Oil to Hit $40 If OPEC Fails to Expand Cuts, Pioneer Says

Oil prices will tumble to $40 a barrel if OPEC doesn’t extend its pact later this year to cut output, according to one of the most prominent producers in the shale patch.

Chinese economy to expand at steady pace

Economic indicators suggest that the Chinese economy will continue to expand at a steady pace, while inflation is...

MCC to expand SE Asia-South China Sea service with new loop

SINGAPORE's intra MCC Transport is making changes to its intra Asia services with the launch of an additional...

China's demand for overseas crude to expand this year

China's dependency on foreign crude will continue to increase this year despite the ongoing strife in major...

Iron-Ore Bear Market Deepens as Aussie Mines Expand

The world is mining more iron ore than steelmakers need. Australia, the largest supplier, sent...

China to expand Yemen's two biggest container ports, build power plants

CHINA will work with Yemen to expand the two main container ports in the southern cities of Aden and Mokha at...

U-Ming to Expand Its Bulker Fleet with Four New Units

U-Ming has entered into a USD 46.8m worth shipbuilding contract with Shanghai Waigaoqiao Shipbuilding for the...