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China to Lower The Prices of Both Gas and Diese

Apr 30, 2019

China will lower the retail prices of both gas and diesel by 85 yuan (12.3 U.S. dollars) per tonne from Wednesday due to falling international prices, according to the country's top economic planner. It will be the second oil price cut ...

Tags: gas, diesel

Report Forecasts Global Bioplastics for Packaging Market to Grow by 17% CAGR to 2022

Apr 19, 2017

A report from Smithers Pira expects global bioplastics for packaging industry to be worth $7.2bn, at an average rate of 17% per year between 2017 and 2022. According to the report - The Future of Bioplastics for Packaging to 2022, ...

Tags: Packaging Market, bioplastics, packaging

China Suspends Oil Price Adjustment

Mar 1, 2017

China's top economic planner will not adjust domestic retail oil prices as global prices have stayed below the official pricing mechanism, according to an announcement on Tuesday. Under the current mechanism, prices of refined oil ...

Tags: oil prices, refined oil

Third Quarter 2011 Results and Interim Dividend Announcement

Dec 10, 2016

Royal Dutch Shell Chief Executive Officer Peter Voser commented: “We continue to make good progress with our strategy; improving our competitive performance, delivering a new wave of production growth, and maturing the next ...

Tags: Royal Dutch Shell, Peter Voser

Shell to Halt Carmon Creek in Situ Project

Dec 9, 2016

Shell originally sanctioned the project in October 2013 and announced in March 2015 that the project would be re-phased to take advantage of the market downturn to optimise design and retender certain contracts. After careful review of the ...

Tags: Shell, crude oil

First Quarter 2012 Results and Interim Dividend Announcement

Dec 8, 2016

First quarter 2012 results webcastsRoyal Dutch Shell Chief Executive Officer Peter Voser commented: “We are making good progress against our targets to deliver a more competitive performance. Our profits pay for Shell’s ...

Tags: Shell, good progress, new energy projects

New Shell CEO Ben Van Beurden Sets Agenda for Sharper Performance and Rigorous Capital Discipline

Dec 8, 2016

Van Beurden, who became the new CEO of Royal Dutch Shell plc (“Shell”) on 1 January 2014, said Shell’s strategy overall is sound. The company has a high quality portfolio and key strengths in technology and project ...

Tags: Shell, technology, project delivery

Capital Markets Day 2016: Re-Shaping Shell to Create a World Class Investment Case

Sep 28, 2016

Responding to the changing landscape by re-shaping Shell Setting out an agenda for 2020 and beyond: grow free cash flow per share and returns Taking action to manage the down-cycle: delivering on lower costs, lower and more ...

Tags: Capital Markets Day 2016, World Class Investment Case

China's Crude Oil Output Sees Sharp Drop

Sep 20, 2016

China's crude oil output fell 9.9 percent year on year in August, the biggest monthly drop since 2003 as refineries slashed production amid sluggish global oil prices, data from the National Bureau of Statistics showed Monday. Imports, on ...

Tags: crude oil, oil prices

Grundfos Posts Improved Half-Year Profits

Sep 13, 2016

Grundfos’s earnings before interest and tax (EBIT) for the first six months of 2016 increased by 29% on 2015, from DKK637 million to DKK824 million. Half-year 2016 turnover however slipped 2.5% to almost DKK11.6 billion. ...

Tags: Grundfos, EBIT

TriMas Reports Second Quarter 2016 Results

Aug 3, 2016

TriMas announced financial results for the quarter ended 30 June 2016. The Company reported second quarter net sales from continuing operations of $203.3 million, a decrease of 9.6% compared to second quarter 2015. The Company reported ...

Tags: TriMas, Packaging

Are Airlines Making Money?

Apr 29, 2016

IATA’s latest quarterly survey of airline CFO and heads of cargo points to further year-on-year gains in profitability during Q1 2016, following a record year in 2015. However, expectations of further gains in profitability over the ...

Tags: passenger volumes, Airlines

U.S Poised to Dislodge China as Most Competitive Manufacturer

Apr 6, 2016

The United States is expected to be the most competitive manufacturing nation, moving China into the number two position by 2020, according to the 2016 Global Manufacturing Competitiveness Index report from Deloitte Touche Tohmatsu Limited ...

Tags: Global Manufacturing Competitiveness Index report

“Mediocre” Is The New Air Cargo Reality

Mar 22, 2016

The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...

Tags: Mediocre, IATA, Air cargo

The Launch of China's First Crude Futures Contract

Mar 21, 2016

The plan to launch China's first crude oil futures contract is facing more roadblocks as the Shanghai International Energy Exchange, or INE, comes under government review, a senior official close to the matter said Monday. "The target ...

Tags: Crude Futures, Crude Oil

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