Rafinerija Ulja Modrica, Bosnia and Herzegovina’s leading base oils and lubricants manufacturer, reported a loss of 2 million marka (U.S. $1.1 milli ...

The board of directors of Apar Industries Ltd. approved establishment of a wholly owned subsidiary in Saudi Arabia to produce lubricants for equipment ...

Bulgarian investment company Alpha Bulgaria Fund recently announced its intention to purchase up to 200,000 shares in Prista Oil Holding, the country� ...

Base oil prices were generally higher in Asia on increasing buying interest and tighter availability, but values in some pockets of the market were st ...

China’s plan to encourage manufacturers in key industries to replace old equipment could lead to more rerefined base oil production and finished lub ...

Japan’s finished lubricant production decreased 5% in February, while domestic lubricant sales surged 28%, according to data released today by a gov ...

Yip’s Chemicals Holdings Ltd. reported that its lubricants business rebounded with an operating profit in 2023 – after an operating loss in 2022 � ...

While it's true that OEMs are rethinking their EV strategies, sales continue.

The shift toward electric vehicles will cause significant fragmentation in the types of powertrains used in automobiles, a Valvoline official said at ...

Several paraffinic base oil producers and rerefiners communicated posted price increases last week, with the increases going into effect between March ...

Colombian oil and gas company Terpel reported large increases in gross profit for its lubricants segment both for 2023 and the fourth quarter in Colom ...

Brazil produced 19% more base oil in February than in the same month last year, according to data released last week by a government agency, the secon ...

Lubricant imports stagnated in Georgia in 2023, according to data published by the Union of Oil Products Importers, a trade organization.

Rosneft’s refinery in Novokuybyshevsk, Russia, was targeted by Ukrainian drone strikes twice last week, the latest in an ongoing campaign against Ru ...

Margins in Europe for API Group I base oils are being squeezed as crude oil and feedstock costs rise while prices for the base stocks remain steady. � ...

Although Germany’s domestic lubricant sales, including process oils, declined 12% in 2023, its 5% increase in December ended a year-long trend of ye ...

A tighter supply scenario and improved demand continued to support base oil assessments in Asia, although pricing in some segments has begun to unrave ...

South Korean lubricants blender Michang Petroleum reported a 138% jump in net profit in 2023, despite a slight decrease in sales revenue. In the fourt ...

Vietnamese Top Solutions Joint Stock Co. has begun constructing a new grease plant in Phuoc Nam Industrial Park. The grease will be for industrial equ ...

China base oil imports fell 2% in 2023 – a slowdown in the country’s decreasing reliance on foreign oils. China has long been one of the world’s ...