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Perú: Glencore Xstrata Vende Proyecto de Mina de Cobre Las Bambas a Consorcio Chino MMG Limited

...Glencore Xstrata plc ha firmado un acuerdo para la venta de toda su participación en el proyecto de mina de cobre Las Bambas en Perú con MMG Limited, un consorcio...
       Thursday, April 17, 2014 Mining

Indian Oil Selects Contractor for Kandla LPG Bottling Plant

...State-run Indian Oil Corporation Limited (IOCL) (BSE: 530965) (New Delhi, India) has selected Optech Engineering Private Limited (Thane, Maharashtra) as the...
       Thursday, April 17, 2014 Terminals

Indian Glass Industry Poised for 50% Growth by 2015, Says ASSOCHAM

...India's Glass Industry is set to see a near 50% growth with the market size increasing from current $3.75 billion to $5.65 billion by 2015. Sectors like infrastructure,...
       Thursday, April 17, 2014 Mining

PETRONAS Launches Hull of World's First FLNG Terminal

...PETRONAS said it has launched the hull of its first floating liquefied natural gas facility in Okpo, South Korea. Daewoo Shipbuilding & Marine Engineering is the main contractor for...
       Thursday, April 17, 2014 Terminals

Glencore Xstrata Sells Las Bambas Copper Mine to China's MMG for $5.9 Billion

...Glencore Xstrata has announced the sale of its copper mine project in Las Bambas, Peru, to a Chinese consortium for $5.85 billion in cash...
       Thursday, April 17, 2014 Mining

GE, Aramco Launch $200,000 Prize Challenge to Improve Desalination Energy Efficiency

...Aramco Entrepreneurship and GE ecomagination (NYSE:GE) are offering a $200,000 challenge for ideas to improve energy efficiency in the seawater desalination process...
       Thursday, April 17, 2014 Power

Outotec's $96 Million Iron Ore Pelletizing Plant Adds to India's Growing Steel Production

...Outotec OYJ will construct an iron ore pelletizing plant in northeastern India at one of the country's oldest mining sites...
       Thursday, April 17, 2014 Mining

German Energy Companies Partner to Tap Turkey's Renewables Potential

...Two German energy companies, PNE Wind and STEAG, have announced the establishment of a joint venture to develop wind power projects in Turkey...
       Thursday, April 17, 2014 Power

Indian Oil Awards Automation Contracts to Chemtrols

...India's state-owned oil marketing company Indian Oil Corporation Limited (IOCL) (BSE: 530965) (New Delhi) has awarded two contracts to Chemtrols Industries Limited (Mumbai) for the automation of its Vashi and Pune Refined Product...
       Wednesday, April 16, 2014 Terminals

GSPC Gears Up for Mundra LNG Terminal

...India's state-owned Gas Company GSPC LNG Limited (GLL) (Gandhinagar, Gujarat) has selected TOYO Engineering India Limited (New Delhi) as the Engineering, Procurement and Construction (EPC) Contractor...
       Wednesday, April 16, 2014 Terminals

Bharat Petroleum Awards Jaipur Terminal Contract to NRP Projects

...India's state-owned oil marketing company Bharat Petroleum Corporation Limited (BPCL) (BSE: 500547) (Mumbai) has awarded a contract to NRP Projects Limited (Chennai) for the construction of its Jaipur Terminal...
       Wednesday, April 16, 2014 Terminals

WTO Expects Global Trade to Grow 4.7% in 2014, After 2.1% Expansion in 2013

...The World Trade Organization (WTO) expects that global trade will expand 4.7% this year because of positive developments in the eurozone and the U.S. The WTO said that it did not expect...
       Wednesday, April 16, 2014 Manufacturing

Mega-Tenders Due from Kuwait's $15 Billion Refinery Project

...Kuwait's new Al-Zour refinery, which will involve an investment of up to $15 billion and have a capacity of 615,000 barrels per day, is to take major bids in May. These tenders will cover the...
       Wednesday, April 16, 2014 Refining

Corporate Funding Flows into Global Solar Power Sector in 2014

...In the first quarter of 2014, about $7 billion worth of funding from global corporate sources was committed to the solar energy sector. The sources included venture capital and private equity...
       Wednesday, April 16, 2014 Power

China's Power Consumption Grows 7.2% in March 2014

...China's overall social power consumption in March reached 454.4 billion kilowatt-hours, an increase of 7.2% from the same month last year, according to the Instant Statistic Report...
       Wednesday, April 16, 2014 Power

China's ZTPC Begins Concrete Foundation Placement for Unit 4 at SDIC's Qinzhou Power Plant

...Zhejiang Thermal Power Construction Company kicked off the concrete foundation placement for the boiler of Unit 4 at SDIC Qinzhou Power Generation Company Limited's 2,000-megawatt expansion project...
       Wednesday, April 16, 2014 Power

Gamesa's India Business Near Doubles, Despite Global Revenue Dip

...Spanish wind turbine-maker Gamesa Corporación Tecnológica (Zamudio, Spain) posted a global-revenue growth of over 14% from its business in India, while the company's total turnover fell from €2.66 billion in 2012 to €2.33...
       Tuesday, April 15, 2014 Power

World Steel Association: Steel Growth Disappoints in 2013, Slow Growth Expected through 2014-15

...Defying all forecasts, the world steel market never came close to recovery in the past year, according to the World Steel Association Outlook for 2014-15...
       Monday, April 14, 2014 Mining

Guizhou to Invest $16 Billion in China's Largest Coal-to-Oil Project

...Southwest China's Guizhou province is planning to invest about $16 billion in the construction of a 6 million-metric-ton-per-year, indirect coal liquefaction project in Bijie city....
       Monday, April 14, 2014 Production

Gezhouba Group Wins $1.87 Billion Construction Contract for Fengning Pump Storage Power Station

...Gezhouba Group No.2 Engineering Company Limited received the Bid of Award from for the civil construction and metal structure installation at the Fengning Pump Storage Power Station on April 1...
       Monday, April 14, 2014 Power

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