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Europe: Shell weighing impact on oil trading of EU sanctions against Iran

p>Shell is working to determine the impact of European Union sanctions against Iran on the company's oil trading activities, Shell's chief financial officer Simon Henry said Thursday. "We need to assess the impact" of the EU sanctions, which were detailed by the EU's official ...

Google seeks to resume Street View operation in Macao

Internet giant Google has sent a letter to the Macao Special Administrative Region (SAR) government, asking to be allowed to recommence the images collecting activities in the SAR for its Street View services, the Macao Post Daily reported on Wednesday. The daily quoted a ...

China's Sep gasoline exports rise 5% on month to 385,695mt: GAC

p>China exported about 385,695mt of gasoline in September, up 5% from one month ago, down 24% compared to a year earlier, showed data from the General Administration of Customs. Sinopec and PetroChina continued increasing gasoline exports while halting imports in September, in ...

Sage's ERP plans

Sage, the world's No. 3 enterprise software vendor, aims to penetrate the Chinese ERP (enterprise resource planning) market, the United States-based firm said Tuesday. Sage, which provides software for small and medium enterprises, expects to add more than 100 mid-market ...

China:Oil edges above $82 after overnight drop

Global oil prices advanced above $82 a barrel in Asian trade Thursday mainly after surprise dips in US gasoline stockpiles. Light sweet crude for December delivery was seen trading at $82.14 a barrel at 12.30 p.m Singapore time while Brent crude was at $ 83.27 a barrel in London.

China: PetroChina raises Nov naphtha ex-refinery price by Yuan 138/mt

PetroChina set November naphtha ex-refinery price for its subsidiary refineries at Yuan 5,111/mt, up Yuan 138/mt or 2.78% from the previous month, according to a source with the oil oligarch. The major has changed its pricing system for naphtha since Sep 1 of 2005, by taking FOB ...

China: PetroChina Jinzhou Petchem trims Nov crude throughput target by 8.62%

PetroChina Jinzhou Petrochemical is scheduled to process 530,000mt of crude in November, down 50,000mt or 8.62% from the previous month, according to a refinery source. The refinery shut a hydrocracker for maintenance due to glitch end October, with resumption date unknown, the ...

Kunlun buys asset from PetroChina for US$3b

Kunlun Energy Co has agreed to buy a 60 percent stake in a gas pipeline operator from its parent, PetroChina Co, for 18.9 billion yuan (US$2.9 billion). Hong Kong-listed Kunlun is the successful bidder for the stake in PetroChina Beijing Gas Pipeline Co in an open tender ...

China: PetroChina Dushanzi Petchem to keep crude throughput flat at 23,000mt/d in Nov

PetroChina Dushanzi Petrochemical arranged to refine 700,000mt of crude in November, with daily throughput stable at 23,000mt compared with the previous month, according to a refinery source. Run rate of the refinery stayed high at around 86% currently, C1 estimated. The refinery...

Microblogs' user base seen to rise

China has more than 125 million microblog users by the end of October and the new media platform has radically changed how people receive information and has also helped them comment on public affairs, an industry report showed. Users tend to voice their opinions widely on ...

2010 proves eventful for IT industry (4)

The dispute was resolved, allowing both tools to co-exist on computers, after the industry regulator intervened. Why and so what? The cat-fight between Tencent and Qihoo 360 raised public awareness about Internet security and privacy protection. It taught many people, for the ...

China's Sep naphtha exports slump 55% on month to 35,700mt: GAC

p>China exported 35,665mt of naphtha in September, sharply down 55% compared with the previous month, 70% less than one year ago, showed data from the General Administration of Customs. The obvious drop was mainly due to booming demand from domestic ethylene producers, which ...

China: Shenyang Paraffin Chemical may continue to stop LPG supply

Shenyang Paraffin Chemical is expected to continue to supply no LPG to the market while retaining the product as feedstock for its deep processing units, a refinery source said without telling exact units. "We kept all LPG for self-use from end September," said the source, adding ...

China Post, Tom team up for e-commerce unit

China Post on Tuesday formed a partnership with Internet company Tom Group to jointly launch an online shopping website, in an effort to cash in on the nation's booming e-commerce industry. The new online platform, Ule.com.cn, will be 51 percent owned by China Post. Tom Group ...

Alibaba, Sohu to build China's 2nd largest search engine

Sohu.com Inc., China's second-largest internet portal announced Monday to introduce Alibaba Group, China's biggest e-commerce firm, as its strategic investor on restructuring its search engine Sogou. According to the agreement, Alibaba and Yunfeng will hold 16 percent stakes in ...

Asia: Rayong Olefins's 800kt/y Ethylene Facility to Undertake Maintenance in Mid-Nov

Rayong Olefins Co., Ltd. plans to shut down its naphtha cracking plant for one-month maintenance on Nov 15th. Located at Map Ta Phut Industrial Estate, Thailand, the plant includes 800kt/y ethylene capacity and 600kt/y propylene capacity. Rayong Olefins Co., Ltd. is owned by Siam ...

Asia: Ube Opens Nylon Plant in Brazil

Ube Engineering Plastics has opened a plant making nylon and specialty chemicals in S o Paulo, Brazil, and will increase nylon compounding capacity for the automotive market during 2011. Ube City, Japan-based Ube also will add almost seven million pounds of capacity for ...

China: Sinopec Q3 Jumps on Strong Refining Margins

HONG KONG - Sinopec, Asia's top oil refiner, said its net profit rose 15 per cent in the third quarter, in line with expectations, due to strong refining margins that offset higher crude prices. Sinopec's improving refining margins in the third quarter reflect a turnaround for ...

Americas: US propylene inventories gain after recent fall to 13-month low

p>After hitting a 13-month low last week, US propylene stocks posted slight rebounds this week. Propylene inventories gained roughly 11,000 barrels to close at 2.122 million barrels for the week ending October 22, according to data released by the Energy Information Administratio...

2010 proves eventful for IT industry

It was a year of the Three As for the information technology industry in China, the world's biggest Internet market. This year, it became clear to anyone following the industry that application, Apple and Android are changing the way people use the Internet and the way businesses ...

Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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