Wind energy production overtook coal and nuclear output in the United States in March.The fastest-growing wind and solar energy markets are the Netherlands, Australia, and Vietnam.New tech could he...

Crude oil prices remained largely unchanged today after the U.S. Energy Information Administration reported a modest crude oil inventory build of 700,000 barrels for the week to April 22.This compa...

Weaker demand fundamentals have dampened upside momentum for crude oil.Declining volatility and narrower intra-day trading ranges point at slowing bullish momentum for crude.Standard Chartered: loc...

OPEC’s Joint Technical Committee has revised its estimates for Q1 supply and demand. In the Committee’s estimation, the supply surplus has shrunk to 600,000 bpd, versus its previous estimate of 1 m...

Crude oil prices moved higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 3.4 million barrels for the week to March 25.This compared with a decline...

Gulf oil producers slam hypocritical attitude towards fossil fuels.The UAE and Saudi Arabia look to boost production capacity this decade.OPEC has its priorities, and it is sticking to them, even i...

Need to KnowWhile the sharp drop in lubricant demand and the extraordinary measures companies took to maintain business continuity while working through the pandemic in 2020 was one for the record ...

OPEC+ is planning to ramp up production in the coming months.Analysts are estimating that this increase in output could help stabilize oil prices.The alliance has consistently undershot its collect...

A major slowdown in transportation is one of the factors that has put the lubricants industry under stress. The European lubricant industry was not spared from the major shock to Europe’s manufactu...

The majority of U.S. states and the District of Columbia see a future for nuclear power in their respective energy policies for a transition away from fossil fuels, a survey by the Associated Press...

The effect of the Omicron variant on global oil demand has been weaker than expected a month ago, and the oil market is set to be well-supported throughout 2022 despite monetary tightening policies...

How About Another Engine Test?As you all know, I think we may overdo the engine test requirements for engine oils. I’ve long advocated for consolidating some of the current tests into one that meas...

Government scrutiny of carbon dioxide emissions made very tangible impacts recently on the business of Rianlon, a Chinese lubricant additive company. The company agreed to acquire most of the share...

Additive technology goes greenGreen additives are escaping their hamster wheel of low volumes, high costs, incremental improvements and niche lubricant applications. The driving force is the sustai...

Total has decided to permanently close a base oil plant at its refinery in Gonfreville, France, as part of a project to overhaul the Normandy complex. The plant has not produced base oil since a fi...

Market surveys can give companies a look at successes and problem areas within their industry, allowing a glimpse into the future and enabling better decisionmaking. A survey conducted by industria...

The novel coronavirus pandemic took its toll around the world, putting pressure on economies and shutting down demand for many products, including lubricants. In Russia, some lubricant marketers tr...

The global motorcycle oils market is projected to grow by a compound annual rate of 1.5% to 2% during the next four years, according to a forecast that predicts North America’s demand – due mostly ...

A better understanding of gearbox coatings will help both lube formulators and OEMs.As power density increases for various applications and smaller equipment must operate under greater loads, there...

The COVID-19 pandemic was the biggest news in any industry in 2020, but the region’s lubricant markets had plenty of other significant happenings, from a healthy list of capital projects to prepara...