Middle East

Idemitsu Kosan Co., Ltd. and Saudi Aramco signed a base oil supply agreement aimed at strengthening supply stability and commercial coordination. S ...

Japanese refiner Idemitsu Kosan Co. and Saudi Aramco inked a agreement to cover the supply and procurement of lubricating base oils. The Tokyo-based r ...

Kline & Co.’s Anuj Kumar observes Group III base oils sprouting from a few used oil rerefiners and predicts more will come.

A tidal wave of mineral base oil capacity is surging onto a global market that already has a supply overhang. Exporters are especially likely to feel ...

Saudi Arabian base oil refiner Luberef and national oil company Saudi Aramco are evaluating the feasibility of an API Group III base oil manufacturing ...

Almost 18 months after initiating an investigation, the United Kingdom’s Trade Remedies Authority (TRA) issued its final determination on dumped ...

A new feedstock agreement with state-owned Saudi Aramco ensures operations at Luberef’s API Group I base oil unit in Jeddah, western Saudi Arabia, u ...

Oronite Opens Depot in Dubai

December 3, 2025

Chevron Oronite has opened a new storage facility in the Jebel Ali Free Zone in Dubai, partnering with RSA-Talke, a logistics operator, to expand its ...

Saudi Aramco Base Oil Co., known as Luberef, extended its land lease investment agreement for its Yanbu base oil facility by 20 years, according to a ...

Base oil markets are seeing pockets of unseasonal demand for various grades, although the particular grades vary considerably between regions.

Many players from the international lubricants industry are attending the Lube Expo get-together this week in Dusseldorf, Germany, and while that lead ...

A construction and tourism boom and a rapidly expanding vehicle fleet are beefing up finished lubricant demand in Saudi Arabia but stiff competition a ...

Two of Saudi Aramco’s base oil refiners posted their H1 results.

With 10 days remaining before United State President Donald Trump declares tariffs on European Union goods and services, the base oil market is awaiti ...

Into July, and very little new activity has been evident in the base oil markets across European, the Middle East and Africa. There are certainly pock ...

Into July, and very little new activity has been evident in the base oil markets across European, the Middle East and Africa. There are certainly pock ...

With a delicately balanced peace between Israel and Iran, base oil markets are returning to normal following days of worry that the Strait of Hormuz m ...

Saudi base oil rerefiner Yunitco plans to carry out maintenance at its unit in Yanbu

The world breathed a sigh of relief this week as Iran and Israel agreed to a ceasefire in their one-sided 10-day war, after the United States bombed I ...