China's oil companies are preparing for Mideast uncertainty

Note: This section contains information in English only.
Source: China.org.cn
The largest oil companies in China are looking for ways to limit the effect of geopolitical tensions in Iran and North Africa. Companies are planning to relocate equipment assembling and set up new logistic hubs in the United Arabic Emirates. At the same time, it seems reasonable to diversify investments in other regions like America as well, added Andrew George from Marsh's Energy Practice.
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Tue, 21 Feb 2012 09:09:38 GMT

World's aluminium output declined in January

World's aluminium production fell by 49,000 metric tons attaining 2,140,000 tons last month, reported the International Aluminium Institute. The main falls were in North America, Western Europe and Africa, the IAI added. However, on a yearly basis the production increased by 3,000.

Tue, 21 Feb 2012 08:47:14 GMT

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