Saudi Arabian customs officials have foiled an attempt to smuggle 3.255 million kg (equivalent to 27,300 barrels) of refined oil products out of the eastern port of Dammam, capital of the kingdom's oil-rich Eastern Province, the official ...
Tags: Saudi Arabia, Foils, Oil Products
On March 22, Henan Province-based Chinese steelmaker Anyang Iron and Steel Group Co. issued its financial results for 2012. In 2012, Anyang Steel achieved an operating revenue of RMB 20.951 billion ($3.3 billion), down 29.62 percent on ...
Tags: Anyang Steel, steelmaker, steel
US spot styrene margins are poised to remain flat to slightly higher following the procurement of cheaper feedstock ethylene estimated to begin in 2015-2016 as a result of the shale gas plays, industry sources said Monday on the sidelines ...
Tags: SM Margins, Chemicals, lighter crude
Recent fiscal changes in Venezuela could help state oil company PDVSA significantly cut its $16.4 billion debt to service providers this year, according to some economists and analysts. The changes, mainly to Venezuela's complicated ...
Tags: oil activity, PDVSA, Venezuela
In the January-February period of the current year, China’s crude steel output totaled 125.45 million mt, up 10.6 percent year on year, while its finished steel, coke and ferroalloy outputs came to 158.27 million mt, 73.61 million mt, ...
Tags: Crude Steel, imported iron ore, Mineral
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 ...
Polyolefins prices increased in line with the crude oil prices. But trading slowed down across the global markets despitethe economic stimulus measures. Many buyers and converters bought only enough for production. However, supply in 2012 ...
US crude oil imports in February fell 770,000 b/d year on year, or 9%, to average 7.8 million b/d -- their lowest level in 16 years, the American Petroleum Institute said Thursday. Total crude and refined product imports fell in February ...
Tags: crude oil, oil, Metallurgy, Mineral, Energy
The time spread for gasoil swaps in Singapore narrowed 15 cents/barrel day on day to a seven-week low of plus 3 cents/b for April/May Wednesday, because of low regional gasoil demand and concerns over increased exports from China and India, ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Day-ahead gas prices on Continental Europe's trading hubs were mixed Thursday morning, as the Dutch TTF climbed from Wednesday's assessment, while spot prices on the German markets fell back by over half a euro. At midday UK time, the ...
Tags: Gas, Metallurgy, Mineral, Energy
Oil futures settled higher Wednesday, partially rebounding from Tuesday's sharp selloff on uncertainty in Cyprus, after weekly inventory data from the US Energy Information Administration proved to be unexpectedly bullish. NYMEX April ...
Tags: Oil, Chemicals, Metallurgy
In February this year, Brazilian crude steel production totaled 2.6 million metric tons, falling by 6.8 percent compared to January this year and down 6.2 percent compared to February 2012, according to the Brazil Steel Institute (IABr). ...
Tags: Crude Steel, Mineral, Metallurgy
According to the report from the Latin American Association of Steel (Alacero), in February 2013 the volume of crude steel produced was 5.5 million tons, an increase of 4 percent compared to the volume registered in the same month of 2012. ...
Tags: Latin American, Mineral, Metallurgy
According to data released by the National Statistical Committee of the Republic of Belarus, in the first two months of the current year the value of metallurgical production in Belarus increased by five percent compared to the same period ...
ArcelorMittal Temirtau, the largest metallurgical enterprise in Kazakhstan, has stated that in March it plans to ship around 250,000 mt of steel products, up 48 percent compared to February, including 106,000 mt of hot rolled steel, 47,000 ...
Tags: steel shipments, metallurgical enterprise, steel products