Lubricant demand in India, the world’s third-largest market, has grown to 3.11 metric tons per year and will continue expanding, a Hindustan Petrole ...

Biofuels producer BBGI Group, along with fellow Thailand-based partners SCG Chemicals and QTC Energy, announced successful testing of their palm oil-b ...

South Korea’s base oil export volume jumped 21% in May, while the reported value of those exports increased 4%, compared to the same month last year ...

Lengthening availability of most base oil grades against shrinking demand continued to place pressure on prices in Asia, with some spot indications ed ...

South Korean lubricants blender Michang Petroleum reported a 13% increase in net profit despite a 4% decline in sales revenue for the quarter ended Ma ...

As China pushes to be a major player in global high-tech industries such as artificial intelligence, polyalphaolefin base stocks have more opportuniti ...

Pakistani blender Hi-Tech Lubricants Ltd. reported a much smaller net loss for its lubricants segment for the nine months ended March 31, despite a dr ...

A seasonal slowdown and growing supplies have started to exert downward pressure on spot prices in Asia. However, some grades remained tighter than ot ...

Uzbekistan’s Saneg said it aims to increase its base oil sales by directly targeting the European market, asserting it has improved the quality of i ...

MJL Bangladesh Plc reported increased net profit, Eastern Lubricants Blenders Ltd. posted decreased profits and Lub-rref (Bangladesh) Ltd.’s net pro ...

In a growing trade dispute, China’s government announced last week that it will suspend tariff concessions on imports of 134 categories of products ...

Base oil supplies appeared to be lengthening in Asia, a sign that consumption levels may be weakening on seasonal patterns and other factors, includin ...

Tide Water Oil Co. (India) Ltd., owner of the Veedol brand, recently announced it will close its German subsidiary due to the restructuring of its Eur ...

Gulf Oil Lubricants India Ltd. reported strong increases in net profit for the quarter ended March 31 and its fiscal year, riding a wave of sales grow ...

Eneos announced on Wednesday that it has produced rerefined base oil  in a demonstration project, as part of its work in a government-commissioned st ...

Several base oil grades remained exposed to upward pressure on account of steady demand against snug supplies, although buying interest appeared to be ...

South Africa’s Central Energy Fund SOC has finalized an agreement to buy the Sapref oil refinery in Durban, from Shell and BP – transacting a site ...

Independent Thai lubricant maker P.S.P. Specialties Public Co. reported hefty increases in net profit and sales revenue for the quarter ended March 31 ...

While there were no unexpected incidents in Asia this week, there was a sense of unease and trepidation as geopolitical conflicts and economic uncerta ...

Kluber Lubrication announced it will expand its factory in Mysore, India, to increase the amount of specialty lubricants that it makes locally and to ...