South Korea exported 13% more base oil at a 10% higher declared value in April, compared to the same month last year, posting the second highest numbe ...

In a nod to India’s growing lubricant market, Bharat Petroleum Corp. Ltd. said this week that it will construct a new finished lubricant blending pl ...

Protecting and managing margins was a common theme for several India companies announcing financial results for the quarter and fiscal year ending Mar ...

Growth of new battery electric vehicle registrations in the European Union continued rising, says ACEA

Valvoline reported double-digit gains in operating income and sales revenue for the quarter ended March 31, while Moove suffered a massive loss due to ...

The American Petroleum Institute, a trade association that sets standards for the hydrocarbons industry, published a new methodology for lubricants li ...

Base oil production by Lukoil fell 7% last year, while its finished lube output increased 2%, partly driven by its acquisition of Shell’s former bus ...

Spain in 2022 once again rerefined more than three-quarters of its collected used oil back into base stocks, according to the non-profit organization ...

Gross profit for Nigerian blender MRS Oil’s lubricants segment skyrocketed more than 20 fold in the fourth quarter, on a slight decrease in sales re ...

India’s automotive lubricant market has a new player – the country’s largest manufacturer of braking systems. Brakes India Ltd. announced its en ...

Indonesia’s lubricant demand is expected to grow to 1.32 billion liters per year by 2026, with automotive lube formulations continuing to shift from ...

First quarter operating profits for SK Enmove and GS Caltex’s base oils and lubricants division jumped 22% and 77% compared to the same period of la ...

Base oil exports from the United States declined 10% to 2.3 million barrels – dragged down by decreases in exports to Mexico, Brazil, Canada and Ind ...

The base oil market was a challenging environment for rerefiners during the first three months of 2023, according to recent stock exchange filings by ...

Two Azeri startups are preparing to build a base oil rerefinery and a lithium battery recovery center, both of which will be located at the Sumgait ch ...

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 ...

Specialty lubricant manufacturer Moresco Corp has started construction of a plant in Haining city, Zhejiang province, in Eastern China, and the plant ...

An industry association in Turkmenistan recently opened a finished lubricant factory, according to a news release by the Turkmen state news agency THP ...

Copton Tech reported that its net profit plunged 92% and that its operating income fell 20% in the fourth quarter, while full-year net profit fell 63% ...

United States base oil production declined 14% in February, compared to the same month last year, according to data released April 28 by a U.S. govern ...