Cummins has announced it is launching a five-litre V8 diesel engine, designed for pickup-and-delivery applications and other light- and medium-duty trucks. The ISV5.0 will be assembled at Cummins' Columbus Engine Plant, which has received ...
Tags: Transportation, Engine, Auto Parts, Cummins
US coal production, based on railroad car loading data, totaled about 19.3 million short tons during the week that ended Saturday, the US Energy Information Administration said Thursday in its weekly coal production data. EIA said the ...
Tags: coal production
The US Energy Department has announced an investment of US$16 million in seventeen projects to capture energy from waves, tides and currents in a sustainably and efficient way. The projects are intended to increase the power production ...
Tags: Metallurgy, Mineral, Energy
The US Department of Energy (DOE) has announced more than $45m for 38 new projects that strengthen the research and development of advanced transport technologies. These vehicle technologies are aimed at improving fuel efficiency, ...
Tags: Vehicle Technologies, Auto Parts
The US Energy Information Administration (EIA) forecasts that China's net oil imports will exceed those of the United States by October 2013 on a monthly basis and by 2014 on an annual basis, making China the largest importer of oil in the ...
Tags: Metallurgy, Mineral, Energy
China's net oil imports are very likely to exceed those of the US by October this year on a monthly basis and by 2014 on an annual basis, making China the largest net oil importer in the world, the US Energy Information Administration (EIA) ...
Tags: Net Oil Importer, imported oil
The front-month Brent/WTI spread narrowed Thursday to its lowest level in more than 20 months, dropping under $1/barrel as NYMEX crude broke above resistance levels on recent stock drops and an equities euphoria. The September Brent/WTI ...
Tags: Prompt Brent, Chemicals
The differential for California-grade blendstock dropped 15.5 cents/gal on Wednesday after US data showed an 818,000-barrel gasoline build on the West Coast. The move left the differential at a discount to NYMEX RBOB for the first time in ...
Tags: Carbob Differential, Chemicals
French President Francois Hollande will not allow shale gas exploration during his presidency, he said on national television Sunday. France currently has a ban on shale gas exploration using hydraulic fracturing, the only current ...
Tags: Metallurgy, Mineral, Energy, Gas Drilling
June exports from the three coal piers at Hampton Roads on the US East Coast declined for the month but are still tracking above last year's numbers on a year-to-date basis, according to figures released Wednesday by the Virginia Maritime ...
Tags: Coal Exports, Chemicals
The oil complex nudged slightly higher during light trading Tuesday. Those gains were led by NYMEX August RBOB, which settled 4.23 cents higher at $2.9260/gal. NYMEX August crude settled 39 cents higher at $103.53/barrel, while ICE August ...
The response of Asian and global markets to US liquefied natural gas exports will be much stronger and will happen much sooner than many anticipate, putting strong downward pressure on Asian prices, Rice University fellow Kenneth Medlock ...
Tags: LNG Exports, Chemicals
The Gulf Coast heating oil differential fell 75 points Wednesday as US production and stocks increased and traders cited trouble finding ships to move any export barrels. Platts assessed the Gulf Coast heating oil differential at NYMEX ...
Tags: Heating Oil, Chemicals
The US exported the second highest volume of petroleum coke ever in April, according to US Energy Information Administration data. The EIA April data, released Friday, show exports of 17.78 million barrels, second only to December 2011, ...
Tags: Petroleum Coke Volume
Gasoline cracks have plunged in the wake of recent data from the US Energy Information Administration showing unseasonably high gasoline inventories across the country, particularly in the East Coast. The NYMEX August RBOB crack spread ...
Tags: Chemicals