Kazakhstan reduced export duties on lubricants, crude oil and other petroleum products, and identified the lowest acceptable crude oil price that stil ...

Chevron Lummus Global and ExxonMobil have had a near corner on the business of providing technologies needed to refine API Group II and III base stock ...

Malaysias Petronas Lubricants International recently opened a new research and development center in China and launched several new products for domes ...

Most motorists in five Asian nations get their engine oil changed by professionals and follow experts advice in choosing which oil to use, according t ...

The Hong Kong Stock Exchange suspended trading of Tianhe Chemicals Group Ltd. shares Thursday. Tianhe said it requested the suspension because a delay ...

DUBAI, United Arab Emirates – Emirates Lube Oil Co (Elco) confirmed to Lube Report it commenced operations at a new grease plant located in Umm ...

South Korea and China recently announced that their forthcoming free-trade pact will take 15 years to eliminate Chinese tariffs on South Korean base o ...

Hong Kongs Yips Chemical Holdings Ltd. posted a loss of HK $2.9 million (U.S. $374,000) for its lubricants division in 2014, down from a profit of HK ...

China National Offshore Oil Co. expects to open a base oil plant in Taizhou, China, by the end of this year, and it has already agreed to supply a sig ...

Gazpromneft-Lubricants is pushing to enter the markets of China and Libya; for the former it plans to open local production by 2019, in the latter it ...

Russias Gazpromneft-Lubricants plans to establish distribution channels in China this year and to build a production facility there by 2019, the compa ...

Moresco Corp. and China Rerun Chemical Group reported gains in profits - Moresco for its third quarter, Rerun for its 2014 fiscal year. Castrol India ...

Japans Toyo Drilube will expand its facility in Vietnam in April and consolidate its two facilities in Thailand by June 2016, the company told Lube Re ...

Tianhe Chemicals recently opened a 6,000 square meter additives research and development facility in Jinzhou, China.

Following a government call for improved efficiency, Japans Idemitsu Kosan Co Ltd aims to reduce costs for base oil and lubricant production by cuttin ...

Third-quarter profits for Balmer Lawries grease and lubricants segment fell 35 percent year-over-year, while Savitas petroleum products division also ...

GTS Chemical Holdings will invest at least 49 million ($7.8 million) to expand its annual lubricant production capacity in Liaocheng, China, by 30,000 ...

The Indian grease market is the worlds third-largest and is growing approximately 2 percent per year, according to an analyst. One industry insider sa ...

Lubricant demand in China has jumped so much in recent years that some now deem it the worlds biggest market, surpassing the United States. The countr ...

Tide Water Oil Co., Sah Petroleums and Apar Industries Ltd.s oils segment all reported significant drops in profitability for the quarter ended Dec. 3 ...