Hong Kong-based Yip’s Chemical Holdings Ltd.’s lubricants business had an operating loss in 2022 on 10% lower sales revenue, falling from a strong ...

Lubricant demand in the Asia-Pacific region is expected to grow out to 2035, driven by an expanding middle class in India and Southeast Asia, official ...

Shell has decided not to build an API Group II base oil plant at its Singapore fuels and chemicals complex, according to a Reuters report Thursday. Th ...

API Group III base oil prices in the United States have stayed high while values for Group I and II oils dropped steeply from record levels in mid-202 ...

Vibra Energia’s lubricants business recorded 30% higher profit for 2022 on a 12% increase in sales revenue, while fourth quarter earnings also jumpe ...

Georgia imported 22,000 metric tons of finished lubricants in 2022, a 15% increase from 19,000 tons in 2021, according to Georgia’s Association for ...

Spain’s lubricant demand decreased 2% in 2022, remaining short of the country’s pre-pandemic level of consumption, the Spain Lubricants Associatio ...

Spain’s Ministry of Science and Innovation and the European Union, through its Next Generation fund, are financing a project to develop advanced ser ...

The base oil supply and demand landscape has changed significantly in recent years, with global capacity for API Group I base stocks decreasing signif ...

Singaporean independent lubricant blender AP Oil International Ltd. reported declines of 60% in net profit for full-year 2022 and 94% for the second h ...

Eneos joined with environmental consultancy Wastebox and IT specialists NTT Data to work out how to calculate the carbon footprint for its products, i ...

Vertex Energy reported higher gross profit and revenue from 2022 for its Heartland used motor oil collection and recycling business, which it sold Feb ...

API Group I and II base oil availability in South America increased in 2022 due to low prices in Asia-Pacific and the United States, caused by Western ...

While Petrobras and Grepar Participacoes await the conclusion of a second regulator review of Grepar’s bid to buy the Lubnor refinery in Fortaleza, ...

Vivo Energy, a major distributor of lubricants to retail and commercial customers across Africa, reported a slight decrease in earnings for its lubric ...

France’s lubricant consumption increased 2% to 42,000 tons in January, compared to the same month last year, Paris-based Professional Lubricants Cen ...

Turkey collected more waste lubricants in 2022 compared to the year before thanks to an increase in amounts gathered by Tayras, the nation’s largest ...

Yushiro Chemical posted lower operating income for the quarter ending Dec. 31, and KH Neochem’s performance materials segment had lower operating in ...

South Korea exported 29% more base oil in February, and the recorded value of those shipments jumped 36%, compared to results in the same month last y ...

Base oil exports from the United States fell 6% in 2022, while imports rose by the same amount, according to U.S. Energy Information data. In December ...