PTI reported that Reliance Industries has shut its seventh well on KG-D6 gas block due to high water and sand ingress as it awaits regulatory nod to carry out urgent work over to plug the problem responsible for drastic fall in output. ...
Tags: PTI, Reliance Industries, gas block, high water, sand ingress
Taiwanese Feng Hsin has announced to rise its steel section price in early this week,it is said the company's new price for small steel sections are about NTD 20,500 to NTD 20,700/ton(about USD 707 to USD 714 per tonne)and its price for ...
Tags: price rise, steel, market, sale
Xstrata Copper's Lomas Bayas operation, located in northern Chile, has completed construction and commenced commissioning on scheduleof its USD 300 million Lomas II project to extend the mine life by 16 years, until at least 2028, at ...
Tags: Xstrata Copper, Copper, Mineral, Metallurgy
Belarus and Azerbaijan have agreed to intensify cooperation in investment. To this end, on December 19th 2012 in Minsk, cooperation memorandums were signed at the Belarusian-Azerbaijani business forum. The memorandums with the Azerbaijan ...
Tags: Mineral, Metallurgy, Energy
B92 reported that the deadline for submitting offers for a strategic partner forŽelezara Smederevo steel mill,which expires today,will be extended by two more months. According to Radio Television of Serbia,the deadline will be ...
Tags: steel, Radio Television, Serbia, bidder
Russia's OAO Severstal one of the world's leading vertically integrated steel and steel related mining companies,announced on Dec 18 that the company had completed the transaction and now it holds a 100%interest in the Putu Iron Ore project ...
Tags: Seversta, Energy, related mining companies
Emaar Properties, Dubai’s largest developer, has secured USD 500 million in financing from a consortium of banks to be used to fund an upcoming project in Turkey. The facility signed with lenders including Standard Chartered, ...
Tags: Emaar Square project, leisure facilities, shopping mall, infrastructure
Economic Times reported that the Indian consortium is back from another round of discussion for acquiring mining rights to the 1.8 billion tonne of iron ore reserves in Afghanistan, as the possible deal reaches a critical stage. A ...
Tags: Indian consortium, India, mining rights, mining
AP quoted an Iraqi Kurdish official saying that the country's self ruled northern Kurdish region has suspended oil exports over a payment row with Baghdad,a development that could add to already souring relations between the Kurds and the ...
Tags: Oil Exports, Iraq, unilaterally struck
The whole month of October is packed full of ghosts, witches and prizes in the upcoming Spooktober promotion from Platinum Play Australia Online Casino. Halloween fever is taking over Platinum Play Australia Online Casino for the whole ...
Tags: Platinum, Casino, Spooktober, Computer Products
OAO Severstal one of the world’s leading vertically integrated steel and steel related mining companies, announces the results of voting on the resolutions proposed at the EGM held on December 20th 2012. The following resolutions ...
Tags: mining companies, mining, Severstal, EGM
Reuters reported that Borusan Mannesmann, Turkey’s leading steel pipe manufacturer, will invest USD 150 million in building a production facility in the United States. The company in a statement with the Istanbul Stock Exchange ...
Tags: steel pipe, Turkey, United States, steel market
Trade Arabia News Service reported that exports from the GCC countries to China rose to USD 7.1 billion in October from a yearly low of USD 4.9 billion in August, marking a 45.6% increase in just Q1. Growth expectations in the Chinese ...
Tags: exports, GCC countrie, China, Chinese economy
Christmas and New Year round the corner market has already sunk in holiday mood with activities remaining subdued. However in some corners activity is inevitable. Scrap levels have firmed up on winter shortage and Turkish buying. It is ...
Tags: corner market, corners activity, winter shortage, Tuekry
With prices once again pushing on to Indian sub-continent levels, it was no surprise to see the Chinese market snap up one or two vessels positioned in the area and from local owners. The Danish built panamax bulker ZHUSHUI 8 (12,250 ...
Tags: India, Chinese market, ship, price