Analysts believe China may cut the price of refined oil on Friday in response to a drop in global crude oil prices. The moving average of a basket of crude oil prices, to which China's refined oil prices are pegged, dropped 3.23 percent ...
Tags: Refined Oil, Crude Oil
Major players in Indonesia's cement industry have each posted solid growth in revenue in the first half of the year on the back of solid demand for the building material, but that has not translated into profitable results for all of them. ...
Tags: Cement, Construction
Natural gas vehicles (NGV) sale, among the world's seven largest automobile markets, is expected to only reach 7.5 million units by 2020, according to a report for the Lux Research. The slow growth of the vehicle sales is due to the ...
Tags: Natural gas vehicles, Auto
Volvo Australia is offering new vehicle buyers several sweeteners before the end of the financial year including free servicing, fuel and roadside assistance. Dubbed Volvo Freedom, the special offer includes three years free scheduled ...
Indonesia's state-owned oil and gas entity Pertamina has lined up gasoline term imports of 8.9 million-9.1 million barrels for May, down from total imports of 9.48 million-9.68 million barrels in April, trade sources said this week. Of ...
Attention Walmart shoppers (or is that drivers?). The retail giant has just launched a fuel-price rollback that knocks off as much as 15 cents per gallon on purchases at more than 1,000 Murphy USA and Walmart gas stations in 21 states. The ...
Tags: fuel price, Gas, gas stations
UK natural gas for same-day delivery rose to 108 pence/therm Monday morning -- a price the market has not closed above since 2006 -- due to unplanned North Sea outages. Stormy weather caused a failure in the Norwegian power grid system ...
Tags: gas, natural gas, oil pipeline system
On the macro-economy, the State Council released the 12th five year plan about the new energy development. It is released that, according to the whole development trend, it makes a target on the energy consumption volume and efficiency and ...
Tags: State Council, energy development, glass manufacturers
Renault India Pvt. Ltd, the fully owned subsidiary of Renault s.a.s. achieved sales of 35,052 units for the calendar year 2012. The sales for the month of December 2012 stood at 5924 units. Compared to this year the company had clocked 1401 ...
Tags: Renault, automotive industry, automotive, SUV
Reuters reported that the new trading arm of state run Saudi Aramco has finalized a January to June 2013 term contract to sell jet fuel with at least one buyer. Traders said that Saudi Aramco Products Trading Company has agreed to sell ...
Tags: Saudi Aramco, jet fuel, fuel price, Middle East
Essar Energy plc,the India focused integrated energy company,announced that the 600 MW unit 1 of its 1,200MW Mahan I power project has been synchronized with the transmission grid and has commenced generating power. Mahan I,in Madhya ...
Tags: Essar Energy plc, energy company, India, Mahan I project
Economic Times cited the government saying that the production of passenger cars marginally declined by 1%YoY to 15.9 lakh in April to November 2012 due to factors including slow economic growth and high interest rates. Mr Praful Patel ...
Tags: Economic Times, passenger car, SIAM, India
Suez Cement has announced that it may have to halt production at two of its production lines due to an increase in the price of mazut, a heavy, low-quality fuel oil. The Egyptian government has raised the price of the fuel by 130% to ...
Tags: Fuel Price Hike, Cement Production, Cement, Construction
AFP reported that Mr Ahmad Obeidat former premier and intelligence chief joined thousands of Jordanians to protest fuel price hikes, demanding regime reform and the resignation of Prime Minister Mr Abdullah Nsur. Chanted the protesters ...
Tags: fuel price, Jordanians, Mr Ahmad Obeidat, regime reform
Even with gas prices approaching record levels, there's good news for fuel-economy champions: Cars have never been more efficient than today. That's the conclusion of a new study by the University of Michigan, which finds that more ...
Tags: Automotive Fuel Economy, fuel-efficient models, gas bills