A new feedstock agreement with state-owned Saudi Aramco ensures operations at Luberef’s API Group I base oil unit in Jeddah, western Saudi Arabia, u ...

Languid buying appetite and ample supplies continued to exert downward pressure on spot prices in Asian base oil markets. Buyers who were holding adeq ...

Aster Chemicals and Energy will fork out U.S.$155 million to upgrade its refinery on Pulau Bukom in Singapore, the company said Dec. 9.  

The base oils market moseyed its way through the last weeks of the year, with participants reporting business at predicted levels amid expectations th ...

Representatives of Europe’s waste oil rerefining industry called on the European Union to help grow the industry with stronger regulations and clear ...

The volume of finished lubricant sales by independent manufacturers in North America rose 3.7% from 2018 to 2024, according to a new study by S&P ...

As the end of the year closes in, market participants were trying to wrap up business. Some suppliers were eager to reduce inventories to avoid tax im ...

Vietnamese lubricant company NPOil broke ground on a second lubricant blending plant expected to boost the company’s exports to Southeast Asia, Sout ...

On Monday, Motiva Enterprises began a restructuring its commercial functions, introduces a standalone marketing and sales unit and adds new senior exe ...

Chevron Oronite has opened a new storage facility in the Jebel Ali Free Zone in Dubai, partnering with RSA-Talke, a logistics operator, to expand its ...

Valencia, Spain – European lubricant demand is expected to remain flat for the rest of the decade as weak economic growth, political volatility and ...

Chevron announced a posted price decrease for its API Group II base oils this week. The price revision wasn’t a complete surprise, as Group II cuts ...

Vertex Energy said its Mobile, Alabama hydrocracker is now producing VTX-R4, a 4-centistoke API Group III rerefined base oil. The unit is a third comp ...

The last month of the year was expected to bring fairly muted activity in base oil markets as both consumers and suppliers hope to reach the end of De ...

A few participants rushed to finalize business ahead of the Thanksgiving Holiday celebrated in the United States on November 27, and this led to a sho ...

The U.S. Federal Trade Commission ordered Valvoline Inc. to divest 45 quick-lube shops as a condition for clearing its proposed U.S.$625 million acqui ...

The United States and China have agreed to suspend their tit-for-tat application of port service fees on each other’s docking vessels for one year, ...

Lopal prepared to ship its first batch of lubricants to Zambia, marking its initial order for Sumec Hardware & Tools Co., Ltd. The shipment is a ...

DuPont held a groundbreaking ceremony on Nov. 18 for a new specialty lubricants production facility in Zhangjiagang, Jiangsu province, aiming to boost ...

Yitai Bochen Chemical Technology Co. began construction this month on a new API Group III base oil plant in Zibo, Shandong province, marking a major b ...