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Emir of Qatar Inaugurates Pearl GTL Project

Dec 10, 2016

Pearl GTL has been jointly developed by Qatar Petroleum and Shell creating an additional route for Qatar to generate value from its enormous supply of gas. Using innovative technology and engineering, Pearl GTL turns natural gas into high ...

Tags: GTL Project, Emir of Qatar

Novak Says Russia Against Global Oil Output Rise, Rather Than Supporting Cut

Dec 15, 2015

Russia is against an increase in global crude production, rather than favouring a reduction, and remains pessimistic about the possibility of Moscow and Riyadh reaching a production coordination deal, Russia's energy minister Alexander ...

Tags: crude production, OPEC, oil prices

Crude Futures Fall After Iea Warns Glut Will Persist Into 2016

Dec 15, 2015

Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...

Tags: IEA, oil, crude

2014 Business Review VII: New Achievements Made on Combating IPR Infringement and Counterfeiting Work

Oct 23, 2015

In 2014, the National Combating IPR infringement and Counterfeiting Office (hereinafter referred to as “the Office”) strengthened overall coordination, organized specific campaigns on IPR infringement and counterfeiting ...

Tags: Combating IPR infringement, IPR protection

'Global Economic Growth in Next 2 Years to Remain Muted'

Aug 19, 2015

Global economic growth will be muted over the next two years, Moody's Investors Service has said in a quarterly report. According to the report titled “Global Macro Outlook 2015-16: Risks to muted global growth from Chinese asset ...

Tags: economy development, global economy

Vietnam's Petrolimex Cuts Diesel, Kerosene Prices, Keeps Gasoline, Fuel Oil Unchanged

Jun 23, 2014

Vietnam's state-owned Petrolimex, which accounts for more than half of domestic oil product sales, cut its diesel and kerosene retail prices marginally but kept gasoline and fuel oil rates unchanged, effective late Thursday, according to a ...

Tags: Fuel Oil, Gasoline

LNG Volumes From US and Australia Could Lead to a Progressive Convergence of Gas Prices

May 12, 2014

LNG volumes coming on stream from countries including the US and Australia in the next few years could lead to a progressive convergence of global gas prices and more LNG imports into Europe as well as the Far East, US Energy Secretary ...

Tags: LNG Exports, LNG market

OPEC Crude Production Continued Its Downward Trend in November

Dec 12, 2013

OPEC crude production continued its downward trend in November as a new series of output disruptions took hold in Libya and lower volumes from other member countries outpaced an increase of 192,000 b/d in Iraq, monthly estimates from the ...

Tags: Crude Output, Metallurgy

FortisBC Has Received Approval From The BCUC to Modify Natural Gas and Propane Rates

Dec 6, 2013

SURREY, BC, Dec. 2, 2013 /CNW/ - FortisBC has received approval from the BC Utilities Commission (BCUC) to modify natural gas and propane rates. Beginning January 1, 2014 customers will see varying changes to their bill depending on where ...

Tags: FortisBC, natural gas, propane, modify rates, Propane prices

State-Owned PetroChina Announced Its Acquisition of a 25% Stake in The West Qurna 1 Block

Dec 2, 2013

State-owned PetroChina announced Thursday its acquisition of a 25% stake in the West Qurna 1 block in southern Iraq from ExxonMobil. In a brief statement, PetroChina said it "makes formal delivery ... for the acquisition" in the technical ...

Tags: PetroChina, Mineral

The Global Oil Market Is Currently Well Supplied

Nov 19, 2013

The global oil market is currently well supplied but growing demand pressures and ongoing disruptions in some OPEC producing countries could soon reverse a recent spate of softer oil prices, the International Energy Agency said Thursday. ...

Tags: Oil Prices, oil market

Novomer Announced a Major New Application of Its Catalytic Innovations

Oct 9, 2013

Novomer Inc., a sustainable materials company pioneering a family of high-performance polymers and other chemicals from renewable feedstocks such as carbon dioxide (CO2), recently announced a major new application of its catalytic ...

Tags: Coatings Market, Paint

Oil Markets Are Currently Balanced and Inventories Are at Excellent Levels

Sep 29, 2013

Oil Markets are currently balanced and inventories are at excellent levels, but the geopolitical situation is having an impact on prices, Saudi Oil Minister Ali al-Naimi said Tuesday. "The market is in a very good position, supplies are ...

Tags: Oil Markets, Syria crisis

A Top Energy Watchdog Forecast The U.S. Will Bypass Russia in Liquid Fuels Production

Sep 17, 2013

A top energy watchdog forecast the U.S. will bypass Russia in the production of liquid fuels--everything from crude and gasoline to biofuels like ethanol--solidifying America's growing importance in global energy markets. The ...

Tags: Liquid Fuels

European Light Ends Outright Values Reached Six-Month Highs

Aug 30, 2013

European light ends outright values reached six-month highs, tracking rising crude values, as prices soared amidst growing tensions in Syria. "It's rallying with the crude," said one source, referring to the strengthening of the Northwest ...

Tags: oil, Metallurgy, Mineral, Energy

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