President Obama is giving federal agencies slightly more than one year to draft a rule proposal that would boost fuel economy and tighten greenhouse-gas emissions for medium- and heavy duty trucks. Obama directed the National Highway ...
Tags: Transportation, Trucks
China's shale gas industry could soon be entering its boom years. Thanks to the top two oil and gas giants - China National Petroleum Corp and Sinopec Group - the nation's shale gas output soared from 25 million cubic meters in 2012 to ...
Eastern Canada's Nova Scotia government is in favor of the proposed 1.1 million b/d Energy East crude oil pipeline terminating at a deep water port in the province, rather than in neighboring New Brunswick on the Atlantic coast, the ...
Tags: Nova Scotia, Oil Pipeline
Argentine Presidential Chief of Staff Jorge Capitanich said Monday that a proposed reduction in state energy subsidies will help increase investment in the sector, making it possible to boost gas production and scale back imports. "What ...
Tags: Energy Subsidy, Gas Imports
India's state-owned refiners, who have all posted net losses over the first nine months of fiscal year 2013-2014 (April-March), are expected to turn in a profit for the full year as the government is likely to fully compensate them for ...
Tags: Refiners, Full-Year Losses
Australian Pump?s popular Mine Boss 4? diesel powered trash pump has been upgraded with new features to suit mine and construction sites. Aussie Pumps launched the Mine Boss series two years ago. The company claims it has been a success ...
Tags: Manufacturing, Processing Machinery, Pump
A new study published in the journal Science says that the total impact of switching to natural gas depends heavily on leakage of methane (CH4) during the natural gas life cycle, and suggests that more can be done to reduce methane ...
Tags: Consumer Electronics, Electronics
With China canceling a corn purchase,the market finished lower Thursday.However,soybeans closed higher on crop-weather concerns abroad. At the close,the March corn futures contract finished 1/4 of a cent lower at$4.43.The March soybean ...
Tags: soybeans, soybean futures, Brent crude oil
Canadian transportation firm Mullen Group said its net income fell in the fourth quarter as weather and holidays hurt trucking and logistics operations. Profit fell to C$20.3 million, or 22 cents a share, a 6.9% decrease from last year's ...
Tags: Transportation
Based on the US Commerce Department's most recent Steel Import Monitoring and Analysis(SIMA)data,the American Iron and Steel Institute(AISI)reported Wednesday that steel import permit applications for the month of January total 3,080,000 ...
Tags: Steel Import, Steel, Mineral
This year's spike of U.S. liquified propane (LP) prices has been blamed on increased grain drying, harsh winter weather, low supplies and exports. But, the increased amounts of product being exported, while many U.S. LP users struggle to ...
Tags: Propane, propane stocks, LP prices
The unrelenting winter of 2014 delivered another massive storm last week, bringing with it more economic uncertainty and higher fuel prices. For the second time in less than a month, much of the southeastern United States battled a major ...
Tags: Transportation, Logistics
On February 2,2014,Sulzer signed an agreement for the acquisition of a 75%stake in Saudi Pump Factory with Nabil Al Hashim,the owner and founder of the company. The agreed purchase price for the 75%stake is CHF 33 million.Closing of the ...
Tags: Pump, Sulzer.Saudi Pump
Global foreign direct investment (FDI) rose to levels not seen since the start of the global economic crisis in 2008, increasing by 11 per cent in 2013 to an estimated $1.46 trillion, with the lion's share going to developing countries, ...
Tags: trade, Investment
Soybeans were lower on fund and technical selling. The near term supply remains tight and demand continues to look strong, keeping the fundamentals pretty much bullish. Past that – there's acreage position squaring against corn and ...