Calumet announced last Monday the launch of CALPAR 4GIII, the Company's first API Group III synthetic base oil. Calumet Shreveport is the only U.S. base oil refinery with Group I, II, and III production. Calumet also produces Group V (naphthenic) base oil.

ExxonMobil is launching a dedicated range of high performance engine lubricants for the European light commercial vehicle (LCV) sector. The product range features the Mobil Delvac City Logistics 5W-30 (P, V, F, M) and Mobil Delvac Light Commercial Vehicle E 10W-40 engine lubricants.

BP last Tuesday reported an underlying Replacement Cost profit for the first quarter of $1,510 million, compared with $532 million for the same period in 2016. Shell last Thursday reported that first quarter 2017 earnings on a current cost of supply basis rose to $3.75 billion from $1.55 billion in the same period last year.

Calumet Specialty Products Partners last Thursday reported a net loss of $6.2 million for the first quarter ended March 31, 2017 compared with a net loss of $67.7 million in the first quarter 2016, and an adjusted EBITDA of $78.7 million for the first quarter compared with an adjusted EBITDA of $6.6 million the previous year.

• PBF Increases Posted Prices on All Base Oils: VP 100 – VP 850M by 20 CPG, VP 150BS by 15 CPG, and Blended Base Oils by 20 CPG, Effective May 4
• Bel-Ray Marine Products Selected as Factory Fill and Recommended Lubricant for All New Manitou Pontoon Boats
• Chevron to Produce Yamaha Genuine Oil Under ‘Yamalube’ Brand for Sri Lankan Market
• HollyFrontier Reports 1Q Net Loss of $45.5 Million Compared to Net Income of $21.3 Million for 1Q 2016
• Quaker Chemical Reports Net Sales Increase of 9% to $194.9 Million in 1Q 2017
• Clean Harbors 1Q Revenues Increase 8% to $688.9 Million; Income from Operations Increase to $5.4 Million Compared With a Loss of $4.1 Million in 1Q 2016
• Bhaskar Mukherjee, Chevron Oronite, to Present "The Lubricant Additives Market in the Middle Eat – New Trends and Technologies” at Base Oil Lubes Middle East 2017