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oil

FEATURED 

Uncertainty sets the tone for the oil markets in 2023

Feb 6, 2023Feb 5, 2023 admin 0 Comments oil

In Wood Mackenzie’s latest economic outlook, we expect some key economies to enter recession and the global economy to slump

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FEATURED 

Soaring fossil fuel prices are a threat to energy transition

Jan 25, 2023Jan 22, 2023 admin 0 Comments Gas, oil

The crisis caused by Russia’s invasion of Ukraine is the most significant shock to world energy markets since the 1970s.

Read more
FEATURED 

Energy trilemma – affordability, security and sustainability

Jan 22, 2023Jan 22, 2023 admin 0 Comments Gas, oil

The Year of the Tiger was marked by three major paradigm shifts; the commencement of war in mainland Europe, the

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FEATURED 

Soaring fossil fuel prices are a threat to energy transition

Jan 20, 2023Jan 19, 2023 admin 0 Comments Gas, oil

The crisis caused by Russia’s invasion of Ukraine is the most significant shock to world energy markets since the 1970s.

Read more
FEATURED 

Energy transition beyond Putin’s barbaric aggression

Dec 2, 2022Nov 28, 2022 admin 0 Comments Gas, oil

Energy is life – these days, Europeans are experiencing that first-hand. For far too long, Europe has depended on coal,

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News 

The UK energy crisis: How prices became so high

Oct 31, 2022Oct 20, 2022 admin 0 Comments Gas, oil

According to government reports Britain’s new prime minister Liz Truss is planning to freeze household energy bills at broadly the

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Non-Metal 

Sasol performs strongly amid higher energy and chemicals prices

Aug 26, 2022Aug 25, 2022 admin 0 Comments oil, Sasol

Sasol performs strongly against the backdrop of increased volatility resulting from ongoing geopolitical tensions, extended COVID-19 lockdowns and global supply

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FEATURED 

Global commodities in a post-Ukraine-war world

Jul 18, 2022Jul 13, 2022 admin 0 Comments Gas, Metallurgy, oil

Russia’s invasion of Ukraine was a geopolitical quake that will reverberate for decades. Europe is at the centre, its relationship

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Non-Metal 

BHP merger completion and in specie distribution

Jun 16, 2022Jun 9, 2022 admin 0 Comments BHP, Gas, oil

BHP Group (BHP) has announced that the merger of BHP’s oil and gas portfolio with Woodside Energy Group Limited (Woodside)

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News 

President Biden bans the import of Russian oil

Apr 14, 2022Apr 13, 2022 admin 0 Comments oil

President Biden has signed an Executive Order (E.O.) to ban the import of Russian oil, liquefied natural gas, and coal

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News 

Is Putin’s war the fossil war?

Apr 9, 2022Apr 8, 2022 admin 0 Comments Gas, oil, Russia

Burning oil, gas and coal is causing warming and impacts we need to adapt to. And Russia sells these resources

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Non-Metal 

Fascist Russia demands rubble payments for its oil and gas

Apr 2, 2022Apr 1, 2022 admin 0 Comments Gas, oil, Russia

Western countries say Putin’s real aim was to swiftly topple Ukraine’s government, and that its failure is a strategic catastrophe,

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Non-Metal 

Glencore produces more oil and less coal

Mar 25, 2022Mar 23, 2022 admin 0 Comments Coal, Glencore, oil

Glencore’s Coal production of 103.3 million tonnes was 2.9 million tonnes (3%) lower than 2020, reflecting Prodeco’s care and maintenance

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News 

Gold, palladium, oil shoot up whilst Russia’s economy crippled

Mar 8, 2022Mar 8, 2022 admin 0 Comments Gold, oil, PGM metals

Unprovoked Russia’s war on Ukraine has entered its second week and it is no surprise that traders are looking for

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News 

PUTIN’s WAR: the global risks to commodities

Mar 4, 2022Mar 3, 2022 admin 0 Comments Commodities, Gas, oil, PGM metals

The geopolitical tensions caused by Putin’s invasion of Ukraine have had an immediate effect on the global economy and markets.

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News 

As Russia invades, some commodities will benefit more than others

Feb 24, 2022Feb 23, 2022 admin 0 Comments Copper, oil, palladium, Platinum, Russia

Additionally to oil, Russia is also a key supplier of several strategic commodities, all of which should benefit from heightened

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Non-Metal North America 

Oil industry captains set the pace on exploration in the Permian Basin

Feb 8, 2022Feb 7, 2022 admin 0 Comments oil

ExxonMobil and Chevron, flush with cash, have set out their plans for growth in oil and gas production in Texas

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Base Metals 

Ten key developments in the metal and oil industries in 2022

Jan 4, 2022Jan 2, 2022 admin 0 Comments Metallurgy, oil

Wood Mackenzie says its 2021 predictions stood the test of time pretty well. Crude prices rose, more oil and gas companies

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Australia-Oceania 

BHP approves Phase 1 of the Scarborough Project

Nov 24, 2021Nov 23, 2021 admin 0 Comments BHP, oil

BHP has approved US$1.5 billion in capital expenditure for development of the Scarborough upstream project located in the North Carnarvon

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Non-Metal 

BHP and Woodside agree to create a global energy company

Nov 23, 2021Nov 23, 2021 admin 0 Comments BHP, oil

BHP Group (BHP) and Woodside Petroleum have yesterday signed a binding share sale agreement (SSA) for the merger of BHP’s

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Non-Metal North America 

ECA calls for the US to curb energy exports

Oct 13, 2021Oct 13, 2021 admin 0 Comments Gas, oil, USA

Gas buyers in the US have been looking nervously at rising domestic prices. As gas prices have soared in Europe

