- Location
Industry Views
"-
Prices Remained Firm on The NBP Wholesale Gas Trading Hub on Strong Storage Injections
May 9, 2013Warm weather saw soft demand across the UK on Tuesday but prices remained firm on the NBP wholesale gas trading hub on strong storage injections and with Norwegian field maintenance extended. At midday in London, gas for same-day delivery ...
Tags: UK GAS, Field Maintenance
-
State-owned PetroChina Has Refuted Local Reports That It Restricted Natural Gas Supplies
May 9, 2013State-owned PetroChina has refuted local reports that it restricted natural gas supplies in some areas of northern China in order to force the government's hand in raising prices and accelerating gas pricing reforms. Local media, ...
Tags: PetroChina, Gas Supplies
-
Paccor,Britton,Kobusch and Paragon Print & Packaging Will Merge with US Exopack
May 9, 2013Paccor, Britton Group, Kobusch and Paragon Print & Packaging will merge with Luxembourg-based Exopack Holdings Sarl, Paccor announced in a statement Monday. After the merger, the combined business will have 63 plants, 8,650 employees and ...
-
RINs May Be Key to The Industry's Economics
May 8, 2013Aviation biofuel's newly minted ability to generate tradable US renewables credits, known as RINs, may be key to the industry's economics, according to market watchers. "The availability of RINs is a critical bridge to commercial ...
Tags: Biojet Backers, Chemicals
-
May US Mixed Xylene Contract Price Settled at $3.94/gallon,11 Cents Higher Than April
May 8, 2013The May US mixed xylene contract price settled at $3.94/gallon ($1,193.82/mt), 11 cents ($33.33/mt) higher than April's mark, trading sources said Monday. The MX contract price had settled at $3.83/gal for April, which was 57 cents lower ...
Tags: Mixed Xylene, Chemicals
-
Saigon Petro Has Issued Its First Ever Semi-term Tender to Import up to 13,200 Mt
May 8, 2013Saigon Petro has issued its first ever semi-term tender to import up to 13,200 mt of pressurized LPG for delivery over July to December this year, an industry source said Monday. The Vietnamese state-owned company, which normally buys via ...
Tags: Saigon Petro, pressurized LPG
-
Israeli Gas Consumption Is Expected to Rise to 7.25 Billion Cubic Meters This Year Nearly
May 8, 2013Israeli gas consumption is expected to rise to 7.25 billion cubic meters this year nearly triple the level of last year, the Energy and Water Ministry said on Friday. The sharp rise in use of natural gas follows the beginning of ...
Tags: Israeli Gas, natural gas
-
Oil Futures Closed US Trading Above Friday's Settles Monday
May 8, 2013Oil futures closed US trading above Friday's settles Monday, after driving higher shortly ahead of the 2:30 p.m. EDT (1830 GMT) NYMEX market settle on geopolitical concerns arising out of the escalating conflict in Syria. NYMEX June crude ...
Tags: Oil Futures, Chemicals
-
BP Now Will Direct as Much as 75-80% of Its Capital Expenditures to Upstream Projects
May 8, 2013As a result of renewed focus and restructuring over the past few years, BP now will direct as much as 75-80% of its capital expenditures to upstream projects over the next decade, BP's chief executive of upstream said Monday. The world ...
-
Architects of Congress' Looming Tax Policy Reform Have a Lot of Choices
May 8, 2013The architects of Congress' looming tax policy reform have a lot of choices when it comes to energy tax breaks and federal subsidies, the US House of Representatives' Ways and Means Committee said Monday. "The broad proposals include ...
-
Enterprise Products Partners Will Expand Its ECHO Crude Storage Terminal in Houston
May 7, 2013Enterprise Products Partners said Thursday it will expand its ECHO crude storage terminal in Houston as part of an overall plan to increase infrastructure in Southeast Texas. The Enterprise Crude Oil Houston (ECHO) storage terminal will ...
Tags: ECHO Crude Storage, Barrels
-
Canadian Natural Resources' Production Averaged 489,157 Barrels a Day
May 7, 2013Canadian Natural Resources' production averaged 489,157 barrels a day in first-quarter 2013, up nearly 24% from 395,461 b/d in the same period a year ago on record output from both its heavy oil and oil sands assets in Alberta, the company ...
Tags: Natural Resources, oil
-
US Natural Gas Rig Count Fell to a Nearly 18-year Low Friday
May 7, 2013The US natural gas rig count fell to a nearly 18-year low Friday, as Baker Hughes reported there were 354 gas rigs for the week ending Friday, down 12 from the prior week. The last time the gas rig count was this low was June 16, 1995, ...
-
An End to a Two Week-old Strike at Chile's Largest Coal Mine Appears Close at Hand
May 7, 2013An end to a two week-old strike at Chile's largest coal mine appears close at hand after one of two unions involved agreed to return to work Thursday. In a statement Friday, Mina Invierno said the union representing maintenance workers at ...
Tags: Coal Mine Strike, Coal Mine
-
Formosa Plastics Corporation USA Has Begun an Investigation
May 7, 2013Formosa Plastics Corporation USA has begun an investigation to determine what caused Thursday's flash fire that injured 16 workers at its Point Comfort, Texas, petrochemical complex, a company spokesman said Friday. There was no time ...
Tags: Formosa, Texas, Complex Fire
