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Green energy can spur Ireland's return to growth

March 28 - Renewable energy should play a major role in spurring Ireland back to growth now the government and economy are both showing signs of stability, Ireland's energy minister said in an interview. Eamon Ryan kept his post as minister for communications, energy and natural ...

Macarthur coal resumes Australia coal shipments

PERTH, March 29 - Macarthur Coal Ltd (MCC.AX), the world's largest producer of pulverized injection coal for steelmaking, has lifted its force majeure declarations following the resumption of rail and port services at Dalrymple Bay Coal Terminal, it said on Monday. Macarthur said ...

China to Beef up Ethylene Capacity Over the Next Three Years

p> PUWORLD(2010-03-24) Propelled by the strong economic growth, China s ethylene capacity would likely grow 44% to 19.08m t/y over the next three years. Before 2013, 5 new ethylene facilities would be successively put on stream, an added capacity of 5.8m t/y. Two new facilities ...

China to Become Dow Chemical s Largest Market by 2025

p> PUWORLD(2010-03-23) China is now the second largest market for Dow Chemical. According to Andrew N. Liveris, Chairman and CEO of this chemical giant, China will become the largest market for Dow Chemical by 2025. Mr Liveris pointed out that Dow Chemical had built more than 30 ...

Gas supply from Nabucco project to start in 2014

ISTANBUL, March 25 - The first flow of natural gas from the Nabucco pipeline project linking Europe to the Caspian Sea region will take place in 2014 as planned, Nabucco Gas Pipeline International said here Thursday. Nabucco Director General Reinhard Mitschek confirmed in a press ...

China s Chemical Output Growth Rate to Hit 13.7%

p> PUWORLD(2010-03-25) The overall economic outlook for the first quarter of 2010 has improved over the end of 2009, although various forces are still constraining recovery, the American Chemistry Council says in a March 18 report on Q1 economics. Global chemical output has ...

Huntsman Completes Turnaround and Inspection of PO/MTBE Facility

p> Huntsman Corp. said that it has completed its turnaround and inspection of its PO/MTBE facility in Port Neches, TX. This scheduled maintenance started in January 2010 and lasted approximately two months. The financial impact on the first quarter was in line with previous ...

U.S. natural gas industry fights back on fracking

March 25 - U.S. natural gas industry officials on Thursday defended a controversial drilling technique known as hydraulic fracturing as the industry braces for possible new government regulations. Hydraulic fracturing injects millions of gallons of water, sand and a proprietary ...

Ukraine delegation leaves for Moscow on gas talks

KIEV, March 23 - A Ukrainian delegation left here Tuesday for gas negotiations with Russia in Moscow, a spokesman for the state energy company Naftogaz said. The delegation was headed by Fuel and Energy Minister Yuri Boiko and new Naftogaz chief Yevhen Bakulin, the Interfax...

Crocotta Energy swings to Q4 profit

March 25 - Canada's Crocotta Energy Inc (CTA.TO) swung to a fourth-quarter profit, as stabilizing commodity prices propped up oil and gas revenue. The oil and natural gas company posted net income of C$3.3 million, or 5 Canadian cents a share, compared with a loss of C$2.5 ...

Celanese Announces Emulsions Price Increases in North America

p> 16 Mar 2010 - Celanese Corporation announced that it will increase the price of all vinyl acetate homopolymer and vinyl acetate ethylene emulsions sold in North America, effective April 1, 2010, or as contracts allow. All vinyl acetate homopolymer and vinyl acetate ethylene ...

S.Korea Feb LNG, coal imports jump yr/yr

March 15 - South Korea's imports of liquefied natural gas (LNG) jumped 21 percent year-on-year in February, customs data showed on Monday. South Korea, the world's second-largest LNG buyer after Japan, imported 3.4 million metric tones of LNG in February, up from 2.9 million ...

Ivory Coast protesters dispersed with tear gas

ABIDJAN, Feb 20 - Ivorian security forces dispersed protesters with tear gas in southwestern Gagnoa town on Saturday, witnesses and protesters said, a day after opening fire on them in the same town, killing five. "The police are here and they have launched tear gas to disperse ...

Oil demand and price will rise in H2: Iran official

TEHRAN - Iran sees an increase in oil demand in the second half of 2010 by between 1 and 1.4 million bpd which the major OPEC producer thinks will cause a rise in oil prices, Iranian media said on Saturday. "Based on projections, the global demand for oil in the second half of ...

No more Iraqi oilfields for foreign companies: prime minister

BASRA, Iraq - Iraq has no further plans to use foreign firms to develop its oilfields beyond ones auctioned off last year, the country's prime minister said on Saturday, ahead of a national election next month. Analysts say that foreign companies may have accepted the tough terms ...

Going green never tasted so good

p> 2 20 While the closest thing most students get to gardening is stealing virtual vegetables on kaixin001.com, 28-year-old Shi Yan, a Ph.D candidate in agriculture at Renmin University of China (RUC), is going organic, promoting eco-agriculture and healthy living by bringing co...

China allocates 12.7 bln USD farming subsidy

p> 2 20 China's Ministry of Finance (MOF) announced Thursday it had earmarked 86.7 billion yuan (12.7 billion U.S. dollars) of subsidy for grain-growing farmers nationwide. The subsidy is to partly offset the seed, pesticide and chemical fertilizer cost of farmers in their spring ...

Nigeria oil savings drop to $6.2 bln - minister

ABUJA, Feb 8 - Nigeria's windfall oil savings in its excess crude account have fallen to around $6.2 billion as the government spent to counter the impact of a global downturn, junior finance minister Remi Babalola said on Monday. Finance Minister Mansur Muhtar said in October ...

Penn. seeks 5 pct-plus tax on shale gas output

HARRISBURG, Pennsylvania, Feb 9 - Energy companies drilling for natural gas in Pennsylvania's Marcellus Shale would have to pay a wellhead tax of more than 5 percent under a proposal unveiled on Tuesday by Governor Ed Rendell. Rendell wants to charge drillers 5 percent of the ...

Woodside in talks with at least 3 firms for Browse gas

PERTH, Feb 9 - Australia's Woodside Petroleum Ltd (WPL.AX) is in talks with at least three firms that are willing to be foundation customers for its Browse liquefied natural gas project, Chief Executive Officer Don Voelte said on Tuesday. Voelte said the company had not offered ...
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