The top executive of one of the world's biggest mining drilling companies said he believes the industry has bottomed out, but that he doesn't expect a return to peak cycle levels soon. Moreover, there has been "a fundamental shift in what ...
Tags: mining drilling, Metallurgy
The global LNG market is expected to see a peak in supply tightness in 2014, rising Asian demand will likely match the average 0.9 Bcf/day additional liquefaction capacity expected to come onto the market in the year, Barclays Research said ...
The Penske Automotive Group, Inc. has signed an agreement to acquire the Commercial Vehicles Group from Transpacific Industries Group Ltd. for a purchase price of $219 million. The completion of the transaction is subject to normal closing ...
Tags: Australian Truck
The Asian naphtha industry gathered Thursday for the start of the 22nd CFR Far East Open Specification Naphtha Meeting to debate among other things a recommendation that seeks to widen the scope of naphtha cargo origins for inclusion in an ...
Tags: Chemicals, Metallurgy, Mineral, Energy
In the ice-cold cargo hold of a pirate tuna vessel in the Pacific, I have somehow lost my shoe. Frozen tuna fins slice my unshod foot as I fumble around on all fours, reaching into the gigantic, frigid pile. I had boarded the pirate ...
Tags: Agriculture, Food, fish
In many cultures the head is viewed as the most important part of the body, and is therefore to be protected and respected. Its significance derives from the belief, held in many parts of the world, that the head is where the soul or spirit ...
Tags: Feather Headdresses, Headdresses
Cargotec Corporation announces China Navigation orders MacGregor electric cranes and hatch covers for four new vessels Monday, Jul 08, 2013 China Navigation Company's (CNCo) four new 'Chief Class' 22,000dwt multi-purpose vessels ordered ...
Tags: Cargotec Corporation, Navigation
Japan's Sojitz Corp. and the government of Papua New Guinea have signed a memorandum of understanding for a feasibility study on a gas chemical project in Papua New Guinea using locally sourced natural gas as feedstock, the company ...
When Interoil Corporation began to build a new staff housing village at their refinery complex outside of Port Moresby in Papua New Guinea, they knew that street light was going to be a challenge. Not only was the local electricity grid ...
Tags: Solar Street Lighting, Interoil
Chapman Freeborn Airchartering (CF) has signed a contract with Safair to place and operationally manage an L382 Hercules aircraft in Australia. Claimed to be the only rear-loading freighter of its kind in the country, the aircraft will be ...
Tags: Hercules, Australia, Commercial Charter
Horizon Oil has agreed to sell 40% of its assets in Papua New Guinea, which it hopes will underpin a mid-scale LNG project, to Japanese utility Osaka Gas for $204 million, the Australia-listed company said Thursday. The purchase price ...
Tags: Australia's Horizon, Osaka Gas
Coca-Cola Amatil (CCA) has received $1.3m in Australian government funding as part of the Clean Technology Food and Foundries Investment program. The funds will be used to install PET bottle self-manufacture or 'blow-fill' technology. The ...
ExxonMobil's Papua New Guinea LNG plant is on schedule to start up and ship its first LNG in 2014, Peter Botten, Managing Director of minority project shareholder Oil Search, said at a conference Thursday. The 6.9 million mt/year, ...
Tags: ExxonMobil, Oil Search, natural gas
NICKEL is on track to end 2012 as the worst performing base metal and 2013 doesn't look much better. In fact, the only hope for existing nickel producers is that some of the emerging operations strike technical problems in their ...
Tags: Nickel needs project, Nickel needs, Nickel, base metal, nickel pig iron
India is already building a rare-earth mineral processing plant in the east coast state of Orissa and will invest $135 million in a new exploration ship and the refurbishing of another vessel to mine minerals under its oceans. Only last ...
Tags: Asia, Copper, Equipment News, Gold, India, Rare Earth, Suppliers News