Global demand for general industrial lubricants will decline 13 percent for this year, due to the COVID-19 pandemic, consultancy Kline & Co. proje ...

Financially troubled GP Global announced last week that it has hired a restructuring officer to oversee its quest for capital infusion along with a re ...

India-based Siddharth Grease & Lubes Pvt.’s subsidiary opened a lubricant and grease manufacturing plant in the United Arab Emirates to supply m ...

Authorities in Ajman, United Arab Emirates, confiscated 100,000 packs of fake engine oil after a sweep last week on a counterfeit operation in the tin ...

Fears that the market for aviation lubricants and greases in the Middle East is unravelling as a result of the Covid-19 pandemic are exaggerated, anal ...

United States sanctions have forced Iranian refiners to find alternative export channels for their API Group I base oil to avoid detection and shore u ...

Renewed fears arose of disruption to base oil supplies from the Middle East, following the United States killing on Jan. 3 of Iranian Major General Qa ...

Wider use of synthetic engine oils and a shift to electric vehicles could reduce the threat of environmental contamination from waste oil in the Middl ...

Iraq has emerged as Irans main export market for base oils as the weight of United States sanctions shut down the Islamic Republics traditional trade ...

Mark Townsend files another dispatch from the turbulent Gulf.

Compared to previous engine oil standards, Asia, Middle East and Africa regions may see a quicker rollout of ILSAC GF-6 following its launch in North ...

Higher insurance premiums could put upward pressure on prices for API Group II and III base stocks from the Middle East Gulf after last weeks decision ...

U.S. refiners export significant quantities of base oils to the Middle East despite the regions substantial investment in API Group II and III product ...

The Middle East is a major base oil producer and consumer, and its market is fast moving. How will this dynamism affect the market as more higher-grad ...

Plummeting automotive sales in the Middle East are stoking fears of a knock-on effect on the regional lubricants market.

Iranian companies are shipping API Group I base oils direct to customers, sidestepping ports in the United Arab Emirates as the United States tightens ...

South Korea's Daelim Industrial will build an 80,000 tons per year polyisobutene plant in Jubail, Saudi Arabia, that is expected to come on stream in ...

Abu Dhabi National Oil Co. signed agreements Sunday selling a combined 35 percent stake in itself to Eni and OMV for a total of $5.8 billion. The comp ...

The Islamic Republic is a key supplier to its regions Group I and crude markets. Will fresh sanctions undermine that position?

Iran's place in global API Group I base oil markets is proving surprisingly resilient despite last month's snap-back of United States sanctions target ...