Adjusted net income for the third quarter of 2013 excludes after-tax severance charges of $17 million ($0.04 per diluted share) related to restructuring in Latin America, but includes an after-tax charge of $42 million ($0.09 per diluted ...
In the first nine months of 2013, the order intake grew by 1.8% to CHF 3.0 billion. This level was reached despite a slow start to the year in some businesses, in particular, in the water market and in electromechanical services. For the ...
Russia and China on Tuesday signed an agreement by which Russia will supply an additional 10 million tonnes of crude oil to China each year over the next 10 years, Russian Prime Minister Dmitry Medvedev said in Beijing. "(We) will supply ...
Tags: Medvedev, Additional Oil
Asian demand, especially by China, is exploding, but benefits to the nation are years away The global liquefied natural gas war is heating up with an increasing number of companies adding to their production capacities, driven by the ...
Tags: Natural Gas, Energy Darling
Methanex Corporation agreed to sell an approximate 10% equity share in Egyptian Methanex Methanol Company S.A.E. (EMethanex) to Arab Petroleum Investments Corporation (APICORP) for $110 million. The transaction will increase APICORP's ...
Tags: Methanex, Methanol Plant
High pressure pumping applications demand the use of superior-quality and specially designed pumps. The compact and cost-efficient air driven high pressure liquid pumps have been intelligently designed and precision-engineered for pumping a ...
Tags: Liquid Pump, Air Driven Pump
Russia plans to transport 30 million tons of crude oil to China per year through the Skovorodino-Mohe pipeline from January 2018. Rosneft Oil, the biggest oil firm in Russia, said on October 11 that it had reached an agreement with ...
Tags: Metallurgy, Mineral, Energy, Crude Oil
Media reports of China surpassing the United States as the world's biggest oil importer as shown by data from a U.S. government agency were somewhat overrated, experts said. Recently published data by the U.S. Energy Information ...
"We hate it when our friends become successful," lamented Morrissey. Canada's energy industry likely shares the gloomy British singer's sentiment. Canada sits just across the border from the world's largest oil and gas market, and its ...
Tags: Chemicals, Gas, Metallurgy, Mineral, Energy
China and Russia on Tuesday pledged to expand energy cooperation in projects of oil and gas supply, nuclear energy and renewable energy. Chinese Vice Premier Zhang Gaoli and Russian Deputy Prime Minister Arkady Dvorkovich co-chaired the ...
Tags: Chemicals, Energy, nuclear energy, renewable energy
France-based steel pipe manufacturer Vallourec has announced that Vallourec Tubos do Brasil, Vallourec's wholly-owned Brazilian subsidiary, will supply premium pipes for the offshore Xerelete field in Brazil, of which French multinational ...
Tags: Premium Pipes, steel pipe
Amid growing demand for natural gas, China's top economic planner has called for an increase in imports and stronger cooperation with Central Asian countries to ensure a stable supply in the coming winter. The National Development and ...
Tags: Gas Imports, natural gas
The China National Petroleum Corporation (CNPC), parent company of the nation's top oil and gas producer -- PetroChina, predicted on Monday that its natural gas supply at home will increase 13 percent during the upcoming winter and spring ...
Tags: Gas, Metallurgy, Mineral, Energy
Valio, a Finnish dairy firm, has selected Neste Jacobs to provide production optimization at its whey powder facility with the latter's advanced process control (APC) technology. As per the deal, Neste Jacobs will implement the ...
The US federal government has shut many services after failing to pass a spending bill, something that has implications for the highly regulated oil and gas sector. On Friday, talks between House Republicans and President Barack Obama ...