Based on preliminary Census Bureau data, the American Iron and Steel Institute reported by that the US imported a total of 2,540,000 net tons of steel in October, including 2,059,000 net tons of finished steel (down 2% and up 3%, ...
Tags: US Steel Imports, tin plate, reinforcing bars, line pipe, hot rolled bars
Demand for protective coatings in the European Union has been weakened by the downturn in EU manufacturing due to the euro crisis. But there is a protective coatings segment—coatings for oil and gas pipeline—further east in ...
Tags: protective coatings, EU, euro crisis, coatings for oil and gas pipeline
Reuters reported that Iran will build millions of barrels of oil storage facilities in the Gulf over the next few months in response to international sanctions on its exports. Mr Mahmoud Zirakchian Zadeh MD of the Iranian Offshore Oil ...
Tags: Oil Storage, oil storage facilities, international sanctions
A senior Iranian energy official said that the country will increase its oil storage capacity in the Persian Gulf by 8.1 million barrels with the construction of new storage facilities. Mr Mahmoud Zirakchian Zadeh MD of Iranian Offshore ...
Tags: Oil Storage, construction of new storage facilities, Persian Gulf
Chaucer Syndicate 1084 has introduced a new marine product intended for vessel owners and operators in the offshore renewable energy sector. According to InsuranceTimes.co.uk, the product will be unveiled at the upcoming Seaworks ...
Tags: Chaucer Syndicate 1084, marine product, marine insurance, insurance
Germany-based Siemens introduced an environmental portfolio in 2011 to help reduce gas emissions by 317 million tons. According to Peter Loscher, president and CEO of Siemens, climate change has been affecting people's lives and it is ...
Tags: innovative energy technology, Siemens president, CEO Peter Loscher
A little heralded change to China's crude import rules may have a much greater impact on Asia's fuel oil market next year further depressing margins for the residue. Industry sources said that China National Chemical Corporation may be ...
Tags: teapot, PetroChina, Sinopec, CNOOC, fuel
A senior Iranian energy official says the country plans to surpass Qatar in gas production from the massive offshore South Pars gas field, which is shared by the two countries. Mr Mousa Souri MD of Pars Oil and Gas Company said that ...
Tags: gas field, gas production, gas recovery
Analysis of recently completed seismic data by top multinational companies showed that Lebanon's gas wealth could exceed that of Israel. Mr Salah Khayat said CEO of Lebanon's upstream oil and gas company Petroleb said that "Analysis of ...
Tags: gas, gas wealth, Petroleb, oil
AK&M reported LUKOIL Overseas signed the package of documents to complete the sale of its 8% share in offshore hydrocarbon production projects in the Est Rapsodia and Trident exploration blocks in the Romanian sector of the Black Sea to ...
Citigroup is cutting 11,000 jobs,many in IT,as part of a restructuring announced Wednesday. The job cuts are part of a plan to save about$900 million through a variety of actions,including"increasing standardization and the use of ...
Tags: Citigroup, job cuts, IT, automated processes
Hatenboer-Water, the provider of integral water management on board ships and platforms, has opened a branch in Singapore. Guy Heijnen will be managing director of the branch. He has fulfilled several functions at the head office in the ...
Tags: integral water management, water installation and management systems
The operator of a Gulf of Mexico production platform that was the site of an explosion on November 16, which killed at least one crew member, had a history of safety violations, the top US offshore drilling regulator said Wednesday. The ...
Tags: explosion, Gulf of Mexico, safety violations
Fixed asset investment in China's refining industry totaled Yuan 130 billion ($20.9 billion) from January to October, the National Development and Reform Commission said on its website Thursday. This was an 18.2% increase from the same ...
Tags: refining industry, China's refining industry, Refinery Sector Investment
Catastrophe modeling firm AIR Worldwide has forecasted that Hurricane Isaac will cause insurance losses between $700m-$2bn in the US. The calculation of losses includes wind and storm surge damage to onshore residential, commercial and ...
Tags: AIR Worldwide, catastrophe modeling, Hurricane Isaac, insurance loss