Terms and Conditions

  1. Introduction
  2. Welcome to the baseoilnews.com platform (the “Platform”) owned by Specialties Media LLP. Please read the following terms and conditions of Service (“Terms and Conditions”) carefully before using the Platform to ensure that you (hereinafter, “User”, “you” or “your”) are aware of your legal rights and obligations with respect to using or subscribing to the services available on the Platform provided by Specialties Media LLP (the “Company”). By using the Platform, you hereinafter give your irrevocable acceptance of and consent to the following Terms and Conditions below and/or Policies referred herein and/or linked hereto.

  3. Description of Services
  4. The description, specifications and price of the Company’s subscription services and content providing services, which include, but are not limited to providing international information, news, materials and analysis of the base oils and lubricants markets, shall be determined and circumscribed by the details contained in the listings on the Platform (the “Services”). For the avoidance of doubt, as of the date of these Terms and Conditions, the Services shall be provided at no cost, but the Company reserves the right, in its sole and absolute discretion, to introduce paid subscription services in the future.

    2.1 Prices and/or subscription fees may be accurate at the time of publication but are not guaranteed until the time of purchase and acceptance. The subscription fees and any other charges payable by you arising out of your subscription to the Services shall be in accordance with the rates in effect at the time of your subscription, save for when written notice is provided by the Company to you, notifying you of changes to prices and/or subscription fees which shall apply to any such subscription prospectively.

    2.2 Prices of the Services listed on the website are subject to change without notice.

    2.3 The Company reserves the right to refuse to provide, or cease to provide the Services to any person for any reason, without prior notice to you.

  5. Payment Terms
  6. The Company uses the services of third-party payment service providers to process your payment of any and all applicable charges you agree to on the Platform. You agree that you are subject to the applicable user agreement or terms of use of your payment method (such as Visa, Mastercard etc.). You may not claim against the Company or any of its agents and affiliates, for any and all disruptions, failure, additional charges or malfunctions of your chosen payment method. The Company reserves the right to modify or discontinue any method of payment without notice.

    3.1 Upon successful receipt of payment by the Company through your designated payment method (the sum of payment being the same as the fees listed for the Services purchased through the Platform).

    3.2 Should your account have a history of multiple cancellations, the Company reserves its right to reject any new orders from you in its sole and absolute discretion.

    3.3 Changes to pricing or Service specifications that are reflected on the Platform shall by default, not retrospectively apply to purchase orders placed prior to any such change on the Platform listing. In the event that any such change, modifications or additions to the Service specifications on the Platform affect the delivery or scope of the Services provided to you, the Company shall send you a notice in writing, stipulating the relevant changes, modifications or additions

    3.4 The Company does not offer and shall not be liable for any refunds for the Services. The Company reserves the right to issue refunds or credits in its sole and absolute discretion.

    3.5 The Company reserves the right to adjust the price of the Services, or any part thereof in any manner and at any time as it may determine in its sole and absolute discretion.

  7. Platform and Website Information
  8. While the Company will do its utmost to ensure that all information on the Services and the Platform are as accurate as possible, The Company does not warrant that information or descriptions of the Services and content on the Platform is free of all errors, complete or current. Occasionally, there may be information on the Platform or the Company’s website that contains typographical errors, inaccuracies or omissions that relate to Service information, promotions, price, delivery time or offers. The Company reserves the right to correct or amend any such errors, inaccuracies or omissions at any time without prior notice to you.

  9. No Liability for Representation

  10. The Company excludes all liability for any representation made by the Company or on the Company’s behalf to you or any party acting on your behalf in relation to:

    5.1 The correspondence of the Services with any description;

    5.2 The quality of the Services; and

    5.3 The fitness of the Services for any purpose whatsoever.

  11. Indemnity
  12. You shall defend, indemnify and hold harmless the Company, its affiliates, subsidiaries, related companies, licensors and partners, and each of their respective directors, employees, officers, agents, contractors, suppliers and representatives from all claims, costs, damages, expenses, losses and liabilities liabilities, including reasonable attorneys' fees, that arise from or relate to your (or any third-party using your account or identity) use or misuse of, or access to, the Services, or your violation of these Terms and Conditions or of any law, or infringement of any intellectual property or other right of any person or entity.

  13. Personal Data Protection
  14. You consent to the Company’s collection, use and disclosure of your personal data in accordance with the Personal Data Protection Act 2012 or similar statute, as obtained by the Company for the purposes, and in accordance with the clauses set out in the Company’s Privacy Policy.

  15. Liability where Limitation is Unenforceable
  16. Where any court or arbitrator determines that any part of this Agreement is, for whatever reason, unenforceable, the Company will accept liability for all loss and damage suffered by you but in an amount not exceeding the price paid by you for the Services.

  17. Intellectual Property
  18. In the course of providing the Services, the information provided by the Company may contain valuable trademarks, service marks, logos, designs, copyrights and other proprietary materials owned, registered and/or used by the Company (“Company IP”). The User acknowledges and agrees that the Company is the exclusive owner of the Company IP and that any unauthorized use of the Company IP is strictly prohibited. The intellectual property, content and proprietary materials belonging to the Company are for the sole benefit of the User and the same shall not be redistributed or re-sold by you to any third-party. In the event that the User publishes the Company IP on a physical or electronic media or on any other platform, the User shall quote any such Company IP or information as quoted from baseoilnews.com with a link to the specific webpage under which information is being quoted. Nothing in these Terms and Conditions or within the Services provided by the Company to the User shall be construed as granting or assigning, by implication or otherwise, any right license or title of any Company IP and/or intellectual property vested in third-party service providers to the User.

