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Chevron Adds Second Group II Base Oil Hub in Africa and Signs Distribution Agreement with SALUB

Chevron Adds Second Group II Base Oil Hub in Africa SALUB to provide in-region storage, logistics and technical support in Northern Africa SAN RAMON, CALIF., April 2, 2019 Chevron Products Company, a division of Chevron U.S.A Inc., announced today t ...

Article - admin - 04/12/2019 - 09:08 - 0 comments - 0 attachments

Demand for high-grade lubricant oils in the Automotive Industry Boosts Base Oil Market which is Expected to Reach $38,031 Million.

As per reports, The demand for high-grade lubricant oils in the Automotive Industry Boosts Base Oil Market Expected to Reach $38,031 Million. The base oil market was valued at $35,430 million in 2016, and is projected to reach at $38,031 million by ...

Article - staff - 04/12/2019 - 10:45 - 0 comments - 0 attachments

Global Base Oil Market to Reach Around US$ 38.5 Bn by 2026, due to high demand in Automotive Lubricants.

Base Oil Market to Reach Around US$ 38.5 Bn by 2026, due to High Demand in Automotive Lubricants. Global base oil market is highly fragmented due to the presence of innumerable small as well as large-scale companies. It was valued at US$33.2 bn in 2 ...

Article - staff - 03/04/2019 - 10:24 - 0 comments - 0 attachments

ExxonMobil starts production and ships Group II Base Oils from Rotterdam Refinery

ExxonMobil announced that it's new Rotterdam base oil plant has begun commercial production. The plant will be Europe's first large-scale Group II base oils source. The plant is producing base oils that are being distributed to storage terminals st ...

Article - admin - 02/22/2019 - 11:00 - 0 comments - 0 attachments

There is a new wave for Russian Base Oils as majors like Rosneft, Gazpromneft and Lukoil invest in Group II and III plants

Mr. Denis Varaksin, Director, Base Oil and Slack Waxes, DYM RESOURCES GmbH presented "Base Oils and Waxes Supplies Update from Russia and Eastern Europe" at the 3rd AMEA Bitumen and Base Oil Conference on February 6-7, 2019 in Dubai. While speaking ...

Article - admin - 02/27/2019 - 10:56 - 0 comments - 0 attachments

Chevron Selects Group II Base Oil Distributor in Brazil

Chevron Products Company, a division of Chevron U.S.A Inc., announced today that it has selected petroleum distribution company quantiQ, based in Santos, Brazil to distribute Chevron’s premium base oils in Brazil. quantiQ, a leader in distributi ...

Article - admin - 02/18/2019 - 11:00 - 0 comments - 0 attachments

Indian State Oil PSU'S IOC/BPCL/HPCL reduces Group I & II base oil prices by Rs 0.50 to 1.80 per liter on basic price across the board effective Jan 1 2019.

Indian State Oil PSU'S IOC/BPCL/HPCL reduces Group I & II Base Oil prices by Rs 0.50 to 1.80 per liter on basic price across the board effective Jan 1 2019. Prices were marked downward due to appreciation of Indian currency and slide in oil prices. ...

Article - staff - 01/02/2019 - 11:01 - 0 comments - 0 attachments

India's IOC Base Oil H 150 (Group II) prices up by 5% in December 2018

Indian State Oil PSU Indian Oil Corporation Ltd (IOCL) IOC Product producer current price ex Mumbai reported at USD 1143 PMT for H 150 (Group II). During the Jan 2018 prices reported at USD 1118 PMT in January and February, Thereafter continuous hiked i ...

Article - staff - 12/27/2018 - 10:38 - 0 comments - 0 attachments

India's IOC Base Oil H 500 (Group II) prices up by 5% since start of the year

Indian State Oil PSU Indian Oil Corporation Ltd (IOCL) IOC Product producer current price ex Mumbai reported at USD 1100 PMT for H 500 (Group II). During the Jan 2018 prices reported at USD 1197 PMT in January and USD 1344 PMT February, Thereafter conti ...

Article - staff - 12/20/2018 - 10:45 - 0 comments - 0 attachments

Huge quantity of Group I & II Base Oils around 55000 - 60000 MT of all the grades is scheduled to reach UAE ports at competitive prices.

Huge quantity of Group I & II Base Oils around 55000 - 60000 MT of all the grades is scheduled to reach UAE ports at competitive prices. (Base Oil, Group I, II, middle east, UAE) ...

Article - staff - 12/12/2018 - 11:28 - 0 comments - 0 attachments