China's total available crude supply significantly exceeded refinery throughput in December, suggesting 915,000 b/d of crude oil was added to storage during the month, although the total stockbuild during 2014 averaged just over 300,000 ...
Oil industry could ride out a further price slump to $25 a barrel since there is no sign within OPEC toward action to support oil prices. It shows that despite lobbying by Iran and Venezuela, there is little chance of collective action by ...
Tags: Oil industry, crude oil
Highland Single Malt Scotch Whisky distillery, Balblair, has launched four new vintage expressions in the US market this month. The newly released whiskies include the Balblair 2003, 1999, 1990 and 1983 vintages, which were each distilled ...
Tags: Whisky, Agriculture
December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an ...
Tags: BHP Billiton, Miner
Drinks and pubs business Liberation Group has acquired Butcombe Brewery in the UK for an undisclosed amount. The combined company will now have 94 pubs, bars and eateries, two breweries with the capacity to brew over 30,000 barrels of ...
Tags: beer, cider, Agriculture
Saudi Arabia-based food producing firm Savola Group has agreed to sell its packaging unit Savola Packaging group to Takween for $242.46m (910m Saudi Riyals). The complete purchase price will be financed through a syndicate of Saudi banks, ...
Tags: plastic containers, barrels, bottles, covers, Agriculture
Williams Partners is expecting ethylene production for sale to begin this month at its Geismar plant as commissioning efforts for the project near completion. “This commissioning effort has been especially challenging after the ...
Motor Row Brewing has unveiled its new brewing facility in Chicago, Illinois. Spread over an area of around 8,700ft2, the $2.7m brewery is located inside the former Federal Motor Car Co. showroom. The facility includes brewing ...
Tags: brewing operations, distribution space, tasting room, Agriculture
US-based brewing establishment 21 st Amendment has announced plans to expand its $21m production facility in San Leandro. The San Leandro brewery, which is spread over an area of around 95,000ft2, was opened in May this year. As part ...
Tags: tasting room, brewery, Agriculture
Erath Winery, one of the pioneering wineries of Oregon's Willamette Valley and the region's leading producer of Pinot Noir, has released the first wine from their new estate vineyard in the Eola-Amity Hills, Willakia Vineyard. The 2013 ...
Tags: First Wine, Agriculture
Big Rock Brewery has introduced new Barrel Aged Edition Ales including Cognac, Sherry and Bourbon, just in time for the holiday season. In our quest to brew deliberately different beers, this one ranks at the top in effort and creativity. ...
Tags: Cognac, Sherry, Bourbon, Agriculture
Ponysaurus Brewing in the US has announced plans to open a new brewery and taproom in Durham, North Carolina. Spread over an area of around 6,000ft2, the proposed facility will increase the company's brewing capacity from 180 barrels ...
Tags: Brewery, Production Capacity, Agriculture
BASF Group company Wintershall is continuing its growth course in Norway. By acquiring shares in the production fields Gjøa (5%) and Vega (24.5%), Wintershall is increasing its production in Norway from about 40,000 barrels of oil ...
Tags: Statoil, Wintershall, Construction
Darling Ingredients, a global developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a wide range of ingredients and customized specialty solutions for customers in the pharmaceutical, ...
Driven by higher margins and improved operations in downstream and chemical businesses, Exxon Mobil posted a 3 percent hike in net profit in the third quarter of 2014, from a year ago period. Net profit at Exxon Mobil, the world’s ...