The price differential between US Gulf Coast butane and international markets has eclipsed that of US propane but the US has failed to see a pick up in butane cargo liftings, according to market sources. "I guess it's a logistic ...
Fuji Oil may consider entering into alliances with other companies in the Japanese refining and petrochemical sector, where it can benefit, a senior company official with the Japanese refiner said. "We are not able to speak about anything ...
Tags: oil, Metallurgy, Mineral, Energy
It is reported that Tangshan iron and steel company, a subsidiary of Hebei iron and steel group announced that the company’s cold rolled production capacity reached to 212,400 tons and its export capacity reached to 126,000 tons, ...
Narrowing propane price spreads between the US and international markets are poised to shrink further as terminal developers, such as Enterprise Products Partners, advance plans to increase the nation's liquefied petroleum gas export ...
Learnt from SINOTRUK, its product quality and profits in the first half year are greatly increased despite of a leveling-off sales volume with the same period of last year driven by the upturn of HD truck industry and export markets. From ...
Tags: Transportation, Truck, Auto Parts
Jeff Bi, chief executive of Greatview Aseptic Packaging Manufacturing, celebrated the plant’s opening together with Shi Mindge, ambassador of the People’s Republic of China to Germany, and Reiner Haseloff, minister-president of ...
Tags: Chinese Pack Firm
US Gulf Coast propane stocks have grown 3.61 million barrels in the first three weeks of June, roughly four times the amount that was added to storage in the comparable period of 2012, Energy Information Administration data showed ...
Brazil-based mining giant Vale has reduced its coal export forecast from Mozambique by 30 percent, due to heavy rainfall affecting mining activities in Tete Province in February, according to African Press Agency. Accordingly, the company ...
Tags: Vale, Coal, Mozambique Mine
A majority of the 13 Hunter Valley coal producers using Port Waratah Coal Services' export facilities at Newcastle in eastern Australia have volunteered to cut their contracted capacity for coal shipments for the rest of this year, PWCS ...
Tags: Coal Producers, PWCS Terminals
US refiner Phillips 66 said Wednesday it plans to increase its product export capacity by 50,000 b/d to 370,000 b/d by the end of this year and to raise the volume of less expensive North American crude it processes at its US refineries. ...
Tags: Phillips 66, Export Capacity
Russia's Gazprom and Dutch company Gasunie have signed an agreement to explore the possibility of expanding the Nord Stream gas pipeline as well as setting up other gas infrastructure projects in Northwest Europe and the UK, the companies ...
Tags: gas, Metallurgy, Mineral, Energy
Australia-based miner Rio Tinto has announced that it has installed a new shiploader with a nominal 55 million mt annual capacity on the new wharf at Cape Lambert in Pilbara, Western Australia. Rio Tinto stated that the shiploader is a ...
Tags: Metallurgy, Mineral, Energy, steel
Russia is considering a Chinese request to double crude oil export capacity to China to 30 million mt/year (600,000 b/d) by building a second line alongside the Skovorodino-Mohe pipeline, an offshoot of the East Siberia-Pacific Ocean ...
Tags: crude oil export, crude oil, oil export
The Australian Competition and Consumer Commission (ACCC) has announced that it has granted authorization to Queensland coal producers Endocoal, Whitehaven Coal, Yancoal Australia, QC Resource Investments and Linc Energy to collectively ...
By John Lee. Iraq has now opened its second floating pier to export crude oil via the Gulf. Oil Minister Abdul Kareem Luaibi [Elaibi] said: “Today vessels have started to load crude from the two Single Point Moorings at the same ...
Tags: crude oil, oil, 2nd Floating Pier