Activity was fairly subdued in Asia as the end of the year drew near. Supply levels have grown because demand for most grades has eased, while refiner ...

Saudi Aramco signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. – a diversified downstream fuels, lubricants ...

A project to upgrade Uzbekistan’s only base oil plant has been delayed and is now scheduled to be completed in 2025, instead of 2024, according to a ...

South Korea’s GS Caltex reported a 52% third quarter drop in operating profit for its lubricants and base oils business, noting a decline in the spr ...

With crude oil values remaining volatile, and base oil demand not showing much improvement, bearish sentiment permeated the base oils market in Asia a ...

South Korea exported 10% less base oil in November than in the same month of last year, and the reported value of the exports fell 24%, according to d ...

Falling crude oil values and ebbing demand were placing downward pressure on base oil prices, with spot indications for a number of grades seeing down ...

China’s government will prohibit the use of short-chain chlorinated paraffins beginning Jan. 1, aligning with numerous other countries that have out ...

Blender Hi-Tech Lubricants reported strong rebounds in net profit and operating profit for its lubricants segment in the quarter ended Sept. 30, while ...

The pace was more sedate in Asian base oil markets, entering the last month of the year. Spot prices for some grades came under pressure on fizzling d ...

Crude oil price volatility, inflation and global uncertainties were among the factors cited by India lubricant companies for the quarter ended Sept. 3 ...

Citing opportunity in the booming electric vehicle market, Belgium-based Arteco announced recently that it is building a factory to produce coolants a ...

Japan’s production of finished lubricants decreased 3%, while domestic lubricant sales climbed 12% in October, according to data released yesterday ...

MJL Bangladesh and Eastern Lubricants Blenders reported large improvements in sales and profits for the quarter ended Sept. 30, though Eastern still r ...

Sinopec and BASF recently inaugurated the downstream expansion of their petrochemicals joint venture in Nanjing, China – a project that added produc ...

China has been a net base oil importer in the past few years, but supplies coming from abroad are decreasing as its domestic production is improving, ...

Business was starting to pick up in some countries following the celebration of the Diwali holiday, but the pace was generally muted as the approach o ...

Base oil market activity was muted in some Asian countries due to the celebration of the Diwali festival, while in others, buyers proceeded with cauti ...

Profits and sales for the quarter ended Sept. 30 surged for Japanese metalworking fluids and industrial fluids manufacturer Yushiro Chemical, as the i ...

South Korea base oil exports rose 23% in volume and by 25% in declared value in October, according to data released this week by a government agency.