Mullen Group announced this week its board has approved its 2014 capital budget of $100 million, about $25 million of which will be allocated to its trucking/logistics segment. The funds will be used to buy new trucks, trailers and ...
Tags: Transportation, Auto Parts
State-owned China National Petroleum Corp said Friday that its total net equity production from its overseas oil and gas projects last year totaled 59.2 million mt of oil equivalent, translating into an average 1.19 million b/d of oil ...
Tags: oil equivalent, Mineral
China is the top international destination for U.S. soy, importing 849 million bushels of whole U.S. soybeans in the most recent marketing year. It is hard to imagine that number growing, but experts expect U.S. soybean exports to China to ...
Tags: Soybean Exports, Agriculture
On Friday, the CME Group's corn, soybean and wheat markets are expected to start lower. The early calls for the commodities on Friday, January 17, 2014, are weaker. Corn is seen opening 2-4 cents lower, soybeans 6-8 cents lower, and wheat ...
Aircraft maker Boeing Co., Etihad Airways, the oil company Total and others say they will work together on a program to develop an aviation biofuel industry in the United Arab Emirates. Boeing says in a news release Sunday that the ...
Tags: Consumer Electronics, Electronics
Russia-based steel pipe producer ChTPZ Group has stated that in the first half of the current year it will supply 45,000 mt of large diameter (LD) pipes to the Russian oil pipeline monopoly Transneft for the construction of the main ...
Metso has received significant orders for its Neles and Jamesbury valves from Sadara Chemical Company (Sadara), a joint venture between Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company. The valves will be delivered ...
Tags: Sadara, Textile, Metso Valves
The European Commission wants EU member states to accept common environment and health rules if they use controversial 'fracking' to develop shale gas resources. A document prepared for the Commission's 2030 Energy and Climate Package due ...
China is targeting to raise its synthetic coal-to-gas output to 50 billion cubic meters by 2020, accounting for over 12% of domestic supply, an official with the National Energy Administration said Wednesday. But actual output may fall ...
Tags: Coal-to-Gas Output, Energy
Increased buying interest for North Sea crude oil cargoes, resulting in a sharp increase in price for a number of key grades, has negatively impacted Northwest European refinery margins, according to traders Wednesday. The cracking yield ...
Tags: Refinery, crude oil cargoes
Demand from China, Japan, and USA will represent about 50% of the total worldwide market share in 2014. Due to the recovery of the European market and the rise of the emerging markets, supply and demand in the PV industry will be able to ...
Tags: PV Energy, Solar Cell
The record for the longest duration echo in a man-made structure has been decimated by a single shot from a blank loaded pistol—an amazing 112 seconds. It happened inside an oil storage tank buried in the hard rock of a hillside in ...
Tags: Consumer Electronics, Electronics
Wednesday's Closing Grain and Livestock Futures Mar. corn closed at $4.25 and 3/4, down 5 and 3/4 cents Mar. soybeans closed at $13.18, up 11 cents Mar. soybean meal closed at $434.50, up $4.40 Mar. soybean oil closed at 37.99, up ...
A carbon nanotube sponge capable of soaking up water contaminants, such as fertilisers, pesticides and pharmaceuticals, more than three times more efficiently than previous efforts has been presented in a new study published today. The ...
For the first time in its production history, Altos Hornos de Mexico (AHMSA) exceeded the annual level of 4 million tons of crude steel and finished 2013 with a total volume of 4.155 million tons--7 percent more than the 2012 total. The ...
Tags: Steel Production, Mineral