Fuchs Group announced yesterday an agreement to acquire Germany-based Lubcon Group, primarily with the aim of jointly innovating and advancing high-qu ...

To the relief of many, the break-out of direct hostilities between Israel and Iran seems to be de-escalating after a series of attacks and reprisals a ...

Poland’s demand for lubricants dropped by 1% in 2023 as the country’s economy stagnated, reflecting a broader decline in economic activity across ...

By far the biggest news this week was the Iranian rocket and drone attack on Israel Saturday, undertaken in response to Israel’s April 1 strike on I ...

A French safety agency has proposed recommending restrictions on the use of two diphenylamines – a category of chemicals that is relatively lightly ...

A Ukrainian drone last week struck the Taneco refinery in Nizhnekamsk, which has an API Group II and Group III base oil plant – the third attack on ...

With Ramadan coming to an end across the Middle East, base oil trading is expected to pick up, although perhaps not until after the Eid al Fitr holida ...

Lukoil broke ground recently on a grease, metalworking fluids and lubricant additives production facility in Volgograd.

Japan’s Cabinet today expanded a ban on exports to Russia, adding 164 items to the list of prohibited items, including automotive engine oils.

Easter break, Ramadan and elections in Turkey have made base oil markets quieter than they otherwise would have been, but market participants said the ...

Rafinerija Ulja Modrica, Bosnia and Herzegovina’s leading base oils and lubricants manufacturer, reported a loss of 2 million marka (U.S. $1.1 milli ...

Bulgarian investment company Alpha Bulgaria Fund recently announced its intention to purchase up to 200,000 shares in Prista Oil Holding, the country� ...

Rosneft’s refinery in Novokuybyshevsk, Russia, was targeted by Ukrainian drone strikes twice last week, the latest in an ongoing campaign against Ru ...

Margins in Europe for API Group I base oils are being squeezed as crude oil and feedstock costs rise while prices for the base stocks remain steady. � ...

Although Germany’s domestic lubricant sales, including process oils, declined 12% in 2023, its 5% increase in December ended a year-long trend of ye ...

The European Parliament adopted automobile emissions rules that tighten emissions limits for heavy-duty vehicles while leaving them unchanged for ligh ...

Spain’s lubricant demand rebounded in the second half of 2023 to finish ahead of 2022 levels, the Spain Lubricants Association reported last month.

European, Middle Eastern and African base oil markets are evolving on a number of fronts, with Europe’s Group I export market disappearing, activity ...

Russian base oil exports by sea dropped by 10% in 2023 to 260,000 metric tons, as the European Union imposed an embargo on Russian petroleum product i ...

Base oil trading trends in Europe and the Middle East Gulf are diverging this week as buying activity picks up in the latter region while the former r ...