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Tag: crude
Nippon Steel sees Oct-Mar crude steel output of 21.70 mln tonnes
2015-10-29 08:28:36| Steel - Topix.net
Oct 29 Nippon Steel & Sumitomo Metal , the world's second-biggest steelmaker, said on Thursday it plans to produce 21.70 million tonnes of crude steel on a parent basis in the October-March half-year, against 22.08 million tonnes a year earlier. Slumping steel prices in Asia, hit by massive exports from China, and soft demand at home due to slack consumption of cars and houses have forced major steelmakers like Nippon Steel and JFE Steel, a unit of JFE Holdings, to trim output this year.
Aberdeen oil services firm makes record profit despite crude price slump
2015-10-29 03:47:36| Oil & Gas - Topix.net
PLEXUS Holdings, the well technology firm, has achieved record profits in a year when the oil and gas industry was rocked by the plunge in the crude price. Aberdeen-based Plexus made A 5.9 million pre-tax profit in the year to June compared with A 5.4m in the preceding year.
Tags: services
price
makes
record
Crude oil prices slip following US decision to retain interest rates
2015-10-29 01:00:00| Offshore Technology
Crude oil prices have fallen after the US retained existing interests rates, as well as a rise in inventory.
Tags: interest
prices
rates
decision
TransAlta: Environmental Regulations And Cheap Crude Make For A Perfect Storm
2015-10-28 02:19:09| Energy - Topix.net
Every market day, we select up to 20 of our authors' top long and short ideas, exclusively for PRO subscribers. TransAlta's share price has fallen sharply over the last six months in response to the return of cheap petroleum and the election of pro-environment governments in Alberta and Canada.
Tags: make
perfect
cheap
environmental
Is A Rebound In U.S. Crude Production Coming?
2015-10-27 04:52:18| Electronics - Topix.net
The Energy Information Administration reported a weekly decline in U.S. crude oil production of about 500 thousand barrels per day ) from early July through September. This created an impression that U.S. output could be much lower by year-end.
Tags: production
coming
crude
rebound
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