French pipe manufacturer Vallourec has announced some updates in its 2014 guidance, following its Brazilian customer Petrobras' decision to eliminate most of its tube inventories by the end of the year, while maintaining its drilling plans. ...
Despite its many advantages, natural gas is losing ground globally to its rivals while buyers and sellers struggle to agree on what constitutes a fair price, the International Energy Agency said in a report published Tuesday. In its ...
Tags: Natural Gas, Coal
China's producer price index (PPI) contracted 1.4 percent year on year in May, following a 2-percent decline in April, data from the National Bureau of Statistics (NBS) showed on Tuesday. The index edged down 0.1 percent in May from the ...
AkzoNobel's protective coatings business have appointed Scott Doering and Fernando Macedo as Vice Presidents overseeing the International and Devoe protective coatings brands within the North America East and West regions. The appointments ...
Tags: Protective Coatings, Coatings
Research and Markets has announced the addition of the "Global Super Absorbent Polymers Industry Market Report 2014-2019" report to their offering. The global super absorbent polymer market is expected to grow at a CAGR of 5.5 percent ...
China will try to quicken the pace of economic reform this year as part of the government's efforts to arrest a slowdown in the world's second-largest economy, the country's top economic planning agency said late on Saturday. The National ...
Tags: Faster Reform, Slowing GDP
Turkmenistan President Gurbanguly Berdimuhamedov has signed a resolution related to financing of the proposed gas-chemical complex for manufacture of polypropylene (PP) and polyethylene in Balkan province. The complex would be built in ...
Tags: PP Plant, polypropylene
Argentine oil production fell 0.4% in March compared with the year-ago period, while natural gas output rose 0.5% over the same period, an industry report showed Friday. Crude production declined to an average of 533,651 b/d in March from ...
Tags: oil production, Oil Output
Russia does not plan to reduce export volumes of its crude and gas in the next 10-20 years, but expects to increase exports of high quality oil products as major modernization of its refineries is in the final stages, Lukoil CEO Vagit ...
Tags: Crude Exports, Gas Exports
Sweden-based special steel producer Ovako has announced that the commercial court of Nanterre in France has made a decision regarding the bid concerning the assets of French engineering steel producer Ascometal in favor of the French ...
Tags: Bankrupt Ascometal
Swedish high-technology engineering and steelmaking group Sandvik has announced that it has completed the acquisition of Varel International Energy Services Inc., a manufacturer of drill bits. The parties had reached an agreement for the ...
Beijing bureaucrats are all exhausted just by chasing a sputtering economy and trying to keep it moving. Some fine-tuning here, a bit of state spending there – all with the aim of meeting a GDP growth target. But if they want to stop ...
Tags: Economy Reform, China Economy
Japan Petroleum Exploration plans to start drilling Japan's first horizontal shale exploration well at its onshore Fukumezawa oil field in Akita prefecture in the northwest for about one month from May 22, a company official said Tuesday. ...
The UK could see its first increase in offshore oil output in over a decade this year and the start of a slight recovery, BP regional vice president for Europe, Peter Mather, said Tuesday. His comments were balanced by a longer-term ...
Tags: Oil Output, offshore oil output
South Korea will seek to import more shale gas-based LNG from North America to meet rising power demand amid tighter environmental regulations, the deputy energy minister told Platts Friday. "Natural gas as a source of power generation ...
Tags: Shale Gasc, LNG