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oil

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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World 

Is commodity market overheated?

May 20, 2021May 19, 2021 admin 0 Comments Copper, Gold, oil

Despite seeing the Blomberg Commodity Spot index rally to a fresh ten-year high with +4% gains recorded in 9 out

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News World 

BHP brings on new supply in copper, petroleum and iron ore

Apr 27, 2021Apr 26, 2021 admin 0 Comments BHP, Copper, Iron ore, oil

BHP’s strong safety and operational performance continued during the quarter, with record year-to-date production at Western Australia Iron Ore, the

Read more
News Non-Metal 

Economic outlook for crude oil and LNG gas

Mar 25, 2021Mar 23, 2021 admin 0 Comments Gas, oil

The outlook for the short term remains uncertain, but with vaccine deployment underway, albeit with some uncertainty as to timing

Read more
Africa Non-Metal 

VAALCO acquires additional interest in Etame Field from Sasol

Mar 12, 2021Mar 11, 2021 admin 0 Comments oil, Sasol

VAALCO Energy has announced that it has now completed the previously announced acquisition of Sasol Gabon SA’s 27.8% working interest

Read more
Non-Metal World 

Upside potential exists for crude oil

Mar 4, 2021Mar 3, 2021 admin 0 Comments Brent crude oil, oil

Brent crude oil prices have surged sharply by about 19% over February-2021 moving above the USD 65 per barrel mark

Read more
Non-Metal World 

Sasol delivers good set of results, decreases debt

Feb 23, 2021Feb 22, 2021 admin 0 Comments oil, Sasol, South Africa

Sasol in its half year interim results says it delivered a good set of results for the six months ended

Read more
News Non-Metal World 

Moderate recovery for oil & gas industries in 2021

Dec 25, 2020Dec 19, 2020 admin 0 Comments Fitch Solutions, Gas, oil

Oil & gas industries are expected to post modest demand gains in 2021, in particular during H2-2021 as the global roll-out

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Ferrous Metals Non-Metal World 

Exxaro reflects on global iron ore, oil and titanium

Dec 6, 2020Dec 5, 2020 admin 0 Comments Iron ore, oil, steelmaking, Titanium

During 2020, the global economy recorded the worst downturn since the 1930s. Global real GDP for 2020 is expected to

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Non-Metal North America 

BHP completes Shenzi Oil Transaction

Nov 8, 2020Nov 11, 2020 admin 0 Comments Americas, BHP, Gulf of Mexico, oil

BHP has announced that it has completed the transaction to acquire an additional 28 per cent working interest in Shenzi

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REFRACTORIES & FURNACES

High grade refractory bauxite from Bonasika Mine in Guyana
Refractories/Insulation 

High grade refractory bauxite from Bonasika Mine in Guyana

May 12, 2022May 11, 2022 admin 0

First Bauxite produces high grade, low impurity bauxite with raw ore alumina contents at 63% and, when sintered, up to

New metallic anchoring system incorporated within ceramic-fiber modules
Refractories/Insulation 

New metallic anchoring system incorporated within ceramic-fiber modules

May 11, 2022May 9, 2022 admin2 0
RHI Magnesita and Horn to create refractories recycling platform
Europe Refractories/Insulation 

RHI Magnesita and Horn to create refractories recycling platform

Apr 25, 2022Apr 22, 2022 admin 0
Refractories for Reheating Furnaces
Refractories/Insulation 

Refractories for Reheating Furnaces

Apr 13, 2022Apr 12, 2022 admin 0

LIVE PRECIOUS METAL PRICES



PRODUCT NEWS

Converter Hood System for efficient gas capture in smelting plants
Product News 

Converter Hood System for efficient gas capture in smelting plants

May 20, 2022May 19, 2022 admin 0

Metso Outotec is launching a modular Converter Hood System for horizontal converter vessels used in the smelting process. The new

Anglo American unveils world’s largest H2-powered mine haul truck
Product News 

Anglo American unveils world’s largest H2-powered mine haul truck

May 19, 2022May 19, 2022 admin 0
Predictive maintenance: moving a production line
Product News 

Predictive maintenance: moving a production line

May 18, 2022May 17, 2022 admin 0
Intelligent instruments for optimizing mining operations
Product News 

Intelligent instruments for optimizing mining operations

May 16, 2022May 15, 2022 admin 0
Peirce-Smith Converter for converting nickel matte for batteries
Product News 

Peirce-Smith Converter for converting nickel matte for batteries

May 13, 2022May 13, 2022 admin 0
Goodbye to the Manometer Needle!
Product News 

Goodbye to the Manometer Needle!

May 13, 2022May 13, 2022 admin 0
Metso Outotec offers three crusher wear solutions
Product News 

Metso Outotec offers three crusher wear solutions

May 8, 2022May 7, 2022 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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