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China Sets Oil, Gas Supply Targets by 2020

Jan 20, 2017

China aims to increase domestic crude oil output to 200 million tonnes by 2020, while supply capacity for natural gas should exceed 360 billion cubic meters, according to plans published Thursday. China will add 1 billion tonnes of proven ...

Tags: Oil, Gas

SPX FLOW: Chinese Nuclear Power Industry Ambitions

Apr 15, 2016

Spun-off from SPX Corporation in September 2015, SPX Flow, Inc. was formed to pursue a more flow-focused strategy and capitalise on the organisation's strengths for the global food and beverage, power and energy and industrial markets. SPX ...

Tags: SPX FLOW, Nuclear Power Industry

Dow-DuPont Merger Will Impact Low-Density Polyethylene Market: Consultant

Dec 18, 2015

The announced merger between petrochemical giants Dow Chemical and DuPont will have a significant impact on the low-density polyethylene market and could be just the beginning of large-scale consolidations, an industry consultant said ...

Tags: Dow Chemical, DuPont, polyethylene, LDPE

Canada's Alberta Unveils New Carbon Policy for Oil Sands Sector

Nov 24, 2015

Canada's Alberta province Sunday announced a new "climate leadership" plan that includes a cap on greenhouse gas emissions by oil sands producers as it moves to overhaul its image and kick start export opportunities. The cap on emissions ...

Tags: greenhouse gas, oil sands, oil

LED Lamps for Safety Lighting to Reach $250m in 2020

Nov 5, 2015

The sales value of light emitting diode-based lamps for explosion-proof lighting applications will increase from $151.5 million in 2013 to $248.1 million in the year 2020 (equivalent to a 7.3% annual increase), according to the latest ...

Tags: LED Lamps, fluorescent tube, Safety Lighting

Ethanol Europe CEO Urges Ngos to Support Biofuels

Nov 4, 2015

Eric Sievers, the CEO of Ethanol Europe, the holding company of ethanol production facility Pannonia, Tuesday urged support for biofuels from non-governmental organizations (NGOs) and from the European Union itself, at an industry event in ...

Tags: Ethanol, Biofuels, renewables

China's Slowdown, Margin Volatility Among Risks

Jul 28, 2015

German petrochemicals producer BASF said July 24 that it expected the economic slowdown in China, margin volatility and growth uncertainty in Europe to be the biggest risks to growth for its chemicals division during the second half of the ...

Tags: Petrochemicals, oil

Oil Industry Ride out a Further Price Slump to $25 a Barrel

Jan 20, 2015

Oil industry could ride out a further price slump to $25 a barrel since there is no sign within OPEC toward action to support oil prices. It shows that despite lobbying by Iran and Venezuela, there is little chance of collective action by ...

Tags: Oil industry, crude oil

Chinese Oil Companies Prompted to Reduce Output

Jan 11, 2015

Rising production costs and falling global crude prices are prompting Chinese oil companies to reduce output and explore other options for sustainable profit growth in the long term, a leading industry expert said on Tuesday. Part of the ...

Tags: crude prices, Crude Oil

As From June 2013 to May 2014, South Sudan Sold a Total of 35.5 Million Barrels

Jun 4, 2014

South Sudan has received over $3.5 billion from the sale of crude oil between June 2013 and May 2014, the country's oil minister Stephen Dhieu Dau said in a statement made available to Platts in the capital Juba on Sunday. "As from June ...

Tags: crude oil, oil industry

The UK Could See Its First Increase in Offshore Oil Output and The Start of a Recovery

May 15, 2014

The UK could see its first increase in offshore oil output in over a decade this year and the start of a slight recovery, BP regional vice president for Europe, Peter Mather, said Tuesday. His comments were balanced by a longer-term ...

Tags: Oil Output, offshore oil output

The Vegetable Oil Elimination of Quebec's Restrictions Opens a New Market for Innovative

May 5, 2014

The Vegetable Oil Industry of Canada (VOIC) congratulates the government of Saskatchewan and the other western provinces for their success in obtaining an internal trade panel ruling that calls on Quebec to immediately cease enforcement and ...

Tags: Vegetable Oil, Food Products

Targets in The 2014 Renewable Fuel Standard Will Likely Be Revised Higher

Apr 23, 2014

The proposed blending targets in the 2014 Renewable Fuel Standard will likely be revised higher, advocates for multiple industries said Monday. Proponents of the ethanol, biodiesel, advanced biofuels, petrochemicals and biotechnology ...

Tags: ethanol, biodiesel, biotechnology industries

US Ethanol Industry Ask The Supreme Court to Hear Its Challenge to California's LCFS

Mar 24, 2014

The US ethanol industry will ask the Supreme Court to hear its challenge to California's Low Carbon Fuel Standard, two trade groups said Thursday. The Renewable Fuel Association and Growth Energy petitioned the high court to overturn the ...

Tags: Ethanol Industry, Ethanol, oil industry

Dismissing Oil Industry Arguments That New Standard Could Lead to Fuel Shortages

Mar 5, 2014

Beginning in 2017, all gasoline sold in the US must contain less than 10 parts per million sulfur, the US Environmental Protection Agency announced Monday, dismissing oil industry arguments that the new standard is unnecessary and could ...

Tags: Gasoline, Metallurgy

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