Petroleum industry
Recent research has made significant breakthroughs in the effective degradation of antibiotics in aqueous solutions using the photo-Fenton process. A study published in the Journal of Hazardous Materials found that the optimum operating conditions for treating a solution of amoxicillin, ampicillin, and cloxacillin were achieved with a H2O2/COD molar
Petroleum industry
In January 2010, Russian oil companies drilled 36,000 meters of exploration wells, a 14.6% increase from the same month in 2009, according to the Central Dispatching Department of the Fuel and Energy Complex (CDU TEK). Despite this increase, production drilling decreased by 4% year-on-year to 1.0295 million
Petroleum industry
Brazilian state-controlled oil firm Petrobras has imported around 1.2 million barrels of gasoline in February from various origins, adding to supplies amid a surge in demand. The demand for gasoline has spiked after a difficult harvest for sugar cane, from which ethanol is derived. Most new cars sold in
Petroleum industry
Traders announced that Australian crude oil supply is expected to return to normal in April as Woodside Petroleum Ltd. resumes exports of Vincent crude after a two-month halt due to an outage at the Vincent field. However, the increased supply will coincide with Asian refiners' peak maintenance season in
Petroleum industry
Canadian stocks edged up for the first time in three days, with a weekly gain, as investors seized the opportunity to add to their holdings in the gold industry. The rally came as gold futures rebounded in after-market trading, lifting gold-mining companies such as Goldcorp Inc. and Barrick Gold Corp.
Petroleum industry
The Canadian stock market experienced a significant rally, rising 90.79 points, or 0.8 percent, to 11,408.34, with a two-day gain of 2.8 percent, the largest since Dec. 2. The gains were driven by strong earnings reports from companies such as Whirlpool Corp. and Emerson Electric
Petroleum industry
The Canadian stock market declined due to the strengthening of the US dollar and a drop in oil prices. Among the affected stocks, Cenovus Energy Inc. and First Quantum Minerals Ltd. saw significant decreases, while Royal Bank of Canada rose. The Standard & Poor's/TSX Composite Index saw
Petroleum industry
The BedfordReport.com is a free financial portal accessible to all investors, aiming to provide superior content and research through a user-friendly web platform. As the markets begin to stabilize, the most reliable and effective technique to manage a portfolio is utilizing Modern Portfolio Theory (MPT). The Bedford Report provides
Petroleum industry
As the global economy navigates challenges, the prices of gold, copper, and crude oil have taken a hit. Spot gold prices dropped 1% by 5:00 pm IST due to a stronger dollar, which reduced demand for the metal as an alternative investment. Copper prices followed suit, declining by almost
Petroleum industry
Venezuelan President Hugo Chavez is making desperate overtures to foreign oil companies in a bid to rescue his country's nationalized energy industry, which is on the brink of collapse. The national oil company, PDVSA, has been struggling to extract the country's massive Orinoco oil reserves, with
Petroleum industry
Ghanaian authorities are preparing to file criminal charges against EO, a company set up by two allies of former President John Kufuor, amid allegations of corruption involving a Texas oil company and its local partner that secured control of a key oil block. The case threatens to complicate the sale
Petroleum industry
As Brazil's Petrobras decides to withdraw from the Krishna Godavari basin gas discovery block, India's Oil and Natural Gas Corp (ONGC) and Royal Dutch/Shell are keen on filling the vacuum. Petrobras is willing to offload its 15 per cent stake in the KG-DWN-98/2 block
