Latest Headlines

Base oil prices were largely steady as trading wound down ahead of New Year’s – one of the most important holidays in some countries –when numer ...

Pakelo Motor Oil S.p.A. has completed the acquisition of Uveol Srl, taking full ownership of the Italian specialist in metalworking and industrial lub ...

Canada Pension Plan Investment Board agreed to acquire an indirect, non-controlling stake in Castrol as part of a transaction valued at about $10.1 bi ...

BP agreed to sell a 65% stake in its Castrol lubricants division to U.S. infrastructure investor Stonepeak, in a deal that values the century-old busi ...

INEOS said it will move forward with a £150 million investment at its Grangemouth petrochemical complex in Scotland, supported by UK government finan ...

Briefly Noted

December 24, 2025

Kawasaki New Synthetic 4-stroke Bike OilKawasaki Motors Corp., U.S.A. has launched a new synthetic 4-stroke racing motorcycle oil  ...

The Technical Association of the European Lubricants Industry (ATIEL) has issued an updated version of its engine oil Code of Practice that, for the f ...

Valencia, Spain – Europe and Asia are rapidly reshaping the rerefined base oil market, emerging as the dominant global hubs as sustainability mandat ...

HollyFrontier announced a posted price decrease for most of its API Group I base stocks this week, in the wake of similar initiatives by Chevron, Exxo ...

Base oil markets have gone quiet in terms of purchasers and sellers conducting deals, but shipping remains active amidst the winter holidays – partl ...

With demand not expected to pick up in earnest until February, when many consumers start to build inventories for the spring lubricant production seas ...

The European Commission published its automotive package, outlining initial measures aimed at aligning the bloc’s decarbonization goals with competi ...

Briefly Noted

December 17, 2025

SK Enmove Opens China Technology Center in ShanghaiSK Enmove held an opening ceremony on Dec. 15 for its China Technology Center&n ...

According to reports, ExxonMobil and Paulsboro Refining Co. planned to decrease posted prices this week, on the heels of similar adjustments by Chevro ...

The American Petroleum Institute (API) Lubricants Group has agreed to move forward with balloting on three proposals tied to the next heavy-duty en ...

Almost 18 months after initiating an investigation, the United Kingdom’s Trade Remedies Authority (TRA) issued its final determination on dumped ...

A new feedstock agreement with state-owned Saudi Aramco ensures operations at Luberef’s API Group I base oil unit in Jeddah, western Saudi Arabia, u ...

The European, Middle Eastern and African base oil markets are subdued in terms of buying and selling activity, although deliveries of large cargoes fr ...

The European, Middle Eastern and African base oil markets are subdued in terms of buying and selling activity, although deliveries of large cargoes fr ...

Languid buying appetite and ample supplies continued to exert downward pressure on spot prices in Asian base oil markets. Buyers who were holding adeq ...