The Myanmar-China natural gas pipeline has been completed and is ready for trial operations, and a parallel oil pipeline is 94% complete, state-owned China National Petroleum Corp. said Friday on its website. The 12 Bcm/year gas pipeline ...
Tags: Metallurgy, Mineral, Energy, natural gas
The US on Friday identified eight petrochemical companies it says are owned or controlled by the government of Iran and are therefore subject to sanctions. The US State Department also sanctioned two companies "for knowingly engaging in a ...
Tags: Metallurgy, Mineral, Energy, oil
It’s reported that the Chinese steel industry posted falling gross profits for the first four months of this year, according to Wang Xiaoqi, deputy chairman of the China Iron and Steel Association (CISA). The monthly figures were ...
Tags: Steel Industry, Gross Profits
Hindustan Petroleum Corporation Limited has registered gross sales of Rs. 2, 15,675 crores for the year 2012-13 as against Rs. 1, 88,131 crores in the previous year representing an increase of over 14.6 %. The sales of petroleum products ...
High sulfur bunker fuel prices in Seattle were assessed by Platts Thursday at their lowest levels in almost a year. Platts assessed the IFO 380 CST market in Seattle at $575.25/mt ex-wharf, its lowest price since it was assessed at ...
Tags: Sulfur Bunker Fuel, Chemicals
The quality of Iraq's Basrah crude has stabilized at an API gravity level of 28-30 degrees after some fluctuation in recent months, the country's oil minister said Thursday. "Its quality is stable around 28-30 API. The only change we had ...
Tags: Basrah Crude, Chemicals
It is learned that Japanese steelmaker Kobe Steel is to shut down a blast furnace and other upstream equipment at its Kobe Works plant in western Japan in the financial year 2017-18. The decision came after the announcement of ¥ 50.2 ...
Tags: Kobe Steel, Blast Furnace
It is reported that NLMK, the Russian steelmaker announced that starting 30th May, it is idling its blast furnace No. 3. The furnace which is situated at a site in Lipetsk has an annual capacity of 1.3 million tons of production. The blast ...
Tags: NLMK, Blast Furnace
According to data released by the International Stainless Steel Forum (ISSF), the world’s crude stainless steel output totaled 35.4 million tons, rising by 5.2% year on year, hitting a new record high. China has remained the ...
A TOP Facebook executive says authors of misogynist posts on the social network will now have to "put your name on your sexism" instead of being anonymous. "Pages on Facebook are allowed to be anonymous, and that is really important; ...
Tags: Facebook, Sexism, Computer Products
Voestalpine, an Austrian international successful corporation has signed MOU with AHMSA who is the largest integrated steel plant in Mexico in extraction of coal and iron ore along with producing hot rolled coil, wide plate, cold rolled ...
Tags: HBI, steel, Construction&Decoration
Crude futures fell to fresh lows immediately ahead of the 2:30 p.m. EDT (1830 GMT) market settle Wednesday, as the oil complex extended an overnight selloff in US trading after equity markets slid throughout the the session. NYMEX July ...
Tags: Metallurgy, Mineral, Energy, oil
Kuwait will increase its oil production capacity to about 3.6 million b/d by 2022, according to a study by the emirate's Diplomatic Center for Strategic Studies (DCSS). The official KUNA news agency reported Wednesday that the study said ...
Tags: Oil, Metallurgy, Mineral, Energy
French oil and gas producer Total SA expects to launch more cooperations in the Chinese mainland. It launched Journey of Harmonious Energy, a national touring energy science exhibition, in Tianjin, a port city in north China, on May 22 ...
Tags: Cooperations, economy, Energy, oil, gas
US commercial crude stocks likely fell around 1.5 million barrels for the reporting week ended May 24, according to a Platts analysis and a survey of oil analysts Tuesday. The American Petroleum Institute will release its weekly report at ...
Tags: Chemicals, Metallurgy, Mineral, Energy