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POSCO says still negotiating legal settlement with Nippon Steel

2015-09-15 07:35:32| Steel - Topix.net

POSCO said on Tuesday it was still negotiating a legal settlement with Nippon Steel & Sumitomo Metal Corp after newspapers reported the South Korean steelmaker was in talks to pay its Japanese rival about 30 billion yen in damages for alleged corporate espionage. Officials at POSCO and Nippon Steel said the lawsuits, filed in April 2012, were still proceeding.

Tags: legal steel settlement negotiating

 

JX Nippon wins regulatory approval to develop Culzean field in UK North Sea

2015-09-01 01:00:00| Offshore Technology

JX Nippon Exploration and Production and its co-venturers, Maersk Oil and BP have secured approval from the UK Oil & Gas Authority for the development of the Culzean Field located in the UK Central North Sea.

Tags: north uk field sea

 
 

Nippon Steel to cut July-Sept crude steel output 6 pct

2015-07-29 12:49:39| Steel - Topix.net

Nippon Steel & Sumitomo Metal Corp, Japan's top steelmaker, plans to cut crude steel output in the July-September quarter by 690,000 tonnes or 6 percent from a year earlier as it struggles to bring down inventories. The drop to 10.9 million tonnes is in line with the 6.1 percent fall forecast by the industry ministry in Japan's total crude steel output for the period, which would take it to the lowest level for the quarter in six years.

Tags: cut output steel crude

 

Pemex signs export deal to export six million barrels of crude oil to Nippon Oil

2015-07-27 01:00:00| Hydrocarbons Technology

Mexican state-owned petroleum company, Pemex has signed an agreement to export six million barrels of crude oil from Mexico to Japans JX Nippon Oil & Energy Corporation over the following six months.

Tags: to million deal export

 

Koppers joint venture revises agreement, gets $30M payment from Nippon Steel subsidiary

2015-07-08 15:13:02| Steel - Topix.net

A Chinese joint venture of Pittsburgh-based Koppers Holdings Inc. has revised a supply agreement in exchange for a one-time payment of $30 million. Koppers Carbon Chemical Co.

Tags: agreement payment steel joint

 

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