The government is expected to raise import duty on refined edible oil to 10%, from 7.5% at present, to protect the domestic oil refining industry. A Cabinet note regarding this has already been circulated by the Food Ministry, sources ...
Tags: Chemicals
Hopping onto the shale gas bandwagon is high on the agenda for just about everyone. The U.S., which has led the way in developing hydraulic fracturing technology, and in sheer scale of shale exploration, has transformed itself from one of ...
Tags: Chemicals
The twelfth meeting of China - Venezuela Senior Mixed Committee was held in Beijing, at which relevant units of the two countries signed a number of cooperation documents on oil, electricity, agriculture, industry, technology, communication ...
Tags: economy, Loans, cooperation
China's top three oil and gas producers have signed up for bidding for a block of a deepwater oil field in Brazil, each. Brazil will hold a bidding for a pre-salt block in the Libra oil field and the first round is scheduled to be held on ...
Tags: Metallurgy, Mineral, Energy, gas, oil
The slide in LPG prices over the past four days on abundant supply and an Asian demand pause has sent physical values to six-week lows and flipped the paper market to the steepest contango structure since early July 2012, market sources ...
Tags: Metallurgy, Mineral, Energy
Thailand has officially announced a significant rise in its crude reserves as of end-2012, with its probable and possible reserves jumping 10% and 32% year on year to 421 million barrels and 277 million barrels respectively, data released ...
Tags: Crude Reserves, Mineral
China's top securities regulator said on Friday that it has approved iron ore futures trading on the Dalian Commodity Exchange. The approval came one week after the relaunch of treasury-bond futures on the China Financial Futures Exchange ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
The outlook for coatings producers in Europe has suddenly brightened after prospects for higher sales and profits appeared to be gloomy earlier in the year. The financial results of some leading players among coatings producers and raw ...
Tags: Construction, Coatings
South Korea's import prices rebounded last month due to higher oil prices that offset the local currency's appreciation against the U.S. dollar, central bank data showed Wednesday. In local currency terms, imports prices rose 0.7 percent ...
Tags: Oil, Metallurgy, Mineral, Energy
The Hainan property insurance branch of Pacific Insurance officially signed an insurance cooperation agreement with CEFC Hainan Oil Base to exclusively cover all risks for the latter's Yangpu petroleum reserve base project, with total ...
Tags: Pacific Insurance, Insurance
Made in France but affordable, Flax cones are oriented towards acoustic performance, high-tech and give an original design to the brand’s speaker drivers! After more than five years of research and development, engineers at Focal ...
Tags: Flax Fibers, Focal
Industrial Production Operation in August 2013 National Bureau of Statistics of China In August 2013, the total value added of the industrial enterprises above designated size was up by 10.4 percent year-on-year (the following growth ...
Tags: Industrial Production, Service
Refining capacity expansions in China have been largely on track this year although the country's relatively weaker growth in oil demand could delay some projects and result in lower utilization rates, analysts said this week. Up to 1.3 ...
Tags: oil, Metallurgy, Mineral
Yemen's main oil export pipeline has resumed pumping crude after it was repaired following an attack last week, the interior ministry said in a statement on Sunday Tribesmen in the northeastern province of Marib blew up the pipeline on ...
Tags: Oil, Metallurgy, Mineral, Energy
The CFR Taiwan/China paraxylene price benchmark fell $8.50/mt from Friday to be pegged at $1,511.50/mt early Monday, after negotiators reached no settlement for September Asian Contract Prices, market sources said. Market sources said ...