Australia-based miner Rio Tinto has announced that it expects its capital expenditure to be down by 20 percent in 2013 compared to the previous year, amounting to less than $14 billion. Total capital expenditure is forecast to be reduced to ...
Tags: mineral, capital expenditure
Claxton Engineering Services Ltd, a member of the Acteon Group’s risers, conductors and flowlines business, has celebrated the 10th anniversary of its success with the world’s first rigless platform well abandonment and ...
Tags: energy, engineering services
Caprari S.p.A. has taken a new step forwards and has embarked upon an important project. The decision is based on the need to support a market that demands an increasingly more comprehensive range of products and qualified solutions in ...
Speaking at the 8th SteelOrbis Turkish Steel Market Conference held in Istanbul on November 29, Professor Ercan Tezer, general secretary of Turkey's Automotive Manufacturers Association (OSD), said that next year the Turkish automotive ...
THE local glass industry is booming with RM3bil turnover for both glass manufacturing and processing streams of the industry, said Malaysia Glass Association (MGA) chairman Ho Sai Woo. MGA was the local host for Glasstech Asia 2013, which ...
Tags: galss, technical processing, design
The world of energy has been turned upside down. The reason for this is shale gas. Since the USA began broad-scale production of unconventional gas, the balance in the global energy sector is shifting significantly. The United States is now ...
Tags: Gas, Metallurgy, Mineral, Energy
China is expected to overtake the United States to become the world's largest oil importer in the 2020s as emerging economies, instead of developed ones, will claim most of the world's energy supplies, a report says. China will be the ...
Tags: Oil Importer, Oil, Metallurgy, Mineral, Energy
The international energy agency predicts that in 2016 the United States will become the largest oil producer before Russia and Saudi Arabia. The United States will basically realize energy self-sufficient and reduce its dependence on OPEC ...
Tags: Oil Producer, Oil, Metallurgy, Mineral, Energy
State-owned PetroChina announced Thursday its acquisition of a 25% stake in the West Qurna 1 block in southern Iraq from ExxonMobil. In a brief statement, PetroChina said it "makes formal delivery ... for the acquisition" in the technical ...
Tags: PetroChina, Mineral
Israel-based Smart Medical Systems has announced a strategic pan-European alliance with Pentax Medical to commercialize Smart Medical Systems’ G-EYE endoscope in Europe, the Middle-East and Africa (EMEA). The G-EYE endoscope ...
The eyes of the Rugby world are on the UAE this week with BLK central to the on and off field action. Sol Mokdad, BLK Middle East’s, Managing Director, said demand and interest in the BLK brand has so far exceeded all expectations. ...
Tags: BLK Official Apparel, Apparel
BASF and the Petroleum Institute (PI) of Abu Dhabi intend to develop new processes for removing aggressive sulfur compounds from acid gases in a research collaboration. The two parties signed the agreement these days. The research ...
Tags: BASF, Gas Treatment Research
After the successful organization of the Buyer Seller Meet by AEPC in Tel Aviv last year, the Council once again organized Buyer Seller Meet in Tel Aviv, Israel from 25 –26 November, 2013. The BSM was inaugurated by Mr Jaideep ...
Cisco Systems’s third annual Global Cloud Index forecasts that global cloud traffic will more than quadruple, from 1.2 zettabytes in 2012 to 5.3 ZB in 2017. That works out to about 443 exabytes a month, or about 476 billion GB. ...
Tags: Cisco Systems, Cloud Computing, Forecast
BT has announced a new phase of investments into the economies of the Middle East, Africa, Turkey, and Asia Pacific. BT hopes that by launching more competitive capabilities across a larger number of countries and delivering a ...
Tags: BT, Middle East Investment, Optimistic