Base oil production in the United States decreased 8% in January, while naphthenic base oil output sank 24% to its lowest mark in several years, accor ...

Several paraffinic base oil producers and rerefiners communicated posted price increases last week, with the increases going into effect between March ...

Martin Midstream Partners reported a hefty increase in operating income on lower sales revenue for its specialty products business segment – which i ...

Novel Reliable Technologies announced it is expanding its presence in North America with blending and warehouse capabilities.

Process fluid provider Kodiak acquired Wayne, Oklahoma-based Aztech Lubricants, a specialist in wire drawing and wire lubricating formulation, adding ...

Motiva stepped out with a posted price increase late last week, with several other paraffinic base oil producers and rerefiners joining the bandwagon ...

Lubrizol’s pre-tax earnings for 2023 were relatively unchanged from 2022, although Berkshire Hathaway noted that they improved last year if excludin ...

Gas-to-liquids startup Cerilon said today that it has agreed to license Chevron processing technology for its base oil and diesel project being develo ...

To many suppliers’ relief, base oil demand has shown an uptick over the last two weeks, but participants acknowledged that activity was not yet at � ...

The month of March may be pivotal for the market, as business concluded over the next several days may be an indication of what can be expected for th ...

Base oil production in the United States decreased 6% in 2023, while production in December experienced a 7% uptick in volume, the U.S. Energy Informa ...

Calumet Specialty Products Partners L.P. reported a rebound in net income for the full year 2023, although the fourth quarter brought a net loss, whil ...

According to reports, ExxonMobil raised the posted price of its API Group I, Group II and Group II+ base oils last week, while Paulsboro plans to lift ...

The United States last week announced a sweeping new round of sanctions against Russia, covering a large number of companies including 10 Russian comp ...

In a fairly quiet market – with many players away attending the Argus Global Base Oils Conference in London – reports that ExxonMobil intended to ...

After pushback from automakers and unions, the United States Environmental Protection Agency may propose slowing the pace of regulations that would re ...

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended Dec. 31, which is the first quar ...

Earth Alive Clean Technologies, a Canadian engineering company in the biochemical sector, acquired Interlube Inc. a Quebec-based producer of biodegrad ...

Suppliers were focused on filling some early orders ahead of the busy spring production season, but it was too early to ascertain whether demand would ...

Blue Tide Environmental announced today completion of the first phase of its base oils rerefinery in Baytown, Texas – a low-sulfur vacuum gasoil pla ...