German chemical giant BASF Group announced recently, its financial performance in 2012 hit the record, and the sales grew 7% compared to 2011. In the fourth-quarter, BASF sales reached Euro 19.6b, up 9% year on year; EBIT reached Euro ...
US commercial crude stocks failed to fall for the sixth straight reporting week data from the Energy Information Administration showed Wednesday, climbing 1.13 million barrels over the week ended February 22 to 377.518 million barrels, ...
China's oil and gas companies could lift their total overseas equity production to 3 million b/d by 2015, the executive director of the International Energy Agency said Tuesday. "Chinese national oil companies are present everywhere in ...
Tags: oil, gas, overseas equity
Shanghai-based Chinese steel giant Baosteel Group has announced that the X70 line pipe steel produced by its Xinjiang-based subsidiary Bayi Steel has successfully passed tests carried out by PetroChina Co., and so Bayi Steel has become a ...
Tags: Line Pipe Steel, Pipe Steel, Steel
Plexiglass is a type of plastic acrylic, which is used as an ideal substitute for glass in furniture, craft items, picture frames and greenhouses. As compared to glass, it is lightweight, more durable, does not break easily, is resistant to ...
Tags: Plexiglass
Russia and China may reach a basic agreement on the supply of Russian gas to the Asian giant by the end of March -- in time for the visit to Moscow by Xi Jinping, secretary general of the Communist Party of China -- Russia's deputy prime ...
Tags: Gas Supply, Chemicals, basic agreement
NYMEX April crude settled 29 cents higher at $93.13/barrel Friday after a largely rangebound trading session, bouncing back slightly after a two-day selloff. "We're pretty unchanged with the market attempting to stabilize after the ...
The UAE's Abu Dhabi National Oil Co will shift its April 2013-March 2014 naphtha term cycle forward by a month, changing it to a May 2013-April 2014 term cycle instead, Asian naphtha trade sources said Friday. Should the term be ...
Tags: UAE, Adnoc, naphtha trade
The Union Minister for Commerce, Industry & Textiles Shri Anand Sharma, in a bilateral meeting with Ms. Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade, UAE, in Dubai, said that despite of the fact that UAE is India’s ...
Tags: textile imports, Textiles, Textiles Industry
US crude production rose to 7.01 million b/d in January for the first time in 20 years, the American Petroleum Institute said Thursday. Domestic crude production, including condensate, was up 14.3% from output of 6.14 million b/d in ...
Tags: crude production, US, etroleum Institute
Icicle Seafoods, a US-based seafood company, has appointed Amy Humphreys as its new president and chief executive officer, effective immediately. Amy Humphreys worked as a president of Delta Western, a leading petroleum marketing and ...
Tags: Icicle Seafoodd, Seafoods, company news
The International Energy Agency remains largely in the dark over the real pace of China's surging oil demand despite long-running attempts to persuade the county to publish official data on consumption and oil stocks, the IEA's top energy ...
Tags: Oil Demand, Energy Security, Mineral
The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...
Tags: Stocks, sharemarket, share
Shares were on track for their biggest fall in three months after minutes from the Federal Reserve's most recent policy-setting meeting showed rising unease about the US central bank's recent stimulus efforts. Domestic earnings reports had ...
At the end of 2012, the KSB Group delivered pumps for a solar thermal power plant located 60 kilometres south-east of Seville in Andalusia. The units in question were seven process pumps for pumping thermal oil at a drive rating of up to ...
Tags: KSB Group, solar thermal power plant, Pumps