This study proposes a novel sealing grease with improved mechanical properties and environmental performance. A series of sealing grease samples were made with different base oils, including mineral oil and renewable oil (vegetable oil and lard). In this study, thermogravimetric analysis (TGA) was conducted to study the adsorption capacity of the thickener to the base oil. The fluidity of the sealing grease was also tested at different temperatures. Furthermore, an exponential function was proposed for the flow rate of the sealing grease and the temperature. Moreover, a cone penetration test was conducted to study the consistency of the sealing grease. The results indicated that the capacity of the thickener to adsorb vegetable oil was greater than that of mineral oil, but less than that of lard. Additionally, the flow rate of the sealing grease increased with an increase in temperature. At a fixed temperature, the flow rate of the sealing grease increased with the base oil content. According to the exponential function, the composition of the base oil is the key factor that determines the temperature sensitivity of the sealing grease. In addition, the sealing grease made of vegetable oil has the minimum temperature sensitivity coefficient.