Saudi Aramco Base Oil Co. Luberef posted first-half net income of 992 million Saudi riyals (U.S.$264.5 million), up 113% from 467 million riyals a yea ...
The chances of the Strait of Hormuz reopening soon are becoming slimmer, as negotiations between the United States and Iran have devolved into both si ...
The Light at the End of the Tunnel Will the fragile ceasefire between the United States and Iran hold? Will crude oil and base oil shipments from t ...
A fire severely damaged the Alhamrani Fuchs Petroleum Saudi-Arabia lubricant plant in Yanbu Industrial City on July 25, forcing production to stop and ...
The conflict between the United States and Iran has had a devastating effect on shipping through the Strait of Hormuz, transforming the global base oi ...
No end in sight to the chaos in the Gulf.
Join Base Oils Editor Gabriela Wheeler and Executive Editor Tim Sullivan as they discuss this month’s Base Oil Report. The current upheaval of base ...
The fallout from the U.S. and Israeli attacks on Iran has reached China, where refiners have delayed two projects with a combined capacity of 500,000 ...
Costs for the key grease ingredient have eased for now, but a Nynas official predicts grease suppliers will continue encountering reasons to consider ...
Turkey’s lubricant market is facing unprecedented stress on supply chains from the ongoing conflict in neighboring Iran. Financing pressure and ...
The current upheaval of base oil markets is severe enough to seem mythical except that lubricant producers are feeling the very real brunt.
Base oil prices are almost three times prewar levels since the United States and Israel launched military strikes against Iran on Feb. 28, tightening ...
Asian base oil prices have surged to record highs, driven by geopolitical disruption, tightening supply chains and shifting refinery economics, accord ...
Crude oil and feedstock prices surged to multi-month highs after the United States and Israel launched a coordinated attack over the March 1 weekend a ...
Thousands of ships and their crews are stranded in the Persian Gulf, unable to traverse the Strait of Hormuz into open waters, after ceasefire talks b ...
Investments in energy infrastructure — from electric vehicle charging to expanded power grids — all present challenges for lubricants.
Idemitsu Kosan Co., Ltd. and Saudi Aramco signed a base oil supply agreement aimed at strengthening supply stability and commercial coordination. S ...
Join Base Oils Editor Gabriela Wheeler and Executive Editor Tim Sullivan as they discuss the Base Oil Report. The nightmarish weather forecast that ...
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 ...
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