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 ...

Base oil markets in Europe, the Middle East and Africa are being pulled apart by two opposing dynamics. On one hand, a real lack of interest from the ...

Kuwait Petroleum Corp. is inviting investors to build a chemical plant that would make maleic anhydride out of n-butene supplied by the nationally own ...

Shell completed the sale last week of an oil products storage facility in the Jebal Ali Free Zone area of Dubai, United Arab Emirates. Used to store l ...

Saudi Aramco, the world’s largest oil company, has approached Valvoline, one of the world’s largest independent lubricant suppliers, about buying ...

Luberef, a base oil joint venture of Saudi Aramco, is considering an initial public stock offering that would aim to raise more than $1 billion, Bloom ...

The world’s largest crude oil supplier and one of the largest owners of base oil assets is getting back into the finished lubricants business. Saudi ...

In an effort to discourage tax-dodging mixing with diesel, Israeli officials signed an order last week to impose an excise tax on lubricants and solve ...

Vanol FZE is preparing to unveil a lubricant blending plant in Dubai with capacity of 75,000 metric tons per year, a launch pad for its plan to enter ...

Dorf Ketal Chemicals and TriBonds Chemical Co. announced today the formation of a joint venture that will manufacture lubricant additive components an ...

Iranian regulators recently authorized a 41% hike in prices for gasoline and diesel automotive engine oils. The country’s Consumer and Producer Prot ...

Egypt’s Misr Petroleum has reached an agreement for the company’s joint venture with Emirates National Oil Co. to produce finished lubricants at M ...

Saudi Arabia’s main business association formed a committee this month to promote reforms for the nation’s finished lubricant and base oil markets ...

Lubricating grease production in Europe fell 7% in 2020, according to the latest survey by the United States-based National Lubricating Grease Institu ...

German independent lubricants blender Fuchs Petrolub SE announced on March 12 a joint venture in Egypt with longtime partner Alhamrani Group of Saudi ...

Perhaps more than other regions, base oil supply in Europe and the Middle East has been severely constrained since the end of 2020. Industry insiders ...

Luberef launched an initiative to encourage lubricant blenders to locate at a site adjacent to its base oil plant in Yanbu’ al Bahr, Saudi Arabia, t ...