The United States produced 5.2 million barrels of base oil in October, a 4% increase from the same month in 2020 and just shy of the October 2019 tota ...

Activity was anticipated to perk up during the week following the New Year’s holiday, with industry participants getting ready to face ongoing chall ...

Swedish company VBG Group acquired all shares of U.S.-based Carlyle Johnson Machine Co. for $16.5 million. Carlyle Johnson designs and manufactures co ...

ExxonMobil’s Baytown, Texas, refinery – site of the second-largest base oil plant in the United States – is operating at reduced rates following ...

Market participants’ absence from the workplace ahead of the New Year’s holiday accentuated the slower business pace seen over the last several da ...

The James Webb Space Telescope, scheduled to launch Dec. 24 on a NASA mission from French Guiana, will rely on a proprietary oil provided by Nye Lubri ...

President Joseph Biden’s administration announced a series of fuel economy standards this week, a move viewed as further spurring the nation’s shi ...

With the year-end holidays around the corner and the shadow of a new wave of coronavirus infections haunting the market, base oil activity was underst ...

Canadian Pacific Railway Ltd. announced yesterday the completion of its $31 billion acquisition of Kansas City Southern, one of the largest transporte ...

Not surprisingly, the start of the holiday season had a dampening effect on base oil market activity, although several suppliers noted that orders had ...

ExxonMobil’s entry into the linear alpha olefin market has been delayed as a large expansion of the company’s Baytown, Texas, petrochemical comple ...

With producers able to place surplus availability in the export market and domestic contract business remaining at fairly steady levels, price pressur ...

Activity was expected to pick up during the week, following the Thanksgiving holiday on Nov. 25, with suppliers embarking on the last push to lower in ...

The United States produced 5.5 million barrels of base oil in September, topping the same month in 2020 by 23% and nearly matching the October 2019 to ...

Sudden bursts of activity surprised sellers in some segments of the market, ushering in what was otherwise expected to be a fairly quiet week due to t ...

Vertex Energy Inc. reported higher gross profit and increased revenues for the quarter ended Sept. 30 for its used motor oil collection and processing ...

The American Petroleum Institute last week published an updated version of API 1525A, a document setting guidelines for managing the chain of custody ...

Reports about market activity were mixed, with a number of suppliers stating that demand was stronger than expected for November – even with the app ...

Calumet Specialty Products Partners L.P. reported much improved earnings for the quarter ending Sept. 30, showing signs of emerging from COVID-19 pand ...

Despite ongoing plant maintenance programs and fairly steady demand, base oil availability in the United States has attained more comfortable levels t ...