Saudi Aramco announced Jan. 18 that Houston-based Aramco Trading Americas LLC will be the sole supplier and “offtaker” of Motiva Enterprises – o ...

The outlook for base oil markets is cloudy at the moment due to several uncertainties as the industry approaches what is normally a ramp-up to the spr ...

Saudi Arabian lubricants blender Petromin plans to raise up to $1 billion via an initial public offering, Bloomberg reported on Jan. 13. According to ...

The post-holiday return to work has not yielded the purchasing spree that some expected. Lubricant companies were holding exceptionally low inventorie ...

At long last, a degree of normality returned to base oil markets as workers returned to their desks following winter holidays. Lubricant blending oper ...

This week will start the return of many to workplaces and the restart of operations in blending plants across the regions. Base oil trade throughout E ...

Luberef said last week that it attracted strong interest to its initial public stock offering, as the retail portion of the sale attracted enough buye ...

As the calendar turns toward the New Year, base oil markets around Europe, the Middle East and Africa are quiet, with more operations closed down than ...

As base oil trading starts to slow ahead of the Christmas and New Year celebrations, buyers are less active even in areas not observing the Christian ...

Saudi investment firm Dussur has agreed to buy a minority stake in Italmatch Chemicals, a growing Italy-based company that supplies esters and chemica ...

The hot news this week is that Russian companies are encountering problems chartering vessels for cargoes of petroleum products, including base oils. ...

The principal news this week is that G7 countries and the European Union have established a price cap of $60 per barrel for any purchases of Russian c ...

Base oil markets throughout Europe, the Middle East and Africa are desperately quiet, with weak demand across the board. Until now, there have always ...

Luberef on Sunday announced plans for an initial public stock offering – which analysts estimated could raise U.S. $1 billion – and that it intend ...

The oversupply of base oils that rapidly developed during the third quarter now appears to be gradually defusing, thanks largely to many refiners shif ...

Luberef signed memorandums of understanding with several companies this month, agreeing to explore the possibility of constructing facilities to produ ...

Globally, demand for base oils and finished lubricants is largely down from previous years, even from late-year performance during the COVID-19 era. P ...

Base oil demand-supply balances have diverged significantly between Europe, the Middle East Gulf and Africa. Europe is flush with API Group II oils, b ...

Base oil demand is lackluster across most of Europe, the Middle East and Africa, although there has been an uptick in calls from some export markets, ...

Base oil markets across Europe, the Middle East and Africa are experiencing pressure from the downturn in economic activity in almost all countries ar ...