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Middle East:Kazakhstan remains tight-lipped on India oil deal

To an apparent displeasure to India's expectation Kazakhstan remain tight-lipped on India Kazakh oil field agreement. Indian owned Oil and Natural Gas Corp (ONGC) will have to wait for signing of the contract for Kazakhstan's Satpayev oil field as the Central Asian nation seems ...

Americas:Oil rig explosion: 'hazardous conditions still prevail'

A December 1 oil rig explosion off the Louisiana coast that has injured at least three workers illustrates the hazardous and often deadly work conditions that maritime workers face every day, say the Houston maritime injury lawyers of Arnold & Itkin LLP. According to the U.S. ...

China Mobile's 3G base up

China Mobile added more 3G users last month to account for half of the country's total 3G user base, the world's No. 1 mobile carrier said yesterday. In November, China added 1.85 million 3G users to total 18.83 million 3G users, both phone and data card, half of the country's ...

China Unicom adds users

China Unicom yesterday said it added 1.12 million new 3G subscribers for November, with an aggregate 3G subscriber base of 12.78 million. The country's second-biggest telco saw its net additions of 2G subscribers at 604,000 in November, bringing its total 2G user numbers to 152...

Americas: US December propylene contracts settle up 3 cents/lb

US December propylene contracts have begun settling up 3 cents/lb, two producers confirmed late Thursday and early Friday. The new polymer grade propylene CP was set to be 60.50 cents/lb while chemical grade contracts were headed to 59 cents/lb. Initial December nominations were ...

Goso goes for share of China's search market

Goso.cn, a news search engine launched by the People's Daily newspaper, officially became operational on Monday, indicating that a national media organization is ready to grab a share of China's Baidu-dominated Internet search market. Goso.cn, which has been available in a beta ...

Asia: Japan Itochu takes part in Vietnam ethanol project with PetroVietnam

Japan's Itochu said Monday it will participate in a bio-ethanol fuel production business with PetroVietnam Oil, a subsidiary of state-run oil and gas company PetroVietnam, in Binh Phuoc Province of Southern Vietnam. This follows its participation in similar projects in Brazil and ...

Baidu promises crackdown on Internet content

China's largest search engine Baidu Inc plans to invest up to 100 million yuan ($15 million) to fight illegal web content, as part of its efforts to join with the government to crack down on illegal activities online. Baidu on Friday launched a project with the China Internet ...

Asia: China approves 3 companies to work with foreign enterprises on CBM

China's Ministry of Commerce announced that three more state-owned companies will be allowed to cooperate with foreign companies in developing the country's coalbed methane resources. In a notice published late last week, the ministry said the State Council has granted approval ...

Bing's Facebook link could hit Google

Microsoft Corp is hoping its Bing search engine can gain more ground on Google with a little more help from Facebook and its other Internet friends. As part of an extensive upgrade announced on Wednesday, Bing will feature more recommendations and other information from people's ...

Americas: Incoming AGA board chair outlines US gas industry priorities

Incoming American Gas Association Board Chairman John Somerhalder II said Friday that the primary focus of the US natural gas industry should be on improving pipeline safety, and said the industry also would focus its lobbying efforts in Congress to further tax incentives for ...

Nokia files 13 new patent suits

Nokia, the world's top cellphone maker by volume, has filed 13 new patent infringement suits in Europe against United States rival Apple, accusing it of using Nokia technology in its iPhones and iPads. The fresh complaints in Britain, Germany and the Netherlands are part of an ...

EURO GAS: GASPOOL catches up with other Continental prompts

The German GASPOOL day-ahead contract shot up over Eur1.00/MWh from Friday's close, as it traded midday Monday over the Eur24.00/MWh mark catching up with the rest of the Continental European prompt. GASPOOL day-ahead traded at Eur24.30/MWh, at only a 15 euro cent discount to the ...

Chinese version of Windows in pipeline

China is developing its own operating system software akin to Microsoft's Windows in the interest of national defense and for civil applications. China Standard Software signed a strategic cooperation with the National University of Defense Technology yesterday to mark the first ...

Social networks provide ad potential

International and domestic companies, including advertising agencies, are paying more attention to emerging social networking websites as they seek to expand marketing of their brand products. "Watching the latest ad campaign of Nike's and discussing it with friends on Renren.com ...

Americas: Forward oil swaps decline may signal longer-term pessimism: analysts

While front-month heating oil, WTI and RBOB swaps have hit record highs, contracts further out on the curve have flattened dramatically, suggesting that current market optimism may not last. "Forecasts for next year are surprisingly restrained, everyone is around the current ...

China: Sinopec to export from S. China 153,000mt of distillates in Dec, up 26% on month

Sinopec plans to export a combined 153,000mt of distillates produced by subsidiary refineries in South China in December, up 32,000mt or 26% from the previous month, according to refinery sources. Gasoline exports are 50,000mt, surging 96% on month; gasoil exports plunge 47% to ...

China: Fuel oil supply from S. China refineries estimated to shrink 19% to 170,000mt in Dec: on month

Refineries in South China are estimated to supply a combined 170,000mt of fuel oil in December, sharply down 19% from the previous month,a survey found. The commodity output comprises of 39,000mt of slurry, 25,000mt of bituminous feedstock, which was residue sold under the name ...

China: Sinopec Jiujiang Petchem expected to refine 27% less crude daily in Dec

Sinopec Jiujiang Petrochemical is scheduled to process 300,000mt of crude in December, with daily consumption sharply down 27% from the previous month, said a refinery source. The refinery shut a 1-mil-mt/yr fluid catalytic cracker for 40-day maintenance in December, as reported ...

China: PetroChina Jinzhou Petchem's Dec crude throughput target rebounds 13% to 600,000mt

PetroChina Jinzhou Petrochemical plans to refine 600,000mt of crude in December, up 13% on month, a refinery source said, adding the refinery wrapped up month-long maintenance of a hydrocracker at the end of November. Jinzhou Petrochemical, located in Jinzhou City of Liaoning ...

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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