Oil prices went up Thursday as unrest in Egypt bolstered concerns that oil supplies from Middle East may be disrupted. The Middle East accounted for 35 percent of global oil output, according to the International Energy Agency. Egypt ...
Tags: Oil, Metallurgy, Mineral, Energy
The US Energy Information Administration (EIA) forecasts that China's net oil imports will exceed those of the United States by October 2013 on a monthly basis and by 2014 on an annual basis, making China the largest importer of oil in the ...
Tags: Metallurgy, Mineral, Energy
China's net oil imports are very likely to exceed those of the US by October this year on a monthly basis and by 2014 on an annual basis, making China the largest net oil importer in the world, the US Energy Information Administration (EIA) ...
Tags: Net Oil Importer, imported oil
OPEC's share of the global oil market is set to diminish further next year as surging supplies of oil from the US and other non-OPEC producers outpaces an expected acceleration in world oil demand growth, the International Energy Agency ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Oil
Lately it seems an undue number of test cars at our track have been going through motor oil. We can remember years when we barely had to add oil to any test car between service visits. Something has changed. We think most consumers don't ...
China National Petroleum Corporation (PetroChina Group) revealed details for enlarging long-term crude oil trade between Russia and China. According to the contract, the Chinese oil producer will import Russian crude oil of 46.1 million ...
Tags: Crude Oil, PetroChina
Consumers who buy the fuel-efficient new cars that will roll out to meet tough new fuel economy standards will save thousands of dollars over the life of the vehicles, according to a new report released today by Consumer Reports. Fuel ...
The US saw its biggest ever yearly rise in oil production last year as its booming shale oil industry continues to transform the global oil market, BP said Wednesday. At the same time, global proven oil reserves continue to grow and are ...
Sulzer Pumps will supply 3 water injection pump packages and topside API 610 process pumps for installation on a new FPSO vessel that will operate in the Iracema Norte area of a pre-salt oil field off the coast of Brazil. This order ...
Tags: Sulzer Pumps, Pumps
The average run rate at "teapot" refineries in China's Shandong province dropped to 36.5% in April from 42% in March, due to slow sales of oil products, according to data from Beijing-based energy information provider JYD Commodities Hub. ...
Tags: Apr, oil products
Israeli 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
In daily life Around the turn of the 20th century, bicycles reduced crowding in inner-city tenements by allowing workers to commute from more spacious dwellings in the suburbs. They also reduced dependence on horses. Bicycles allowed ...
Tags: Social Aspects, Historical Aspects, Bicycle
China should take advantage of relatively low coal prices and import more to satisfy electricity demand in its most populous provinces, instead of relying on domestic coal, which is expensive to transport, according to a Chinese government ...
Tags: domestic coal, coal prices, coal
Israel's refined oil product demand rose by 19% in 2012 due to sharply higher consumption of gasoil and fuel oil in the country's electricity sector, the country's Energy and Water Ministry said Wednesday. The ministry's Fuel and Gas ...
Tags: Israel, refined oil product, gasoil, fuel oil
Israeli gasoil and fuel oil consumption for electricity production rose sharply in the first 11 months of the year due to a severe shortage of natural gas, Israel's Energy and Water Ministry said Thursday. Gasoil consumption by Israel ...
Tags: Israeli, gasoil, fuel oil, electricity production