German lubricant maker Eurolub GmbH said it has acquired Bizol, another German lube marketer, to expand its automotive service chemicals products line ...

Base oil trade in Europe, the Middle East and Africa is gathering pace with a few notable exceptions, such as West Africa, where the start of the rain ...

OQ Chemicals announced on May 29 it lifted its force majeure declaration for all products from its German plants in Oberhausen and Marl.

Verbio SE recently started construction of a large-scale ethenolysis plant using rapeseed oil methyl ester at a site in Germany to manufacture large q ...

Base oils have bucked the general pricing trends for petroleum products in recent weeks, with rates for API Group I and II oils showing considerable s ...

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 ...

Russian company Industrial Projects expressed intentions last week to build a lubricant blending plant in the Rostov oblast, according to a May 20 new ...

Sunday’s death of Iranian President Ebrahim Raisi raised levels of trepidation in the Middle East, leaving players in the region’s base oil market ...

The conflicts in Ukraine and Gaza continue to grab the headlines, with Russia making advances into Ukraine territory and Israel seemingly intent on a ...

The European Union’s public prosecution office last week announced an investigation, dubbed “Greasy Hands,” into an international criminal ring ...

Independent lubricants blender Fuchs SE reported a 6% increase in first-quarter net profit and a 6% decline in sales revenue, attributed to price adju ...

Lukoil’s refinery in Volgograd, Russia, was struck again Sunday by a drone attack that caused a fire and reportedly damaged a key unit.

Geopolitical events have fundamental effects on energy prices, and ultimately the prices applied to petroleum products such as base oils, hence this r ...

Lukoil’s base oil and finished lubricant production both fell significantly in 2023, impacted by  a decline in marine oil sales.

BP reported a 14% increase in profits for its Castrol Lubricants business in the first quarter, citing higher margins, while Luberef posted a 46% drop ...

OQ Chemicals today announced the restart of production at its German plants in Oberhausen and Marl after overcoming a recent disruption at a raw mater ...

The past week was relatively serene in the Middle East Gulf region, with no further reprisal attacks from Iran or Israel, but tensions are still high ...

Amid market stagnation, Europe’s lubricants industry faces an unprecedented set of challenges ranging from regulations spurred by climate change to ...

A ground-up mixture of drained plastic motor oil canisters can be used as a construction additive in road pavement materials typically made of bitumen ...

In a bid to support the country’s refineries, the Russian government introduced a measure to revoke step-up export duties on select petroleum produc ...