Russian steelmaker Novolipetsk Steel(NLMK)has announced its production and sales data for the fourth quarter and the full year 2013.According to the company statement,NLMK's crude steel output in the fourth quarter increased to 4.06 ...
Tags: steelmaker, steel, crude steel
The Ugandan government has signed a long awaited deal with UK-based Tullow Oil, Total and China National Offshore Oil Corp, to develop its oil sector, paving the way for the country's first commercial crude production. The pact details ...
Tags: Oil Development, Mineral
Oil prices rose sharply Friday on speculation that frigid weather in U.S. would boost the demand for heating oil. The impact of cold weather on demand is the focus of market. It was reported that last month was the coldest January since ...
Tags: Oil Prices, Mineral
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
Japan's direct-burning crude oil demand for power generation has picked up since late December as a cold spell across the country has increased appetite for loadings into March in the absence of nuclear output, industry and trading sources ...
Tags: crude oil demand, power generation
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
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
On January 28, the China Iron and Steel Association (CISA) announced that in mid-January (Jan. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.702 million mt, up ...
Tags: steel products, China
In Q4 Unipetrol Group posted operational profit EBITDA LIFO of CZK 252m. Due to lower petrochemical and refinery production sales, as well as refining margins, revenues of the Company decreased by 5% y/y and in Q4 amounted at CZK 25.070 bn. ...
Tags: Unipetrol Group, Textile
As the harsh winter continues, fears of wheat crop damage is underpinning the CME Group's wheat prices Thursday. At the close, the March corn futures contract settled 2 3/4 cents higher at $4.29. The March soybean futures contract ended 2 ...
Tags: profit-taking, agriculture
According to the World Steel Association (worldsteel), in 2013 global crude steel output reached 1.61 billion mt, increasing by 3.5 percent on year-on-year basis. In December of the same year, world crude steel production for the 65 ...
Tags: Crude Steel, Mineral
In February this year, Ukraine's crude steel production is expected to decrease by 7.8 percent compared to the expected output in January to 2.49 million mt, according to the Ukrainian association of metal producers Metallurgprom. ...
Tags: Crude Steel, Mineral
According to a statement released by the Turkish Iron and Steel Producers' Association (TCUD), in 2013 Turkey's crude steel production decreased by 3.4 percent year on year to 34.65 million metric tons, due to the decreasing price ...
Tags: Crude Steel, Mineral
Russian steelmaker Severstal has announced its operational results for the fourth quarter and full year of 2013. Accordingly, Severstal's crude steel production in the fourth quarter decreased by seven percent to 3.78 million mt, while its ...
Tags: Steel Product, Mineral
As China's economy increase slows, the United States' demand growth for oil outstripped China's last year for the first time since 1999, according to the Paris-based International Energy Agency. According to an IEA report, US oil demand ...
Tags: Oil Demand, Mineral