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PSA to assemble batteries for hybrid, electric cars in Slovakia

2 days ago NAMEX Comments Off on PSA to assemble batteries for hybrid, electric cars in Slovakia
TREMERY, France (Reuters) – French carmaker PSA, owner of the Peugeot, Citroen and DS brands, will start assembling batteries for its hybrid and electric cars at its plant in Trnava, Slovakia, and later at its plant in Vigo, Spain. The company also expects to assemble batteries at some of its other factories as sales of Read More

Analysis: Upstream push, crude buying strategy top India’s priority list in new term

3 days ago NAMEX Comments Off on Analysis: Upstream push, crude buying strategy top India’s priority list in new term
Reviving domestic oil consumption, attracting investment into the upstream sector and crafting a crude buying strategy amid mounting geopolitical tensions are key challenges ahead for the new Indian government as it starts office for the second term, analysts told S&P Global Platts. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Feature: Weak Chicago distillates market sees little hope for rebound

4 days ago NAMEX Comments Off on Feature: Weak Chicago distillates market sees little hope for rebound
Houston — From winter storms to spring floods, severe weather this year in the US Midwest has kept farmers from planting crops, cutting regional diesel (gasoil) demand as a result. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now But even with prices at multi-month lows, the market is unlikely Read More

Fujairah data: Oil product stocks fall to 4-week low amid soft holiday trading

4 days ago NAMEX Comments Off on Fujairah data: Oil product stocks fall to 4-week low amid soft holiday trading
Dubai — Refined oil product stockpiles at Fujairah in the UAE fell to a four-week low as of Monday, amid muted trading during the Eid-al-Fitr holidays last week, according to data released Wednesday by the Fujairah Oil Industry Zone. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total inventories Read More

Greenway Technologies Annual Shareholders Meeting Scheduled for June 26, 2019

5 days ago NAMEX Comments Off on Greenway Technologies Annual Shareholders Meeting Scheduled for June 26, 2019
ARLINGTON, TEXAS, June 10, 2019 (GLOBE NEWSWIRE) — Greenway Technologies, Inc. (OTCBB:GWTI), an advanced gas-to-liquids technology development company today confirmed that its annual shareholders meeting for fiscal year 2018 is scheduled for June 26, 2019, to be held at the Hilton Hotel, 2401 East Lamar Boulevard, Arlington, Texas, starting at 9:00 a.m. (CT). All shareholders Read More

New marine fuel rules to boost diesel prices for at least a year -analysts

5 days ago NAMEX Comments Off on New marine fuel rules to boost diesel prices for at least a year -analysts
HOUSTON (Reuters) – Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulfur marine fuels, and remain higher for at least a year as refiners shift production to make more of the new fuels, analysts said. Marine fuels containing no more than 0.5% sulfur by Read More

REFINERY NEWS ROUNDUP: Crude supply in Europe still not fully back

6 days ago NAMEX Comments Off on REFINERY NEWS ROUNDUP: Crude supply in Europe still not fully back
London — Crude supply deliveries to European refineries have been normalizing following contamination of crude on the 4,000-km Druzhba pipeline system which ships Russian crude, though some refineries, particularly in Germany, continue to experience supply problems. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Germany’s Leuna refinery issued a Read More

Final warning? China’s rare earths exports fall as trade war with US escalates

6 days ago NAMEX Comments Off on Final warning? China’s rare earths exports fall as trade war with US escalates
The world’s leading producer of rare earth metals, China, reduced its exports of the minerals last month, according to the country’s official customs data. Stopping supplies to the US could cripple the American tech sector. Statistics show that China exported 3,639.5 metric tons of rare earths (which are a group of 17 chemical elements with Read More

The 2020 oil market is quickly turning ugly

6 days ago NAMEX Comments Off on The 2020 oil market is quickly turning ugly
By Javier Blas on 6/9/2019 LONDON (Bloomberg) — Oil bulls thought 2020 would be their year. After half a decade of lower spending on new projects, oil production growth was supposed to slow to a trickle just as demand was supercharged by a once-in-a-generation shake up in the shipping fuel market. Many market commentators predicted Read More

GasLog Ltd. and GasLog Partners LP to Assume Commercial Control of LNG Carriers Operating in The Spot Market

1 week ago NAMEX Comments Off on GasLog Ltd. and GasLog Partners LP to Assume Commercial Control of LNG Carriers Operating in The Spot Market
Monaco, June 06, 2019 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog” or the “Company”) (NYSE:GLOG) and GasLog Partners LP (GasLog Partners or the “Partnership”) (NYSE: GLOP) (together the “Group”) announced today a decision to assume commercial control of their vessels currently operating in the LNG carrier spot market through The Cool Pool. The Cool Pool is Read More