U.S. crude-oil futures dropped to a four-month low Wednesday after government data showed inventories rose more than expected last week. The Energy Information Administration said crude oil stocks rose by 4.1 million barrels, compared ...
Tags: crude oil, Oil, Metallurgy, Mineral, Energy
Oil giant PetroChina Company Limited on Tuesday announced a 9.6-percent increase in its net profit for the first three quarters of 2013 as the company managed to adapt to market changes. Net profit during the Jan.-Sept. period came in at ...
Tags: Metallurgy, Mineral, Energy, Oil
State-owned PetroVietnam and Rosneft are expected to sign two upstream pacts and a crude oil sales deal during Russian President Vladimir Putin to Vietnam early next month, PetroVietnam said Wednesday. One is to do with PetroVietnam's ...
Tags: Metallurgy, Mineral, Energy, crude oil, Oil
According to a new report from Frost and Sullivan, the Indian automotive coatings market has witnessed growth over the past two to three years due to growth of the automotive industry, both in the new and used car segments. Increased ...
Japan's Tokyo Electric Power Company used around 450,000 kiloliters, or 91,000 b/d, of crude and fuel oil for power generation in October, up 50% from the 300,000 kl it had planned to consume earlier, a source close to the matter said ...
Tags: Metallurgy, Mineral, Energy, fuel oil
China's Ministry of Commerce (MOC) announced that during last week (Oct. 21-27) the overall average finished steel price in China declined by 0.3 percent week on week. In the given week, average prices of 50 mm x 50 mm equal angle, 12 mm ...
Tags: Finished Steel, Steel Plate, Steel Price
LyondellBasell Industries announced earnings from continuing operations for the third quarter 2013 of $1.51 diluted earnings per share or $854 million. Third quarter 2013 EBITDA was $1,531 million. Third-Quarter 2013 Highlights - ...
Tags: LyondellBasell Industries, Textile
China's crude oil output reached 155.19 million tonnes in the first three quarters, a year-on-year increase of 2.3 percent, according to data from the country's top economic planner. During the January-September period, China refined ...
Mongolia on Friday unveiled a raft of new investment agreements with China--including an oil-exploration deal—that Mongolian Prime Minister Norovyn Altankhuyag said in an interview would build up the landlocked country's ...
Tags: oil-exploration, crude-oil
The price of crude oil fell below $100 a barrel Monday (October 21) after the U.S. government reported an increase in supplies. Metals prices were broadly higher and crop prices were mixed. Crude oil for November delivery fell $1.59, or ...
Tags: Crude Oil, oil, Metallurgy, Mineral, Energy
Canadian Pacific expects to expand further into the crude business by railing more heavy grades from Western Canada as new loading terminals are put into service, the rail company's executive vice president said Wednesday. "Over time we ...
Tags: Crude oil, Metallurgy, Mineral, Energy
Russia will supply an additional 10 million metric tons of crude oil to China a year over the next decade, visiting Russian Prime Minister Dmitry Medvedev said during an online chat with netizens on Tuesday. The deal, to be done by ...
Tags: Metallurgy, Mineral, Energy, Oil
China's Ministry of Commerce (MOC) announced that during last week (Oct. 14-20) the overall average finished steel price in China declined by 0.1 percent week on week. In the given week, average prices of 3 mm hot rolled sheet, 80 mm x 43 ...
Tags: Metallurgy, Mineral, Energy, Finished Steel
Russia and China on Tuesday signed an agreement by which Russia will supply an additional 10 million tonnes of crude oil to China each year over the next 10 years, Russian Prime Minister Dmitry Medvedev said in Beijing. "(We) will supply ...
Tags: Medvedev, Additional Oil
Asian demand, especially by China, is exploding, but benefits to the nation are years away The global liquefied natural gas war is heating up with an increasing number of companies adding to their production capacities, driven by the ...
Tags: Natural Gas, Energy Darling