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In January-June, 2008, export of oil products via sea terminal RPK-Vysotsk LUKOIL-II increased by 24%, year-on-year, to 6.456.1 million tonnes, the company informs. According to the company’s official statistics, the terminal exported 1.926.2 million tonnes of heavy fuel oil (+16.2%, year-on-year), 2.433.5 million tonnes of vacuum gas oil (+57.9%), 2.459...
The local tin market ended lower here on Thursday, but the trading volume rose compared with Wednesday. Tin price on the Kuala Lumpur Tin Market decreased 200 U.S. dollars to close at 23,200 U.S. dollars per ton. However, turnover rose to 90 tons from 82 tons on Wednesday. Source: CRIEnglish
The National Basketball Association, the most-watched sports league in China, is opening its first stores in Beijing and using the Olympics to boost popularity in its biggest overseas market. Two merchandise stores in downtown Beijing, smaller versions of the league's flagship in New York, will open this month and are the first of 500 to 1,000 planned ...
Smithfield Foods Inc., the largest pork processor in the United States, will sell a 5-percent stake to China's COFCO Limited, The Wall Street Journal reported Wednesday. Based on Tuesday's closing share price, the deal would amount to about 122 million U.S. dollars, said the report. Last month, Smithfield reported a 94-percent drop in fiscal fourt...
Thai Prime Minister Samak Sundaravej on Wednesday signed contracts with China worth 400 million U.S. dollars in Guangzhou, capital of southern China's Guangdong province. They included deals for two Chinese enterprises to import 280 million U.S. dollars worth of rubber and 140 million U.S. dollars worth of fruit from Thailand. Samak said at the si...
Thai Prime Minister Samak Sundaravej on Wednesday signed contracts with China worth 400 million U.S. dollars in Guangzhou, capital of southern China's Guangdong province. They included deals for two Chinese enterprises to import 280 million U.S. dollars worth of rubber and 140 million U.S. dollars worth of fruit from Thailand. Samak said at the si...
The prospect for a gas cartel among major producers resembling the Organization of Petroleum Exporting Countries (OPEC) diminished on Wednesday after Iran and Russia rejected the idea. To begin with, I think putting the word 'gas OPEC' was a mistake, Iranian Petroleum Minister Gholam Hossein Nozari said at the World Petroleum Congress in Madrid. I...
China National Offshore Oil Company Limited (CNOOC Ltd.) announced on Wednesday that it had begun trial production at a new oil field cluster in the South China Sea. The field's current daily output had reached 14,000 barrels with seven wells under trial production. Located in the Pearl River mouth basin in the western South China Sea off the coas...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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