A small number of base oil cargoes — probably the first since the Strait of Hormuz closed in March — have made it out of the Persian Gulf, but gl ...

S-Oil reported third-quarter operating profit of 1.41 trillion won (US$1.0 billion), up 513.7% from a year earlier, as higher refining earnings and st ...

BP Completes Sale of 65% Castrol Stake to Stonepeak BP has completed the sale of a 65% stake in Castrol to U.S. investment firm Stonepeak, receivin ...

Steep crude oil and feedstock prices and increases in the cost of energy, transportation and other inputs continued to exert upward pressure on base o ...

Shell sold 66,000 barrels per day of lubricants in the third quarter of 2026, down 25% from 88,000 b/d a year earlier and 12% from the second quarter, ...

Evonik has declined to enter formal acquisition negotiations with BASF after reviewing a letter from the German chemicals group expressing interest in ...

State-owned energy and mining company CHN Energy Investment Group completed a continuos three-day operational test of a pilot plant that produces meta ...

Ukrainian drones struck both Rosneft’s Novokuybyshevsk and Slavneft’s Yaroslavl refineries over the past few days, threatening key Russian base oi ...

What happens beyond the crisis? The impact on the markets could last well beyond the end of the conflict. In the webinar, we discussed the lasting imp ...

Markets were on edge this week, expecting several developments to become turning points in the United States-Israel-Iran conflict, allow for a reopeni ...

BASF has raised its takeover offer for Evonik Industries to €24 per share, valuing the German chemicals manufacturer at about €11.2 billion, accor ...

Algeria’s state-owned energy company Sonatrach has advanced plans for a base oil unit producing API Group II and III base oils at its Arzew refinery ...

October is ending with crude prices still hovering at multi-year highs and supply disruptions in the Middle East impacting refining operations and bas ...

PetroChina Expands KunLun Lubricant Distribution in Australia PetroChina Lubricant Company, China Petroleum Technology and Development Corp. (CPTDC ...

Electric vehicle sales in Russia grew by 84% from a small base in the first nine months of 2026, while the total new vehicle market grew just 5%, with ...

Throughout Europea, the Middle East and Africa certain base oil prices are coming under significant and conflicting pressure from different sources.

Shell and ExxonMobil are exploring the sale of Infineum, their 50-50 lubricant and fuel additives joint venture, in a deal that could value the busine ...

While softer demand was exerting downward pressure on base oil prices, high crude oil and feedstock values and ongoing supply restrictions were buoyin ...

Shell and ExxonMobil are exploring a sale of Infineum, their 50-50 lubricant and fuel additives joint venture, in a deal that could value the business ...