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 ...

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.

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

Valvoline Global Operations, a wholly owned subsidiary of Saudi Aramco, opened a new regional hub in central London.

Richful Lube Additive Co. and Farabi Petrochemicals have inked an agreement to build the first full-fledged lubricant additive factory in Saudi Arabia ...

Citing improved market conditions, Luberef said Tuesday that it is considering keeping open its API Group I base oil plant in Jeddah, Saudi Arabia, wh ...

High base oil prices and sterling volume sales didn’t translate into profitability for Saudi Aramco Base Oil Co., known as Luberef. Narrow crack s ...

The board of directors of Apar Industries Ltd. approved establishment of a wholly owned subsidiary in Saudi Arabia to produce lubricants for equipment ...

Luberef reported a 24% drop in net profit for full-year 2023 as the effects of decreased crack margins more than offset higher base oil sales volumes.

BP reported that profit for its Castrol lubricants business rose 23% because of higher margins, and Luberef reported a 28% drop in net profit for the ...

Fuchs SE reported a 10% increase in net profit on 7% greater sales revenue for the second quarter, citing continued impacts from price increases insti ...

Luberef has contracted to increase the amount of feedstock supplied to its base oil plant in Yanbu’al Bahr, Saudi Arabia – a change that will boos ...

Citing higher costs, BP reported that profits for its Castrol Lubricants business fell 37% in the first quarter, while Luberef posted a 47% jump in ne ...

Luberef said Sunday that a previously announced expansion of its base oil plant in Yanbu’ al Bahr, Saudi Arabia, will increase capacity by 230,000 m ...

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

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

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 ...

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