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Industry Views
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US Oil,Natural Gas and Coal Industries Are Bracing for The Release of New Standards
Apr 1, 2013US oil, natural gas and coal industries are bracing for the release of new standards that could derail, postpone or at least create new legal hurdles for some of the country's largest planned energy projects, including interstate pipelines, ...
Tags: Chemicals, Metallurgy, Mineral, Energy, oil
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Titan Plans to Construct a Naphtha Cracker Complex Near Its Industrial Plant
Apr 1, 2013Aiming to expand presence in the petrochemical space, Indonesia’s biggest polyethylene producer, PT Titan Kimia Nusantara Tbk plans to construct a naphtha cracker complex near its industrial plant in Merak, Banten. Johanes Bambang ...
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Finding Right Bulk Chemicals Suppliers
Mar 29, 2013With the availability of the right bulk chemicals suppliers it is possible for you to produce the superior quality products. Raw materials and ingredients play a major role when you want to manufacture products and services for your ...
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Chinese Buying Interest Was Mostly Concentrated on Cargoes of Lower CV Thermal Coal
Mar 29, 2013Chinese buying interest was mostly concentrated on cargoes of lower calorific value thermal coal from Indonesia Wednesday, as traders expressed fears that another decline in domestic thermal coal prices was not far away and could have a ...
Tags: Asia Thermal Coal, CV Coal, Chemicals
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Russia's Gas Giant Gazprom Expects to Reach an Agreement on The Price of Gas
Mar 29, 2013Russia's gas giant Gazprom expects to reach an agreement on the price of gas to be supplied to China via the eastern route in June, and sign a deal by the end of this year, Gazprom chairman Viktor Zubkov said in the full version of a TV ...
Tags: Gas Price, Eastern Route, Chemicals
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Distillate Futures Closed US Trading Sharply Higher Wednesday
Mar 28, 2013Distillate futures closed US trading sharply higher Wednesday, holding onto boosts seen in the wake of an unexpectedly bullish inventory report released in the morning by the Energy Information Administration. NYMEX April heating oil ...
Tags: NYMEX, Oil Futures, Distillate Markets
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Demand for Coaster Butane in Northwest Europe Has Emerged as Spot Prices Have Fallen
Mar 28, 2013Demand for coaster butane in Northwest Europe has emerged as spot prices have fallen, according to industry sources Wednesday. In the winter period most surplus refinery butane is blended into gasoline to increase the vapor pressure. ...
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Hardline,Pro-drilling Arguments Be Hindering The Chances of Bipartisan Support for US E&P
Mar 27, 2013US Representative Kevin Cramer, a Republican and North Dakota's lone House member, believes that hardline, pro-drilling arguments from his own party may be hindering the chances of bipartisan support for increasing oil and gas production on ...
Tags: Drilling Rhetoric Hinders, Chemicals, Cramer
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NYMEX Gas Futures Contract Reached Seven Consecutive Record High Open Interest Levels
Mar 27, 2013The NYMEX natural gas futures contract reached seven consecutive record high open interest levels during the period from March 15 to March 25, Chicago-based CME Group said Tuesday. The first record at 1,316,945 contracts posted on March ...
Tags: NYMEX, Gas Contract, Chemicals
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SouthGobi Resources Produced a Total 1.34 Million Mt of Unwashed Thermal and Coking Coal
Mar 27, 2013Mongolian coking coal miner SouthGobi Resources produced a total 1.34 million mt of unwashed thermal and coking coal in 2012, down 70.7% year on year compared with 4.57 million mt in 2011. Of the total, semi-soft coking coal output in ...
Tags: Coal Output, Mining Suspension, Mongolian
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An Initial NWE Contract for April-delivered Butadiene Was Fully Settled Tuesday
Mar 27, 2013An initial NWE contract for April-delivered butadiene was fully settled Tuesday at Eur1,415/mt FD NWE ($1,821/mt FD), following confirmation from four producers and two consumers involved in the negotiations. A spokesman for SABIC Europe ...
Tags: NWE, LyondellBasell, Chemicals
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Malaysia Plans to Introduce a Second Edition of Strategies in The Next Few Months
Mar 27, 2013Malaysia plans to introduce a second edition of strategies in the next few months to ensure growth of both the upstream and downstream sectors of the domestic natural rubber industry, local news reports said Monday. Under the country's ...
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UK Gas Prices Remained High Tuesday Morning About 30% Higher Than They Began
Mar 27, 2013UK gas prices remained high Tuesday morning -- about 30% higher than where they began the month -- with a freezing spring drawing hard on gas supplies but an LNG delivery provided some relief, one gas broker said. The day-ahead contract ...
Tags: UK gas prices, LNG, Chemicals
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Saudi Arabian Customs Officials Have Foiled an Attempt to Smuggle 3.255 Million Kg
Mar 27, 2013Saudi Arabian customs officials have foiled an attempt to smuggle 3.255 million kg (equivalent to 27,300 barrels) of refined oil products out of the eastern port of Dammam, capital of the kingdom's oil-rich Eastern Province, the official ...
Tags: Saudi Arabia, Foils, Oil Products
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Technical Issues Lead to KP Chemical Shuts Down Pet Line
Mar 27, 2013A PET line at a plant operated by South Korea-based KP Chemical is currently off-stream. “Line no-2 of the PET plant located in Ulsan has been shutdown due to technical reasons and is under maintenance since March 7, ...
Tags: KP Chemical, PET line, fibre
