Environmentalists hoping that oil production will peak in 2014 will be disappointed. New supplies will comfortably outstrip fresh demand, preventing prices from rising. Countries leading the way will include Brazil, Iraq, America and ...
Tags: oil production, Energy
US propane and propylene stocks are 31% under were they stood in 2012 on increasing exports, cold weather and changing infrastructure, Energy Information Administration data released Friday showed. The stocks fell 2.51 million barrels to ...
Savanna Energy Services Corp. ("Savanna") and Fort McKay First Nation ("Fort McKay") are pleased to announce that Fort McKay-Savanna Energy Services Limited Partnership ("Partnership") has agreed to an initial purchase of approximately ...
Tags: Savanna, Fort McKay, McKay-Savanna Energy Services Limited Partnership
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has reached binding commercial agreements to proceed with constructing approximately $2 billion in pipeline expansions (the "Phase III ...
The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, according to ...
Tags: Oil and Gas News, Exxonmobil
Global demand for gasoline will remain flat from 2014-2040, but global demand for diesel should grow by about 75% over the period to meet the needs of trucks and other commercial transportation, ExxonMobil said Thursday in its annual ...
Tags: Metallurgy, Mineral, Energy, gasoline
Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) expects to invest between $2.8 billion and $3.1 billion in 2014, a 13% decrease when compared with the previous year. The company is focusing its capital on oil projects that are anticipated to ...
The Mining Association of Canada (MAC) commends the federal government on the signing of two new Foreign Investment Promotion and Protection Agreements (FIPAs) with Tanzania and Guinea. The FIPA with Tanzania came into force earlier today, ...
Tags: Mining, Metallurgy, Mineral
Titan International Inc.'s management goals for 2014 include the possibility of four acquisitions, according to Chairman and CEO Maurice Taylor. "In the past few years, Titan International has gone from a North American farm wheel and ...
Tags: Titan, performing, due, diligence
The Saskatchewan Research Council (SRC) officially opened its new mineral processing pilot plant in Saskatoon today. The pilot plant, announced in the fall of 2012, is now fully operational and has been well-received by the mining industry, ...
Tags: Mineral, Metallurgy
In a panel discussion on fuel surcharges at the CITT's National Conference on Supply Chain & Logistics today, Lou Smyrlis, editorial director of Truck News, asked shippers, carriers, and oil industry experts to weigh in on the discussion ...
Tags: Transportation, shipping, auto
Exxon Mobil Corporation announces results for the third quarter 2013. THIRD QUARTER HIGHLIGHTS - Earnings of $7,870 million decreased $1,700 million or 18% from the third quarter of 2012. - Earnings per share (assuming dilution) were ...
Tags: Exxon Mobil, Textile
Titan International Inc. posted net income of $8.1 million on net sales of $497.5 million for the third quarter ended Sept. 30, 2013. That compares to income of $24.7 million on sales of $404.7 million for the same period last year. ...
Tags: Auto Parts
Canada will continue to welcome Chinese investment and has taken concrete steps to facilitate capital inflow to further strengthen economic interdependence with China, Canadian Governor General David Johnston said on Saturday. A ...
Tags: Chinese Investment
Japan and Canada formally cemented a bilateral pact Friday to stimulate trade and investment opportunities in oil and LNG by sharing information and creating a forum to deal with energy issues. Japan's Economy, Trade and Industry Minister ...
Tags: pipelines, regasification plants