Iran Daily reported that existence of huge iron ore, coal and natural gas reserves has provided the potential for Iran to become one of the world's major crude steel producers. Currently, 8 steel projects are underway in different parts ...
MNA reported that Iran's oil revenues during the Iranian calendar year of 1390 which ended on March 19th 2012 amounted to USD 118 billion. And the Islamic Republic's oil revenues during the first quarter of the current Iranian calendar year ...
Tags: oil revenues, oil export, OPEC governor, OPEC
Chemicals major Ineos said Tuesday it will construct a new ethane tank at its Rafnes site in Norway. The project will allow the site to accommodate the ethane supply coming from the US starting in 2015. The ethane will be used to run ...
Tags: Ethane Tank, Ineos, Chemicals, Gas Engineering
The 11% increase in natural gas prices in Beijing implemented by the local government last week is an indication that the central government might soon unveil more gas pricing reforms, analysts said Tuesday. The Development and Reform ...
The main factor in determining oil prices next year, whether they will hold near current levels or come off what looks to be the highest ever annual average, will depend on how the economies of the world's main demand centers fare, ...
Tags: Oil Prices, high oil prices, gas
Gain new insights and ideas from inspiring opinion leaders and global industry experts Messe Frankfurt’s premiere auto industry gathering, NextGen Auto International Summit China, is designed as a truly international thought ...
Tags: NextGen Auto International Summit, China, Messe Frankfurt's premiere
Vitro, S.A.B. de C.V. (BMV: VITROA) (“Vitro” or the “Company”), one of the world's largest producers and distributors of glass products, today announced 3Q’12 unaudited results. Third Quarter 2012 ...
Tags: EBITDA, Vitro, glass products, sales
A new natural gas-powered Volkswagen Up!has been launched,with the German powerhouse claiming the Volkswagen Eco Up!?is the world's most fuel-efficient natural gas passenger car in the world. The enviro-friendly Volkswagen Eco Up!uses a ...
Countries in Southeast Asia such as Vietnam, Malaysia, and the Philippines have sufficient sunlight hours which is suitable to develop a strong solar market. Vietnam has relatively high sunshine hours of 2,067 hours per year but lacks ...
Tags: Southeast Asia, solar markets, subsidies
A senior Iranian energy official says the country plans to surpass Qatar in gas production from the massive offshore South Pars gas field, which is shared by the two countries. Mr Mousa Souri MD of Pars Oil and Gas Company said that ...
Tags: gas field, gas production, gas recovery
Analysis of recently completed seismic data by top multinational companies showed that Lebanon's gas wealth could exceed that of Israel. Mr Salah Khayat said CEO of Lebanon's upstream oil and gas company Petroleb said that "Analysis of ...
Tags: gas, gas wealth, Petroleb, oil
Thailand enjoys long sunshine hours. Its capital city, Bangkok, has an average year-round temperature of 24-degrees Celsius with over 1,800 sunshine hours/year. Central and Northeastern Thailand have over 1,850 hours of sunshine per year. ...
Tags: Digitimes, solar module subsidy, Thailand
Egypt Independent reported that Egypt would consider importing natural gas from Oman and Equitorial Guinea. Mr Osama Kamal petroleum minister of Egypt said that he discussed this possibility with his counterparts in both countries during ...
Tags: gas, petroleum, gas import
Honda Manufacturing of Indiana (HMIN) is planning to invest $40m to increase its capacity by 50,000 units per year to a total of 250,000 units. The investment will also lead to the addition of Civic Hybrid production in early 2013, ...
Tags: HMIN, Civic Hybrid production, Civic Sedan, Civic Natural Gas
General Motors has started the production of 2013 Chevrolet Silverado HD and GMC Sierra 2500 HD bi-fuel pickup trucks at its Fort Wayne, Indiana plant. Powered by a Vortec 6.0L V8 engine, both the models are capable of running on both ...
Tags: General Motors, Chevrolet Silverado HD, GMC Sierra 2500 HD