An investigation is ongoing into the cause of a fire at Axel Royal’s Tulsa factory last Tuesday. The blaze sent plumes of black smoke into the air, as firefighters suppressed the flames.

Waste oil rerefiner ReGen III aims to be the world’s largest producer of regenerated API Group III base oil when the company commissions its plant in Texas. In the meantime, it recently closed a second and final tranche of a private placement share offering to raise working capital.

Japan produced 159,864 kL of finished lubricants in September, a 24% drop from the same month of 2023, according to the latest statistics from the country’s Ministry of Economy, Trade and Industry.

Oil giant ExxonMobil will fork out U.S.$200 million on expanding recycling operations at its Beaumont and Baytown refineries in Texas. The company recently announced its oil and gas production rates were the highest the’ve been in 40 years and the trajectory of fossil fuels consumption would continue upward for some years to come. It aslo announced it would partner with a rerefiner in France to collect waste oil. The recycling process converts plastics into feedstock for fuels, lubricants...

Shell said last week that it remained the world’s largest finished lubricant supplier in 2023 – the 18th consecutive year that the British company has held the industry’s pole position.