The chances of the Strait of Hormuz reopening soon are becoming slimmer, as negotiations between the United States and I...

Ukrainian long-range drones struck Gazprom Neft’s Omsk refinery on Monday, disrupting production at Russia’s...

Russia’s war against Ukraine and resultant sanctions have buffeted the former’s base oil and lubes industries.

Ukrainian drones struck Rosneft’s Novokuybyshevsk oil refinery on the night of Oct. 18–19, according to a statement ...

Huntsman closed its maleic anhydride facility in Germany, prompted by losses and deteriorating market conditions.

Turkmenistan’s only base oil plant has been running at less than half of its 150,000 metric tons per year capacity due...

Shell last week announced plans to convert a fuels refinery in Wesseling, Germany, to produce API Group III base oils. T...

After being hammered by Western sanctions in 2022, Russian base oil exports have continued to fall this year as sanction...

Gazprom Neft’s new 220,000 metric tons per year Group II and III base oil production in Omsk is scheduled to start str...

Russian base oil exports decreased more than 30% in 2022 as the European Union imposed an embargo on imports of Russian ...