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China Petroleum & Chemical, Sinopec’s Reported Profit May Double on Pricing Changes (Update1)
China Petroleum & Chemical Corp. may double its profit this year, rebounding from the first decline in seven years, as it benefits from relaxed fuel price controls and declining crude oil costs, analysts said.
Tri-Valley To Advance Alaska Gold Mine Exploration and Industria Mineral Properties
Tri-Valley Corporation announced that its minerals subsidiary, Select Resources Corporation, has entered into an official stage of information exchange with industry parties to advance its Alaska gold and industrial mineral properties.
Pressure on oil companies grows to end gas flaring in Nigeria
For three minutes, on the day last May when Royal Dutch Shell released its first quarter earnings figures, a flame shot high into the air in front of the company’s head office in The Hague, scorching a human chain of about 40 protesters that circled it, a few meters away, to block police efforts to [...]
Global Competitors Clamor for Kazakhstan’s Oil
Kazakhstan is in the midst of an oil boom that has made it one of the fastest-growing economies in the world. The oil revenues are transforming what was once a remote backwater that served as a gulag for hundreds of thousands of Soviets deported by Joseph Stalin into an economic powerhouse in Central Asia. [...]
U.S. pursues ethanol technology as key to reducing oil dependence
The sun shone brightly on the crowd gathered at the rusting old oil refinery here, as company officials showed off diagrams explaining how they planned to turn weeds and agricultural wastes into car fuel. Government officials gave optimistic speeches.
In the background, workers were preparing a new network of pipes, tanks and conveyor belts.
A Renewed Push for Ethanol, Without the Corn
The sun shone brightly on the crowd gathered at the rusting old oil refinery here, as company officials showed off diagrams explaining how they planned to turn weeds and agricultural wastes into car fuel.
Government officials gave optimistic speeches. In the background, workers prepared a new network of pipes, tanks and conveyor belts.
The Week Ahead: Safety failings and output woes take toll on BP
BP is likely to steal the corporate limelight this week when it provides a strategy update alongside its full-year results tomorrow. The oil giant had a woeful year in 2006, despite a soaring oil price. BP shares underperformed the FTSE 100 index by 17 per cent, one of its worst performances in a decade.
BP warned [...]
China’s Brightway Petroleum Plans Singapore Unit To Buy Bunker Fuel
Brightway Petroleum Group (Holdings) Co., a privately- owned China-based petroleum company, said in a statement Tuesday that it will set up a wholly owned subsidiary in Singapore to procure oil products – mainly bunker fuel – for supply to southern China.
The formal opening of Brightway Petrochemical Group Singapore Ltd., is scheduled for Dec. 18.
The statement [...]
China’s Brightway Petroleum Plans Singapore Unit To Buy Bunker Fuel
Brightway Petroleum Group (Holdings) Co., a privately- owned China-based petroleum company, said in a statement Tuesday that it will set up a wholly owned subsidiary in Singapore to procure oil products – mainly bunker fuel – for supply to southern China.
The formal opening of Brightway Petrochemical Group Singapore Ltd., is scheduled for Dec. 18.
The statement [...]
