Government-owned Oman Oil Co. acquired chemical manufacturer Oxea from private equity firm Advent International. Terms were not disclosed. Bloomberg ...

BUDAPEST, Hungary – Europe will consume 7 million tons of lubricants annually through 2021, but the continued economic crises may stunt markets, ...

Pemex will use Chevron Lummus Globals technology to add more than 13,600 barrels per day of API Group II base oil production capacity to its refinery ...

NASHVILLE, Tenn. – Handheld outdoor power equipment sales are around $15 billion in the U.S., which allows for a correspondingly large – b ...

U.S. quick lubes data showed a higher average daily number of oil changes but lower average total cars per day, along with an uptick in yearly sales p ...

Transformer oil rerefiner Hydrodec Group acquired used lube oil collector OSS for 4.7 million (U.S. $6.3 million), securing feedstock for a planned pi ...

Shell signed a memorandum of understanding to supply lubricants to Geely Motors, the Russian marketer of Chinese cars, the oil major said last week. ...

The Automotive Oil Change Association recently elected Jim Grant Jr. president, succeeding Patricia Wirth. Grant, who had served as AOCA vice preside ...

TURIN, Italy – Applying tribology on a serious scale can result not just in resource and energy savings, it can increase employment, the 5th Wor ...

Base oil production at U.S. refineries reached 27.8 million barrels in the first six months of this year, slumping 5 percent from the 29.3 million bar ...

Heartland Automotive Services, the largest U.S. Jiffy Lube franchisee, appointed Jim Marcum as interim CEO and formed a new Southeast division followi ...

The European Commission has approved Nynas proposal to acquire the base oil production units at Shells Harburg refinery in Hamburg, Germany, an acquis ...

Transformer oil rerefiner Hydrodec posted a $1 million operating loss for the six months ending June 30, improving from a $1.9 million operating loss ...

Petroleum wax made up just 73 percent of global wax supply in 2012, down from 90 percent in 2002, as API Group I capacity continues to slide, and synt ...

This week brought a mixed bag of financial reports for the recent quarter from Valvoline, SK Lubricants, S-Oil, Heritage-Crystal Clean and Quaker Chem ...

Shell and Bogdan Auto, one of the biggest car dealers in Ukraine, signed a lube supply contract. Under the deal, Shell Oil Products Ukraine will supp ...

Distributor Oman Oil Marketing is negotiating to acquire a 40 percent shareholding in blender Lubechem International Industry, of the United Arab Emir ...

SINGAPORE – In this period of unprecedented change in the base stock industry, base stock optimization is essential to cut costs and complexity. ...

Paul Waterman became CEO of Castrol and senior executive vice president of BP Lubricants July 1, succeeding Mike Johnson, who will retire at the end o ...

Singapore Lube Park – a joint venture among Shell, Sinopec and Total – yesterday announced it will build and operate facilities in southwe ...