Finished lubricant production in Japan continues shrinking and has trailed behind last year’s numbers every month so far this year.
Authorities gave the green light on Saturday for a Saudi company’s acquisition of Shell Pakistan Ltd. The purchase was finalized a year after the An ...
Avista Oil and IFP Petro – two companies partnering to develop a waste lubricant rerefinery in India – said recently that price supports are neede ...
Chinese original equipment manufacturer BYD has agreed with the Turkish government to build a US$1 billion electric vehicle production line in the cou ...
Base oil production in the United States rose 6% in April – another solid month as the industry gets off to its best start since before the COVID-19 ...
Base oil markets had a rare quiet week – partly because some players attended industry conferences while others took early holidays.
India’s national oil companies are expected to more than double their total base oil capacities to 2.91 million metric tons per year by 2028, a Hind ...
Slowing demand and high operating rates at most base oil plants – with the exception perhaps of China – led to oversupply conditions in some segme ...
ExxonMobil tapped Juliana Holdings, Inc. to be its official distributor of Mobil-branded lubricants and services in the Philippines.
China’s economy is not expanding as fast as it did in recent years, but the country is still a key base oil player in Asia, despite other nations ga ...
Lubrizol, one of the largest lubricant additive companies in the world, has identified IMEA as a high-growth region.
People living within a three-mile radius of the Chemtool plant in Rockton, Illinois, may be eligible for a U.S. $94.5 million settlement if they were ...
Many base oil producers and consumers have been busy building inventories to meet product needs should output disruptions occur during the hurricane s ...
Amsoil Inc. said this week that it acquired Aerospace Lubricants, a Columbus, Ohio, producer and marketer of specialized lubricating greases.
Clean Harbors Inc.'s stock price edged past U.S.$220 per share this week, up by more than 140% since July 2022. The company is benefitting from increa ...
Industry watchdog Verification of Lubricant Standards reported recently that it has lodged complaints with United Kingdom and European Union authoriti ...
TotalEnergies announced this week that it purchased Finnish rerefiner Str Tecoil Oy, another move reflecting Big Oil’s growing interest in used lubr ...
Base oil prices are mainly holding firm throughout Europe, the Middle East and Africa, as supply pressures keep values higher than what would generall ...
ExxonMobil entered an agreement to have its lubricants toll blended in Morocco by Ola Energy, the latter company announced last month.
The base oils market in Asia was being pulled in different directions, with growing base oil supplies exerting downward pressure on spot values, and c ...
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