Russia's gas giant Gazprom does not expect its 2013 retroactive payments to European clients to be significantly above the Rb23 billion ($699 million) level reached in the first quarter of the year, Mikhail Rosseyev, the company's deputy ...
Tags: Chemicals, gas, Metallurgy, Mineral, Energy
Production of light, sweet crudes from unconventional oil fields in the US is ramping up so fast that at some point it will outpace the country's refining capacity and -- at least for the Gulf Coast -- this could occur within two years, a ...
Tags: Metallurgy, Mineral, Energy, oil, Sweet Oil
Global oil prices are unlikely to drop below $100/b until 2025, supported by OPEC's market management efforts and crude demand growth in Asia, Leonid Fedun, vice president of Lukoil said Tuesday, presenting key findings of the company's ...
Tags: Oil Prices, OPEC's market
Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was up 47 points, or 0.98 per cent, at 4861.4. ...
Tags: Stocks, US Fed Meeting
Consumers who buy the fuel-efficient new cars that will roll out to meet tough new fuel economy standards will save thousands of dollars over the life of the vehicles, according to a new report released today by Consumer Reports. Fuel ...
The market research institute Ceresana forecasts dynamic growth of global demand for Carbon Black: market volume is to increase by more than 3.1 million tonnes until 2019. Rubber products mainly utilize Carbon Black as filler material while ...
Tags: Carbon Black, Construction, pigment
A combination of new supply sources and rising costs at home could mean Australia's burgeoning LNG sector losing ground to new players, several speakers at an oil industry conference in Brisbane warned this week. On Sunday the chief ...
Tags: Australian LNG, New Supply
Petroleum futures were slightly bearish Monday, with ICE July Brent settling 2 cents lower at $102.62/barrel. Volumes were low and markets rangebound for the most part because of holidays on both sides of the Atlantic. Electronic trading ...
Despite mature technology and better cost structures, production forecasts for electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) are gloomy. That is the conclusion of the latest E-mobility Index by Roland Berger Strategy ...
Tags: Electric Cars, Transportation
Gasoline prices in Western Canada and the US Midwest have jumped due to supply issues surrounding the turnaround of Suncor's 135,000 b/d Edmonton, Alberta, refinery, industry sources said Thursday. "Suncor's move to secure gasoline and ...
Tags: Retail Gasoline, Chemicals
Alberta-based Bri-Chem Corp. said Thursday that during Q1 2013, net earnings were $1.8 million compared to net earnings of $2.9 million for 2012, a decrease of 36.6 percent. Bri-Chem is wholesale distributor and manufacturer of oil and gas ...
Tags: Pipe Market, steel pipe
The dramatic sell-off in resources stocks accelerated yesterday and the Australian dollar fell as investors focused on plunging gold and commodity prices and concerns about slowing growth in China. Goldminers again led the local ...
Tags: Markets Tumble, Resources Stocks
The market research institute Ceresana forecasts dynamic growth of global demand for Carbon Black: market volume is to increase by more than 3.1 million tonnes until 2019. Rubber products mainly utilize Carbon Black as filler material while ...
Tags: Carbon Black market, Carbon Black
In Q4 2012, activity in the Eurozone contracted by 0.6% (-0.1% in the previous quarter). The decrease in exports put a drag on GDP growth while domestic demand remained on a negative trend. However, in the first quarter of 2013, the ...
Only a change in the price formation mechanism will reflect the current supply-demand situation for LNG in Asia, not just a bid to reduce the price level, Jonathan Stern, professor at the Oxford Institute for Energy Studies, said at a ...
Tags: price formation mechanism, LNG, Asia