High base oil prices and sterling volume sales didn’t translate into profitability for Saudi Aramco Base Oil Co., kn ...
HydroGraph Clean Power Inc. announced today it will collaborate with Gulf Cryo LLC to produce, distribute and sell of Hy ...
The board of directors of Apar Industries Ltd. approved establishment of a wholly owned subsidiary in Saudi Arabia to pr ...
China base oil imports fell 2% in 2023 – a slowdown in the country’s decreasing reliance on foreign oils. China has ...
Russian base oil exports by sea dropped by 10% in 2023 to 260,000 metric tons, as the European Union imposed an embargo ...
Luberef reported a 24% drop in net profit for full-year 2023 as the effects of decreased crack margins more than offset ...
BP reported that profit for its Castrol lubricants business rose 23% because of higher margins, and Luberef reported a 2 ...
Lubricant consumption in Africa is forecast to grow at a compound annual rate of 2.4% over the next five years, an offic ...
Hindustan Petroleum Corp. Ltd. reported a 15% bump in lubricant sales for the fiscal year ended March 31, boosted by a 2 ...
Europe’s finished automotive and lubricant demand is forecast to decrease at a compound annual rate of 0.1% to 2032, h ...
Fuchs SE reported a 10% increase in net profit on 7% greater sales revenue for the second quarter, citing continued impa ...
European grease production declined slightly in 2022, dipping less than a third of one percent compared to the prior yea ...
Luberef has contracted to increase the amount of feedstock supplied to its base oil plant in Yanbu’al Bahr, Saudi Arab ...
Citing higher costs, BP reported that profits for its Castrol Lubricants business fell 37% in the first quarter, while L ...
Luberef said Sunday that a previously announced expansion of its base oil plant in Yanbu’ al Bahr, Saudi Arabia, will ...
Saudi Aramco announced Jan. 18 that Houston-based Aramco Trading Americas LLC will be the sole supplier and “offtaker ...
Saudi Arabian lubricants blender Petromin plans to raise up to $1 billion via an initial public offering, Bloomberg repo ...
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