Indian steel producer Essar Steel has announced that it has received an order for 13,000 mt of high quality steel plates for the Jazan oil refinery expansion project of Saudi Arabian state-owned oil and natural company Saudi Aramco. Essar ...
Tags: steel, metallurgy
Plains All American Pipeline, L.P. (NYSE: PAA) ("PAA") and PAA Natural Gas Storage, L.P. (NYSE: PNG) ("PNG") today jointly announced the completion of the merger of PNG with a wholly-owned subsidiary of PAA, with PNG surviving the merger as ...
Tags: Plains All American Pipeline, PAA Natural Gas Storage, merger
Closing Grain and Livestock Futures Prices Mar. corn closed at $4.23 and 1/2, up 3 cents Jan. soybeans closed at $12.89 and 1/4, up 2 and 1/4 cents Jan. soybean meal closed at $424.50, up 70 cents Jan. soybean oil closed at 38.34, ...
Tags: soybeans, crop development conditions, wheat, corn, crop price
Thailand's crude oil, condensate and natural gas production increased in the first 10 months of 2013 compared with the same period of 2012, but the growth rate has slowed considerably, according to the latest energy ministry data. Crude ...
Tags: Oil, Gas Output
NYMEX February crude settled 87 cents lower at $98.42/barrel Tuesday in low volume, pre-New Year's holiday trade, with the rest of the complex mixed. ICE February Brent settled 41 cents lower at $110.80/b. In products, NYMEX January ULSD ...
Tags: petroleum markets, Mineral
On Thursday, the CME Group corn market is leading the way up, soybeans down. At mid-session, the March corn futures contract is trading 1 1/2 cents higher at $4.23. The March soybean futures contract is trading 18 cents lower at $12.76. ...
Tags: Agriculture, Food, Corn, Soybeans
China's fuel oil imports in November plunged 29.7% year on year to 1.46 million mt, General Administration of Customs data released Friday showed. The total was also down 12.4% from October. The volume refers to fuel oil classified as No. ...
On Thursday, the CME Group soybean market plummeted on improved crop prospects in South America. The March corn futures contract settled 1 1/2 cents lower at $4.20. The March soybean futures contract finished 22 cents lower at $12.70. ...
Tags: Agriculture, Food, Soybeans
Fluor Corporation today announced that it was selected by Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), to provide comprehensive consulting services, specializing in front-end design and project and ...
Tags: Fluor Corporation, Kuwait Oil Company, Middle East projects
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announce the spudding of the Centrica operated ...
Closing Grain and Livestock Futures Mar. corn closed at $4.20 and 1/2, down 1 and 1/2 cents Jan. soybeans closed at $12.87, down 25 and 1/2 cents Jan. soybean meal closed at $423.80, down $13.90 Jan. soybean oil closed at 38.51, ...
Tags: Soybean, Agriculture, Food
Madalena Energy Inc. (TSX-V: MVN) (the "Company" or "Madalena") is pleased to announce the results of a multi-rate production test for the CAN.xr-2(h) horizontal well which is the Company's first horizontal well to be drilled on its ...
Tags: gas resource, energy
Indonesia's state-owned oil and gas firm PT Pertamina aspires its net-profit to rise by 12.79 percent to 3.44 billion U.S. dollar next year as the revenue from downstream and upstream business spheres pick up, a statement from the company ...
Tags: State-Owned Oil, Energy
Dana Gas, the Middle East's leading regional private sector natural gas Company, announced today that it has received from the Egyptian Government authorities the payment of AED 194 million (US$ 53 million) from the current total ...
Tags: Dana Gas, AED, Egyptian Government, Investment
China's apparent oil demand in November contracted 2.1% year on year to 40.88 million mt, or an average of 9.99 million b/d, according to Platts calculations Thursday based on final government data released Tuesday. This is the second ...
Tags: Oil Demand, Oil Product