The pace of Chinese economic reform would surprise people, and it will be faster than commonly expected, said Blu Putnam, Chief Economist at Chicago Mercantile Exchange (CME) Group, in London. China appears to be choosing to accelerate ...
Tags: Economic Reform
China's fuel oil imports in November plunged 29.7% year on year to 1.46 million mt, General Administration of Customs data released Friday showed. The total was also down 12.4% from October. The volume refers to fuel oil classified as No. ...
Negotiations for the January Asian Contract Price for paraxylene remained slow Friday, the final negotiation day, with neither buyers nor sellers revising their prices to narrow a wide gap, sources close to the talks said. There are four ...
Tags: Paraxylene, Chemicals
Chinese industrial businesses saw profits rise 9.7 percent year on year in November, slowing from 15.1 percent in October, official data showed on Friday. Total profits of industrial companies with annual revenues of more than 20 million ...
Tags: high-tech industries, Chemicals
Profits of oil giant China Sinopec increased more than 10 billion yuan (1.6 billion U.S. dollars) in the first eleven months. Huang Shuhe, vice chairman of the State-owned Assets Supervision and Administration Commission (SASAC), said the ...
US propane and propylene stocks are 31% under were they stood in 2012 on increasing exports, cold weather and changing infrastructure, Energy Information Administration data released Friday showed. The stocks fell 2.51 million barrels to ...
On Thursday, the CME Group soybean market plummeted on improved crop prospects in South America. The March corn futures contract settled 1 1/2 cents lower at $4.20. The March soybean futures contract finished 22 cents lower at $12.70. ...
Tags: Agriculture, Food, Soybeans
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce successful drilling results of an appraisal well in Sagiz West Field. The SAGW-8 appraisal well in the Sagiz West field has ...
Tags: Max Petroleum Plc, Kazakhstan, appraisal well, Sagiz West Field
First Titan Corp. (OTCBB:FTTN) announced today that drilling is complete for its new well in South Lake Charles, Louisiana, and production testing is scheduled to begin soon. “Log analysis is one of the first steps in evaluating a ...
Tuesday, Dec 31, 2013 BreitBurn Energy Partners L.P. (the "Partnership") (NASDAQ:BBEP) announced today that it has completed the acquisition of oil and natural gas properties in the Permian Basin in Texas from CrownRock, L.P. for ...
Tags: BreitBurn Energy Partners L.P., acquisition, Permian Basin
Fluor Corporation today announced that it was selected by Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), to provide comprehensive consulting services, specializing in front-end design and project and ...
Tags: Fluor Corporation, Kuwait Oil Company, Middle East projects
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announce the spudding of the Centrica operated ...
Closing Grain and Livestock Futures Mar. corn closed at $4.20 and 1/2, down 1 and 1/2 cents Jan. soybeans closed at $12.87, down 25 and 1/2 cents Jan. soybean meal closed at $423.80, down $13.90 Jan. soybean oil closed at 38.51, ...
Tags: Soybean, Agriculture, Food
The Directors and management of Strata-X Energy Ltd. (TSX VENTURE:SXE)(ASX:SXA) ("Strata-X" or the "Company") are pleased to announce that the Company started drilling operations on the Cinco Saus Creek #1 well late on December 27 and that ...
Tags: Strata-X Energy Ltd, Cinco Saus Creek#1 well, Maverick Oil Project
Shell today announces it has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for US $1 billion. Regulatory approvals have been obtained and Shell will now hold a 73% ...
Tags: Shell, Parque das Conchas project, purchase