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
Gulf News reported that the recently issued World Oil Outlook report by OPEC comes at a time when the oil refining industry is passing through many changes around the world. While the refinery distillation capacity is stagnant in the US, ...
Tags: OPEC, oil refining industry, refinery
Saudi Arabia is pushing ahead with a major project to develop the world's fifth largest oilfield which will pump nearly 900,000 barrels per day of heavy crude and 90 million cubic feet per day of sour gas. State owned Saudi Aramco said ...
Tags: oilfield, Heavy crude oil, crude oil
Known in the industry as ‘Metal King’ Mr Anil Agarwal can easily earn a moniker like ‘takeover tycoon’. While strategic acquisitions have helped him build a business empire worth USD 70 billion, what places him in ...
Tags: India, Energy Surplus, Metal King, metal industry
Ghana's presidential candidates have been outlining plans for the oil and gas sector, as the nation gears up for a decisive presidential election on December 7. The People's National Convention candidate, Hassan Ayraiga, said he would ...
Tags: oil, gas, presidential election
It seems that fossil fuels will continue to be the primary source of energy in the decades to come. However, solutions for the accompanying problems – for example the creation of greenhouse gases – have to be provided. Lewa and ...
Tags: Energy, Environment, Power Saving
WHEAT:The 2012/13 U.S.wheat balance sheet is unchanged this month;however,small by-class adjustments are made to projected exports and stocks.Projected exports for Hard Red Winter wheat are lowered 25 million bushels with Hard Red Spring ...
Larsen & Toubro has signed a share sale and purchase agreement with Toshiba Machine Company Ltd, Japan, to sell its entire stake in L&T Plastics Machinery Ltd (L&TPM). The move is pending final closing conditions. L&T did not disclose the ...
Tags: market view, plastics machinery
A timer found in the Shamoon cyber-sabotage malware discovered last week matches the exact time and date when a hacktivist group claims to have disabled thousands of computers from the network of Saudi Aramco,the national oil company of ...
Tags: Shamoon cyber-sabotage malware, Saudi Arabia, oil company, Aramco company
Full year 2011: Sales EUR 73.5 billion (plus 15%) EBIT before special items EUR 8.4 billion (plus 4%) Earnings per share EUR 6.74 (plus 36%) 4th quarter 2011: Sales EUR 18.1 billion (plus 10%) EBIT before special items EUR 1.5 billion ...
Tags: market view
DENVER - Schlumberger announced a service milestone for its HiWAY* flow-channel hydraulic fracturing service. Since its release a year ago, HiWAY has been pumped in nearly 3,000 stages in vertical and horizontal wells in eight countries for ...
An oil filter is a filter designed to remove contaminants from engine oil, transmission oil, lubricating oil, or hydraulic oil. Oil filters are used in many different types of hydraulic machinery. A chief use of the oil filter is in ...
Tags: Industry Knowledge, Learning Center, Oil filter, Purifier&Filter
Russia is once again one of the fastest growing coatings markets in Europe with the strong likelihood that it will soon be the region's largest by value. However there are doubts about whether it will be able to keep up the pace of ...
Tags: coating