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Asia:Dollar directs gold, crude oil movements: CRUDE OIL Despite steadily rising over the Asian session, crude futures have most recently come under pressure to the downside once again in early trading over Europe. The most active crude contract for December delivery currently trades at $80.83 a barrel after reaching a daily ...

Asia:Russia, China swap loans for coal: China and Russia are swapping loans for coal, with China furnishing $6 billion for increased coal supplies from Russia, an Energy Ministry official said. Russian Deputy Energy Minister Anatoly Yanovsky said the loans are being supplied with a Russian commitment to increase ...

Americas:Oil spill: Released turtles vital for wildlife rehab: The release of turtles rescued from the BP oil spill in the Gulf of Mexico is a milestone in the rehabilitation of the region's wildlife, conservationists say. This week saw rescued turtles returned to gulf waters off Louisiana six months after the worst offshore oil spill in U.S...

Europe: Croatian Dioki confirms bid for Vinyls Italia sites: p>Croatian petrochemical producer Dioki has submitted a bid to buy the Ravenna and Porto Torres sites of Eni-owned Vinyls Italia, a Dioki spokeswoman said Wednesday. The Zagreb-based company submitted a bid before the October 22 deadline to buy the facilities, the spokeswoman ...

Americas:Statoil to curb emissions by processing nat gas: More than 83,000 tons of carbon emissions will be removed from the atmosphere by processing natural gas associated with a Mexican oil field, Statoil said. Statoil announced that a joint venture with Mexican state oil company Petroleos Mexicanos, or Pemex, to reduce gas flaring at ...

Asia: Taiwan Dairen to keep VAM plants at 70% rates on ethylene shortage: p>Taiwan's Dairen Chemical will keep its vinyl acetate monomer plants in Mailiao at an average of 70% during November, unchanged from October due to a continuing shortage of ethylene feedstock and despite attractive VAM prices, a source close to the company said Wednesday. Dairen ...

Americas: Court tells US MSHA to rework mine refuge chambers training: p>A federal appeals court has agreed that the US Mine Safety and Health Administration must explain why it is requiring "hands-on" training annually rather than quarterly under a final rule for use of refuge chambers in underground mines. But the US Court of Appeals for the ...

Americas: US judge to rule on Roan Plateau suit after breakdown of settlement talks: p>A federal judge in Denver is expected soon to hand down a ruling in the long-running case involving natural gas leases on top of the Roan Plateau in the Piceance Basin of western Colorado following the breakdown of settlement talks that lasted nearly a year. "After multiple ...

Asia: Indian coking coal import prices eroded by weak demand: p>Weak demand and healthy supply exerted downward pressure on the transactable value of hard coking coal imports into India Wednesday. Chinese demand, meanwhile, continued to prop up Australian premium HCC export prices. Platts HCC 64 Mid Vol slipped $2/mt on a CFR India basis to ...

China:A Green long drive that fetches World Record: An electric car developed by a German company Tuesday set what organizers said is a world record when it drove 375 miles without recharging its battery. Mirko Hannemann, 27, drove the yellow and purple all-electric Audi A2 in seven hours from Munich to Berlin, where he arrived ...

China: PetroChina Dushanzi Petchem unlikely to debut Group II outputs within 2010: PetroChina Dushanzi Petrochemical defers Group II base oil outputs, as upgrading project of its base oil production facility which started from the second half of 2009 was uncompleted by now, revealed a company source. Upgrading would be completed next year, he added, saying that ...

Fujian Refining & Petchem hikes daily LPG supply by 50% to 900mt: Fujian Refining & Petrochemical hiked its daily commodity LPG output to 900mt from Oct 28, sharply up 50% or 300mt, a refinery source said. As LPG wholesale prices climbed notably in October, the refinery decided to consume more naphtha and less LPG to produce ethylene, the ...

Asia:Asian giants getting bigger for CDM, Carbon Trading: This year, being part of the Singapore International Energy Week, we can expect the event to further extend its reach, and benefit from the synergies from the gathering of the world s foremost energy thought leaders. As we approach the upcoming round of UNFCCC (United Nations ...

Asia: CPC-Shell to release merely 2,000mt of base oils to spot market in Nov: CPC-Shell Lubricant Co Ltd set to release merely 2,000mt of base oils to the spot market in November, including 250SN and BS150, revealed a company source. The company exported 3,000mt of spot supplies in October. The declined of spot supplies came because demand from underlying ...

UAmericas:S drastically cuts Alaska oil reserves estimate: Eight years after U.S. Geological Survey found that there are around 896 million barrels of undiscovered oil in Alaska, the estimated volume was revised to a significantly lower volume According to new data by the USGA, the National Petroleum Reserve at Alaska was reduced by ...

Middle East: Sabic Talks about Expansion, Highlights Sustainability at K 2010: Officials with Saudi Basic Industries Corp. focused on sustainability at a K 2010 news conference, while also addressing future plans for additional production of polycarbonate and polyurethanes. Sabic -- based in Riyadh, Saudi Arabia -- has placed sustainability at the center of ...

China: Shenhua Wuhai Energy's 300kt/y Methanol Facility Completed Commissioning Successfully on Oct 21st: According to Shenhua Group Co., Ltd., its subsidiary Wuhai Energy Co., Ltd.'s 300kt/y coke oven gas to methanol facility completed commissioning successfully and yielded qualified products on Oct 21st. The construction of the project started on Sept 8th, 2008 and finished in May, ...

Amricas:Florida-based LED firm to set up unit in New York: A Florida firm developing LED lights to replace incandescent and fluorescent bulbs will move some production to New York from China, officials said Wednesday. The Leds America Inc. move to a converted Kingston, N.Y., IBM Corp. campus known as TechCity will add some 100 manufactur...

Asia: Korea Gas issues $500 mil bonds to fund overseas projects: p>South Korea's state-run energy developer Korea Gas Corp, or Kogas, said Wednesday that it has raised $500 million from dollar-denominated bonds to finance its overseas development projects. The 10-year bonds were priced to yield 4.312%, or 1.70 percentage points more than ...

China: World's Largest Single Set Methanol Project in Coal Industry Put on Stream on Oct 15th: Jiutai Energy Inner Mongolia Co., Ltd.'s 1 million t/y methanol project, world's largest single set methanol facility in the coal chemical industry, completed commissioning successfully and put into operation on Oct 15th. Constructed by MCC Tiangong Group Corporation Limited ...

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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: The Number One Document also proposed a new pricing plan for China's ...

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Retailer's Net Profit Falls 3%: A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

Gaming Firms Find Going Tough: Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...

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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: Two models stand beside golf equipment and bags at a recent golf ...

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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