EVENTS
Argus Base Oils Conference 2026 Gabriella Twining, Global Editor Base Oils, Argus Media
The close of 2025 has been a tumultuous year at the very least for the base oils and finished lubricants market. Several of the issues that have impacted the industry will still be relevant in 2026.
Vessel attacks in the Red Sea have caused shipment delays as well as shifting tradeflows between regions. Though these have subsided by year-end and shipowners’ confidence in the safety of the canal is growing, the larger mainstream owners are unwilling to risk the transit.
Increased sanctions on Russian oil products have resulted in a shift in crude and competing fuel products trade. These have had repercussions on base oils production.
Announced expansions anticipated to come online in the Mideast Gulf, Asia and the US will also increase global nameplate premium base oil supply. Shifting supply fundamentals. Policy shifts and certification challenges, as well as new applications for base oils including data centres and robotics are key developments to explore.
update Miltos Bantis, GEIR President
The European Commission has just closed the public consultation on the new Circular Economy Act – a key piece of legislation to increase the supply of high-quality recycled materials and stimulate demand for these materials that will be adopted next year.
GEIR, representing Europe’s re-refining industry, submitted a comprehensive response to make the management of used lubricating oils a flagship example of circularity. Used oils are one of the largest hazardous waste streams in Europe, yet they can be fully regenerated into high-quality products that stay in the economy instead of being lost.
In its contribution, GEIR put forward five practical and actionable proposals. First, introduce a mandatory minimum share of re-refined base oils in every lubricant
Hence the need to attend a singular meeting point for delegates to engage with industry experts and explore critical topics affecting the business.
The 2026 Argus Global Base Oils conference provides such a platform, for over 400 industry professionals, allowing you to meet all your customers and suppliers in one place and maximise the efficiency and outcome of your meetings.
Connect with 180+ companies hailing from 40+ countries including base oils producers, lubricant blenders, grease manufacturers, additive & specialty chemical companies, traders, distributors, OEMs, end-users and more for three days of networking and knowledge sharing.
Taking place this 2-4 February 2026 at the InterContinental Park Lane, hear from the leaders and companies navigating the changing industry landscape.
argusmedia.com/global-base-oils-conference
sold across the EU, starting at a realistic level. Second, prohibit the use of used oil as fuel wherever re-refining is technically feasible. Third, establish ambitious and harmonised collection targets that apply equally in all Member States. Fourth, recognise the climate benefits of regeneration by creating dedicated carbon credits for verified CO2
savings. Fifth, encourage the roll-out
of efficient extended producer responsibility schemes, building on successful models already operating in countries such as Italy and Greece.
Together, these measures would strengthen the legal waste hierarchy, guarantee stable demand for re-refined materials, boost investment in European regeneration capacity and transform a significant waste stream into a strategic resource. GEIR will continue its active dialogue with the EU institutions over the coming months to help shape a Circular Economy Act that delivers genuine material circularity.
geir-rerefining.org
LUBE MAGAZINE NO.190 DECEMBER 2025
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