An oil field off the Nigerian coast with substantial reserves and potential risks has become the latest foreign prize scooped up as part of China Petrochemical Corp.'s African expansion campaign. The state owned oil gorilla better known ...
Tags: oil field, oil, China Petrochemical Corp, oil industry
Gulf News cited Mr Farouq Iqbal director of the Strategic Cooperation Department in the Middle East and North Africa region of the World Bank as saying that countries which are rich in oil, petroleum and other commodities should prudently ...
Tags: strategic cooperation, petroleum and other commodities
The Directors of Chinalco Yunnan Copper Resources Limited have pleasure outlining the path forward for the Company. CYU continues to maintain the full support of its major shareholder, Chinalco, which holds 43% of the issued shares ...
Tags: Chinalco Yunnan Copper Resources, mining, mining company, copper
The Ministry of Economy, Trade and Industry said in Friday's preliminary reading rising for the first time in four months, Industrial production in Japan gained a seasonally adjusted 1.8% on month in October. The headline figure beat ...
Tags: industrial production, electronic parts, fabricated metals
PTI cited a senior government official as saying that the CAG has agreed to restrict its audit of Reliance Industries’ KG-D6 block to financial scrutiny of the spending on the flagging gas fields and a performance audit, if any, would ...
Tags: Reliance Industries, gas, performance audit, India Oil Ministry, India
PTI reported that blue chip Central Public Sector Enterprises like Coal India, Indian Oil Corporation, ONGC and SAIL have not fully utilized their funds allocated for undertaking corporate social responsibility projects in 2011-12. Mr ...
Construction Week reported that Off Site Engineering Solutions LLC, a specialist provider of pre engineered MEP solutions with headquarters in Dubai, has successfully completed a contract for the design, fabrication and delivery of multi ...
Verdezyne, Inc., a privately-held industrial biotechnology company focused on producing renewable chemicals, announced it has entered into a strategic relationship with Universal Fiber Systems, LLC and its operating companies, Universal ...
Tags: Fibres, renewable chemicals, Fiber Systems, sustainable fiber
The News reported that Industrialists lash out squeezing of gas supplies to the industries leading to layoff of a large number of workers despite the fact that controlling wastefulness of gas in the domestic sector could save the country a ...
Tags: gas, gas supplies, gas heaters, gas supply network
Latest data from the Paris based International Energy Agency showed that the UAE, on average, produced 2.67 million barrels per day in October 0.74% lower than its output in September. IEA said that in the Q1 of 2013, increased ...
Teknomining Plc announced that through its wholly owned subsidiary Teknomining Madencilik Insaat Turizm Ithalat Ihracat Sanayi Ve Ticaret Ltd Sti, it has signed a Mining Royalty Agreement with Teysel Insaat Nakliyat Taahhut Ticaret Ltd to ...
Tags: mining, iron ore price news, copper ore mining, royalty interests
OPEC ministers gathering in Vienna have two tasks ahead of them on Wednesday: fix crude output policy for the year ahead and appoint a new secretary general to succeed the outgoing Abdalla el-Badri. While the 12-member group appears ...
Gulf oil heavyweights and other hydrocarbon producers in the Middle East and North Africa have around 88 trillion cubic meters of proven natural gas deposits which can last more than 30 years at current production growth rates. While the ...
Tags: gas, Metallurgy, Energy
Coca-Cola's plant-based PET packaging claimed progress in soft drink and water bottles. In less than three years, Coke has sold more than 10 billion PlantBottles that contain plant-based mono ethylene glycol, which represents 30% of the ...
Tags: PET packaging, progress, soft drink, water bottles
According to a Reuters survey, Iran posted increases in its oil output in November. Iranian supply has risen by 40,000 barrels per day to 2.71 million barrels per day. Sources in the survey said that a resumption in sales to South Korea ...
Tags: steel scrap price, iron ore price news, buy steel pipe, high carbon steel