Growth in developing markets and supply chain disruptions have led to the emergence of a new generation of additives suppliers. Trevor Gauntlett expla ...

Japan’s production and sales of finished lubricating oils both fell in November, compared to the same month of last year, continuing what has been a ...

Gulf Oil Lubricants India inked a three-year partnership with fuel retailer Nyara Energy to sell its entire automotive product range.

As the year closed, market fundamentals appeared stable to soft, depending on the base oil grade and location. In some Asian countries, activity typic ...

The Fergana refinery in Uzbekistan will start up a hydrogen generator to supply gas to a hydrocracker currently under construction. The new units are ...

Base oil imports to China fell 26% in November, compared to the same month of 2023, as this year’s incoming shipments continued running well behind ...

Hindustan Petroleum Corp. Ltd is investing U.S.$551 million on expanding base stocks production at its Mumbai refinery, the company announced.

The festive season dampened market activity, although some players rushed to finalize business before the festivities as they strove to lower inventor ...

The amount of base oil exports from South Korea jumped 23% in November, compared to the same month of 2023, but the value of those exports rose only 3 ...

Some base oil grades seem to be experiencing a temporary tightening, leading to buyer anxiety about potential shortages and steeper price ideas, but t ...

In the absence of decisive trading activity, base oil prices were steady with only a couple of grades showing upward revisions given a tight supply an ...

There has been a general decline in base oil consumption levels as the year-end approaches and downstream lubricant demand prospects remain uncertain. ...

Japan produced 159,864 kL of finished lubricants in September, a 24% drop from the same month of 2023, according to the latest statistics from the cou ...

Some base oil segments continued to see steady demand as uptake from a few downstream applications was fairly brisk while supplies were strained. At t ...

United Kingdom-based additive company Infineum will open an additive blending plant in India next year. The announcement last week points to the lubri ...

Base oil exports from South Korea dipped 3% last month, compared to October of 2023, but the value of those exports fell 26%, reflecting the decline i ...

The pace of business slowed in many Asian countries, as buyers preferred to end the year with lean base oil inventories and suppliers also strove to a ...

Chinese energy company PetroChina will close its Dalian refinery by mid-2025, making it the first state-owned refinery in China to permanently shut do ...

Lingering uncertainties about upcoming demand in downstream segments kept the base oil business somewhat muted in Asia, although some grades seemed to ...

S-Oil blamed a weaker won and tighter refining margins on its third quarter net loss. The same period in 2023 saw brisk business for the South Korean ...