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Non-Metal World 

The oil market rebalances, natural gas shows seasonal volatility

Sep 7, 2021Sep 6, 2021 admin 0 Comments Gas, oil

Oil prices increased by 39 percent between August 2020 and February 2021 on positive vaccine news and the rapid economic

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Non-Metal 

Woodside and BHP to create a global energy company

Aug 18, 2021Aug 17, 2021 admin 0 Comments BHP, Gas, oil

Woodside Petroleum and BHP Group have entered into a merger commitment deed to combine their respective oil and gas portfolios

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Africa Non-Metal South Africa 

Sasol delivers strong performance despite COVID-19 pandemic

Aug 17, 2021Aug 16, 2021 admin 0 Comments oil, Sasol

Sasol delivered a strong set of results for the year ended 30 June 2021. Earnings before interest and tax (EBIT)

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News 

Response to press speculation regarding BHP’s Petroleum business

Aug 17, 2021Aug 16, 2021 admin 0 Comments BHP, oil

BHP notes the recent press speculation regarding our Petroleum business. As previously stated, BHP regularly reviews its portfolio of assets

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Non-Metal North America 

Shenzi North project approved, Trion project moves into FEED phase

Aug 6, 2021Aug 5, 2021 admin 0 Comments BHP, oil

The BHP Board has today approved US$544 million in capital expenditure to execute the Shenzi North oil project in the

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Africa Non-Metal 

Significant oil discovered offshore Ghana

Jul 20, 2021Jul 19, 2021 admin 0 Comments Ghana, oil

Eni announced a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban 1X

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Africa Non-Metal 

Rwanda to resume search for gas and oil in its volcanic lake

Jul 2, 2021Jul 1, 2021 admin 0 Comments Gas, oil, Rwanda

Rwanda will resume works to explore the prospects of oil in Lake Kivu soon after the project’s Rwf1.038 billion budget

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Africa Non-Metal South Africa 

Sasol restructures existing oil hedges, increases hedge cover ratio

Jun 14, 2021Jun 13, 2021 admin 0 Comments oil, Sasol

Johannesburg – Sasol has made significant progress in deleveraging its balance sheet following a strong operating performance in a more

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Africa Non-Metal 

Zinia Phase 2 starts producing oil in Angola

May 23, 2021May 23, 2021 admin 0 Comments Angola, oil

Total, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, has announced the

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REFRACTORIES & FURNACES

Will India replace China as main producer of alumina?
Asia Refractories/Insulation 

Will India replace China as main producer of alumina?

May 3, 2023May 3, 2023 admin 0

It is evident that the refractory market in Asia will continue its steady growth mainly due to continuous need for

Almatis opened integrated tabular alumina facility in Falta, India
Refractories/Insulation 

Almatis opened integrated tabular alumina facility in Falta, India

May 2, 2023May 2, 2023 admin 0
Precast refractory shapes, their benefits and applications
Refractories/Insulation 

Precast refractory shapes, their benefits and applications

Apr 3, 2023Mar 31, 2023 admin 0
<strong>Magnesia requires a new approach to sourcing and trading</strong>
Refractories/Insulation 

Magnesia requires a new approach to sourcing and trading

Feb 3, 2023Jan 31, 2023 admin 0

LIVE PRECIOUS METAL PRICES



PRODUCT NEWS

POSCO established partnership for hydrogen and ammonia power generation
Product News 

POSCO established partnership for hydrogen and ammonia power generation

May 25, 2023May 23, 2023 admin 0

Hydrogen/ammonia power generation produces electricity by burning hydrogen (H2) or ammonia (NH3), which are carbon-free fuels. When hydrogen or ammonia

Almatis ThermaFill series for thermal interface applications
Product News 

Almatis ThermaFill series for thermal interface applications

May 18, 2023May 17, 2023 admin 0
High-speed forging presses to Saudi Arabia’s biggest casting plant
Product News 

High-speed forging presses to Saudi Arabia’s biggest casting plant

Apr 26, 2023Apr 25, 2023 admin 0
Saarloha to produce the largest round blooms in India
Product News 

Saarloha to produce the largest round blooms in India

Apr 20, 2023Apr 20, 2023 admin 0
Ohmi orders an energy-efficient, latest-generation ring rolling machine
Product News 

Ohmi orders an energy-efficient, latest-generation ring rolling machine

Apr 18, 2023Apr 18, 2023 admin 0
Automated forging line for energy efficiency and optimized processes
Product News 

Automated forging line for energy efficiency and optimized processes

Apr 13, 2023Apr 12, 2023 admin 0
Solar multifunction tool kit for professionals
Product News 

Solar multifunction tool kit for professionals

Apr 13, 2023Apr 12, 2023 admin 0

SERVICES

Paul Wurth completes reline of ArcelorMittal blast furnaces
Services 

Paul Wurth completes reline of ArcelorMittal blast furnaces

Jan 12, 2022Jan 12, 2022 admin 0

Paul Wurth, part of SMS group, has completed its work relining the blast furnaces of ArcelorMittal’s Juiz de Fora steel

Maersk intends to form joint venture with Grindrod in South Africa
Services 

Maersk intends to form joint venture with Grindrod in South Africa

Dec 4, 2021Dec 3, 2021 admin 0
HBIS Wusteel signs maintenance contracts with Primetals
Services 

HBIS Wusteel signs maintenance contracts with Primetals

Jun 1, 2021May 31, 2021 admin 0
Shutdown services tailored to suit customers
Services World 

Shutdown services tailored to suit customers

Mar 3, 2021Mar 2, 2021 admin 0

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