Paraffinic Group III

Omsk to Stream Group II, III in September

Omsk to Stream Group II, III in September

September 6, 2023

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

Base Oil Report

Base Oil Report

September 6, 2023

After a rather slumberous spring and summer, activity in the base oil market has finally started to pick up.

U.S. Base Oil Output Sagged in May

U.S. Base Oil Output Sagged in May

August 2, 2023

Base oil production in the United States declined 9% in May, although the volume reached its highest in a month since la ...

Additive

Chevron Expands Group III Output in Richmond

July 26, 2023

Chevron said Sunday that it began making 4 centiStoke API Group III base stocks this month at its refinery in Richmond, ...

Base Oil Report

Base Oil Report

July 20, 2023

Gabriela Wheeler outlines the major factors that have placed downward pressure on base oil prices this year.

Base Oil Report

Base Oil Report

June 14, 2023

The summer driving season usually ushers in increased base oil activity, but market dynamics this year have deviated fro ...

Base Oil Report: Pricing

Base Oil Report: Pricing

May 26, 2023

Why has activity in the base oil market been unusually drowsy this year? Gabriela Wheeler explores the root causes.

Base Oil Report

Base Oil Report

May 1, 2023

Activity in the base oil market continues to be lethargic. Might a change be in store despite recent posted price decrea ...

Additive

China Base Oil Imports Expected to Stay Down

April 7, 2023

Base oil imports to China, which are mainly API Group III base oils and high-viscosity Group II, dropped 16% to 1.8 mill ...

Additive

Change in Pricing Pressure Seen for U.S. Base Oils

March 29, 2023

API Group III base oil prices in the United States have stayed high while values for Group I and II oils dropped steeply ...

Additive

Group I Plants Closing, Groups II and III Growing

March 24, 2023

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

Additive

Luberef Expansion Will Add 230,000 T/y

February 28, 2023

Luberef said Sunday that a previously announced expansion of its base oil plant in Yanbu’ al Bahr, Saudi Arabia, will ...

Profits Down for GS Caltex, Thai Oil in 2022

Profits Down for GS Caltex, Thai Oil in 2022

February 17, 2023

South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth qua ...

Uzbek Base Oil Plant Progresses on Revamp

Uzbek Base Oil Plant Progresses on Revamp

February 14, 2023

An upgrade of a base oil plant in Fergana, Uzbekistan, is on track for completion by the beginning of 2024, with product ...

Additive

Handi Boosts Group III Output

February 10, 2023

Handi Sunshine Petrochemical has begun commercial production of API Group III base oils at its expanded base oil plant i ...

Additive

China Base Oil Output Tanked in 2022

December 30, 2022

China will produce a quarter less base oil this year than it did in 2021, according to estimates by Longzhong Informatio ...

Gazprom Group II and III Plant Nearly Complete

Gazprom Group II and III Plant Nearly Complete

December 20, 2022

Gazpromneft-Lubricants’ new 220,000 metric tons per year API Group II and III base oil plant is almost completed, with ...

Is U.S. Base Oil Production a Global Affair?

Is U.S. Base Oil Production a Global Affair?

December 1, 2022

Base oil production in the United States continues on the path to recovery, but the import and export scene has been sli ...