Structural shortages of base oil production in Latin America are attracting imports from other regions, and the market increasingly relies on supplies ...
Calumet Specialty Products Partners L.P. reported a rebound in net income for the full year 2023, although the fourth quarter brought a net loss, whil ...
When Petrobras nixed the sale of its Lubnor refinery last year, it seemingly reduced the likelihood of near-term upgrades to the site’s base oil pla ...
According to reports, ExxonMobil raised the posted price of its API Group I, Group II and Group II+ base oils last week, while Paulsboro plans to lift ...
Base oil and finished lubricant markets from the Americas to Asia are feeling impacts of the ongoing attacks on shipping through the Red Sea. – by R ...
Nigerian lube blender Conoil reported a slightly lower gross profit and a 42% drop in sales revenue for its lubricants segment for the full year. The ...
The United States last week announced a sweeping new round of sanctions against Russia, covering a large number of companies including 10 Russian comp ...
Although Germany’s domestic lubricant demand declined 7% in November, the largest category – motor oils – posted a 5% year-on-year increase, and ...
There are several categories of alternative fuel vehicles. Many use lubricants similar to those seen found in conventional internal combustion engines ...
Base oil fundamentals were in flux, with demand for a number of grades ramping up, and remaining on the sluggish side for others. Ample availability o ...
Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- or triple-digit gains in profi ...
Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regional demand for the chemical, whi ...
In a fairly quiet market – with many players away attending the Argus Global Base Oils Conference in London – reports that ExxonMobil intended to ...
Motorcycle and moped sales in India rose 9% during the 2023 calendar year, while sales of new passenger cars topped 4 million for the first time ever, ...
After pushback from automakers and unions, the United States Environmental Protection Agency may propose slowing the pace of regulations that would re ...
Amid early signs of a thaw in international relations, Venezuela’s economy and lubricant market have begun to rebound, stirring renewed interest by ...
Clean Harbor’s Safety-Kleen Sustainability Solutions segment suffered declines in third-party revenues for the full year and fourth quarter, due to ...
The global lubricants industry is facing new challenges from geopolitical and economic events, such as wars in Ukraine and the Middle East, supply rou ...
Base oil markets in Europe, the Middle East and Africa continue to feel impacts of armed conflicts, but the effects vary from region to region. In gen ...
Nigerian blender MRS Oil Nigeria Plc reported a 154% jump in gross profit for its lubes segment for the full year, on a 17% increase in sales revenue, ...
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