According to the UNE-EN 16807 standard [12], the term “bio” is considered synonymous with good for the environment. Its use in lubricants is linked to its environmental properties; therefore, it is expected that all compounds called bio-lubricants will degrade in the environment. According to this standard, bio-lubricants and bio-based lubricants must fulfill a minimum requirement:

• Biological carbon (C14) content greater than or equal to 25%.
• Biodegradability of oils greater than or equal to 60% (50% for greases).
• Ecotoxicity: not classified as “dangerous for the environment”.

An important characteristic of biodegradable lubricants is the raw material used to produce them. Therefore, these materials could be classified into first, second, third, and fourth generations based on the feedstock, as shown in Figure 2 [13,14]. The first generation would include all lubricants derived from edible crops like sunflower, rapeseed, soybean, palm, palm kernel, coconut, olive, or castor [15]. These oils are characterized by a low oil production yield and encourage the deforestation and destruction of ecosystems for their cultivation [16]. In addition, the use of arable land competes with food sources, which increases the cost of the final product and is counterproductive in the current context of global food shortages. The second generation comes from non-edible materials such as Jatropha, tobacco, or cotton seeds [17]. These materials are more widely available than the previous ones, but they do still require arable lands for their growth and compete with edible crops for land as in the first case. Third-generation biolubricants derived from microalgae are emerging to solve this problem. Also, biolubricants derived from macroalgae, bacteria, and fungi can also be included in this category [16,18].

Microalgae are microorganisms capable of photosynthesis in freshwater, seawater, or wastewater and therefore do not require arable land for their cultivation. Among the requirements for the growth of these microorganisms, the presence of nutrients such as nitrogen, carbon, phosphorus, and potassium makes it possible to use them for wastewater treatment [19,20]. Compared to previous plant sources, they have additional economic and environmental advantages for their application as biolubricants: (a) high growth rate; (b) high biomass production; (c) high lipid content; (d) cultivable all-year-round; (e) higher CO₂ reduction during photosynthesis; and (f) effective removal of phosphates and nitrates in wastewater during cultivation [21,22].

Finally, a fourth generation of biomass derived from genetically modified microalgae is being considered. The possibility of manipulating microalgae through mutagenesis or genetic transformation will open the door to the production of suitable bio-oils for biolubricant formulation without the need to improve them using chemical techniques such as epoxidation or the use of additives [18,23,24].

Obtaining biomass from crops is the first step in the biolubricant production process. Depending on the type of crop, this can involve simple collection and purification processes, for example, using agricultural residues or waste cooking oil [25]. Raw materials such as macro- and microalgae require more elaborate harvesting processes, which can be physical, chemical, or biological (Figure 3). Centrifugation is the most widely used technique in the biomass-derived microalgae industry, usually complemented by drying systems such as lyophilization to efficiently remove moisture [13,22]. Figure 3 shows the bio-oil production chain including harvest, drying, pretreatment (if necessary), and extraction, and identifies the most used techniques at each stage.

Once the biomass has been obtained, it is subjected to bio-oil production techniques. For materials with simple matrices, such as vegetable oils, more rudimentary methods are used, for example, mechanical or expeller pressing [26,27]. In the case of complex matrices like microalgae, pretreatment for cell disruption is required to facilitate bio-oil extraction. The use of high-pressure homogenization or ultra-high-pressure homogenization as a pretreatment resulted in high lipid extraction yields, reaching an increase of 30% in some cases [28,29,30]. The disadvantage of these techniques is the high operating cost due to the increased working pressures (supercritical conditions). As a solution, other procedures are being studied, including ultrasound, microwave, or osmotic shock [31,32,33].

In terms of extraction techniques, organic solvents are the most implemented, which can be alone or supported by complementary pretreatments [27]. If the biomass is semi-solid or solid, solvent extraction would be carried out using a Soxhlet device [34,35]. Ionic liquids with magnetic nanoparticles were also introduced as a potential alternative in 2021 by Egesa and Plucinski [36], where an extraction efficiency of 99% was achieved with a hexane-ionic liquid mixture.

Vegetable oils are mainly composed of triglycerides: three fatty acids (FA) linked by a glycerol. Compared to the long-chain hydrocarbons of mineral oils, which have between 20 and 50 carbon atoms, FAs have shorter chains of between 4 and 26 carbon atoms [37]. They may also contain one or more double bonds and branches. Figure 4 shows the most common FA found in olive oil (mainly oleic acid).

