Reuters reported that a dispute between Papua New Guinea and Canada's Nautilus Minerals threatens to sink plans to mine gold and other metals for the first time from the ocean floor. It could also work against efforts by the South Pacific ...
Tags: underwater miner, deposit copper, gold, minerals
Gulf News reported that UK based energy giant BP PLC has been invited back to bid for a renewal of its stake in Abu Dhabi’s oil concession and the Abu Dhabi National Oil Company aims to announce a shortlist of bidders soon. Although ...
Tags: oil, energy giant, oil concession, oil companies
Mr Gurbanguly Berdimuhamedow president of Turkmenistan said that we have to work hard to create favourable conditions for the implementation of the Turkmenistan, Afghanistan, Pakistan and India project. Mr Berdimuhamedow said that the ...
Tags: president of Turkmenistan, capacity of the pipeline, major project
Iraqi Kurdistan's oil exports have halved to around 100,000 barrels per day in recent days in what could be a result of its long running dispute with Baghdad over payments to oil firms operating in the region. An Iraqi oil official said ...
Tags: gas, Metallurgy
According to a Reuters survey, Iran posted increases in its oil output in November. Iranian supply has risen by 40,000 barrels per day to 2.71 million barrels per day. Sources in the survey said that a resumption in sales to South Korea ...
Tags: steel scrap price, iron ore price news, buy steel pipe, high carbon steel
The Kurdish autonomy of Iraq has reduced oil supplies to the central government on account of non payment of debts to foreign companies operating on its territory. Mr Ali Hussein Balou an adviser to the Kurdish Ministry of Natural ...
Reuters reported that OPEC crude oil output has declined in November to its lowest since January because of disruptions to Nigerian output and reduced supplies from Angola and Libya. A Reuters survey found that supply from the 12 member ...
Exxon Mobil USA has allowed the State Oil Company of the Azerbaijani Republic to expand business in Switzerland to 160 petroleum stations launched by mid 2013. The first petroleum station of SOCAR in Switzerland was launched in Zurich in ...
Tags: Socar, State Oil Company, petroleum station
In a surprising reversal, a 5-cent North American polyethylene price increase that seemed to have faded away in December actually took hold in the market. Many buyers contacted mid-month by Plastics News indicated that they did not expect ...
Tags: market view