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
Speaking at the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting taking place on March 3-5 in Doha, Adel Al-Mughram, senior marketing manager at Saudi Arabian company SABIC, underlined that oil is critical of Saudi Arabia and crude ...
A number of positive signs are starting to emerge regarding the U.S. economy, but there remain political and global headwinds that could slow growth, according to a new report. The Manufacturers Alliance for Productivity and Innovation ...
Tags: Manufacturers, Manufacturing production, Manufacturing
In 2012, BASF reduced its greenhouse gas emissions by 31.7% per metric ton of sales product and increased its energy efficiency by 19.3% compared with baseline 2002. The number of work-related accidents dropped in the same period by 48%. ...
Substantial progress has been achieved recently by Bayi Steel X70 grade pipeline steel in passing entrance qualification of CNPC. Bayi Steel was formally recognized as CNPC's qualified supplier of X70 grade pipeline steel after over ...
Tags: Bayi Steel, X70 grade pipeline steel, entrance qualification of CNPC
US commercial crude stocks failed to fall for the sixth straight reporting week data from the Energy Information Administration showed Wednesday, climbing 1.13 million barrels over the week ended February 22 to 377.518 million barrels, ...
Germany's Wintershall expects to increase its oil and gas output in 2013 mainly as a result of higher volumes from its operations in Russia, Norway and Libya, the company's parent BASF said Tuesday. In its outlook for 2013, BASF said ...
NYMEX April crude settled 29 cents higher at $93.13/barrel Friday after a largely rangebound trading session, bouncing back slightly after a two-day selloff. "We're pretty unchanged with the market attempting to stabilize after the ...
The UN study suggests solar-powered lighting would significantly lower global carbon emissions The United Nations has carried out an assessment into the benefits of solar-powered lighting. The report which was carried out by the United ...
On February 20, China’s Ministry of Commerce announced that in January this year the country’s exports of mechanical and electrical products saw a month-on-month rise of 25.1 percent to $105.81 billion. In the same month, ...
The UK government Friday gave its consent to Norway's Statoil to go ahead with the $7 billion Mariner oil field development which is set to be the UK's biggest new North Sea project in more than a decade. Statoil took the final ...
The Kingdom of Saudi Arabia has a huge petrochemical industry, but it has not translated into growth of downstream textile industry in the country. By 2015, the overall output of Saudi petrochemical industry is likely to cross 80 ...
Tags: Saudi Arabia, petrochemical industry, textile industry
The Australian sharemarket rose to a fresh four-and-a-half year high today as positive domestic earnings reports and further signs of improvement in the global economy encouraged investors to continue moving money from cash and bonds to ...
Tags: Australian sharemarket, earnings, equities
A senior Turkish government official has told the Hürriyet Daily News that the Turkish government will continue to encourage Turkish energy companies to sign more agreements with the Kurdistan Regional Government, despite what it ...
Tags: oil, gas, Investment
Adria-Wien Pipeline GmbH (AWP) has upgraded custody-transfer measurement on the Adria-Wien pipeline in Austria by replacing existing turbine flowmeters with Micro Motion® ELITE® High Capacity Coriolis flowmeters from Emerson Process ...