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Wednesday, May 18, 2011

Uraltrubprom receives licence to use API monogram for casing and tubing

Russian pipe maker Uraltrubprom has received a license for the right to use the official monogram of the American Petroleum Institute for pipes made to API 5CT. The license gives the right to use the API monogram with a unique individual number 5CT-1337 for casing and tubing for the oil and

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PetroChina widens refining loss to more than CNY 5 billion in April

Caijing reported that refining losses of PetroChina widened to more than CNY 5 billion in April 2011, following a net loss of CNY 6.132 billion in refining in the first quarter.

Though international oil prices are in decline, with WTI plunged below USD 100 a barrel, refining losses


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Benxi Steel successfully produces nitralloy 38CrMoAl

It is reported that China's Benxi Steel successfully produced nitralloy 38CrMoAl through vacuum production. The technology has reached the advanced level and has been successfully applied for national invention patent.

It is known that 38CrMoAl is high nitrogen steel, with high surface

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Kobe Steel acquires 44pct stake in Wuxi Compressor Co Ltd

Kobe Steel Limited announces that it has acquired a 44.3% equity share in Wuxi Compressor Co Limited, after reaching agreement with parent company Wuxi Victor Group Co Limited. The investment will enable Kobe Steel to help meet rising demand for process gas (non standard) compressors in

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NIOC explores gas reserves in Oman Sea

Shana reported that exploration and estimation of gas hydrate reserves are the most important targets of the National Iranian Oil Company in Oman Sea.

Mr Mahmoud Mohaddes manager for exploration affairs of NIOC said that comprehensive seismic and exploratory operations have been conducted

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