China Petroleum and Chemical Corp, or Sinopec, raised its ex-works price for polypropylene in East China by Yuan 100 ($15.90), or 0.9%, to Yuan 11,100/mt Monday, industry sources said. On an import parity basis, the new price is ...
Tags: China, Sinopec, price, polypropylene
US commercial crude stocks likely rebounded slightly last week, following a massive bout of end of year destocking over the prior week, according to a Platts survey of analysts conducted Monday. Analysts polled expect crude stocks to have ...
Tags: US, commercial crude stocks, last week, analysts
China Petroleum and Chemical Corp., or Sinopec, raised its ex-works price for polypropylene in East China by Yuan 200/mt ($31.80/mt), or 1.9%, to Yuan 11,000/mt Friday, a company source said. On an import parity basis, the new price is ...
Tags: Sinopec, PP, polypropylene, PP price
The Platts February LNG Japan Korea Marker ended the Asian trading week at $17.40/MMBtu, up from Monday's $17.15/MMBtu, on the back of sustained demand stemming from cold weather in the Far East. Low temperatures across North Asia boosted ...
Tags: Petroleum, gas, LNG, gas demand
At least a few Japanese refiners have started to consider importing more kerosene for February deliveries amid a particularly bullish winter demand period in the country, industry sources said Friday. Japan has been experiencing a colder ...
Tags: bumper kerosene, refiners, kerosene, kerosene sales
Tehran Times reported that construction work on the Pakistan segment of the Iran-Pakistan gas pipeline project is likely to start by February 2013,and the first gas flow is scheduled to begin by the end of December 2014. According to the ...
Tags: gas pipeline project, gas pipeline, gas, Liquefied Natural Gas
China National Petroleum Corp announced two major overseas acquisitions in mid-December as the oil giant continued its accelerated pace of global expansion. State run CNPC said December 12 it would buy a 10.2% stake in the Browse ...
The Association of American Railroads(AAR)reported Thursday mixed 2012 rail traffic compared with 2011.Combined North American rail volume for 2012 on 13 reporting US,Canadian and Mexican railroads totaled 19,440,940 carloads,down 2 percent ...
Tags: AAR, North American, Canadian, Mexican
Reuters reported that a strategic pipeline for the UAE's oil exports to bypass the Strait of Hormuz could face more delay due to differences with the Chinese construction company. The pipeline will have a capacity of around 1.5 million ...
Tags: UAE New Oil Pipeline, Strait of Hormuz, Chinese construction company
Jiangsu Province-based Chinese steel tube producer Changbao Steel Tube Co. has announced that it has won a tender to supply oil country tubular goods (OCTG) to China National Petroleum Corporation (CNPC). Accordingly, Changbao Steel Tube ...
Tags: Jiangsu, steel tube producer, Changbao Steel Tube, OCTG, CNPC
Indian growth rate of eight core sector industries declined to 1.8% in November, from 7.8% in the same month last year, due to drop in production of coal, natural gas and cement. The Eight core industries have a combined weight of 37.90 ...
Tags: coal, natural gas, cement, Steel, Petroleum Refinery Products
Greenland’s treasure trove of rare earth metals, the largest deposit outside of China, cannot be mined because the elements are connected to restricted radioactive materials. Several reports, such as The Epoch Times’ latest ...
Tags: oil, gas, Greenland, rare earth metals, China
Business Standard reported that GAIL has started issuing compensation to land owners who have lost their land to the gas pipeline project, connecting the Kochi LNG terminal to Bangalore and Mangalore. The first set of cheques were ...
Tags: GAIL, gas pipeline project, gas, India
Mr P Chidambaram the Union Finance Minister has expressed optimism that the Indian economy will continue to grow at a healthy rate even as the global economies face recession. He said that this is because our economy has strong fundamentals ...
Tags: Indian economy, global economies, savings rate, India
Reuters cited Mr Abdul Kareem Luaibi Oil Minister of Iraq as saying that Iraq's oil production has exceeded 3.2 million barrels a day so far this month and it hopes to hit capacity of 4 million barrel per day in 2014. Mr Luaibi said ...
Tags: Iraq, oil, oil production, OPEC