Dana Gas, the Middle East's leading regional private sector natural gas Company, announced today that it has received from the Egyptian Government authorities the payment of AED 194 million (US$ 53 million) from the current total ...
Tags: Dana Gas, AED, Egyptian Government, Investment
China's apparent oil demand in November contracted 2.1% year on year to 40.88 million mt, or an average of 9.99 million b/d, according to Platts calculations Thursday based on final government data released Tuesday. This is the second ...
Tags: Oil Demand, Oil Product
BASF and Gazprom signed the final agreement to swap assets of equivalent value. Through the swap, the BASF subsidiary Wintershall will further expand its production of oil and gas and exit the gas trading and storage business. The ...
China will encourage Chinese steel enterprises suffering from overcapacity to transfer their businesses to overseas markets where the steel market is still very big, a top official was quoted in a statement published on the website of the ...
Tags: steel enterprises, steel industry
An average 2014 oil price of $81/b for Saudi export crude, or about $85/b for Brent, is likely to be needed for Saudi Arabia to balance state revenues with government spending in the coming year as oil production declines to 9.3 million ...
Tags: Balance Budget, Oil Output
According to the Brazil Steel Institute (IABr), Brazilian crude steel production in the first 11 months of the current year amounted to 31.52 million metric tons, 1.4 percent lower year on year. In the same period, Brazilian rolled steel ...
Tags: steel, metallurgy
In the January-November period of the current year, Kazakhstan produced 3.164 million mt of crude steel, down 11.1 percent year on year, according to the State Statistics Committee of Kazakhstan. Production of flat steel in Kazakhstan in ...
Tags: steel, metallurgy
Russkaya Stal (Russian Steel), a non-prot association of Russian domestic steelmakers, has reported that its main member enterprises produced 4.4 million metric tons of finished steel in November this year, down 4.5 percent from October and ...
Tags: steel, metallurgy
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today the successful results of the first production tests in the CPE-6-1X exploration well and the CPE-6-H2 appraisal well, two new wells drilled during ...
Tags: exploration, oil
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that it has reached an agreement to sell its 5% interest and transportation rights in the Oleoducto Central S.A. ("OCENSA") oil pipeline in Colombia for a ...
Tags: pipeline
Overcapacity and low prices are eating into steel companies' profits, an industry specialist said. Zhang Changfu, secretary-general of the China Iron and Steel Association, said on Sunday that the profits of China's steel companies in the ...
Tags: Steel Companies, Mineral
According to statistics released by the Argentine Iron &Steel Institute, the country’s output of steel products totaled 469,000 tons in November, soaring by 18.7% in comparison of 395,400 tons in the same month of 2012. In the ...
Tags: steel, metallurgy
Forage testing is a tool to determine current nutritive values as well as non-nutritive values in forages that can be used for marketing hay, formulating rations, and determining potential toxicities or other problems (i.e., prussic acid, ...
Tags: Agriculture, Food
China's Ministry of Commerce (MOC) has announced that during last week (Dec.16- 22) the overall average finished steel price in China maintained upward trend for the fifth consecutive week. In the given week, average prices of 10 mm ...
Tags: steel, metallurgy
The Danish Energy Agency (DEA) has approved a temporary production solution at the Siri platform. According to DONG Energy which is the operator of the Siri Fairway fields, this means that production at the Nini, Nini East and Cecilie ...