Russia's export of ESPO Blend crude loading from Kozmino port is fixed at 19 cargoes in May, the highest monthly figure since exports of the grade began in December 2009 and up from 17 in April. The increase is in line with the completion ...
Tags: Metallurgy, Mineral, Energy, oil
Chinese state company PetroChina has completed a new crude oil pipeline linking Lanzhou in northwest Gansu province with Chengdu in central Sichuan province, the company said on its website Friday. "From now, there will be 10 million ...
Tags: Petrochina, Crude Pipeline, Chemicals
Shell's Nigeria unit may be forced to shut down completely its key Nembe Creek oil pipeline in the Niger Delta following repeated attacks on the facility by thieves siphoning crude, the chairman of Shell companies in Nigeria, Mutiu Sunmonu, ...
Tags: Shell, oil pipeline, oil
UK natural gas for same-day delivery rose to 108 pence/therm Monday morning -- a price the market has not closed above since 2006 -- due to unplanned North Sea outages. Stormy weather caused a failure in the Norwegian power grid system ...
Tags: gas, natural gas, oil pipeline system
Propelled by rising demand in North America’s shale for oil country tubular goods, Russian United Metallurgical Company (OMK) was to celebrate the opening ceremony for its new pipe manufacturing facility in Houston, Texas, US with ...
Tags: steel pipe plant, steel pipe, steel
Russia and China may reach a basic agreement on the supply of Russian gas to the Asian giant by the end of March -- in time for the visit to Moscow by Xi Jinping, secretary general of the Communist Party of China -- Russia's deputy prime ...
Tags: Gas Supply, Chemicals, basic agreement
Iraq’s Cabinet has authorized the Oil Ministry “to sign an agreement of principles” on two key oil and natural gas pipeline projects, reports Platts. The agreement will be between the Iraqi Oil Ministry, the Iranian Oil ...
Tags: Cabinet, Iran-Syria Pipelines, Iraq
The China Petroleum Pipeline (CPP) company is said to be close to winning a $650-million contract to build a pipeline linking the southern oilfields in Maysan province to the al-Fao [al Faw] storage depots. The chief of state-run Maysan ...
Tags: China, Iraq, Oil Pipeline
Global demand for pumps is forecast to rise 6.4 percent per year through 2016 to $76.1 billion. Although growth will be healthy across the globe (spurred by recovery from the recent economic downturn), the drivers of growth will vary by ...
Tags: pump, pump demand, economic downturn
In 2011, the United States became the world’s largest producer of natural gas, growing by 7.7% between 2010 and 2011. That represented the largest volumetric increase in the world, according to BP’s Statistical Review of World ...
Tags: natural gas, Natural Resource, gas industry
Reportedly, Italian Ilva, the major pipes producer in Italy, has announced that its biggest customer has just cancelled an order for 25,000 metric tons of pipes which has produced by Ilva Taranto. The main products are expected to be ...
Tags: Italian Ilva, pipes, oil pipeline
Italian steel producer Ilva has lost the opportunity to participate in the construction of an oil pipeline in Oklahoma, US. The customer has canceled his order due to not having received part of the order on schedule. Ilva was to deliver ...
Tags: Italy, steel producer, Ilva, steel pipe
Reuters reported that a strategic pipeline for the UAE's oil exports to bypass the Strait of Hormuz could face more delay due to differences with the Chinese construction company. The pipeline will have a capacity of around 1.5 million ...
Tags: UAE New Oil Pipeline, Strait of Hormuz, Chinese construction company
AFP reported that Russian President Vladimir Putin unveiled the final extension of a new USD 25 billion oil pipeline to the Pacific that marks the energy power's gradual shift away from weak European markets. The East Siberia-Pacific ...
Tags: AFP, Vladimir Putin, energy power, oil industry
Moscow hasn't reached any agreement with Minsk on supplies of 23 million mt of Russian crude oil to Belarus in 2013, Russia's energy ministry said Friday in a statement, denying reports in the Belarus media earlier in the day. ...