A fall in production has hit half-year profits at UK-listed palm oil processor New Britain Palm Oil. CEO Nick Thompson said heavy rain made it harder to collect and transport fresh fruit bunches. The wet weather also meant the fruit ...
Tags: oil process, profits, New Britain Palm Oil, production fall
Agribusiness giant Bunge has announced the opening of an ingredient innovation centre in the US. The "state-of-the-art" centre in Bradley in Illinois will include an industrial kitchen and corporate dining facilities, Bunge said. After ...
Tags: Culinary Centre, ingredient innovation centre, Agribusiness
Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices. The company said net earnings in the three months to the end of September rose to US$289m, up from ...
Tags: Agribusiness, grain prices, grain, grain trader
Rosneft President Igor Sechin Tuesday met Chinese Vice Premier Wang Qishan to discuss the terms of an intergovernmental agreement to build and operate a refining and petrochemical complex in China's Tianjin, the state-owned Russian oil ...
Tags: intergovernmental agreement, refining and petrochemical complex
The UK expects its tax revenues from the oil and gas industry to slip by more than a third in the current tax year as declining North Sea production levels, lower than expected oil prices and upstream tax breaks crimp its receipts, the UK's ...
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
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
Asian solvent-grade mixed xylenes prices surged $22/mt week on week to a 53-month high of $1,260/mt CFR China Friday on firm demand and low inventory in China over the past three weeks, according to Platts data. The last time the marker ...
Tags: mixed xylenes prices, solvent-grade mixed xylenes, fuel consumption, CFR
China's commercial inventories of oil products in 13 grain-producing provinces held by state companies Sinopec and China National Petroleum Corp. totaled 3.78 million mt as of November 25, the National Development and Reform Commission said ...
Attock Petroleum Limited, Pakistan's third-largest oil distributor, said Wednesday it was looking into the possibility of buying Chevron's downstream fuel assets in Pakistan and Egypt. In a filing with the Karachi stock exchange, Attock ...
Tags: Attock Petroleum, oil distributor, Chevron's downstream fuel assets
A small Hawaiian subsidiary of Australian energy and infrastructure company Macquarie said Thursday it wants to use natural gas to slow the stream of oil imported by the US' only island state. Hawaii already has a statewide plan to reduce ...
Tags: gas, gas accounts, energy, Oil
Interest regarding industrial hemp continues to increase within Alberta’s agricultural sector. Not only does the crop grow well in the province, but the increased consumer interest in sustainability and renewable resources suggests ...
Tags: hemp market, hemp industry, industrial hemp, oil products, fibre products
According to a well-known Russian state news agency, Iran is currently in serious discussion with Armenia to jointly develop the oil products pipeline with rail links as part of efforts advancing the economic cooperation ties between the ...
Tags: rail links, oil products pipeline, economic cooperation
Taipei, Nov. 15, 2012 (CENS)--The Kaohsiung branch of Taiwan International Ports Corp. will invest NT$13 billion in building the second-phase docks of intercontinental container terminal, whose construction is scheduled to break ground ...
Tags: Kaohsiung Harbor, new dock, investment, Taiwan International Ports Corp.
American agribusiness and food company Bunge has reported that its net income for the third quarter of 2012 rose 112%to$297m,compared to$140m the previous year,due to good performance of its agribusiness division. Net sales ...
Tags: net income, net sales, declining sales