Regal Beloit Corporation RBC +1.42% today reported financial results for the fourth quarter and fiscal 2013. Net sales for the fourth quarter 2013 were $727.3 million compared to $715.6 million for the fourth quarter 2012. Net income ...
Tags: Regal BELOIT, financial results
Chinese steelmaker Bayi Steel's 1750 hot rolled unit has successfully rolled high-quality X80 pipeline steel which meets a high technical standard. X80 pipeline steel, a grade of steel plate with high strength and high corrosion ...
Tags: Steel, Metallurgy, Mineral
Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into agreements with Petróleo Brasileiro S.A. (Petrobras) to provide well intervention services offshore Brazil. Helix will be providing the services ...
Tags: Vessels, Service, Transportation
Indian refiner Mangalore Refinery and Petrochemicals Ltd is close to completing the long-drawn-out third phase of its expansion project, which will see a new petroleum fluid catalytic cracker and delayed coker unit come onstream at its 15 ...
Tags: Refinery Expansion, Metallurgy
Nigerian Petroleum Development Co., the upstream arm of state oil company NNPC, Monday announced a $5.2 billion, four-year investment plan aimed at raising oil production to 300,000 b/d mainly from assets acquired from foreign oil companies ...
Tags: Oil Output, Metallurgy
The US Department of Agriculture is projecting domestic 2013-2014 soybean production to total 3.289 billion bushels, unchanged from the January estimate, data showed Monday. Projected soybean supplies in the USDA's February World ...
Tags: Soybean Oil, soybeans
Audi is expanding its ultra strategy with 11 new models: Especially efficient engine versions in the A4, A5 and A6 model lines will be launched in early 2014. A new and powerful two-liter TDI will provide the drive at 100 kW (136 hp), 120 ...
Tags: Audi, New Models
Italy-based Guala Closures Group has introduced a new range of closures Verso, Alusnap Olio and Olio 1031, for olive oil. The closures have been developed with the technology that gives better pour, prevents re-filling and preserves the ...
On Monday,the CME Group's corn,soybean and wheat markets are expected to start mostly higher. The early calls for the commodities on Monday,January 27,2014,are mixed.Corn is seen opening 1-2 cents lower,soybeans 2-4 cents higher,and ...
US Department of Commerce announced its preliminary determination regarding the "critical circumstances" allegations in the countervailing duty (CVD) investigation on imports of certain oil country tubular goods (OCTG) from India and ...
Tags: OCTG, antidumping, oil
Russia's state-owned Rosneft and China National Petroleum Corporation are in talks over upstream co-operation in Russia, including the Arctic and Far Eastern territories, and could reach concrete agreements by May, Rosneft CEO Igor Sechin ...
Tags: Rosneft, Upstream Pact
Norway's Statoil on Friday postponed its 2020 output guidance of 2.5 million barrels/day of oil equivalent by up to four years, as it reported a fall in fourth quarter output and an 8% cut in planned investment to $20 billion/year for the ...
Tags: Norway's Statoil, Mineral
London-listed Altona Energy has signed a new memorandum of understanding securing investment to help develop its Arckaringa coal-to-liquids project in South Australia, after terminating a previous joint venture with China National Offshore ...
On Friday,the CME Group's corn,soybean and wheat markets are expected to start lower.Although,strong export sales could push soybeans higher. The early calls for the commodities on Friday,January 24,2014,are lower.Corn is seen opening 2-4 ...
DES MOINES, Iowa (Agriculture.com)--With little movement, the CME Group corn and soybeans ended higher Monday. At the close, the March corn futures contract closed 2 1/4 cents higher at $4.31. The March soybean futures contract finished ...
Tags: Corn, Soybeans, Agriculture