Vertex Energy Inc., a renewable fuels and environmental services company, filed for bankruptcy last week after its attempt to break into the renewable ...

Hurricane Helene pummeled Florida and other Southeastern states late last week, with strong winds and torrential rains causing devastating floods and ...

Lubrizol’s Keith Corkwell explains how forging meaningful partnerships across the value chain and leveraging new technology will be necessary for th ...

Two API Group I producers joined the growing band of suppliers who have cut posted prices since the beginning of the month. No Group I suppliers had a ...

American lubricant distributor Stanley Oil & Lubricants filed for Chapter 11 protection after a prolonged dispute over trademark infringement with ...

RelaDyne acquired Oil Flush, an industrial lubrication service provider based in Chihuahua, Mexico. The acquisition further expands RelaDyne’s prese ...

Base oil production in the United States rose 12% in June, year on year, as this year’s output continued to run ahead of 2023.

More base oil producers announced base oil price decreases during the week. Among paraffinic producers, SK Enmove informed customers of a further post ...

Participants were keeping an eye on a tropical depression developing in the Gulf of Mexico. The National Hurricane Center anticipated the storm to bec ...

Motiva stepped out with a posted price decrease late last week, which was quickly followed by a number of similar initiatives from other suppliers. Ex ...

Reports that suppliers granted substantial temporary voluntary allowances or adjustments (TVAs) circulated this week. There was speculation that the a ...

A large part of the base oils market has slipped into summer slumber mode, although a few suppliers reported a small pickup in orders, likely as parti ...

Base oil production in the United States was about flat in May, compared to the same month of 2023. Meanwhile base oil imports dropped to one of the l ...

After 145 years in California, the second-biggest U.S. oil company, Chevron, is moving to Texas, the traditional home of America’s oil industry.

While base oil demand has slowed down, as most participants seemed comfortable with the inventories they have built and were holding enough product to ...

The base oils market has slipped into a summer slumber, with activity in downstream markets slowing and base oil orders consequently weakening. Even s ...

Inventory-building efforts during hurricane season, steady demand from some downstream segments, recent plant outages and ongoing export business have ...

Following Hurricane Beryl, which made landfall on the United States Gulf Coast earlier this month, many participants have increased inventory building ...

Operators shutdown a sewage plant in Castlegar, a town in British Columbia, Canada, after illegally dumped engine oil in the sewer contaminated the tr ...

Damage caused by Hurricane Beryl was less severe than expected, although there were numerous fatalities and many homes and businesses were without pow ...