Possible deals said to be in the works with Exxon Mobil, Russia's Lukoil PetroChina Co, China's largest oil explorer, may join with United States-based energy giant Exxon Mobil Corp to co-develop the West Qurna oilfield in Iraq, which ...
Tags: Petrochina, Chemicals
The Asia-Pacific region will continue to be the largest market in the world for Purified Terephthalic Acid (PTA) by 2020, thanks to the region’s improving living standards, cross-industry usage of PTA products and expanding ...
Tags: PTA Demand, textile
The top three carriers on Today's Trucking's Top 100 For-Hire Canadian fleets — TransForce, Mullen Group, and Vitran — have finished reporting their second-quarter 2013 results. Each company reported revenue drops of various ...
Tags: Transforce, Mullen
EOG Resources is reaping such high volumes of liquids from key US resource plays that it has raised its 2013 year-over-year production growth target for oil and condensate to 35% from 28%, its executive chairman said Wednesday. At the ...
Industrial Production Operation in July 2013 National Bureau of Statistics of China 2013-08-09 15:38:20 In July 2013, the total value added of the industrial enterprises above designated size was up by 9.7 percent year-on-year (the ...
Oil prices surged on Thursday as economic data around the globe added optimism to economic growth. In the week ending July 27, the advance figure for seasonally adjusted initial jobless benefits claims decreased 19,000 to 326, 000, the ...
Tags: Oil Prices, Global Growth Optimism
Oil prices advanced on Wednesday after a report showed that U.S. economic growth was higher than expected in the second quarter of the year. The U.S. real gross domestic product (GDP) increased at an annual rate of 1.7 percent in the ...
Tags: Oil Prices, Economic Data
Calgary, Alberta-based TransCanada said Thursday that it will move forward with the 1.1 million barrel per day (bbl/d) Energy East Pipeline project based on binding, long-term contracts received from producers and refiners. The conclusion ...
Tags: Crude Oil Pipeline, Mineral
According to report released by China's Ministry of Commerce (MOC), the average steel prices during July 22nd and July 28th increased by 0.2% from a week ago. In the given period of time, the average prices of rebar with diameter of 12mm ...
Tags: Construction, Steel
Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has been awarded a project management and consultancy (PMC) services contract by the Nghi Son Refinery and Petrochemical Limited Liability ...
Tags: Petrochemical Plant, Foster Bags
Asian styrene monomer prices rose $8/mt from Wednesday's assessment, with Thursday morning pegs assessed at $1,808.50/mt FOB Korea and $1,837.50/mt CFR China amid market talk that Saudi Petrochemical Co, or Sadaf, has shut its 580,000 ...
Tags: Asian styrene monomer, Chemicals
Mullen Group’s second quarter net income rose 13% to $20.9 million this year, once adjusted for any unrealized foreign exchange gains and losses and the change in fair value of investments. Mullen’s Q2 revenue was $310.3 ...
Tags: Mullen Group, Capital Spending
China's Ministry of Commerce (MOC) has announced that during last week (July 15-21) the average steel price in China rose by 0.3 percent compared to the previous week. In particular, in the given week prices in China of 145 mm x 20 mm hot ...
Tags: Average Steel, Slight Rise
OPEC would need to cut production sometime in the second half of 2013 or early 2014 to stave off "a large drop in prices," Kuwait's leading bank said in a report over the weekend. In its latest economic bulletin, released late Sunday, the ...
Tags: Crude Output, Kuwait Bank
US Senate Commerce Committee Chairman Jay Rockefeller has asked the General Accountability Office to examine the impact of shale oil and gas development on pipelines, rail and other transportation infrastructure and safety, in light of the ...