Market Topics

A two-month ordeal for the crew and owners of a hijacked tanker ship, whose cargo included naphthenic base oils bound for India from the U.S. Gulf Coa ...

The National Petrochemical and Refiners Associations Report on 2007 U.S. Lubricating Oil and Wax Sales was published last week, making its farewell ap ...

Total Expands US Footprint

November 26, 2008

Total Lubricants North America has acquired independent lubricant manufacturer Lubricants USA LP of Plano, Texas, for an undisclosed amount. Acquisiti ...

Fence sitting is the name of the game this week, as most buyers have disappeared, or at least are waiting with high expectations for prices to continu ...

U.S. Base Oil Price Report

November 19, 2008

Pointing to relaxed operating costs, specifically declining crude oil values alongside slowed demand, two U.S. API Group I, II and III suppliers reduc ...

When liquid crystals come up in discussion, its usually about wristwatches, computer monitors or flat screen televisions. If a German research team su ...

Animal Fat in the Crankcase?

November 19, 2008

Green Earth Technologies G-Oil motor oil, which is made with domestic animal fat by-products from the meat processing industry instead of traditional ...

DUBAI – Stimulated by the countrys ongoing economic surge, lubricant demand in the United Arab Emirates has nearly doubled in the past two years ...

Six months after it opened, following a two-year closure, the Kaduna Refining and Petrochemical Co. has been closed again. The subsidiary of Nigerias ...

ExMo Eases PAO Allocations

November 19, 2008

ExxonMobil will increase the sales allocations on some polyalphaolefin-formulated automotive and industrial lubricants effective Dec. 1, a company spo ...

HOUSTON – For many applications, API Group II base oils are the same as Group III, and Group II improves formulating economics in mainstream pro ...

U.S. Base Oil Price Report

November 12, 2008

This week ushered in another round of price cuts of between 10 and 30 cents per gallon put forth by ExxonMobil, Sunoco and Valero. This news surprised ...

Memphis Light, Gas and Water Division will pay a $1.2 million civil penalty to the U.S. Environmental Protection Agency under a consent agreement anno ...

Sales and marketing managers who work for U.S. lubricant manufacturers earn an average of almost $123,500 a year, according to the latest Lubricants I ...

ARG Buys Crude Oil Broker

November 12, 2008

American Refining Group has acquired Clinton Petroleum Co., a crude oil brokerage and trucking firm in Randolph, Ohio. Terms of the transaction were n ...

Industry Earnings Mixed

November 12, 2008

Calumet Specialty Products reported a steep drop in earnings for the third quarter, Quaker Chemical saw an increase in quarterly earnings, Milacrons I ...

Industrija Nafte, known as INA, recently closed Croatias only base oil plant, a Group I facility in Rijeka with capacity to produce 105,000 metric ton ...

Although change was a buzzword on election day, a jury last week voted that a change in grease brands hurt an Iowa fire hydrant manufacturer, whose la ...

U.S. Base Oil Price Report

November 5, 2008

A spate of price decreases ranging from 15 to 40 cents per gallon surfaced this week from the camps of Chevron, Motiva and Flint Hills Resources. Chev ...

Chevron on Monday said its Chevron Africa Holdings subsidiary has agreed to sell 100 percent of its shareholdings in Chevron Kenya Ltd. and Chevron Ug ...