Russia's crude oil production hit a record high of 518 million mt (10.4 million b/d) in 2012, preliminary data released Wednesday by the energy ministry's Central Dispatching Unit showed, as the country cemented its position as the world's ...
Tags: Russia, crude oil production, oil, oil industry
The US Senate on Tuesday approved a bill that would allow a natural gas pipeline to be built through the Denali National Park in Alaska. "A natural gas pipeline route through the park would not only be less expensive to build, but ...
Tags: US Senate, bill, natural gas pipeline, Denali National Park in Alaska
Coal traders returned to their posts on Wednesday, snapping the streak of low volume sessions in the US over-the-counter thermal coal market since the Christmas holiday. Central Appalachian barge and rail (CSX) contracts, as well as ...
Tags: coal market, US, coal, coal industry, swap products
While analysts are generally in consensus in forecasting Brent crude to average around $110/b in 2013, the surge in North American production and question marks on the timing of new infrastructure has made for a highly divergent set of ...
Tags: Brent crude, crude oil prices, crude oil market, Brent
Fueled by cheap natural gas liquids from the Eagle Ford Shale -- primarily ethane -- Texas' petrochemical industry will export 33% more ethylene and more finished plastics overseas by 2017, a report by the Federal Reserve Bank of Dallas ...
Tags: natural gas liquids, Texas, petrochemical industry, natural gas stream
Hopefully,old planet earth is still spinning at this moment–due to a shortened Christmas schedule,this was written prior to Friday,Dec.21,2012,which is the ominous last day of the Mayan calendar,the December solstice and the first day ...
Tags: farm work, agriculture, deficit, spending
Network World-If it is left to the politicians,the door to the nation's utilities might be left open.Almost telling terrorists,like in those motel commercials,"We'll leave the light on for you." The ironic part is that a terrorist attack ...
Tags: U.S.infrastructure, attack
Computerworld - Western Digital's HGST subsidiary may not have picked the best time to have a breakthrough in hard-disk drive innovation. After a decade of trying, HGST recently perfected a method to seal helium gas inside drives. The ...
Tags: hard disk drive, helium gas inside drives, hard drives
Israeli gasoil and fuel oil consumption for electricity production rose sharply in the first 11 months of the year due to a severe shortage of natural gas, Israel's Energy and Water Ministry said Thursday. Gasoil consumption by Israel ...
Tags: Israeli, gasoil, fuel oil, electricity production
BP signed a heads of agreement Wednesday with Indonesia's state-owned power utility Perusahaan Listrik Negara to supply 23.96 million mt of LNG over 20 years, starting 2013, Jero Wacik, the energy and mines minister who is also the head of ...
The construction industry shed 2.2 million workers between January 2007 and last year. So now there's an overabundance of them eager for jobs, right? Wrong. Contractors are struggling with shortages of workers as the home-building market ...
Tags: construction industry, workers, shortage, construction
From January to November, the industrial profits of enterprises above designated size achieved 4,662.5 billion yuan, a year-on-year increase of 3.0 percent. In November, the industrial profits of enterprises above designated size achieved ...
Tags: industrial profits, industrial enterprise, economy, business
WITH just one trading day left this year, the sharemarket climbed to a 19-month high yesterday as stronger iron ore, copper and oil prices boosted miners, and investors bought shares in anticipation that US politicians can reach a deal to ...
Baker Hughes reported Friday that for the week ending December 28,the Canadian rig count was 204,plunging 180 since the week prior,and down 17 from the same week last year. Meanwhile,the US rig count fell by 11 to 1,763,following a more ...
Tags: Canada, US, rig count, gas, oil-directed drilling rigs
Tehran Times cited Mr Javad Oaji deputy Oil minister of Ira as saying that Tehran and Baghdad are set to finalize a deal on gas exports from the Islamic Republic to Iraq in the near future. Mr Oaji,who is also the MD of the National ...
Tags: Iran and Iraq, Gas Export, Oil minister