Kazakhstan's natural monopoly regulator AREM has approved raising the crude oil export shipment tariff for national oil pipeline operator KazTransOil by 20% from the current level to Tenge 5,817.20 ($31.57)/mt per 1,000 km from April 1. ...
Tags: Crude Oil, Tariff, natural monopoly
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
German plate producer Dillinger Hütte has announced its financial results for 2013, stating that a weak economic environment and worldwide overcapacities placed extreme pressure on the heavy plate market. With utilization of capacities ...
Tags: plate producer, Dillinger Hutte, plate Price
State-owned China Petroleum and Chemical Corp, or Sinopec Corp, posted modest gains in its 2013 upstream and downstream oil and gas production and has pledged to reduce its capital expenditure this year. In its annual financial results ...
Tags: Sinopec, Oil, Gas Output, Chemicals
US Representative Pete Olson, R-Texas, on Tuesday called for less federal regulation for oil and gas drilling, including allowing some drilling in national parks. Olson, who spoke at the Texas Independent Producers and Royalty Owners ...
High Density Polyethylene Pipes or HDPE pipes are widely used pipes for irrigation, residential and industrial applications. HDPE is made from petroleum and possess very high strength to density ratio. High density polyethylene piping has a ...
Tags: Pipes, Hdpe Pipes, High Density Polyethylene Pipes, PVC pipes
The increase in infrastructure and maintenance spending by the private and public sector in South Africa, Nigeria, and Kenya is lending momentum to the industrial paints and coatings market in these countries. Nigeria presents the most ...
Tags: Industrial Paints, Coatings Market, coatings
Ukrainian mining and steel producing group Metinvest has announced that it will supply large diameter pipes fabricated from internally produced pipe-making plate for oil and gas pipelines in Iraq. According to Metinvest's statement, the ...
Not content with selling gas domestically, some of China's private gas distribution companies are becoming increasingly ambitious and are planning to enter the LNG import business, competing directly with state-owned LNG buyers such as ...
Tags: Gas, LNG Imports, Natural Gas
Ukrainian mining and steel producing group Metinvest has stated that its metallurgical plants manufactured 33 new products in 2013. The economic benefit from these new products was $42.5 million. Several Metinvest enterprises - Yenakiieve ...
Tags: mining, producing group, Metinvest
Norwegian crude oil production totaled 1.546 million b/d in February, up 6.8% from 1.448 million b/d in February 2013, according to preliminary figures released Thursday by the Norwegian Petroleum Directorate. The latest figure is down ...
Tags: Oil Output, crude oil, NGL
China's CNOOC International Ltd has started preparation work for oil and gas exploration in Iceland's offshore Dreki Area, an official with CNOOC's Investor Relations Department said Friday. This makes CNOOC the first Chinese upstream ...
Russia-based pipe producing company United Metallurgical Company (OMK) has stated that up to August of the current year it will supply 50,000 mt of oil and gas pipeline pipes for application in the V. Filanovsky oil and gas deposit ...
Tags: Metallurgy, Mineral, Energy, Pipes, steel pipe
VDMA's Photonics Congress forecasts rapid growth of the sector in Germany and beyond. Industrialists and politicians mingled at Photonics Congress 2014 in Berlin. At last month’s Photonics Congress 2014, which was hosted in ...
Tags: Photonics, GDP Growth
China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas developer, has become the first Chinese firm licensed to look for oil in the Arctic, a landmark step for overseas energy exploration for the world's ...
Tags: Arctic Oil, Mineral