Norway's Statoil on Friday postponed its 2020 output guidance of 2.5 million barrels/day of oil equivalent by up to four years, as it reported a fall in fourth quarter output and an 8% cut in planned investment to $20 billion/year for the ...
Tags: Norway's Statoil, Mineral
Given the prolonged economic uncertainty, coupled with increase in raw material cost, India-based textile firm Cheslind Textiles saw business taking a hit in the third quarter of current financial year ended December 31, 2013. Engaged ...
Tags: Raw Material, textile
Asian Piants Ltd. has released their financial results for the quarter and nine months ended December 31, 2013. "The decorative paints business in India did well considering the challenging and uncertain macro environment," said K.B.S. ...
Rainmaker Mining Corp. ("Rainmaker") (TSX VENTURE:RMG) is pleased to announce that it has entered into an Option Agreement with JCMP Management Corp. to acquire a 3637 acre quarry permit on the Jayjay Lake silica sand project in northern ...
AWE Limited (ASX: AWE) advises that Marathon Oil, the Operator of the Sugarloaf Area of Mutual Interest (AMI) in Texas, USA, has provided an update on its 2013 drilling activity and 2014 development plans. AWE has a 10% working interest in ...
Tags: AWE, Marathon Oil, AMI, drilling activity, Sugarloaf, drilling program
New Terntank tankers will feature the first Wartsila 2-stroke, low pressure, dual-fuel engines Wärtsilä, the marine industry's leading provider of innovative products, solutions and services, has announced that its new 2-stroke, ...
Wärtsilä, the marine industry's leading solutions and services provider, has successfully conducted full scale testing on gas of its low-speed 2-stroke dual-fuel engine and is now introducing a full new range of engines based on ...
Tags: Transportation, Service
The director for legal affairs of National Iranian Oil Company (NIOC) says buy-back contracts have attracted only 50 billion dollars in investment for Iran’s petroleum industry over 15 years. Under the best circumstances, the ...
Gold Bullion Development Corp. (TSX-V: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is providing an update on activities at the Granada Gold Property in Quebec with the Pre-Feasibility Study or ("PFS") anticipated in Q4 2013. ...
Module packaging service and LED substrate vendor Tong Hsing Electronic Industries expects its sales to drop slightly in the fourth quarter of 2013 as compared to the previous quarter in which revenues hit a record high of NT$2.24 billion ...
Tags: Module packaging, LED substrate
London Mining (LM) saw a considerable year-on-year increase of 250% in third-quarter iron ore concentrate output from its Marampa mine in Sierra Leone to 948,000 wet mt, according to the company's production report. However, compared with ...
Tags: London Mining, Mineral, iron ore
The Volkswagen Group reported a solid performance in the first nine months of fiscal year 2013, despite the ongoing difficult market environment. Including China, Group deliveries increased by 4.8 percent to 7.2 million vehicles worldwide. ...
Equipment demand for the production of LCD panels is unlikely to pick up in the short term, as an oversupplied market is discouraging panel makers from expanding capacity and making major equipment upgrades, according to sources at LCD ...
Tags: LCD Panels, LCD Equipment
Grasim announces financial performance for the 2nd quarter ended 30th September, 2013 Consolidated Financial Performance: Grasim Industries Limited, an Aditya Birla Group Company, has reported Revenue of ` 6,849 crore and Net Profit of ...
Welspun India Ltd., (WIL), part of the $ 3.5 billion Welspun Group announced Q2 FY14 results, showing strong growth in revenue and operating profit in comparison to the corresponding period last year. Consolidated Financial Highlights ...
Tags: Welspun India, Textile