Daimler Trucks has delivered 120 of the 140 Freightliner trucks ordered by two transport and logistics companies in Mexico. Of the total, 90 trucks were ordered by Express- and package delivery service Estafeta, while the remaining 50 ...
Tags: Daimler Trucks, freightliner trucks, chain management, air freight
Japan's government is likely to provide insurance for tankers that import Iranian oil to Japan in the wake of the European Union sanctions on Iran in July 2012. The Nikkei business daily was cited by Reuters as reporting that it is ...
Tags: Japan, liability exposure, oil imports, Iran
Japanese tire maker Bridgestone in collaboration with Ajinomoto has developed polymerised high-cis polyisoprene (IR), a synthetic rubber produced using bio-based isoprene, a substance produced from biomass raw materials using fermentation ...
Tags: synthetic rubber, raw materials, polymerised high-cis polyisoprene
Gulf News reported that the recently issued World Oil Outlook report by OPEC comes at a time when the oil refining industry is passing through many changes around the world. While the refinery distillation capacity is stagnant in the US, ...
Tags: OPEC, oil refining industry, refinery
BR reported that crude oil and gold prices scored one month highs this week boosted by Middle East tensions the faltering dollar and upbeat economic data but other commodities diverged amid holiday curtailed US trade. Dealers said that ...
Sinopec Group has announced closure of two refineries, one of which also has a petrochemical plant, in China’s southern province of Guangdong for checking environmental problems. The two plants – Sinopec Dongxing refinery ...
Tags: Refineries, Sinopec Group, petrochemical plant, crude oil process
Williams Partners and Williams announced an agreement for Williams Partners to acquire Williams'approximately 83-percent undivided interest in the Geismar olefins production facility,as well as Williams'refinery-grade propylene splitter ...
International Petroleum Investment Co., owned by the Abu Dhabi government, is planning to construct 70,000 barrels per day naphtha cracker facility in the Emirate, Salem Kelil, technical adviser to the government, said while speaking at a ...
Japan's lower house of parliament has endorsed a bill to allow Japanese government to insure Iranian crude oil importing shipments, in an effort to counter new US-European Union sanctions against Iran. Yet to be voted by the upper house, ...
Tags: Japan, Iranian crude oil, oil import, insurance policy
Major issues still need to be addressed, but presuming the United States gets its fiscal house in some semblance of order, the U.S. economy could be in a transition from sluggish growth to a longer period of moderate growth, according to a ...
Tags: MAPI, GDP growth, Manufacturing production
Kazakhstan Today reported that participants of the Kazakhstan and Sri Lanka Business Forum have discussed areas of common interests between the two countries including travel, transport and logistics to increase the current trade between ...
Tags: oil exploration, Kazakhstan, Sri Lanka, business forum, hydrocarbons
Demand for oil and gas infrastructure equipment is forecast to rise 6.3 percent annually through 2016 to $12.1 billion. Advances will benefit from the development of shale plays, especially in areas that have not until recently been major ...
Tags: Oil and Gas Infrastructure, oil and gas infrastructure equipment
Gulf News reported that the UAE’s state run energy giant Abu Dhabi National Oil Company will lease oil storage facilities in South Korea capable of storing six million barrels of crude for three years. Korea National Oil ...
Saudi Arabia is pushing ahead with a major project to develop the world's fifth largest oilfield which will pump nearly 900,000 barrels per day of heavy crude and 90 million cubic feet per day of sour gas. State owned Saudi Aramco said ...
Tags: oilfield, Heavy crude oil, crude oil
Kazakhstan Today reported that Switzerland based ABB has won a sub contract to supply power equipments for the hydrocarbons production complex at Atyrau refinery in Kazakhstan. According to Energy Business Review, the company won the ...
Tags: power equipments