  19. Representations and Warranties
  20. 10.1 The User acknowledges and agrees that information provided to Users by the Company through the Services are provided solely for information purposes only, and are not advisory in nature. The information and/or materials provided through the Services have not been prepared by taking into account specific objectives, situations or the needs of any User and the User bears full responsibility for any adverse consequence arising out of or in connection with the use of any and all such information.

    10.2 The Services and all of the information and content provided herein in delivering the Services are provided on an “as is”, “as available” basis and without warranty of any kind, express or implied, including, but not limited to, the implied warranties of title, non-infringement, merchantability, fitness for specific use, accuracy, availability, or that the Services are free of errors. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the Service will meet your requirements, achieve any intended results, be compatible or work with any other software, applications, systems or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.

    10.3 Without limiting the foregoing, neither the Company nor any of the company's third-party service providers makes any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of the Company are free of viruses, scripts, trojan horses, worms, malware, or other harmful components

    10.4 Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to you. But in such a case the exclusions and limitations set forth in this section shall be applied to the greatest extent enforceable under applicable law.

    10.5 The Platform may contain links to third-party web sites or services that are not owned or controlled by the Company. The Company has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third-party web sites or services. You further acknowledge and agree that the Company shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, products or services available on or through any such web sites or services.

  21. Entire Agreement
  22. These Terms and Conditions constitute the entire agreement between you and the Company and there are no other representations, understandings or agreements which are not fully expressed in these Terms and Conditions. These Terms and Conditions further supersede any previous agreements or understanding between the parties. In entering into these Terms and Conditions, the parties have not relied on any statement, warranty, representation, undertaking, promise or assurance of any person other than as expressly set out in these Terms and Conditions.

  23. No Waiver
  24. No waiver of a breach of the terms of these Terms and Conditions shall be effective unless made in writing and signed by the party granting the waiver, and no such waiver shall be deemed a waiver of any other existing or subsequent breach. A failure by you or the Company to exercise or enforce any rights conferred upon it by these Terms and Conditions shall not be deemed to be a waiver of any such rights or operate so as to bar the exercise or enforcement thereof at any subsequent time. You are not entitled to rely on a delay in the exercise or non-exercise of a right arising from a breach of these Terms and Conditions or on a default under these Terms and Conditions as constituting a waiver of that right.

  25. Severability
  26. Should any of the provisions under these Terms and Conditions be held illegal or unenforceable, whether in whole or in part, under any enactment or rule of law, such term or part shall to that extent be deemed not to form any part of these Terms and Conditions, but the validity and enforceability of the rest of the Terms and Conditions shall not be affected.

  27. Assignment
  28. You may not assign, sublicense or transfer any rights granted to you hereunder or subcontract any of your obligations.

  29. Force Majeure
  30. In the event that you or the Company shall be rendered unable to carry out the whole or any part of its obligations under these Terms and Conditions for any reason beyond the control of that party, including but not limited to, acts of God, force majeure, strikes, war, riot, pandemic, epidemic, health hazards and any other causes of such nature, the performance of the obligations under this Agreement of that party or all Parties as the case may be and to the extent that they are affected by such causes shall be excused during the continuance of any such cause, but such inability to carry out the whole or any part of its obligations under this agreement shall as far as possible be remedied with all reasonable dispatch.

  31. Notices
  32. Any and all notices required to be given under these Terms and Conditions by you or the Company shall be in writing and shall be sent by courier, by prepaid registered post or email. Any notice shall be deemed to be effectively given at the expiration of seventy-two (72) hours after by courier or by prepaid registered post whether or not received, or twenty-four (24) hours after dispatch to the correct email address if sent by email.

  33. Variations and Updates
  34. The Company may modify these Terms and Conditions at any time by posting the revised Terms and Conditions on the Platform. Your continued use of this Platform after such changes have been posted shall constitute your acceptance of such revised Terms and Conditions.

  35. Disputes – Mediation
  36. Any dispute arising out of or in connection with these Terms and Conditions shall be submitted for mediation. Parties shall submit a request to the Singapore Mediation Centre or other equivalent mediation institution to mediate within forty-five (45) days of the dispute arising. Unless otherwise agreed by the Parties, the mediator will be appointed by the mediation institution. The mediation will take place in Singapore in the English language and you agree to be bound by any settlement agreement reached. Should Parties fail to reach a settlement through mediation, then the Parties may proceed to resolve the dispute in any other manner provided for in this Agreement. For the avoidance of doubt, the Parties shall be deemed to have failed to reach a settlement if either party serves a written notice terminating the mediation.

  37. Governing Law and Jurisdiction
  38. These Terms and Conditions shall be governed by and construed in accordance with the laws of Singapore and any dispute arising out of or in connection with this Terms, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration administered by the Law Society of Singapore Arbitration Scheme in accordance with the LawSoc Arbitration Rules for the time being in force, which rules are deemed to be incorporated by reference in this clause. The seat of the arbitration shall be Singapore. The Tribunal shall consist of one (1) arbitrator. The arbitration proceedings shall be conducted in English.

  39. Changes to Terms and Conditions
  40. The Company reserves the right, at its sole and absolute discretion to modify or replace these Terms and Conditions at any time. If a revision is material, the Company will make reasonable efforts to provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at the Company’s sole and absolute discretion.

    By continuing to access or use our Services after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, in whole or in part, please stop using the Platform and the Service.

  41. Feedback
  42. The Company welcomes feedback from our Users which will enable the Company to improve the quality of our Services. Please refer to our feedback procedure below for further information:

    21.1 All relevant feedback should be sent by email to editorial@baseoilnews.com;

    21.3 The Company reserves its right to not entertain vague, defamatory or vexatious feedback in its sole and absolute discretion.