It is reported that U.S. Steel has announced to rise its new flat steel prices by US$55/short ton; it has been highly expected that this action may push other mills to follow up and join the price hiking game in U.S. market. However, it ...
Tags: U.S.Steel, flat steel, prices
Solar PV capacity passes 100GW as demand slows to 30GW. But its future is positive, say two new market reports. The world’s cumulative solar photovoltaic (PV) electricity capacity surpassed 100 GW in 2012, achieving just over 101 ...
Tags: Global PV Power, Energy, solar photovoltaic
Usinas, the Brazilian steelmaker, is going to increase its steel prices for distributors by 12% next month. The new price adjustment will apply to some steel products and ranges from 6% to 12%. The policy of price up is expected to ...
Tags: steelmaker, steel, steel prices
Reliance Steel & Aluminum Co. will go forward to acquire Metals USA. The US government relative department pointed out that the merger already has no doubt of antitrust concerns. In an early notice under the Hart-Scott-Rodino Antitrust ...
Mechel Targoviste, the Romanian long product maker, is buying scrap from the market. The company is planning to resume steelmaking in March according to the company's new owner Invest Nikarom. The company official said that it was the ...
Tags: scrap, steelmaker, steel
Buying interest stayed muted at south China's trading hubs for imported thermal coal Tuesday, and CFR delivered prices were rangebound at $86/mt and remain capped by competitively priced domestic thermal coal, traders said. The ...
Tags: south China, thermal coal, imports
Germany's Wintershall expects to increase its oil and gas output in 2013 mainly as a result of higher volumes from its operations in Russia, Norway and Libya, the company's parent BASF said Tuesday. In its outlook for 2013, BASF said ...
China's oil and gas companies could lift their total overseas equity production to 3 million b/d by 2015, the executive director of the International Energy Agency said Tuesday. "Chinese national oil companies are present everywhere in ...
Tags: oil, gas, overseas equity
UK offshore oil and gas investment has risen to its highest level in 30 years, thanks to changes in the tax regime introduced over the past four years, industry association Oil & Gas UK said Monday. Investment soared to GBP11.4 billion ...
Tags: offshore oil, gas investment, oil
Asia will become the second-largest global natural gas market after North America by 2015 with annual demand rising to 790 billion cubic meters, the International Energy Agency said in a report released Tuesday. "Asia is already home to ...
Tags: natural gas market, Chemicals, Metallurgy
South Korea's S-Oil nominated its paraxylene Asia Contract Price for March at $1,750/mt, up $65/mt from its February settlement, sources close to the negotiations said Monday. There are four ACP sellers in Asia -- ExxonMobil, Idemitsu ...
Tags: South Korea, S-Oil, oil
Metito, a leader in intelligent water management solutions, has won a $6.8 million deal for a water treatment plant in Iraq. The company has signed an agreement with F&B Investment for the design, build, selection and supply of all ...
Tags: Metito, Kufa Water Project, intelligent water management solutions
Drilling began on the Kurdamir-3 appraisal well on the Kurdamir Block on February 22, 2013. 3D seismic surveys are also underway on both the Kurdamir and Garmian Blocks, and preparations are progressing for the three wells on the Garmian ...
Tags: WesternZagros Resources, extensive exploration, appraisal program
In a move that is likely to mark the start of a new era for the Iraq Stock Exchange (ISX), National Bank of Kuwait (NBK) has begun offering custody services for ISX-listed shares through its 80%-held subsidiary Credit Bank of Iraq. This is ...
Tags: NBK, Custody Breakthrough, ISX
6th March sees the anniversary event of The Iraq Club Dubai. This network for senior energy professionals operating in Iraq, has gone from strength to strength since it launched in 2012. The bi-monthly event which regularly attracts over ...
Tags: Iraq, Club Dubai, Anniversary