Producer of mineral-based highly engineered advanced materials Luxfer, and manufacturer of rare earth and rare metal-based functional materials Neo Performance, announced that they have mutually agreed to terminate a previously announced transaction under which Luxfer would have acquired Neo for $612 million in cash and stock.
News ID: 3970 Publish Date : 2019/03/11
When OPEC started an oil-price war in late 2014, most people believed U.S. shale was doomed. In reality, the giant oil majors suffered most — burdened by expensive mega-projects, Chevron Corp., BP Plc and the rest struggled to adapt to the fall in energy prices.
News ID: 3956 Publish Date : 2019/03/11
China said it will form a national oil and pipeline company, the first public acknowledgment of the massive energy industry overhaul planned since at least 2014.
News ID: 3879 Publish Date : 2019/03/07
Iranian Energy Minister Reza Ardakanian said that Tehran and Baku are discussing ways to boost cooperation in the energy sector, highlighting that Azerbaijan will serve as a link to connect Iran’s electricity grid with Russia and Georgia.
News ID: 3866 Publish Date : 2019/03/06
Kazakhstan plans to cut its oil exports by around 2% this year to 71 million tons, its energy ministry told Reuters, mainly at the expense of China, amid a production decline.
News ID: 3829 Publish Date : 2019/03/04
For the second year in a row, mineral and coal exploration expenditure in British Columbia increased in 2018.
News ID: 3822 Publish Date : 2019/03/03
Iranian Energy Minister Reza Ardakanian highlighted the neighboring countries’ willingness to import electricity from the Islamic Republic and said they cannot find a better option.
News ID: 3818 Publish Date : 2019/03/03
Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to absorb all the new supply coming on stream over the next months.
News ID: 3816 Publish Date : 2019/03/03
Russian oil output stood at 11.34 million barrels per day in February, down some 75,000 barrels per day from the October level, the baseline for a global deal, but still missing the accord target, Energy Ministry data showed on Saturday.
News ID: 3815 Publish Date : 2019/03/03
The Peruvian government will likely grant Southern Copper Corp a construction license for its $1.4 billion Tia Maria project before its environmental permit expires in August, the energy and mines minister told Reuters on Thursday.
News ID: 3812 Publish Date : 2019/03/02
Oil producing group OPEC is responsible for salvaging the entire oil industry with its deal to curb output, OPEC's secretary general told CNBC, but the US shale revolution has helped to prevent "major, major energy chaos" in the world.
News ID: 3798 Publish Date : 2019/03/02
Electricity experts from Iran, Russia and Azerbaijan are in Moscow, discussing technicalities of creating an energy corridor that envisages the export of electricity from Russia to Azerbaijan and Iran, Russia’s Deputy Energy Minister Anatoly Yanovsky said Monday.
News ID: 3763 Publish Date : 2019/02/27
The Federation of Energy Industries of Iran (FIEEI) in collaboration with ECO Secretariat, ECO CCI and ICCIMA (Iran Chamber of Commerce, Industries, Mining and Agriculture), Iran Energy Association and Iranian Biofuel Society is to hold the “2nd International ECO Energy Conference in Tehran on March 3 and 4.
News ID: 3759 Publish Date : 2019/02/26
The price of copper surged nearly 3% on Friday after stocks held in global warehouses operated by the LME fell to the lowest since 2005.
News ID: 3730 Publish Date : 2019/02/24
Iranian Energy Minister Reza Ardakanian said that the country is after boosting its renewable energies capacity, urging relevant bodies in the country to spare no efforts to this end.
News ID: 3726 Publish Date : 2019/02/24
US crude oil production hit a record 12 million bpd in the week ending February 22, rising by 100,000 bpd from 11.9 million bpd in the previous week, the weekly US Energy Information Administration petroleum data showed as American production is growing faster than forecasts suggested a few months ago.
News ID: 3722 Publish Date : 2019/02/24
The Angas zinc mine, just outside Adelaide and currently under care and maintenance, is about to become the site of 5 MW advanced compressed air energy storage or A-CAES project which will provide synchronous inertia, load shifting and frequency regulation to the area's electrical grid.
News ID: 3657 Publish Date : 2019/02/17
Turkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their "legitimate" business amid the hostile US sanctions.
News ID: 3640 Publish Date : 2019/02/16
OSLO, Feb 14 (Reuters) – Norway's government approved on Thursday the building of a copper mine near Europe's northernmost point despite years of opposition from indigenous Sami herders and fishermen.
News ID: 3623 Publish Date : 2019/02/14
A former member of Iran’s negotiating team with world powers said the Islamic Republic is among the world’s top eight countries that possess a complete nuclear fuel cycle.
News ID: 3620 Publish Date : 2019/02/14