While analysts are generally in consensus in forecasting Brent crude to average around $110/b in 2013, the surge in North American production and question marks on the timing of new infrastructure has made for a highly divergent set of ...
Tags: Brent crude, crude oil prices, crude oil market, Brent
Israeli gasoil and fuel oil consumption for electricity production rose sharply in the first 11 months of the year due to a severe shortage of natural gas, Israel's Energy and Water Ministry said Thursday. Gasoil consumption by Israel ...
Tags: Israeli, gasoil, fuel oil, electricity production
The Trustees of the Iron Workers Local Union No. 5 and Iron Workers Employers Association, Employees Pension Trust and CBO Glass are in settlement discussions in a case in which the Trustees had alleged that the company failed to pay the ...
Tags: Iron Workers, CBO Glass, Union Case, settlement discussions
Baker Hughes reported Friday that for the week ending December 28,the Canadian rig count was 204,plunging 180 since the week prior,and down 17 from the same week last year. Meanwhile,the US rig count fell by 11 to 1,763,following a more ...
Tags: Canada, US, rig count, gas, oil-directed drilling rigs
The outlook for the Latin American metals and mining sector in 2013 is mostly stable,although ratings agency Standard&Poor's is expecting metals prices to continue to drop. According to the agency,the prospects for slower global economic ...
Tags: Latin American, Metals and Mining Sector, Standard and Poor
Tehran Times cited Mr Javad Oaji deputy Oil minister of Ira as saying that Tehran and Baghdad are set to finalize a deal on gas exports from the Islamic Republic to Iraq in the near future. Mr Oaji,who is also the MD of the National ...
Tags: Iran and Iraq, Gas Export, Oil minister
December 19, 2012 - The Organization of Canadian Nuclear Industries (OCI) announced the election of several individuals to its board of directors at its annual general meeting held in Ajax, Ont., back in November: • Chris Hughes, ...
Tags: Nuclear Industries, Energy Products, Nuclear Energy, Fuel Manufacturing
Proactive Investors reported that iron ore miners appear set for a sustained bull run as iron ore prices resurge after declining five straight months on the back of strong Chinese growth and falling inventories. Fortescue Metals Group was ...
Tags: China, Iron Ore, Proactive Investors, iron ore prices, metal market
It was assessed by SunSirs that in the tracked 100 spot commodities,25 commodities increased in prices, 20 fell and 54 remained unchanged on 18/12/2012.The largest rises were Iron ore (2.54%),PTA (1.19%),Rebar (1.00%),while the largest ...
Tags: Spot Commodities Price, Commodities Price, Iron ore, PTA
Prices of hot rolled steel coils for January shipment rose further in the Asian region.The Japanese mills are predicted to raise their prices in negotiations on HR coils for February shipment as well taking an advantage of such ...
Tehran Times cited Mr Ahmad Alirezabeigi Iran's East Azarbaijan Province's governor general as saying that Iran and Armenia have set the target of USD 3 billion in their annual bilateral trade. The report said that on December ...
Tags: Iran, Armenia, Annual Trade Target
It is reported that Saudi Electricity Company plans to set up three transformer stations across the country at a cost of USD 346 million within two and a half years to meet the growing power demand. It report said that the Saudi state ...
Tags: Saudi, power, Electricity Company, demand
The Afghan Chamber of Commerce and Industries urged the government to establish a steel plant said that the growth of Afghan industries depends on such a plant. Mr Azarakhsh Hafezi head of international relations at ACCI said that the ...
Tags: Afghan, ACCI, Steel Sector, Growth
UAE market seems to has become averse to new bookings of HRC. Apart from slow demand aggressive offers by Chinese mills has stalled aspirations of Japanese and Korean mills. It is learnt that Japanese mills off late are reluctant to give ...
Tags: UAE market, new bookings, HRC, mills
Angang,a large steel maker in the world in terms of crude steel output,announced CNY 18.6 billion investment plan to expand 7 existing mines,construct 3 new mines and update 2 tailings reservoirs in a hope to raise its iron ore independency ...
Tags: Angang, steel maker, analyst, iron ore