Electric car-maker Tesla Motors has agreed to acquire German company Grohmann Engineering. Accelerating a sustainable energy future is only possible with high-volume factories. They allow us to manufacture high-quality products with ...
Tags: Tesla, Engineering
China has slashed its official target for shale gas production in the medium term by up to a third and now expects to achieve 30 billion cubic meters of output by 2020, according to the country's Ministry of Land and Resources at a briefing ...
The Indonesian government reached a deal with lawmakers late Wednesday to revise down its targets for subsidized fuel consumption and crude production in its 2014 budget to make the figures more realistic, officials said. The measure cuts ...
Tags: fuel consumption, crude production
State-owned PetroChina has hiked its shale gas production target significantly and now expects to produce 2.6 billion cubic meters/year next year, a senior executive was reported as saying Monday. This is an increase from an earlier ...
Tags: PetroChina, Shale Gas
China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas developer, has become the first Chinese firm licensed to look for oil in the Arctic, a landmark step for overseas energy exploration for the world's ...
Tags: Arctic Oil, Mineral
On February 17, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that its subsidiary Hebei Iron and Steel Group Mining Co. (Hebei Steel Mining) produced 694,600 mt of iron ore concentrate in January this year, ...
Tags: Iron Ore, Concentrate
On December 30, Chinese steel producer Hebei Iron and Steel Group announced that in the current year up to and including December 25 the Yanshan iron ore mine of its subsidiary Hebei Iron and Steel Group Mining Co. achieved a total iron ore ...
Tags: steel, metallurgy
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
Ongoing investment in high-tech production equipment, staff and in-house design and innovation have helped boost performance, said the company, which has also beefed up environmental standards. The 14,000m2 plant in Durham, the company's ...
Australian miner BHP Billiton has announced its production results for the first quarter ended September 30, 2013. BHP Billiton expects a five million mt increase in the full financial year guidance for its Western Australia iron ore ...
Tags: Metallurgy, Mineral, Energy
The oil complex pushed sharply lower late in US trade Friday, extending an overnight selloff prompted by a stronger dollar, lower equities markets and OPEC's decision to roll over its 30 million b/d output target following Friday's meeting ...
Tags: Metallurgy, Mineral, Energy, Oil
On March 22, Henan Province-based Chinese steelmaker Anyang Iron and Steel Group Co. issued its financial results for 2012. In 2012, Anyang Steel achieved an operating revenue of RMB 20.951 billion ($3.3 billion), down 29.62 percent on ...
Tags: Anyang Steel, steelmaker, steel
Pakistan’s Ministry of Textile Industry has increased the cotton production target for the forthcoming season to 14.1 million bales, up from the ongoing season’s target of 13.3 million bales, the Ministry informed the Senate ...
Tags: Textile Industry, Textile, cotton production
The UK's BG Group no longer expects to meet a medium-term production target of more than 1 million b/d of oil equivalent by 2015, the company said Tuesday, as short-term production issues in Egypt and the UK continue to weigh on BG's ...
Jilin Province-based Tonggang Mining Co., a subsidiary of Chinese steelmaker Shougang Tonggang Group, has announced that its Banshi iron ore mine, located in Jilin, produced iron ore concentrate amounting to 1.2721 million mt in 2012, up ...
Tags: Iron ore, Banshi mine, Tonggang Mining, iron ore mine