US refiner Valero Energy will build one of the world's largest methanol plants at its St. Charles, Louisiana, refinery, the company said Thursday. The $600 million-$700 million project will add a 1.6 million tons/year methanol plant at ...
Tags: Chemicals, Metallurgy, Mineral, Energy
The NYMEX August natural gas futures contract was slightly higher in early trading as the market attempts to evaluate the current heat wave with longer-term forecasts which call for normal temperatures, sources said. As of 10:41 a.m. EDT ...
Tags: Chemicals, natural gas
Shale gas production in the UK could boost tax revenues and improve the nation's trade balance, but is unlikely to reduce gas prices, and is no short-term fix for national energy needs, according to Howard Rogers of the Oxford Institute for ...
June exports from the three coal piers at Hampton Roads on the US East Coast declined for the month but are still tracking above last year's numbers on a year-to-date basis, according to figures released Wednesday by the Virginia Maritime ...
Tags: Coal Exports, Chemicals
With gas prices on the rise many commuters are now working from their home offices permanently or just a few days a week.?If you are new to the home office scenario, then starting with a good design will be imperative for creating a good ...
The response of Asian and global markets to US liquefied natural gas exports will be much stronger and will happen much sooner than many anticipate, putting strong downward pressure on Asian prices, Rice University fellow Kenneth Medlock ...
Tags: LNG Exports, Chemicals
A CITY of enchantment, Venice is also besieged with problems. It is threatened by rising sea levels, polluted lagoons and a grim economy. And glassmaking, its most famous industry, has long been sinking along with the city. Murano, an ...
Tags: Construction, Decoration, glass
Producers in Alberta's liquids-rich shale play at Duvernay are likely to invest some C$1 billion ($955 million) in drilling activities over the remaining six months of 2013, with that figure likely to rise further next year, oil and gas ...
Spot prices eased Thursday morning on the UK's NBP gas trading hub as demand was forecast at the lowest level so far this year. Same- and next-day contracts at midday BST were each valued at 64.70 pence/therm, down by 1.30 and 0.40 p/th ...
Tags: Gas, Spot prices
China's new natural gas pricing mechanism will create two separate bands of prices across the country with an average difference of 42%, although over 90% of supply will still be priced at the lower level. The National Development and ...
Tags: Natural Gas, Chemicals
The state-owned Japan Oil, Gas and Metals National Corporation hasdecided this week to provide guarantees of up to 75% of bank loans to new LNGprojects that are deemed to help reduce Japan's import costs for the fuel, aJogmec official said ...
Tags: Metallurgy, Mineral, Energy
Russia's Gazprom has no plans to link the price of gas to be supplied to China under a long term contract to US spot gas prices, the company said in a statement Wednesday, citing Gazprom CEO Alexei Miller. "[Price of] gas supplied to ...
Tags: China, Russian Gazprom, Gas
Prompt gas prices on the UK's NBP trading hub fell Monday as the long system and lower demand weighed on near term contracts. Gas for same day delivery was heard changing hands around 1100 GMT at 60.30 p/th down 0.95 p/th from Friday ...
Tags: Prompt gas, gas, Metallurgy, Mineral, Energy
Gas prices on the Continental European markets were stable to lower Tuesday morning, pressured by warmer-than-average temperatures and strong piped imports. At midday UK time, the day-ahead contract on the Dutch TTF was seen at ...
Tags: Euro Gas, Gas Prices
Total capital spending in 2012 for the top 100 US producers, including acquisitions, rose 18% year over year to the highest level on record at $316.6 billion, driven by development capital spending of a combined $208 billion, according to a ...