Competitively-priced cargoes of Indonesian thermal coal added to the downward pressure on Chinese spot prices Wednesday, with a Panamax spot cargo of Kalimantan 5,500 kcal/kg NAR coal heard placed into south China at $83/mt CFR basis, ...
Tags: Coal, thermal coal, Metallurgy, Mineral, Energy
Reviews of offshore oil and gas exploration plans and approval of drilling permits may be delayed by mandatory across-the-board budget cuts known as a "sequester," US Bureau of Ocean Energy Management Director Tommy Beaudreau said ...
Tags: Metallurgy, Mineral, Energy, oil, gas
China Petroleum and Chemical Corp., or Sinopec, slashed its ex-works prices for butadiene in East China by 7% effective late Tuesday, market sources said Wednesday. Butadiene offers from Sinopec's subsidiaries across East China -- Yangzi ...
Tags: Metallurgy, Mineral, Energy, Petroleum
New solar demand from the Middle East and Africa (MEA) region is forecast to reach 1GW in 2013, according to Solarbuzz. This represents an increase of 625% on year from 136MW in 2012. "Historically, the MEA region lagged behind global ...
Tags: solar demand, solar, solar markets
Iran is re-appraising an offshore oil field that India's Oil and Natural Gas Corporation (ONGC) had abandoned as commercially non-viable, the semi-official Mehr news agency reported Wednesday. "The project is at the stage of processing ...
The US energy industry must vigorously oppose efforts to restrict exports of liquefied natural gas, ExxonMobil Chemical President Stephen Pryor said Wednesday at the IHS World Petrochemical Conference. As the US Department of Energy ...
Russia's Gazprom Wednesday signed a deal with Czech oil and gas producer MND Group to build a new underground gas storage facility in Damborice, in the South Moravian region of the Czech Republic. "The underground gas storage facility ...
According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's chrome ore exports amounted to 209,938 metric tons, rising 13.5 percent compared to December last year and up 25.7 percent compared to ...
Tags: Turkey, Chrome Ore Exports, Mineral
Siemens Energy has been awarded an order from Samsung Renewable Energy Inc. and Pattern Energy Group LP to supply and install 124 wind turbines for the South Kent 270MW wind project in Southwestern Ontario. "This order reinforces our ...
Tags: Wind Power, Energy, Electrical, Electronics, Siemens
Ontario is now harnessing more electricity from Niagara Falls through the completed 10-km+ Niagara Tunnel Project, which is channelling additional water from the Niagara River to the Sir Adam Beck Generating Station at a rate of 500 m3/s. ...
Tags: electricity, Electrical, Electronics, Energy
According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's coking coal imports rose by 11.9 percent year on year but decreased to the lowest level recorded since January last year to 2 million ...
Tags: Coking Coal, Metallurgy, Mineral, Energy
Brazil-based ArcelorMittal Vega, part of the global steel giant ArcelorMittal, has announced that it has completed a $10 million investment to install new post-treatment technology on its galvanizing line No. 1. The new technology ...
Tags: Metallurgy, Mineral, Energy, steel
On March 22, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that its rail and beam plant has supplied its first 60 kg/m steel rails from its rolling line No. 2, delivering a total of 2,447 mt of ...
Tags: Metallurgy, Mineral, Energy, steel, Iron
Shanghai-based Chinese steel giant Baosteel has announced that, with the delivery of a final batch of welded pipe, it has completed its total supply of 87,000 mt of line pipe to China National Offshore Oil Corp. (CNOOC) for the 3-1 gas area ...
Tags: Metallurgy, Mineral, Energy, steel
Reportedly, the Chinese steelmaker Tangshan Steel, a subsidiary of Heibei Steel has inked agreement to acquire 10% stakes at Swiss-based Duferco International Holding, the world's largest steel trader, in order to expand its business fields ...
Tags: Metallurgy, Mineral, Energy, steel, Tangshan Steel