- Chemical Briefs
ICIS-LOR , the global market pricing and intelligence service for the chemicals and oil industry, launched its Ethylene Index which will be used as the benchmark settlement price for the world's first over-the-counter (OTC) ethylene futures contract. Bursa Malaysia , formerly known as the Kuala Lumpur Stock Exchange , began ......
- Callon Petroleum Company Issues Guidance For First Quarter, Full-Year 2007.
NATCHEZ, Miss. -- Callon Petroleum Company (NYSE: CPE) is issuing guidance for the first quarter and full-year 2007. The guidance, found in the table below, is expressed in ranges for the detailed components. [TABLE OMITTED] The preceding guidance estimates contain assumptions that we believe are reasonable. These estimates are based ......
- China: Ethylene capacity increasing 4.05m tons in 10th five-year plan
INSIDE ASIA According to the recent Working Conference on the Nation"s Industrial Development, which was held by the State Planning Commission in Nanchang, the capital of Jiangxi Province, the country plans to increase its ethylene production capacity by 4.05 million tons during the current 10th Five-Year Plan (2001-2005). This includes ......
- UZBEKISTAN - Gazprom-RosNeft
Merger.
The Russian government will raise its direct stake in Gazprom from 38.37% to 51% and will merge it with the state-owned oil producer RosNeft later this year. The merged entity may then bid for YNG to create a national oil and gas giant. The merger will be done through an ......
- Market Report: Houston
Houston, the fourth largest city in the U.S., is bustling with commerce. It serves as a base for the nation's oil and gas industry, is home to world class research hospitals, has a major (and expanding) shipping port, and a robust real estate market. But despite all of that, Houston ......
- Kaiser's annual report hints at cloudy future
While soaring energy prices have clouded the viability of Kaiser Aluminum & Chemical Corp.'s Northwest smelters, other challenges and uncertainties raise questions about the future of Kaiser's plants here, its parent company's new annual report suggests. In the report, filed with the U.S. Securities and Exchange Commission on March 30 ......
- FMC Technologies Increases Ownership of CDS Engineering BV.
HOUSTON -- FMC Technologies, Inc. (NYSE:FTI) announced today that it has increased its ownership stake in CDS Engineering BV ("CDS"). The Company has amended its Sale and Purchase Agreement with minority shareholders of CDS, increasing FMC Technologies' ownership stake in CDS from 50 percent to 91 percent. The Company made ......