The establishment of an Asian regional gas trading hub is still at least five years away, International Gas Union President Jerome Ferrier told a press conference in Sydney Tuesday. LNG importers in Asia are studying plans to establish a ...
Tags: LNG importers, gas, natural gas
March rolled in like a lamb and out like a lion for ULSD exports from the US Gulf Coast, which have seen an uptick within the past week, market sources said Monday. Higher prices in Europe and a refining issue in South America have ...
Tags: ULSD Exports, ULSD barrels
Although this week’s trading action may have felt like a victory for the bears, the chart reveals that the market has actually moved sideways in the last 15 sessions, with May closing in a tight range between 91 and 94 cents since ...
Tags: Cotton Futures, Mixed Trends, balance sheet
Kazakhstan's natural monopoly regulator AREM has approved raising the crude oil export shipment tariff for national oil pipeline operator KazTransOil by 20% from the current level to Tenge 5,817.20 ($31.57)/mt per 1,000 km from April 1. ...
Tags: Crude Oil, Tariff, natural monopoly
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
US Gulf Coast crude stocks climbed to their highest level on record in the week that ended Friday, hitting 200.3 million barrels, as growing pipeline capacity from Cushing, Oklahoma, sends barrels surging south, according to data released ...
Tags: Crude Stocks, pipeline capacity, refinery
German plate producer Dillinger Hütte has announced its financial results for 2013, stating that a weak economic environment and worldwide overcapacities placed extreme pressure on the heavy plate market. With utilization of capacities ...
Tags: plate producer, Dillinger Hutte, plate Price
Expedited regulatory approval of proposed US liquefied natural gas export terminals would not lead to their immediate construction nor to near-term deliveries of US gas into Europe, panelists at a Senate hearing said Tuesday. Several US ...
Emerson's FIELDVUE DVC6200 Series digital valve controller has racked up more than 1 billion hours of online use within the process and energy industries since its introduction in 2010. Steve Hagen, FIELDVUE product manager, credited the ...
Tags: Integrated Chemical Facility, Ammonium Nitrate Facility
According to a report released Thursday by the US Department of Transportation, three of the five transportation modes--the surface transportation modes of truck, rail and pipeline--carried more US trade with North American Free Trade ...
Tags: freight, Transportation
State-owned PetroChina lost some Yuan 49 billion ($7.9 billion) last year importing natural gas from foreign suppliers and selling it at lower domestic prices in China, the company revealed Thursday when it released its 2013 financial ...
Tags: Natural Gas, PetroChina, pipeline gas
An important partnership creating jobs and consolidating Quebec's energy supply Friday, Mar 21, 2014 MONTREAL, March 20, 2014 /CNW Telbec/ - Louis-Marie Beaulieu, Chairman of the Board and CEO of Groupe Desgagnés and Ross R. Bayus, ...
Tags: Transportation, Service, power
Not content with selling gas domestically, some of China's private gas distribution companies are becoming increasingly ambitious and are planning to enter the LNG import business, competing directly with state-owned LNG buyers such as ...
Tags: Gas, LNG Imports, Natural Gas
Ukrainian mining and steel producing group Metinvest has stated that its metallurgical plants manufactured 33 new products in 2013. The economic benefit from these new products was $42.5 million. Several Metinvest enterprises - Yenakiieve ...
Tags: mining, producing group, Metinvest
US March propylene contract prices were fully settled 1.5 cents/lb ($33/mt) lower from February, market sources said Friday. The decrease is the second consecutive decline in contract pricing this year, and puts chemical-grade propylene ...