State-owned Qatar Petroleum (QP) signed a joint venture agreement Sunday with France's Total and Japan's Idemitsu, Cosmo Oil, Marubeni and Mitsui for a new condensate refinery to be built in Qatar at Ras Laffan Industrial City. Under the ...
Tags: Qatar Petroleum, Joint Venture
French packaging company Serac is all set to venture into the packaging manufacturing industry with the introduction of a line of PET bottle blowing machines for dairy and edible oil products. The blow-molding machines, which are an ...
China's National Development and Reform Commission will not adjust the regulated prices of gasoline and diesel in what would have been the first such exercise following the new pricing mechanism introduced late last month, the NDRC said ...
Russia's export of ESPO Blend crude loading from Kozmino port is fixed at 19 cargoes in May, the highest monthly figure since exports of the grade began in December 2009 and up from 17 in April. The increase is in line with the completion ...
Tags: Metallurgy, Mineral, Energy, oil
China Petroleum & Chemical Corporation announced its annual results for the year ended 31 December 2012. Financial Highlights: In accordance with the PRC Accounting Standards for Business Enterprises, in 2012, the Company's operating ...
Saudi Arabian customs officials have foiled an attempt to smuggle 3.255 million kg (equivalent to 27,300 barrels) of refined oil products out of the eastern port of Dammam, capital of the kingdom's oil-rich Eastern Province, the official ...
Tags: Saudi Arabia, Foils, Oil Products
Transporting fluids in bulk would be a gargantuan task. It is no easy feat since you would really have to find a suitable container for the fluids. Unlike solids, you cannot just box them up or wrap them in some packaging material. You ...
The time spread for gasoil swaps in Singapore narrowed 15 cents/barrel day on day to a seven-week low of plus 3 cents/b for April/May Wednesday, because of low regional gasoil demand and concerns over increased exports from China and India, ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Japan's export of oil products slid 3.7% to 2.95 million barrels over March 3-9, from 3.06 million barrels in the previous week, data released Wednesday by the Petroleum Association of Japan showed. Middle distillates at 1.88 million ...
Tags: oil product exports, oil product, oil
German wholesale trade in February 2013, prices rose 1.4% from a year earlier. The annual rate were 2.3% and 3.2% in January 2013 and December 2012. German statistics further claims that German wholesale trade in February 2013, prices rose ...
China’s Ministry of Commerce (MOC) has announced that during last week (February 25-March 3) the average steel price in China decreased by 0.4 percent compared to the previous week. In particular, in the given week prices of 10 mm ...
Tags: steel price, steel, steel plate
Japan's JX Nippon Oil & Energy sold a total 44.04 million kiloliters, or 1.01 million b/d, of oil products in the domestic market over April-December 2012, up 5.3% year on year, JX Holdings, the parent company of the largest Japanese ...
China's dependence on foreign crude oil and refined oil products is set to increase, but the government has placed a cap at 61% of total requirements for the end of the current five-year economic plan in 2015, according to a new government ...
Tags: China, crude oil, refined oil products, energy development
Europe needs a stable legal framework if biofuels research and development is to prosper, Neste Oil's Executive Vice President, Oil Products, Matti Lehmus, said at a conference Monday. A proposal in October by the European Commission ...
Tags: Europe, biofuels, Oil Products
The Kurdistan Regional Government is proud of the achievements of its oil and gas industry since the fall of the former regime in 2003. It expects the federal government of Iraq to be proud of them, too. Since oil exports from the ...
Tags: KRG, Baghdad, Oil Policy