U.S.A.

Martin Midstream Posts Big Income Jump

Martin Midstream Posts Big Income Jump

March 20, 2024

Martin Midstream Partners reported a hefty increase in operating income on lower sales revenue for its specialty product ...

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Kodiak Acquires Aztech Lubricants

March 20, 2024

Process fluid provider Kodiak acquired Wayne, Oklahoma-based Aztech Lubricants, a specialist in wire drawing and wire lu ...

Lubrizol Earnings About Flat in 2023

Lubrizol Earnings About Flat in 2023

March 13, 2024

Lubrizol’s pre-tax earnings for 2023 were relatively unchanged from 2022, although Berkshire Hathaway noted that they ...

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Cerilon to Use Chevron Technology

March 13, 2024

Gas-to-liquids startup Cerilon said today that it has agreed to license Chevron processing technology for its base oil a ...

U.S. Base Oil Output Fell in 2023

U.S. Base Oil Output Fell in 2023

March 6, 2024

Base oil production in the United States decreased 6% in 2023, while production in December experienced a 7% uptick in v ...

Calumet Cuts Loss; Perimeter Profit Falls

Calumet Cuts Loss; Perimeter Profit Falls

February 28, 2024

Calumet Specialty Products Partners L.P. reported a rebound in net income for the full year 2023, although the fourth qu ...

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U.S. Sanctions Russian Lube Companies

February 27, 2024

The United States last week announced a sweeping new round of sanctions against Russia, covering a large number of compa ...

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EPA May Slow Emissions Clampdown

February 21, 2024

After pushback from automakers and unions, the United States Environmental Protection Agency may propose slowing the pac ...

Valvoline Posts Big Jump in Earnings

Valvoline Posts Big Jump in Earnings

February 14, 2024

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended De ...

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Blue Tide Completes First Phase of Project

February 14, 2024

Blue Tide Environmental announced today completion of the first phase of its base oils rerefinery in Baytown, Texas – ...

November Bump for U.S. Base Oil Exports

November Bump for U.S. Base Oil Exports

February 7, 2024

The United States exported 74% more in November than the same month last year and also imported 36% more base oil, accor ...

Afton Profit Down for Quarter, Up for 2023

Afton Profit Down for Quarter, Up for 2023

February 7, 2024

Afton Chemical suffered drops in sales and operating profit for the fourth quarter plus a dip in sales for the full year ...

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Lubrizol Inks Licensing Deal with BASF

January 31, 2024

BASF and Lubrizol struck a deal last week for the latter to produce and distribute several products from two lines of in ...

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U.S. Base Oil Output Slipped in November

January 31, 2024

United States base oil production declined 8% in November, compared to the same month last year. November’s output tot ...

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Kano Acquires Food Grade Lubes Firm

January 24, 2024

Kano Laboratories, which manufactures penetrating oils, announced on Monday the acquisition of Synco Chemical Corp. and ...

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Russia Sanctions Ramp-up Includes Turbine Oils

January 23, 2024

The United States last month gave regulators new authority to target domestic and international institutions involved in ...

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Auto Sales Jumped by Double Digits in 2023

January 17, 2024

Full-year new-vehicle sales in the United States were forecast to increase 12% in 2023, reaching 15.5 million units, acc ...

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Ohio Shuns California Emissions Regulations

January 17, 2024

Ohio Governor Mike DeWine signed a bill into law last month that, effective March 28, prohibits a state agency from adop ...