China's crude oil imports in March edged up 0.9% year on year to 23.25 million mt or an average 5.5 million b/d, according to preliminary data released Thursday by the General Administration of Customs. The imports were down 8.8% from ...
Norway-focused iron ore miner Northern Iron said Tuesday concentrate produced at Sydvaranger was being trialed at further sinter plants in Europe, after inaugural cargoes were bought by ArcelorMital and ThyssenKrupp in 2013. Northern Iron ...
In a move that did not entirely come as a surprise, India's Election Commission earlier this week asked the incumbent government to defer a hike in the wellhead price of natural gas that was due to be implemented on April 1. But analysts ...
Tags: Natural Gas, gas pricing, OIL's production
State-owned China Petroleum and Chemical Corp, or Sinopec Corp, posted modest gains in its 2013 upstream and downstream oil and gas production and has pledged to reduce its capital expenditure this year. In its annual financial results ...
Tags: Sinopec, Oil, Gas Output, Chemicals
China aims to cut energy intensity by over 3.9% this year, as it continues its drive to increase energy efficiency and cut emissions, according to a government work report delivered by Premier Li Keqiang Wednesday at the annual session of ...
Tags: Energy Use, energy intensity
China saw its aggregate volume of natural gas imported from overseas jump 25 percent year on year in 2013, approaching one-third of its apparent consumption, a new report has showed. The country imported 53 billion cubic meters of natural ...
Tags: Natural Gas, Chemicals
China's top economic planner, the National Development and Reform Commission, announced on Wednesday it would improve the country's on-grid hydropower pricing mechanism to boost investment in the sector for sustainable development. ...
Tags: Pricing System, Hydropower
China, the world's largest energy user, can maintain steady growth in annual oil and natural gas output beyond 2030, the Ministry of Land and Resources said on Wednesday. Crude oil and natural gas production in 2030 will be more than ...
Tags: Natural Gas, Oil Output
China's latest figures on industrial activities indicated that the world's second largest economy faced worsening overcapacity despite a slew of measures and repeated warnings from the leadership. Analysts said overcapacity was posing a ...
Tags: Overcapacity, China's Economy
China has reduced the retail prices of gasoline and diesel effective midnight Friday by Yuan 160/mt ($26.09) and Yuan 155/mt, respectively, the National Development and Reform Commission said Thursday. At the pump, the resulting ...
Tags: Gasoline, Diesel Prices
The National Energy Administration announced new guidelines for shale gas on Wednesday that aim to increase output of the fuel and thus improve China's energy security. The NEA's guidelines encourage local governments to subsidize shale ...
Tags: Gas, Metallurgy, Mineral, Energy
Corning Incorporated announced that it is entering into a series of strategic and financial agreements with Samsung Display Co., Ltd., intended to strengthen product and technology collaborations between the two companies. These agreements ...
Tags: Samsung, Strategic Collaborations
Chinese steelmakers should reduce the amount of iron ore they buy through long-term contracts in favor of purchasing from the spot market, through trading platforms, the China Iron & Steel Association said Wednesday. "Mills should ...
Tags: Chemicals
Cleveland, Ohio-based Cliffs Natural Resources Inc. announced Tuesday that it has entered into a new agreement with West Chester, Ohio-based AK Steel to supply iron ore pellets from 2014 through 2023. The new agreement includes minimum and ...
Tags: AK Steel, Pellet Supply
Chinese state-owned PetroChina expects shale gas to ultimately account for about 20% of its total gas production and is now progressing plans to accelerate its domestic resources. Speaking at a press conference to discuss its interim ...
Tags: PetroChina, Gas Output