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Iran Unveils New Oil Contracts as It Seeks International Investment
Dec 2, 2015Iran unveiled its hotly anticipated new petroleum contracts to dozens of international oil companies in Tehran Saturday, and the first set of new tenders could be released by late January, a senior Iranian oil official said. The two-day ...
Tags: Oil, LNG, Iran Petroleum
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A Sustained Diamond Supply Surplus
Sep 15, 2015Don’t be fooled by the pitch that touts shortage as a reason for investors to plough dollars into the diamond mining sector. In fact, like many other commodities in the world today, the diamond industry is also drowning in a supply ...
Tags: Diamond Supply, diamond mining
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Grib Diamond Is Arguably The Most Prospective of The New Generation of Diamond Mines
Nov 24, 2014The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the ...
Tags: Grib Diamonds, Diamonds
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ChTPZ Group Announced That Its Pervouralsky Novotrubny Works Has Upgraded Its 9330 Machine
Sep 3, 2014Russia-based steel pipe producer ChTPZ Group has announced that its Pervouralsky Novotrubny Works has upgraded its 9330 machine used for fine turning of the outer surface of 72-160 mm pipes. Most pipes treated by this machine are used for ...
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Russia-Based TMK Has Announced That It Has Signed an Agreement
Aug 12, 2014Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced that it has signed an agreement for a research and development cooperation program for 2014-2016 with Lukoil, Russia's second-largest oil company, ...
Tags: Russia, TMK, Metallurgy, Mineral
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Russia Will Not Decrease Exports of Our Oil and Gas in The Next 10-20 Years
May 27, 2014Russia does not plan to reduce export volumes of its crude and gas in the next 10-20 years, but expects to increase exports of high quality oil products as major modernization of its refineries is in the final stages, Lukoil CEO Vagit ...
Tags: Crude Exports, Gas Exports
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Iraq Set a New Post-War Record in April for Exports Through Its Southern Terminals
May 7, 2014Iraq exported 2.509 million b/d of crude in April, all from its southern oil terminals as the country's northern export pipeline remained inoperable. April exports were 112,000 b/d more than the 2.397 b/d exported from the country in ...
Tags: Crude, oil terminals
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Ukraine Has Closed Its Anti-Dumping Investigation Into Imports of Suspension PVC
May 4, 2014Ukraine has closed its anti-dumping investigation into imports of suspension PVC from the US without imposing any duties, the interagency commission for international trade said in a report published by the government's official Uriadoviy ...
Tags: Anti-Dumping, PVC, Imposing Duties
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OMK Has Stated to Supply 50,000 Mt of Oil and Gas Pipeline Pipes for Application
Mar 12, 2014Russia-based pipe producing company United Metallurgical Company (OMK) has stated that up to August of the current year it will supply 50,000 mt of oil and gas pipeline pipes for application in the V. Filanovsky oil and gas deposit ...
Tags: Metallurgy, Mineral, Energy, Pipes, steel pipe
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Mediterranean Ultra Low Sulfur Diesel Cargoes Are Trading $10.25/Mt
Mar 7, 2014Mediterranean ultra low sulfur diesel cargoes are trading $10.25/mt above the Northwest European cargoes, the widest spread between the two regions since January 17 on tight prompt supply in the Med. The Med cargo cash premium to the ...
Tags: Diesel Cargoes, low sulfur diesel
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Top Azerbaijani Gathered in Baku on Tuesday to Celebrate a Major Milestone
Dec 20, 2013Top Azerbaijani,EU and US officials and members of the Shah Deniz consortium gathered in Baku on Tuesday to celebrate a major milestone in the development of a new energy corridor that will connect Caspian natural gas to Europe and provide ...
Tags: Top Azerbaijani, EU, Shah Deniz consortium, energy corridor
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A Group Comprised of 17 Oil and Gas Companies Has Established a Project
Dec 12, 2013A group comprised of 17 oil and gas companies has established a project for joint seismic acquisition in the southeastern Barents Sea. Statoil is the operator of the project. At the request of the Norwegian Ministry of Petroleum and ...
Tags: Metallurgy, Mineral, Energy, oil, gas
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Rimera Announced That Its Shipments to CIS Customers Were up by More Than 30% in Jan-Sept
Nov 6, 2013Rimera Group, a services division of Russian steel pipe producer ChTPZ, has announced that its shipments to CIS customers were up by more than 30 percent year on year in the first nine months of the current year. During this time, the ...
Tags: steel, Metallurgy, Mineral
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China's Biggest Energy Firm PetroChina Will Join Exxon Mobil
Aug 15, 2013China's biggest energy firm PetroChina (0857.HK) will join Exxon Mobil (XOM.N) in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil (LKOH.MM) to buy into a second project at the field, industry sources said. ...
Tags: PetroChina, Iraqi Oilfield
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Possible Deals Said to Be in The Works with Exxon Mobil,Russia's Lukoil
Aug 15, 2013Possible deals said to be in the works with Exxon Mobil, Russia's Lukoil PetroChina Co, China's largest oil explorer, may join with United States-based energy giant Exxon Mobil Corp to co-develop the West Qurna oilfield in Iraq, which ...
Tags: Petrochina, Chemicals