US commercial crude stocks are expected to have increased by 2.3 million barrels for the reporting week ended March 8, analysts polled Monday by Platts said. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT ...
Tags: refinery, crude oil imports, crude oil
Iranian experts have acquired the necessary know-how to produce 40 petrochemical products, the Petrochemical Research and Technology Company (PRTC) has announced. For the industrial and economic development of Iran, the Government has ...
Tags: petrochemical products, PRTC, Iran
Ukrainian steelmaker Alchevsk Iron and Steel Works (Alchevsk), a subsidiary of Ukrainian steel producer Industrial Union of Donbass (ISD), has announced that in March this year its plans to increase its crude steel production by 23-24 ...
Tags: steel product output, steel product, Iron, Steel
Only a change in the price formation mechanism will reflect the current supply-demand situation for LNG in Asia, not just a bid to reduce the price level, Jonathan Stern, professor at the Oxford Institute for Energy Studies, said at a ...
Tags: price formation mechanism, LNG, Asia
Reportedly, Indian Steel Authority of India Limited (SAIL) planned to invest its No.5 blast furnace at its Rourkela steelworks in the eastern state of Odisha and it expected to commission the new project by taly’s Danieli and ...
Tags: Steel Authority, Steel, steel producers
Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for the full year 2012. In 2012, Kardemir posted a net profit of TRY 194.25 million ($107.8 ...
Tags: long steel producer, long steel, Kardemir
Large US refiner Valero Energy sees Louisiana and California as among the destinations that will be served by its recent order of 5,320 new rail cars to move discounted inland crudes across the US, the company's chief operating officer said ...
Tags: Valero Energy, crudes, inland crudes
According to the Mineral Industry Survey released by the US Geological Survey (USGS), US iron ore production in December 2012 was 4.65 million mt, up 1.5 percent over the November level and up slightly by 0.4 percent year on year. In 2012, ...
Tags: Iron Ore Output, Mineral Industry, Mineral
US Atlantic Coast motor gasoline stocks rose 651,000 barrels to 60.463 million barrels in the week that ended Friday, which is the highest level in nearly a year, according to US Energy Information Administration data released Wednesday. ...
Tags: US Atlantic Coast, gasoline, energy
Gas for day-ahead delivery continued to fall Wednesday from Monday's seven-year high following a return to operations of the Norwegian Nyhamna processing terminal and strong imports, which saw the system well supplied with little reliance ...
Tags: UK, Gas, gas industry
China is considering to make changes to its oil pricing mechanism by both shortening the price review period and removing the price fluctuation limitation of a basket of crudes used to adjust retail oil product prices, the official Xinhua ...
Tags: China, Oil Pricing, Mechanism
In February this year, Germany's crude steel output amounted to 3.447 million metric tons, decreasing 3.7 percent compared to the same month of the previous year, according to the information provided by the German steel federation ...
Tags: Crude Steel, Mineral, Metallurgy
In the January-February period of the current year, Ukraine-based Azovstal, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, saw a 2.1 percent increase in its crude steel production to 742,000 mt, ...
The US Census Bureau and the US Bureau of Economic Analysis, through the Department of Commerce, announced Thursday that total January exports of $184.5 billion and imports of $228.9 billion resulted in a goods and services deficit of $44.4 ...
Tags: Trade Deficit, crude oil, crude bitumen
The China Iron and Steel Association (CISA) has stated that in late February (Feb. 21-28) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7323 million mt, up 0.8 ...
Tags: crude steel output, crude steel, Steel