Import quota of crude oil for non-state-owned operation will be 29.1 million tons in 2014, according to the Ministry of Commerce.
Tags: Metallurgy, Mineral, Energy, Crude Oil
China's third auction for exploration rights for shale gas blocks is set to start soon, a source at the National Development and Reform Commission was quoted as saying by Shanghai Securities News on Friday. "The process will start at the ...
Tags: Chemicals, Gas, Metallurgy, Mineral, Energy
Geologists have discovered a big phosphorus deposit in Yichang City, Hubei Province, central China with proved resources reaching 171 million tons and potential economic value of CNY 30 billion. The average tenor of the phosphorus deposit ...
Tags: Phosphorus, Metallurgy, Mineral, Energy
A successful hot run test has lately been carried out on the round billet continuous casting machine No. 1 of Anhui Province-based Chinese steel pipe producer Wuhu Xinxing Pipes Co., a wholly-owned subsidiary of Chinese pipe maker Xinxing ...
Tags: Pipes, Casting Machine
The top executive of one of the world's biggest mining drilling companies said he believes the industry has bottomed out, but that he doesn't expect a return to peak cycle levels soon. Moreover, there has been "a fundamental shift in what ...
Tags: mining drilling, Metallurgy
Russian mining and steel group Mechel has announced the completion of its construction of a grinding-mixing complex to produce cement, in particular blast furnace slag cement. The grinding-mixing complex was built in Chelyabinsk ...
GE Oil and Gas has announced Chelsea Natural Gas has purchased 20 of its CNG In a Box fuelling systems, to make compressed natural gas more widely available to Canadian fleets. The order marks the first entry of GE's CNG fuelling solution ...
Tags: Metallurgy, Mineral, Energy, Natural Gas
The trucking industry has had its flirtations with natural gas in the past, so why will the present surge in interest be any different than previous experiences in the 80s and 90s, when the alternative fuel was examined and then just as ...
Tags: Natural Gas, Metallurgy, Mineral, Energy
Brazilian state-run oil giant Petrobras on Friday confirmed the discovery of a large crude oil deposit off the coast of the northeastern Sergipe state. The reserve could yield nearly a billion barrels of crude, representing one of the ...
Tags: oil, Metallurgy, Mineral, Energy
National Oilwell Varco announced that its Board of Directors has authorized Company management to move forward with exploration of a plan to spin-off NOV?s distribution business from the remainder of the Company, creating two stand-alone, ...
Tags: Metallurgy, Mineral, Energy, Oil, Processing Machinery
Through nearly three years' unremitting independent research and development by the heavy plate production, marketing and research group of Baosteel, Baosteel 80kg grade easy-welding high-strength steel realizes no-preheating welding and ...
Tags: Metallurgy, Mineral, Energy
A small upturn in prices for sub-5,000 kcal/kg NAR Chinese thermal coal on perceived stirrings of restocking activity for the upcoming northern hemisphere winter and some market tightness was seized on by traders Friday. South China ...
Tags: Coal, Metallurgy, Mineral, Energy
Hong Kong bunker fuel suppliers said Friday they have settled ex-wharf premiums for October-loading 380 CST bunker fuel with importers at around $16/mt above Mean of Platts Singapore 380 CST high sulfur fuel oil assessments, compared with ...
Tags: Chemicals, Fuel Oil, Metallurgy, Mineral, Energy
Western China is likely to be the focus for development of the petrochemical sector in future, Bang Han-hong, president of Korea Petrochemical Industry Association (KPIA) said at the 12th edition of the Korea-China Petrochemical Conference, ...
Tags: petrochemical, Metallurgy, Mineral, Energy
China's petrochemical industry gained CNY 6.6 trillion main business incomes and CNY 221 billion profits in the first seven months, up 9.9% and 43% year on year. Crude oil China processed in the first eight months was 317.16 million tons, ...
Tags: Metallurgy, Mineral, Energy, Petrochemical