Australian exploration and production company Santos produced 12.2 million barrels of oil equivalent in the first quarter of 2014, up 1% year on year, the company said Thursday. Santos attributed the rise to increased oil output following ...
Tags: Gas production, LNG, Crude oil
Brazil's Petrobras has signed a short-term contract with Bolivian counterpart YPFB to increase natural gas imports from the Andean nation, Petrobras said. Under terms of the contract, Petrobras will import an additional 2.24 million cubic ...
Tags: Natural Gas, Brazil's Petrobras, gas-fired power plant
Company reports an increase in uptake of its range of heatable toys in the gifting departments of independent, High Street, home and interior stores, across the globe. Microwavable plush toy specialist, Intelex is on track for “one ...
Tags: Microwavable plush toy, Intelex
Taghleef Industries is pleased to announce that it has entered into an agreement to acquire Derprosa Film from 3i Group, Baring and other minority shareholders. The transaction, which has been approved by the Board of Directors of ...
Tags: Taghleef Industries, Derprosa
US April propylene contract prices settled 1 cent/lb ($22/mt) lower than March's contract prices, sources said Tuesday. The decrease puts the April chemical-grade propylene contract price at 69.50 cents/lb ($1,532/mt) and the ...
Tags: Propylene, chemical-grade
Seepage of residual oil previously leaked from PetroChina Lanzhou Petrochemical Co.'s 10.5 million mt/year (210,000 b/d) integrated refinery and petrochemical complex into the water source for water works was behind the unusually high ...
Tags: residual oil, PetroChina, Petrochemical
Canada's total crude oil output is expected to reach 3.9 million b/d in 2015, some 500,000 b/d more than the current output, driven primarily by small in-situ oil sands developments, each typically 35,000-40,000 b/d, an industry official ...
Tags: Oil Output, oil sands
Strong market fundamentals lead to 30 per cent rise in investment sales volumes. Investment activity has surged to produce a $1 billion result in the first half of 2014, up from $661 million recorded in second half of 2013, according to ...
Tags: Service, Manufacturing, Economy
Heinz has seen a lot of press lately following its acquisition in 2013 by Berkshire Hathaway and 3G Capital for $US28 billion – the largest food company acquisition to date. With Warren Buffet as an investor, it's likely the press ...
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday lowered 39.49 cents, or 19.5%, to a three-week low of $1.6313/gal, a review of US Department of Agriculture and Platts data showed. ...
With the aim of boosting petrochemical output and increasing employment, Iran is planning expansion of petrochemical projects in the western provinces of the country, said Mohammad Hassan Peyvandi, deputy executive manager of the National ...
UK NBP wholesale gas prices eased Thursday morning while retaining some risk premium relating to tensions between Russia and Ukraine. At 11:00 London time, the within-day contract was valued at 51.20 pence/therm, down by 0.25 p/th, and ...
Tags: gas network, LNG tankers, LNG
US March ethylene contract negotiations are still ongoing as US PVC producers are holding out for larger decreases, market sources said Tuesday. "A number of buyers have settled at a 4-cent/lb decrease, however there are at least two PVC ...
Tags: Ethylene, PVC Producers
Stanley Furniture Company, Inc. reported it will cease domestic furniture production in the factory that supports its Young America brand. “We have decided to cease manufacturing operations in Robbinsville,” said Glenn ...
Stand highlights include the introduction of new film technologies for a range of flexible packaging and labelling applications. The company was formerly OPP films business of ExxonMobil. Paul Griffith, executive vice president at Jindal ...