The NYMEX January natural gas futures contract settled at $1.990/MMBtu Friday, down 2.5 cents. A prompt-month contract has not settled lower since reaching $1.975/MMBtu on April 24, 2012. The fall in the January contract comes as the ...
Tags: Natural Gas, temperatures, prices
Russia is against an increase in global crude production, rather than favouring a reduction, and remains pessimistic about the possibility of Moscow and Riyadh reaching a production coordination deal, Russia's energy minister Alexander ...
Tags: crude production, OPEC, oil prices
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...
Certain LED manufacturers have turned their attention to niche lighting market applications in the wake of declining LED profits, but MLS is ambitiously vying the IC semiconductor industry and emerging markets to boost its profitability in ...
Tags: MLS, IC Semiconductor, LED display
Online search giant Baidu Inc said on Monday that it has set up a new business unit to spearhead its automobile efforts and plans to put self-driving cars on the roads in the next three years. The Beijing-based company, which successfully ...
China will extend its electronic invoice system to nationwide coverage in 2016 to better regulate taxation of online businesses. It's expected to help curb tax evasion by users of C2C platforms, where individuals can easily open virtual ...
Tags: Electronic Invoice, invoice
Charter NEX Films, a producer of high-performance polyethylene films, has completed the acquisition of Optimum Plastics, Inc. in an all-cash transaction for an undisclosed amount. Charter NEX supplies flexible packaging converters with a ...
The UK fishermen will now be able to apply for a share in the €243m new European Maritime and Fisheries Funding (EMFF) to mold their businesses according to the modified Common Fisheries Policy (CFP), which intends to aid their ...
Nestlé UK & Ireland announced it has reached its target to source 100 per cent certified sustainable cocoa for its chocolate confectionery and biscuits becoming the first major confectionery company in the UK and Ireland to do so. ...
Royal Philips, the global leader in lighting and the City of San Jose officially announced a project to pilot 50 Philips SmartPoles, which bring together energy efficient LED lighting and fully integrated 4G LTE wireless technology by ...
Tags: Philips, Smart Streetlights, LED luminaires
On December 1, Arts Brookfield debuted a visually stunning installation created by the award-winning design firm Rockwell Group. Luminaries is a reimagined holiday tradition—a spectacular lighting display that follows the glass ...
Tags: Luminaries, LED Lanterns
Havells India, a manufacturer of lighting and electrical products, plans to sell most of its stake in European lighting system and fixtures company Sylvania. Sylvania is one of the four leading lighting brands in Europe and Latin America. ...
Tags: Havells, LED lightings, electrical products
Swiss confectionery company Nestle will make its entire range of chocolates and biscuits from 100% sustainable cocoa. These products would be sold across UK and Ireland. Starting January 2016, the entire range of Nestle chocolates and ...
Heidelberger Druckmaschinen will be exhibiting the digitized future of the print media industry under the motto "Simply Smart". At its heart, this topic is about the pressing need for print shops to continuously improve their efficiency ...
Tags: Printing Solutions, Drupa 2016