--Light, sweet crude for April delivery rises 76 cents to $102.59 a barrel --Overall inventories grow less than expected --Continued supply reductions at key U.S. delivery point U.S. oil prices rose Wednesday after weekly U.S. ...
The European Commission is to report by 2017 if governments should be required to notify it of planned gas, oil and coal extraction projects and small renewable energy projects under amended EU rules adopted late Thursday by EU ministers ...
Australian Direct Nickel and Indonesia's Antam are looking to complete the feasibility study for their joint venture plant in Halmahera Island by first quarter 2015, a Direct Nickel spokesman said Monday. Last month, the two companies ...
Tags: Nickel, stainless steel
Alcoa has announced it will permanently close its Point Henry aluminium smelter and two rolling mills in Australia. The smelter and an adjacent rolling mill are located in Geelong, Victoria. The second mill and a recycling facility are ...
Tags: aluminium, Metallurgy, Mineral
Indian refiner Mangalore Refinery and Petrochemicals Ltd is close to completing the long-drawn-out third phase of its expansion project, which will see a new petroleum fluid catalytic cracker and delayed coker unit come onstream at its 15 ...
Tags: Refinery Expansion, Metallurgy
Russia's gasoline and naphtha exports rose in January, as the cheaper ruble versus the US dollar made export netbacks more attractive, trading sources said. According to Energy Ministry figures, 384,370 mt of gasoline were exported in ...
The Ugandan government has signed a long awaited deal with UK-based Tullow Oil, Total and China National Offshore Oil Corp, to develop its oil sector, paving the way for the country's first commercial crude production. The pact details ...
Tags: Oil Development, Mineral
Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...
Tags: Gas, Refining Margins
Keeping cool will be the focus of this year's winter Las Vegas Market, as Tempur Sealy launches the new Optimum, the first mattress to feature cooling gel foam from the top to the bottom of the mattress. The new Optimum Collection will ...
Tags: Smart Technology, Mattress
BEIJING, Jan. 23 (Xinhua) -- China will see a wider shortage of paraxylene (PX) supply in 2014, a research report warned on Thursday. The supply gap will be up to 9.5 million tonnes in 2014, said a report by the economics and technology ...
Tags: PX, Sinopec, Chemical, environment
In Q4 Unipetrol Group posted operational profit EBITDA LIFO of CZK 252m. Due to lower petrochemical and refinery production sales, as well as refining margins, revenues of the Company decreased by 5% y/y and in Q4 amounted at CZK 25.070 bn. ...
Tags: Unipetrol Group, Textile
Africa's biggest oil producer seeks balance between its profits and benefits in emerging markets such as China As Nigeria's government prepares to implement the Petroleum Industry Bill that will provide "long-term" investment prospects, ...
Tags: oil producer, Mineral
A team of Lawrence Livermore National Laboratory scientists are using mini-satellites that work as "space cops" to help control traffic in space. The scientists used a series of six images over a 60-hour period taken from a ground-based ...
Tags: Consumer Electronics, Electronics
Ethylene spot prices have softened marginally for the first time since December 6 as feedstock naphtha prices fell, sources said. Ethylene was assessed at Eur1,000/mt ($1362) FD NWE Wednesday, down Eur7.50/mt on the day. Naphtha was ...
Republic Steel Executive Vice President-Commercial Ted Thielens said this week that the company’s new EAF is almost ready to resume production after weeks of repairs necessitated by a fire on November 30 that destroyed control ...
Tags: Fire-Damaged EAF, Mineral