South Korea’s economy may be rebounding and vehicle sales within the country continuing to expand, but that will barely be enough to spur growth in ...

Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due in part to shrinking profit mar ...

A research group led by two universities in Japan recently announced a new technology that uses dielectrophoresis – electric power – to effectivel ...

Base oil prices were mixed in Asia this week as different factors affected each segment in a distinct way, with API Group I and Group II prices remain ...

The SK Enmove base oils and lubricants business, S-Oil’s base oils and lubricants business and joint venture Hyundai Shell Base Oil all suffered dou ...

Some countries in Asia were starting to follow the typical pattern where base oil demand starts to decline towards the end of the year, while others s ...

Japan’s production of finished lubricants decreased 7%, while domestic sales were down 4% in September, a government agency reported Tuesday. The pr ...

Base oil market players were somewhat relieved that crude oil futures have slipped from recent highs, but the ongoing Russian war on Ukraine and the I ...

Eneos Corp. this month permanently closed its crude oil refinery in Arida city, Wakayama prefecture, Japan, including its largest remaining base oil p ...

China’s government announced last month a four-year extension of a consumption tax exemption for petroleum products made from recycled waste mineral ...

Moresco reported a 10% increase in specialty lubricant sales and a 39% drop in synthetic lubricant sales for the six months ending Aug. 31, attributin ...

South Korea exported 21% less base oil in September, and the reported value of those shipments fell 34%, a government agency reported.

The upward price movement that most base oils have experienced over the last several weeks persisted in Asia, but seemed to be stalling, as supply was ...

India’s Savita Oil Technologies Ltd. commissioned a new synthetic ester manufacturing plant, citing opportunities in new product categories and the ...

S-Oil is contracting Gulf Lubricants Oil India Ltd. to blend and distribute its finished lubes in India – the first time S-Oil lubes have been manuf ...

Lubricant maker Azmol-British Petrochemicals has transferred its production activities to Georgia and Uzbekistan after losing control of its factory i ...

The biggest lubricant producer in Bangladesh is taking a step that could allow it to expand sometime in the future. MJL Bangladesh Plc signed a memora ...

South Korean lubricants blender Michang Petroleum Industry Co. reported a 43% jump in operating profit on a 2% uptick in sales for the quarter ending ...

Hindustan Petroleum Corp. Ltd. reported a 15% bump in lubricant sales for the fiscal year ended March 31, boosted by a 20% rise in sales to the Middle ...

Volatility in crude oil markets triggered by the Hamas attack on Israel over the weekend added another degree of uncertainty to the base oils segment. ...