The use of these oils as lubricants has usually been studied as additives to improve a specific property, such as viscosity modifiers. Gallardo-Hernández [38] studied the use of Jatropha oil as an additive in a mineral oil (SAE40W oil) to evaluate its lubricating and thermal properties. The improvement in the lubricity in terms of friction and the deterioration in the anti-wear properties were observed, both related to the tribosystem created by the blend. A strong influence on the thermal properties was also observed at a content of less than 20%. Later, Contreras-Gallego [37] studied the variation in density and kinematic viscosity when the above bio-oil was added at 10% and 20% in four different mineral oils (SAE 5W-30, SAE 15W-40, SAE 25W-50, and SAE 40), as well as thermal conductivity and specific heat. An improvement in thermal properties associated with the increase in Jatropha oil was demonstrated. There was also a reduction in viscosity at higher additive contents, related to the substitution of long-chain hydrocarbons (mineral base oil) by shorter bio-oil ones. Recently, the feasibility of curcumin-extracted soybean waste cooking oil as a 10%, 20%, and 30% additive in N-150 mineral oil was verified by analyzing the tribological and physicochemical properties. In contrast to the previous case, a reduction in wear volume and coefficient of friction (COF) of up to 16% and 32%, respectively, was observed compared to N-150, due to a stronger tribofilm formed by the additive. The function of curcumin as a natural antioxidant to prevent the oxidation of soybean waste cooking oil was also confirmed. Finally, the increase in viscosity index with the molecular weight was confirmed and the decrease in PP from −12 °C (N-150) to −30 °C (10% bio-oil) was attributed to the increase in blend polarity [25].

Despite the advantages offered by biolubricants based on bio-oils, it is inevitable highlight the need for improvement to provide functional storage properties, in addition to modifying psychochemical and tribological properties depending on the final applications. This led to the search for techniques capable of modifying the chemical structure of triglycerides, producing so-called modified esters, as shown in Figure 5.

As explained above, bio-oils have poor hydrolytic stability and tend to hydrolyze easily in the presence of water or steam. This leads to the breakdown of their triglycerides and the formation of the corresponding free fatty acids (FFA). This is a spontaneous secondary reaction, promoted by the increase in temperature, which must be prevented [39,40].

Transesterification reactions are the most widely used technique for ester modifications, especially in the biodiesel industry. As shown in Figure 6, it is based on the reaction between a triglyceride and an acyl acceptor (an alcohol) in the presence of a catalyst, and under temperature conditions, to produce fatty acid methyl ester (FAME) as the main product and glycerol as the secondary product. The catalyst function aims to assist the reaction and the deprotonation of the alcohol so that it can join the ester group. These can be acid, basic, or enzymatic catalysts, as well as homogeneous or heterogeneous (depending on the reaction phase) [4,13,41].

To avoid secondary reactions such as hydrolysis and thus soap formation at high FFA contents (>2–4 mg KOH/g), it is necessary to neutralize them through an esterification process using an acid catalyst, usually sulfuric acid [42]. It is also necessary to control the humidity of the bio-oil and remove any existing moisture, as this also promotes the saponification reaction.

In the last decade, a new modality called direct or in situ transesterification has attracted attention. It combines lipid extraction (bio-oil extraction) and the transesterification reaction into one process, using biomass as a reagent instead of bio-oil, which means energy and economic savings [43]. The water content is also no longer a critical parameter, as it has greater hydrolytic stability. However, it requires more severe temperature conditions and longer reaction times [13]. A notable application is the processing of microalgal biomass. A wide range of species of these organisms develop strong cell walls, which complicates the extraction process and thus requires an efficient prior cell disruption method. As mentioned above, the operating costs of lyophilization or high-pressure homogenization are high, even more so for complex matrices such as microalgae. The ability to skip the cell disruption and extraction steps is advantageous in terms of both operating cost and energy consumption. Table 1 shows the research that has used this technique for FAME (biodiesel) production in recent years, highlighting the presence of microalgae [44,45,46,47,48,49].

More recently, Encinar et al. [50,51,52,53,54] have worked on the modification of vegetable-oil-derived FA using double transesterification reactions. In the first step (Figure 7), the triglyceride is degraded to the corresponding FAME. The novelty of this process lies in the second step, in which another transesterification reaction is carried out on these FAMEs, this time using a complex alcohol as a reagent, to obtain the so-called fatty acid alkyl [54] esters (FAAEs). According to the researchers, the advantage of this refinery model is the diversity of the main products, starting with the use of bio-oil; the production of biodiesel (FAME) and biolubricants (FAAE); the economic and energy savings with the recovery of materials such as glycerol, as well as the recycling of methanol produced during the second transesterification, which can be reintroduced into the process as a reagent in the first transesterification [55]. So far, only vegetable feedstocks such as safflower, cardoon, rapeseed, soybean, or Jatropha oil have been subjected to this technique.

A significant problem with bio-oils is their poor thermal and oxidative stability due to the effect of double bonds on C-H bond strength. For this reason, the authors recommend raw materials that consist as much as possible of saturated fatty acids (SFAs) because they do not contain double bonds in their structure [20,56]. One way to neutralize these double bonds is through epoxidation reactions. These are based on the reaction of alkenes with peroxyacids to form a cyclic ether (epoxide) compound [57,58]. Epoxidized compounds have been shown to have superior frictional and anti-corrosive properties and better performance at low temperatures, providing a more economical, sustainable, and environmentally friendly alternative to mineral-based lubricants [58,59,60].

Another eco-friendly modification of FFA is the formation of estolides. These are synthetic compounds derived from the linkage of the respective triglycerides or their FFA, which use their hydroxyl groups to form the estolide bonds [59,61]. The advantages of these structures include better oxidative stability, improved PP, and higher flash point (FP). However, this modification does not resolve the hydrolytic stability problems of the compound [62].