OAO TMK, one of the world's leading producers of tubular products for the oil and gas industry, announced its interim consolidated IFRS financial results for the nine months ending September 30, 2012. 3Q 2012 Highlights In line with ...
Saudi Aramco is "diligently" exploring shale gas reserves in Saudi Arabia, however uncertainty reigns over whether such reserves could be tapped by petrochemical companies, top officials from the country's petrochemicals industry said ...
US-based financial services company, CBIZ has completed acquisition of a Texas-based insurance broker Stoltz and Company, effective from 01 July 2012. The transaction is expected to amount to $3.2m in annualized revenue, along with 13 ...
Tags: CBIZ, acquisition, Stoltz and Company, transaction, insurance
It's reported that Russia-based TMK, a major global supplier of steel pipes for the oil and gas sectors announced that its pipe sales dropped by 5% quarter on quarter to 1.05 million tons in the third quarter of this year. The firm ...
Tags: TMK, steel pipe, oil pipe, gas pipe
Certain carbon steel welded pipe originating in or exported from Chinese Taipei, the republic of India, the sultanate of Oman, the republic of Korea, Thailand, the republic of Turkey and the United Arab Emirates decision Pursuant to ...
The technology company The Linde Group has received an order for a mid-scale liquefied natural gas (LNG) plant from Malaysia LNG Sdn. Bhd., a production subsidiary of Malaysia's national oil and gas company PETRONAS. The new boil-off gas ...
Tags: The Linde Group, gas facility, Linde AG
South Africa's Industrial Development Corporation has finalised its 74% acquisition of steel group Scaw from Anglo American. The purchase of the ZAR 3.4 billion stake was announced in April on a debt and cash free basis. This means ...
China National Petroleum Corporation (CNPC) announced the successful start-up of the 800Kt/a ethylene unit at Fushun Petrochemical, all the eight production units of the 1Mt/a ethylene capacity expansion project operated together and turned ...
Tags: ethylene unit, ethylene market, ethylene industry, CNPC
BP announced its financial results for the third quarter of 2012,reporting underlying replacement cost profit,adjusted for non-operating items and fair value accounting effects,of$5.2 billion.It also announced an increase in its quarterly ...
Tags: BP, financial results
Six US senators Tuesday asked the Justice Department's Oil and Gas Price Fraud Working Group to conduct a "refinery by refinery probe" into spikes in West Coast gasoline prices in May and October. The request, from Democratic senators ...
Tags: Gasoline, Fuel and Petrochemical, Energy
Orenburg hosted the fifth meeting of the Joint Coordinating Committee between Gazprom and Petrovietnam State Oil and Gas Corporation as part of the execution of the Strategic Partnership Agreement signed by the companies. The meeting was ...
Tags: Orenburg, Sci-Tech cooperation agreement, Gazprom, Petrovietnam
Trend cited Mr Nikolai Ureki Romanian Ambassador to Kazakhstan as saying that Mr Nursultan Nazarbayev president of Kazakhstan is expected to visit Bucharest in early 2013. Mr Ureki said that "In early 2013, Mr Nursultan Nazarbayev is ...
Tags: KazMunaiGas, Rompetrol, oil and gas
Demand for oil and gas infrastructure equipment is forecast to rise 6.3 percent annually through 2016 to $12.1 billion. Advances will benefit from the development of shale plays, especially in areas that have not until recently been major ...
Tags: Oil and Gas Infrastructure, oil and gas infrastructure equipment
Saudi Arabia is pushing ahead with a major project to develop the world's fifth largest oilfield which will pump nearly 900,000 barrels per day of heavy crude and 90 million cubic feet per day of sour gas. State owned Saudi Aramco said ...
Tags: oilfield, Heavy crude oil, crude oil
Kazakhstan Today reported that Switzerland based ABB has won a sub contract to supply power equipments for the hydrocarbons production complex at Atyrau refinery in Kazakhstan. According to Energy Business Review, the company won the ...
Tags: power equipments