China National Petroleum Corp has ramped up production at its gas fields in Turkmenistan in anticipation of higher winter demand in China, the company said Tuesday. Gas from the Amu Darya project's 31 wells is now flowing at rate of 19.8 ...
Tags: Gas Output, Winter Demand
A pioneering consortium aimed at helping developing and emerging nations improve the efficiency of their oil & gas and renewables’ industries was launched at a United Nations Association Scotland (UNAS) charity dinner in Edinburgh on ...
Tags: consortium, oil, gas, energy, Ethical
This is the third near-field discovery in the Norwegian Sea in three months. Exploration well 6407/8-6 and sidetrack 6407/8-6A, drilled by the Songa Trym drilling rig, have proven several oil columns in formations dating from the Jurassic ...
Tags: oil, discovery, Norwegian Sea, success
US-based Inventure Foods has acquired all of the assets of Fresh Frozen Foods, a branded frozen vegetable processor, for about $38.4m. Based in Jefferson, Georgia, Fresh Frozen is a processor and supplier of over 60 varieties of frozen ...
Tags: Inventure Foods, Frozen Foods
Audi demonstrates its expertise in engine construction with cylinder on demand (COD) technology, which reduces fuel consumption by up to 20 percent. Three gasoline engines already include the innovative cylinder deactivation technology: ...
Tags: COD Technology, Audi
We are pleased to announce that Minera Antucoya, located in Chile, which is owned 30% by Marubeni Corporation (“Marubeni”) and 70% by Antofagasta plc (“Antofagasta”), one of the world’s leading copper ...
Tags: Copper Mining, Mineral
Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX: JAG) today announced that as a result of productive discussions with the ad hoc committee of holders ("Ad Hoc Committee") of its US$165,000,000 4.5% Senior Unsecured Convertible Notes due ...
Tags: Jaguar Mining, Mineral
Kirkland Lake Gold Inc. ("Kirkland Lake" or "the Company") (TSX:KGI) (AIM:KGI), an operating and exploration gold mining company, is pleased to announce that it has closed its previously announced transaction to raise US$50 million by the ...
Tags: Kirkland Lake Gold, Mineral
Eastern Europe used to be regarded by Western European coatings producers as the buoyant market on their doorstep – in which demand could be depended upon to boost their sales especially at times of sluggish domestic growth. Now, ...
Tags: Eastern Europe, Coatings
RSA Insurance, a UK-based general insurance company, has commenced an independent review of its financial and regulatory reporting processes and controls within its Irish operations. The move comes after the insurer suspended its CEO ...
Tags: RSA Insurance, Irish, financial impact
Synutra International, Inc. ("Synutra" or the "Company"), which owns subsidiaries in China that produce, distribute and sell nutritional products for infants, children and adults, today announced financial results for the second quarter and ...
Tags: Synutra, Nutritional ingredients
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced that it plans to issue short-term bonds worth RMB 1.8 billion ($295 million) on November 13. The issue will be its second short-term bond ...
Tags: Ansteel, short-term bonds, issue
One day after a journal said the polio outbreak in Syria could spread, health officials said 20 million children will be Vaccined in Syria and other nations. In a joint statement, the World Health Organization and UNICEF said Friday the ...
Tags: Syria, polio vaccine, children, health officials
American International Group (AIG) is reportedly believed to file a lawsuit against Morgan Stanley over $3.7bn mortgage-backed securities. The announcement was made in the Morgan Stanley's 10-Q filing with the US Securities and Exchange ...
Tags: AIG, Mortgage-Backed Securities
Chinese spot CIF import premiums for London Metal Exchange-registered brands of copper cathode remained steady amid marginal sideways movements, industry sources said Wednesday Import premiums remained around $200/mt CIF China Wednesday, ...
Tags: copper, copper investment, raw material, refining copper