Languid buying appetite and ample supplies continued to exert downward pressure on spot prices in Asian base oil markets. Buyers who were holding adeq ...
Aster Chemicals and Energy will fork out U.S.$155 million to upgrade its refinery on Pulau Bukom in Singapore, the company said Dec. 9.
Eneos Hastens Cooling Fluid DevelopmentEneos Holdings is using NVIDIA’s Alchemi platform to speed development of immersion-cooling fluids for data c ...
The base oils market moseyed its way through the last weeks of the year, with participants reporting business at predicted levels amid expectations th ...
Representatives of Europe’s waste oil rerefining industry called on the European Union to help grow the industry with stronger regulations and clear ...
The volume of finished lubricant sales by independent manufacturers in North America rose 3.7% from 2018 to 2024, according to a new study by S&P ...
Base oil prices across Europe, the Middle East and Africa are mostly softer except for a resilient API Group III segment, where demand appears to be g ...
As the end of the year closes in, market participants were trying to wrap up business. Some suppliers were eager to reduce inventories to avoid tax im ...
Vietnamese lubricant company NPOil broke ground on a second lubricant blending plant expected to boost the company’s exports to Southeast Asia, Sout ...
On Monday, Motiva Enterprises began a restructuring its commercial functions, introduces a standalone marketing and sales unit and adds new senior exe ...
Chevron Oronite has opened a new storage facility in the Jebel Ali Free Zone in Dubai, partnering with RSA-Talke, a logistics operator, to expand its ...
Afton Taps SSKTama to be Indonesia DistributorAfton Chemical named PT Sari Sarana Kimiatama (SSKTama) as its distributor for the independent lubricant ...
Valencia, Spain – European lubricant demand is expected to remain flat for the rest of the decade as weak economic growth, political volatility and ...
Chevron announced a posted price decrease for its API Group II base oils this week. The price revision wasn’t a complete surprise, as Group II cuts ...
Vertex Energy said its Mobile, Alabama hydrocracker is now producing VTX-R4, a 4-centistoke API Group III rerefined base oil. The unit is a third comp ...
Base oil markets are looking as they usually do as the calendar year winds down, with many buyers taking the opportunity to purchase necessary last-mi ...
As the end of the year approaches, many base oil industry participants are likely to evaluate the circumstances that shaped business during the previo ...
The last month of the year was expected to bring fairly muted activity in base oil markets as both consumers and suppliers hope to reach the end of De ...
A few participants rushed to finalize business ahead of the Thanksgiving Holiday celebrated in the United States on November 27, and this led to a sho ...
The U.S. Federal Trade Commission ordered Valvoline Inc. to divest 45 quick-lube shops as a condition for clearing its proposed U.S.$625 million acqui ...
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