European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...
The March US butadiene contract price Friday settled up 8-13 cents/lb ($176-$287/mt) from February at a 68-78 cents/lb ($1,499-$1,720/mt) split settlement, sources said. LyondellBasell, Shell Chemicals and TPC Group settled up 8 cents/lb ...
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
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
As we have seen in recent months, energy storage is becoming a pretty big deal. California has the country's first energy storage mandate in place, and plants like Solana in Arizona have started trying to incorporate storage in from the ...
Tags: Salt, Storage, energy storage
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. ...
I typically have headphones on when I'm home in New York, whether it's during a jog or a commute. I often crank the volume up, at the risk of hearing loss, so that I could hear my favorite podcasts over loud subways and honking cars. I ...
Tags: noise-cancelling technology, WATERPROOF, in-ear headphones
Woojin Industrial Systems, a leading manufacturer of electric rail vehicles and rail system equipment, has completed installation of its energy storage system (ESS) ultracapacitor-based braking energy recuperation systems in seven Metro ...
Shell Chemicals nominated its March US butadiene contract price up 8 cents/lb ($176/mt) from February to 68 cents/lb ($1,499/mt), sources said Thursday. Shell officials could not be reached immediately for confirmation. TPC Group also ...
The UAE's Dubai Gold and Commodities Exchange, or DGCX, and China's Dalian Commodity Exchange, or DCE, announced Wednesday that they will simultaneously launch their respective polypropylene futures contracts on February 28. "The ...
Tags: Polypropylene Futures, Chemicals
--Light, sweet crude for April delivery rises 76 cents to $102.59 a barrel --Overall inventories grow less than expected --Continued supply reductions at key U.S. delivery point U.S. oil prices rose Wednesday after weekly U.S. ...
Southern Coal plans to produce an additional 900,000 st of steam and metallurgical coal this year from two surface mines in eastern Kentucky that have been reopened and/or expanded, according to a senior company official. The Beech Creek ...
Tags: Coal, steam, metallurgical coal
Yokogawa Electric Corporation announces that it has received an order from Kawasaki Heavy Industries, Ltd. to supply the control system for an LNG carrier that is being built for the Ichthys LNG project* in Australia. The ship will be the ...
EMGS - Industry funding for vessel BOA Thalassa in Norway Tuesday, Feb 18, 2014 Electromagnetic Geoservices ASA's (EMGS) has received industry funding for about 4 months of work in Norway. "We experience increased interest from both new ...
Tags: Transportation, Service, vessel schedule
Kings Consolidated Group has announced the acquisition of New South Wales-based haulage business, Walker’s Haulage. Walker’s has annualised revenues of around $25m and the business specialises in the transportation of heavy ...
Tags: transportation of heavy freight, prime movers, strategic opportunities