The oil complex settled sharply higher Monday as a Russian military intervention in the Ukraine heightened concerns over global oil supplies from Russia -- one of the top oil producers in the world. NYMEX April crude settled $2.33 higher ...
Tags: Oil Futures, Oil
The Norwegian Petroleum Directorate has announced a 4.4% increase in the estimated total recoverable resources offshore Norway to 14.2 billion cubic meters of oil equivalent, boosted by the inclusion of resources from among other things a ...
Hardwood flooring industry veteran and former Floor Trends columnist Richard "Rick" Brian died on Feb. 5 at his home in Southern Pines, N.C., following a brief battle with cancer. He was 66. Brian was past board member of the National ...
Canadian transportation firm TransForce Inc.said its income dropped in the fourth quarter,which it said was mostly due to bad weather. Net income was C$12.3 million,or 13 cents a share in the quarter,down from C$36.1 million,or 37 cents a ...
Tags: TransForce, Transportation, transport
US fuel oil demand fell to a seven-month low of 218,000 b/d in December, while 2013 demand overall was the lowest on record, US Energy Information Administration data published Thursday showed. The Thursday data are monthly numbers ...
US major Chevron expects to start up its Chuandongbei sour gas project onshore China in 2015, a further delay from its last target of late 2013, the company indicated in a filing to the US Securities and Exchange Commission last week. The ...
Tags: Chevron, Gas Project
Nigerian crude values for April are beginning to rise steadily on higher refining margins and healthy demand from Europe, trading sources said Friday. Spot trade in Nigerian cargoes has increased this week, with some high offers and deals ...
Tags: Crude Values, Mineral
Rosneft estimates that crude production from its East Siberian and Russian Far Eastern projects will amount to 55 million mt/year, or 1.1 million b/d, by 2025, a spokesman at Rosneft said Friday. To achieve this, the company plans to ...
Tags: Rosneft, Crude Output
The front-month Brent-WTI spread settled at a fresh five-month low of $6.48/barrel Friday, as steady drawdowns in crude stocks at the Cushing, Oklahoma, delivery hub have lent upside support to WTI, while Brent remains subdued. NYMEX ...
Tags: crude, Brent futures
Russian ultra low sulfur diesel exports may struggle to find a home in the UK in the winter after the country's oil importers agreed earlier this month to enact a new test to assess the fuel's filter-blocking tendency, traders said Friday. ...
We're in the beginning of a world in which everything is connected to the Internet and with one another, while powerful yet relatively cheap computers analyze all that data for ways to improve lives. Toothbrushes tell your mirror to ...
Tags: Service, Consumer Electronics
Using graphite pencils to draw on regular paper, researchers can make some very inexpensive piezoresistive (PZR) sensors. Due to the piezoresistive effect, a sensor's resistance changes under an applied strain, allowing it to sense ...
Tags: Sensor, Electrical, Electronics
Canadian transportation firm TransForce Inc. said its income dropped in the fourth quarter, which was mostly attributed due to bad weather, and Contrans Group reported its earnings increased in 2014. Net income was C$12.3 million, or 13 ...
Tags: Transportation
From the release of connected bracelets, watches and even a smart toothbrush to a future of one-second high-definition movie downloads, the mobile world is developing rapidly. Here are five major trends to emerge at the four-day World ...
Tags: Mobile World, Consumer Electronics, Electronics, smartphone
China's crude oil imports from Iran in January jumped 82.2% year on year to 2.4 million mt, or an average 566,856 b/d, according to final data released by the General Administration of Customs on Wednesday. The imports were also up 11.2% ...
Tags: Crude Imports, Crude