China is expected to exceed Europe to become the largest energy importer in the world by 2035, said a report issued by British oil giant BP. The annual Energy Outlook 2035 report released on Wednesday forecast global energy consumption to ...
Tags: Oil Consumer, Energy Importer
As projected, GDP in the Eurozone expanded by a meagre 0.1% in Q3 2013, as export growth fell sharply. Economic activity is expected to accelerate modestly over the forecast horizon (+0.2% in Q4 2013, +0.2% in Q1 2014 and +0.3% in Q2 2014) ...
China’s manufacturing activities in private and export-oriented companies grew in December at the slowest pace in three months, the latest evidence that structural reforms have slowed China’s economic growth, a survey showed ...
Although oil demand will continue to increase globally, it will become the fuel with the slowest consumption growth because of structural changes in the energy sector, experts said. China will surpass the United States, becoming the ...
China's industrial output and investment growth cooled in November while retail sales unexpectedly picked up, presenting a mixed growth picture. The output from industrial enterprises with annual sales of more than 20 million yuan ($3.29 ...
Tags: economy, industrial output, Retail sales
The average annual rise in China's petroleum use will drop to 2.5 percent during the years 2013 to 2020 as the government tries to slow down economic growth and reduce carbon emissions, said experts. The figure will keep declining to 1.5 ...
Tags: Petroleum Use, Chemical Industry
The best scenario for the Chinese economy in 2014 would be to achieve 7.8 percent GDP growth, a major think tank said on Monday. That could be obtained if all the recently proposed reform initiatives are carried out and the global market ...
China's crude steel consumption for 2013 is estimated at 693 million tonnes and it is expected to grow 3.2 percent year on year to reach 715 million tonnes in 2014, an industry expert said on Friday. Given China's current production ...
Tags: Construction, Steel
NEW DELHI: Fuelled by growth in sectors like real estate, infrastructure, retail, automotive and food & beverages, the country's glass industry will acquire a market size worth Rs 340 billion by 2015 from Rs 225 billion at present, ...
Tags: Glass Industry, 340 Billion
With cement manufacturers in Nigeria rapidly ramping up cement production capacity, Nigeria is now the biggest Sub-Saharan Africa manufacturer of the commodity. According to a Renaissance Capital (Recap) report on the cement industry in ...
Tags: Nigeria, upstage, South Africa, Cement Production
The HSBC purchasing managers' index (PMI) for China rose to a final reading of 50.9 in October from 50.2 in September, unchanged from the flash estimate released previously, HSBC Holdings PLC has announced. The final manufacturing PMI ...
Tags: PMI, Metallurgy, Mineral, Energy
Real steel consumption in the European Union is forecast to decrease by around 3.5 percent in 2013, according to the Economic and Steel Market Outlook 2013-2014/Q4 2013 Report from the Economic Committee of the European Steel Association ...
Tags: Real Steel, Mineral
Governments have been tried to lower carbon emissions, but China and India overuse coal. As a result, coal consumption will surpass petroleum in 2020 and coal will become the key fuel, said Wood Mackenzie. In the World Energy Congress, ...
Tags: coal consumption, petroleum
Kenya s cement industry, the largest in East Africa, will benefit from increased government spending on infrastructure projects and investors should buy shares on price dips, Kestrel Capital East Africa Ltd. said. "Increasing government ...
Tags: Cement, Construction
Research and Markets: Global Glass Packaging: Understanding Challenges and Shaping Future Growth Research and Markets (http://www.researchandmarkets.com/research/dnvp95/global_glass) has announced the addition of the "Global Glass ...
Tags: Glass Packaging, Packaging