U.S. refiners are selling more fuel abroad than ever before, effectively exporting the American energy boom to the four corners of the world. As crude production soars in places like the Eagle Ford shale formation in Texas, U.S. refiners ...
Tags: U.S.refiners, Mineral
World oil demand will rise by 1.1% this year to 90.26 million barrels a day, with gains coming from countries outside of the major industrialized nations, a U.S. government forecast said Tuesday. The Energy Information Administration said ...
Tags: Oil Demand, Oil Use
The China Iron and Steel Association (CISA) has announced that in mid-September (Sept. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7795 million mt, up 0.97 ...
Tags: Crude Steel, Mineral
Novomer Inc., a sustainable materials company pioneering a family of high-performance polymers and other chemicals from renewable feedstocks such as carbon dioxide (CO2), recently announced a major new application of its catalytic ...
Tags: Coatings Market, Paint
Alfa Laval, a Swedish provider of specialized products for heat transfer, centrifugal separation and fluid handling, has secured a SEK70m ($10.88m) contract from vegetable oil plant in Brazil to provide equipment to refine crude vegetable ...
Tags: Oil Refinery Equipment
Chinese steelmakers, already obsessed with low profit margins, have been told to increase their environmental investment to help the country reduce air pollution. As part of an action plan to curb air pollution, the Chinese government is ...
Tags: steel, Construction
Oil futures traded sharply lower during Monday’s Asian session after a critical economic data point out of China surprised to the downside. On the New York Mercantile Exchange, light, sweet crude futures for November delivery slid ...
Tags: Oil Futures, Mineral
Diesel fuel was in shorter supply than normal across the west as September rolled over into October. And it looks as if the crunch may be an annual occurrence for diesel supplier Suncor and its Petro-Canada wing. The shortage was reported ...
Tags: Diesel fuel, Energy
The trucking industry has had its flirtations with natural gas in the past, so why will the present surge in interest be any different than previous experiences in the 80s and 90s, when the alternative fuel was examined and then just as ...
Tags: Natural Gas, Metallurgy, Mineral, Energy
Brazilian state-run oil giant Petrobras on Friday confirmed the discovery of a large crude oil deposit off the coast of the northeastern Sergipe state. The reserve could yield nearly a billion barrels of crude, representing one of the ...
Tags: oil, Metallurgy, Mineral, Energy
A fire pit is designed according to the purpose of use. Having a fire pit outdoors creates an excellent place to warm yourself during winters or to enjoy a barbecue party with friends and family. A fire pit, when located on your outdoor ...
Tags: Fire Pit
Major steel companies will achieve profits of 20 billion yuan ($3.25 billion) for the year, more than a tenfold increase on last year, even though the industry faces problems, including overcapacity and rising costs, a leading industry ...
Tags: Construction, steel
Analysts believe China may cut the price of refined oil on Friday in response to a drop in global crude oil prices. The moving average of a basket of crude oil prices, to which China's refined oil prices are pegged, dropped 3.23 percent ...
Tags: Refined Oil, Crude Oil
China's fuel oil imports in August fell to a near five-year low of 1.17 million mt amid continued weak demand from both the bunker market and independent teapot refiners, according to data released late Monday by the General Administration ...
China's iron and steel industry earned 84.85 billion yuan ($13.87 billion) in the first seven months, an increase of 7.8 percent year-on-year, the National Development and Reform Commission said on its website on Wednesday. The ferrous ...
Tags: crude steel, Iron, Steel