Installation of new wind power capacity in the United States dropped 28% in 2023 to its lowest level since 2014, the American Clean Power Association ...

Calumet Specialty Products Partners L.P. reported decreased base oil and process oil sales revenue for the quarter ended March 31, while Perimeter Sol ...

An article in last week’s issue originally misstated the results of Quaker Chemical’s second fiscal quarter, when profits improved 19% compared to ...

Standard Lithium Ltd. announced a partnership with international energy major Equinor to develop two lithium extraction projects in east Texas and wes ...

The conflicts in Ukraine and Gaza continue to grab the headlines, with Russia making advances into Ukraine territory and Israel seemingly intent on a ...

The European Union’s public prosecution office last week announced an investigation, dubbed “Greasy Hands,” into an international criminal ring ...

Independent lubricants blender Fuchs SE reported a 6% increase in first-quarter net profit and a 6% decline in sales revenue, attributed to price adju ...

Lukoil’s refinery in Volgograd, Russia, was struck again Sunday by a drone attack that caused a fire and reportedly damaged a key unit.

A joint venture led by Indonesian chemical company Chandra Asri has agreed to buy Shell’s fuels and petrochemical refining complex in Singapore – ...

Indonesia has streamlined its import requirements for lubricant base stocks, which may boost the government’s call for more investment into the coun ...

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the first quarter ended March 31, wh ...

Trading in some base oil segments was brisk, but some corners of the market have started to slow down, perhaps because consumers have become increasin ...

Additional posted price decreases emerged within the Group II+ and API Group III categories during the week. SK Enmove announced that it would be lowe ...

United States base oil exports jumped by 60% in February, while base oil imports fell 34%, according to data released by the U.S. Energy Information A ...

Safety-Kleen Systems acquired Noble Oil Recycling, which collects used oil in the Eastern United States and has a North Carolina rerefinery that produ ...

Valvoline Inc. reported higher revenue and a quarter bump in increases in operating income for the three months ended March 31, while Quaker Chemical� ...

Geopolitical events have fundamental effects on energy prices, and ultimately the prices applied to petroleum products such as base oils, hence this r ...

Lukoil’s base oil and finished lubricant production both fell significantly in 2023, impacted by  a decline in marine oil sales.

BP reported a 14% increase in profits for its Castrol Lubricants business in the first quarter, citing higher margins, while Luberef posted a 46% drop ...

OQ Chemicals today announced the restart of production at its German plants in Oberhausen and Marl after overcoming a recent disruption at a raw mater ...