Floods and drought will become more prevalent as anthropogenic climate change worsens. As Europe is deluged, the global South will desertification. De ...

A large part of the base oils market has slipped into summer slumber mode, although a few suppliers reported a small pickup in orders, likely as parti ...

Base oil production in the United States was about flat in May, compared to the same month of 2023. Meanwhile base oil imports dropped to one of the l ...

Castrol is firmly planting a flag in the space industry through a new collaboration with space exploration company Lunar Outpost. The U.K. company wil ...

Performance chemicals company Ingevity Corp. is to close its Crossett, Arkansas facility and shift oleo production to North Charleston, South Carolina ...

German rerefiner Puraglobe appointed a new CEO, Alois Virag. He replaces the long-serving Andreas Schueppel, who was at the helm for two decades.

Argentinian energy company YPF is divesting from its lubricants business, as well as offering a stake in one of its refineries, so it can concentrate ...

With August well and truly underway, many players from the base oil industry are absent, possibly for another 10-14 days of holidays.

Wavering lubricant demand dampened base oil consumption in Asia, while volatile crude oil and feedstock prices only added to the uncertainty. Base oil ...

Moving into the second week of August, the holiday month, base oil markets are exceptionally quiet with many key players missing from offices and desk ...

As global environmental concerns and sustainability efforts continue to grow, many governments have started to implement more stringent regulations fo ...

High base oil prices and sterling volume sales didn’t translate into profitability for Saudi Aramco Base Oil Co., known as Luberef. Narrow crack s ...

After 145 years in California, the second-biggest U.S. oil company, Chevron, is moving to Texas, the traditional home of America’s oil industry.

The state’s acquisition of the Sapref refinery in Durban could revive local base oils production in South Africa’s import-dependent lubricant mark ...

While base oil demand has slowed down, as most participants seemed comfortable with the inventories they have built and were holding enough product to ...

Law enforcement over the weekend seized drums of counterfeit Castrol engine oil and packaging during a raid in the city of Bhadohi, Uttar Predesh prov ...

Slowing demand and plentiful supplies placed downward pressure on base oil prices in Asia, but some grades were insulated from the adjustments because ...

Brazilian-based lubricant supplier Moove last month submitted a confidential draft proposal for an initial public stock offering in the United States.

The story that dominated the end of the half-year was tariff ping pong between the European Union and China.

The base oils market has slipped into a summer slumber, with activity in downstream markets slowing and base oil orders consequently weakening. Even s ...