015 despite reduced sales revenue, while Chevron Lankas fourth quarter profi ...

PetroChina Ties Up with FAW

February 2, 2016

PetroChina announced an agreement with automaker FAW Group for the supply and joint development of automotive lubricants. The deal calls for the compa ...

Valvoline Profits Up

January 27, 2016

Ashland reported operating income of $92 million for its Valvoline segment during the quarter that ended Dec. 31, up 10.8 percent year to year. Sales ...

Oil Still Leads Way to 2040

January 27, 2016

Global energy demand in 2040 will be 25 percent higher than in 2014, with oil, natural gas and coal accounting for nearly 80 percent of total energy c ...

Lubricant consumption in South Korea decreased in 2015 and is unlikely to show significant increase in 2016, the Korea Lubricating Oil Industries Asso ...

In the past decade, Asia-Pacific has seen a net increase of nearly 10 million metric tons in its base oil capacity, making it by far the largest regio ...

Best Practices

January 22, 2016

Sara Lefcourt picks up management tips from the Republican debates.

Rerefiner Vertex Energy plans to launch a finished lubricants product line, the companys top executive said in a letter to shareholders. Given our exp ...

While growing availability of high-performance base stocks is driving a move towards higher quality lubricants, both base stock and lubricants demand ...