The Platts JKM for January was down 10 cents over the course of the week to $7.475/MMBtu on Friday, after rolling to become the new front month on Monday, November 16. Buying sentiment for the month continued to soften, with limited ...
Tags: Curtis LNG
The December/January US Gulf Coast 3% sulfur fuel oil swap spread moved to a wider contango on Friday, while market sources searched for a fundamental reason to explain the movement. Platts assessed the December/January 3%S spread at a ...
Tags: sulfur fuel oil, USGC fuel oil
Canada's Alberta province Sunday announced a new "climate leadership" plan that includes a cap on greenhouse gas emissions by oil sands producers as it moves to overhaul its image and kick start export opportunities. The cap on emissions ...
Tags: greenhouse gas, oil sands, oil
With colder temperatures finally hitting much of the northern US last week, many in the oil market will have their eyes on US distillate stocks when the US Energy Information Administration releases its weekly inventory data Wednesday. ...
The Singapore cracking margin against Dubai crude rose to $7.46/b Monday, its widest in 32 months, supported by firmer light distillate cracks and weaker crude, Platts data showed. It has widened from $5/b on November 1, with much of the ...
Tags: Dubai crude, gasoline, sour crude
Following Osram’s announcement last week that the company is to invest EUR 1 billion in a new Malaysia-based plant for LED chips, a leading investor in Osram expressed opposing opinions about Osram’s latest strategy, reported ...
Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...
Tags: Teapot Refiners, crude oil
In terms of ethanol production, corn has some competition this winter— grain sorghum. The grain, also known as milo, produces the same amount of ethanol per bushel, but uses one third less water in the process of creating the fuel. It ...
The release of a government report showing the cost of congestion in Australia will balloon by billions of dollars over the coming years serves as a timely reminder to governments to give equal consideration to the movement of freight as is ...
Tags: passenger vehicles, heavy vehicles, logistics industry
The process of producing a hearty steak is more complex than many may think. At Cargill's beef processing facilities across the nation, producing cuts of meat requires many intricate steps, in the hands of an army of employees who work with ...
Australian business magnate Gina Rinehart has purchased Glencoe Station in New South Wales for $30m, to expand her Wagyu beef operation. The Station, which is a 10,000 hectare property in north of Dubbo, is situated 20km away from the ...
Tags: Gina Rinehart, beef, angus herd
Originally founded as a supplier of solar power hardware, Solar Leading is expanding its presence into the LED lighting sector under the brand name Senior LED. In conjunction with this announcement, Solar Leading is introducing a new LED ...
Yale startup Saphlux has found a way to significantly advance LED technology and recently received US $100,000 in funding from the YEI Innovation Fund, backed by Yale, Connecticut Innovations and First Niagara Bank, as well as an additional ...
Tags: Yale, LED Chip, LED lightbulb
Taylors Wines has introduced a temperature sensor that appears on the back label of its Taylors Estate and Promised Land wines. The sensor uses thermo-chromatic ink technology that changes colour depending on the temperature of the wine, ...
Tags: Taylors Wines, Sensor, Labels
Witnessed the launch of the John Lewis Christmas advert which brought to life The Man on The Moon. It appeared in John Lewis branches, online and on its customers' television screens as well as trending on social media. Sales across the ...