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India Globalization Capital Announces Two New Iron Ore Contracts Valued at $3 Million
India Globalization Capital, Inc., a company competing in the rapidly growing materials and infrastructure industry in India, today announced it was awarded two new Chinese iron ore supply contracts valued at $3.0 million. The orders total 60,000 metric tons of medium-grade iron ore, or 56-grade.
Coking Coal Prices Expected Increase To Reach $200 per ton in 2011
Analysts estimate the price of coking coal will rise to reach levels of $ 200 per ton in 2011. Indications of coking coal price increase is marked by increased demand for coal imports by China. Coking coal prices in the spot market have reached $ 175 per ton, compared to the price of coking coal [...]
Oil and Gas Exploration Project Fall in Prices
From the plains of North Dakota to the deep waters of Brazil, dozens of major oil and gas projects have been suspended or canceled in recent weeks as companies scramble to adjust to the collapse in energy markets.
India’s Plans Steel Price and Mineral Exploration Regulation
The government wants to decrease the steel prices in the domestic market. It has Govt Rules Out Regulating Steel Pricesruled out any possibility of price band on the steel products.
The Steel Secretary, P K Rastogi said that global price of steel is decreasing and its benefit must be delivered in the domestic market of the [...]
India Mining Exploration Sector Review and Mining Investment Future
India is state that is always experiences improvement in doing exploration of mine, as reported in the year 2007 exploration sectors of mine in India experiences improvement of 32 per cent. But in the same year of cost to do exploration of mine experiences improvement 38 per cent.
This condition makes some mine companies to do [...]
New Mining Equipment Investment India, India Sign Agreement With Iran for Building Gas Pipeline
The 7.5-billion-dollar (4.7-billion-euro) project to bring gas from Iranian fields to India and Pakistan had been discussed on the sidelines of the World Petroleum Congress industry event, which ended in Madrid Thursday.
Talks on the 2,600-kilometre (1,615-mile) Iran-Pakistan-India pipeline began in 1994 but were stalled by tensions between India and Pakistan and disagreements over prices and [...]
Saudi Arabia Crude Oil Increase More Produce This year
Saudi Arabia — the world’s top crude exporter — called the gathering Sunday to send a message that it, too, is concerned by high oil prices inflicting economic pain worldwide.
Instead, the meeting highlighted the sharp disagreement between producers like Saudi Arabia and consuming countries like Britain and the United States over the core factors driving [...]
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 [...]
LNG projects need close government scrutiny
Utilisation of Papua New Guinea’s massive gas resources has entered a critical phase following the cancellation early this year of the project to pipe natural gas to Australia.
As indicated in previous columns much attention needs to be given by the government to rational and early development of an liquefied natural gas project as the only [...]
