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A Major Pipeline Project That Will Transport Natural Gas From Nigeria to Europe
Feb 5, 2013A major pipeline project that will transport natural gas from Nigeria to Europe through Algeria remains on track, Nigeria's state news agency reported Friday, citing Nigerian National Petroleum Corp. The report comes amid concerns ...
Tags: pipeline project, natural gas, Nigerian National Petroleum Corp
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Premium for 50 Ppm Gasoil Barges in The Amsterdam-Rotterdam-Antwerp Region Has Fallen
Feb 5, 2013The premium for 50 ppm gasoil barges in the Amsterdam-Rotterdam-Antwerp region has fallen to its lowest level since Platts began assessing it on January 4, 2011 as German demand for heating oil remains unseasonably low. The FOB ARA 50 ...
Tags: gasoil barges, heating oil, Amsterdam-Rotterdam-Antwerp
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A New Pipeline Connecting Colonial Pipeline's System and Buckeye Pipe Line System
Feb 5, 2013A new pipeline connecting Colonial Pipeline's system and Buckeye Pipe Line system at Paulsboro, New Jersey, that will begin pumping products this month will enable refined products from the US Gulf Coast to be piped to eastern Pennsylvania ...
Tags: pipeline, Colonial Pipeline, uckeye Pipe Line, pumping products
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Shell Remains on Track to Grow Its Oil and Gas Production by Over 20%
Feb 4, 2013Shell said Thursday it remains on track to grow its oil and gas production by over 20% in the next five to six years, despite weak North American fuel prices continuing to dent the performance of its key upstream growth centre. ...
Tags: oil, gas production, fuel prices, North America
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February US Benzene Contract Price Settled 36 Cents/gal Lower at $4.80/gal
Feb 4, 2013The February US benzene contract price settled 36 cents/gal ($107.64/mt) lower at $4.80/gal ($1,435.20/mt), sources said Thursday. The last time the benzene CP settled lower was in September, when it settled at $4.20/gal, down 40 ...
Tags: benzene contract price, US, benzene
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National System Was Well Supplied with Reduced Reliance on Storage Withdrawals
Feb 4, 2013The national system was well supplied Thursday morning with reduced reliance on storage withdrawals but prompt prices on the UK's NBP gas trading hub rose as colder temperatures are expected for Friday and to push into February. At ...
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Pakistan Government Has Ratified The $1.5 Billion Iran Pipeline Project
Feb 4, 2013Pakistan government has ratified the $1.5 billion Iran pipeline project, which will bring around 750,000 Mcf/day of gas to the energy-starved country by January 2015, an official from petroleum ministry said Thursday. The federal ...
Tags: Iran, pipeline project, petroleum
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Chinese Buyers Needing Coal Promptly Would Have to Pay Higher Prices Currently
Feb 4, 2013Chinese buyers needing coal promptly would have to pay higher prices currently due to supply constraints created by weather-related disruptions in both Indonesia and Australia, sources said Thursday. "People who have been caught short ...
Tags: coal, thermal coal, Asia
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It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities
Feb 4, 2013It was assessed by SunSirs that in the tracked 100 spot commodities,30 commodities increased in prices, 13 fell and 57 remained unchanged on 31/01/2013.The largest rises were Nickel (1.57%),Silver (1.24%),Zinc (0.72%),while the largest ...
Tags: China, Spot Commodities Price, chemicals
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Four Paraxylene Asia Contract Price-based Sellers Typically Lower Their Nominations
Feb 4, 2013The four paraxylene Asia Contract Price-based sellers, ExxonMobil, Idemitsu Kosan, JX Nippon Oil and Energy and S-Oil, who typically lower their nominations to meet bid levels have not done so for the February ACP as spot prices have ...
Tags: paraxylene, ExxonMobil, Idemitsu Kosan, JX Nippon Oil, Energy and S-Oil
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Wednesday The Proportion of Ethanol Added to Gasoline Would Be Increased From 20% to 25%
Feb 1, 2013Minister for Mines and Energy Edison Lobao said Wednesday the proportion of ethanol added to gasoline would be increased from 20% to 25% on May 1. Speaking to reporters in Brasilia following a meeting with Finance Minister Guido ...
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EC Will Require All EU Biodiesel Imports From Argentina and Indonesia to Be Registered
Feb 1, 2013The European Commission said Tuesday it will require all EU biodiesel imports from Argentina and Indonesia to be registered, so that any future decision to apply import tariffs as a result of an ongoing anti-dumping case against those ...
Tags: European Commission, biodiesel imports, import tariffs
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Major China Expandable Polystyrene Producers,Xingda Group and Loyal Group
Feb 1, 2013Major China expandable polystyrene producers, Xingda Group and Loyal Group -- with a combined production capacity of nearly 3 million mt/year -- are operating their plants at reduced rates of 40%-50% this week, before the Lunar New Year ...
Tags: polystyrene, production capacity, China
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AkzoNobel and ACS Announced The Inaugural Akzonobel North America Science Award
Feb 1, 2013AkzoNobel and the American Chemical Society (ACS) announced Carnegie Mellon University Professor Krzysztof (Kris) Matyjaszewski, Ph.D. as the winner of the inaugural AkzoNobel North America Science Award for his cutting-edge polymer ...
Tags: AkzoNobel, ACS, Kris, cutting-edge polymer chemistry research
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Caustic Soda Plant Operated by QVC Will Restart in The First Week of February
Feb 1, 2013A caustic soda plant operated by Qatar Vinyl Company (QVC) which has been taken off-stream, will restart in the first week of February. “The plant was taken off-stream for a maintenance turnaround on January 15 and is expected to ...
Tags: Vinyl Caustic Soda Plant, caustic soda plant, Qatar Vinyl Company
