Market Topics

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Weekly EMEA Base Oil Price Report

December 3, 2024

Departing from normal seasonal cycles, there are few indications of base oil refiners looking to sell off inventory prio ...

Axel Royal Back in Operation After Fire

Axel Royal Back in Operation After Fire

November 27, 2024

An investigation is ongoing into the cause of a fire at Axel Royal’s Tulsa factory last Tuesday. The blaze sent plumes ...

Japan Lube Demand Dropped in September

Japan Lube Demand Dropped in September

November 27, 2024

Japan produced 159,864 kL of finished lubricants in September, a 24% drop from the same month of 2023, according to the ...

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From the Previous Edition

November 27, 2024

Exxon Ups Spending on Recycling

Exxon Ups Spending on Recycling

November 27, 2024

Oil giant ExxonMobil will fork out U.S.$200 million on expanding recycling operations at its Beaumont and Baytown refine ...

Shell Led for Lube Sales in 2023

Shell Led for Lube Sales in 2023

November 27, 2024

Shell said last week that it remained the world’s largest finished lubricant supplier in 2023 – the 18th consecutive ...

ReGen III Secures More Funding

ReGen III Secures More Funding

November 27, 2024

Waste oil rerefiner ReGen III aims to be the world’s largest producer of regenerated API Group III base oil when the ...

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Weekly EMEA Base Oil Price Report

November 26, 2024

The headline-grabbing geopolitical events during the past few days may have implications for energy markets and, more sp ...

Denmark Refinery Undergoing Expansion

Denmark Refinery Undergoing Expansion

November 20, 2024

Madrid – Avista Green will undertake an expansion of its used lubricant rerefinery in Kalundborg, Denmark, and aims to ...

Infineum Plans India Additive Plant

Infineum Plans India Additive Plant

November 20, 2024

United Kingdom-based additive company Infineum will open an additive blending plant in India next year. The announcement ...

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Chile Mandates Lubricant Recycling

November 20, 2024

Chile recently adopted an extended responsibility law that will require lubricant suppliers to ensure that their product ...

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Less Cash for South Korea Base Oils

November 20, 2024

Base oil exports from South Korea dipped 3% last month, compared to October of 2023, but the value of those exports fell ...

Podcast 26: Defining the Arena of Value

Podcast 26: Defining the Arena of Value

November 19, 2024

Stop measuring business performance by volume sales, argues Yana Wilkinson, Kline & Co.’s energy practice lead.

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Weekly EMEA Base Oil Price Report

November 19, 2024

Base oil prices are generally weaker across all groups and in every region. API Group I values are coming under the most ...

Clean Harbors Ups Collection Fees

Clean Harbors Ups Collection Fees

November 13, 2024

Clean Harbors Inc. warned customers that it has “significantly” raised waste oil collection fees to offset depressed ...

Brazil Base Oil Output, Imports Up

Brazil Base Oil Output, Imports Up

November 13, 2024

Brazilian refiners continued making base oil at a steady pace in September, churning out 49,000 kiloliters, according to ...

PetroChina Closing Dalian Refinery

PetroChina Closing Dalian Refinery

November 13, 2024

Chinese energy company PetroChina will close its Dalian refinery by mid-2025, making it the first state-owned refinery i ...

Shell to Expand Synthetic Ester Output

Shell to Expand Synthetic Ester Output

November 13, 2024

British energy company Shell will expand production capacity of its synthetic ester fluid subsidiary Midel & Mivolt ...