Chinese steelmaker Bayi Steel's 1750 hot rolled unit has successfully rolled high-quality X80 pipeline steel which meets a high technical standard. X80 pipeline steel, a grade of steel plate with high strength and high corrosion ...
Tags: Steel, Metallurgy, Mineral
Indian refiner Mangalore Refinery and Petrochemicals Ltd is close to completing the long-drawn-out third phase of its expansion project, which will see a new petroleum fluid catalytic cracker and delayed coker unit come onstream at its 15 ...
Tags: Refinery Expansion, Metallurgy
US refiner Phillips 66 will move forward with $3 billion plans to build a natural gas liquids fractionator and an LPG export terminal in Texas, the company said Friday. The 100,000 b/d "Sweeny Fractionator One" will be located in Old ...
Tags: LPG Export, refiner
The estimated production margin for a typical US Midwest dry-mill ethanol plant in the week ending Friday fell 8.98 cents, or 15.04%, to a 28-week low of 50.73 cents/gal, a review of US Department of Agriculture and Platts data showed. ...
Tags: dry-mill ethanol, Chemicals
Cost control and the changing face of competition from natural gas emerged as major themes facing the coal industry as the CoalTrans USA conference wrapped up Friday in Miami. While long-term forecasts for US coal production split between ...
Tags: Cost Control, Natural Gas
China predicted to use 45 billion cubic meters of gas by 2030 As China strives to convert to cleaner energy, its liquefied natural gas production capacity will soar in 2014, with higher profits supporting more projects. Fifty-five ...
Tags: LNG Growth, Mineral
China saw its aggregate volume of natural gas imported from overseas jump 25 percent year on year in 2013, approaching one-third of its apparent consumption, a new report has showed. The country imported 53 billion cubic meters of natural ...
Tags: Natural Gas, Chemicals
Rapidly increasing natural gas demand led to a surge in imports to China last year. Total consumption of natural gas last year rose 13.9 percent with total consumption hitting 167.6 billion cubic meters, according to a report by China ...
Tags: Natural Gas, Petroleum
Argentine polymer and synthetic rubber output fell 4.6% in December compared with the year-ago period, state statistics office Indec said Friday. Production of the petrochemicals rose 0.6% in December compared with November, and was down ...
Tags: Argentina Polymer, Polymer, synthetic rubber
China's apparent demand for gas in December rose 14.1% year on year to a record high of 16.26 billion cu m, according to Platts calculations of recently released government data. China does not release consumption data on gas. Platts ...
Tags: natural gas, gas demand
Supply offers nation more import sources, enhances energy security Energy-rich Russia has started delivering crude oil to China as of the beginning of the year after the contract signed between the two countries last June, which will ...
Tags: Oil, energy security
China has huge potential for liquefied natural gas (LNG) development, according to the organizer of an international industry event underway. Pat LaStrapes, vice-chairman of the World LNG Fuels 2014 event committee, told Xinhua he saw the ...
Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...
Tags: Gas, Refining Margins
In 2013, CAMC achieves a doubled sales volume in Tianjin market, selling 383 units from 175 units in 2012 in addition to Xingma special vehicle equipped with CAMC chassis. According the Jia Chaoqun, regional sales manager of Tianjin area, ...
Tags: improvement of market environment, expand customer base
China is expected to continue increasing energy efficiency this year, resulting in muted growth in oil and coal consumption, according to new projections unveiled by the National Energy Administration on Friday. Total energy consumption ...
Tags: NEA, Five-Year Plan, coal-to-gas production, FYP