Pancontinental Oil and Gas NL (Australia) has reached agreement with the government of Kenya for the award of three large, prospective, shallow water, onshore/offshore blocks.
Iraq has invited Russian oil company Zarubezhneft to help develop a large oilfield in southern Iraq.
Vietnam has awarded a French-Japanese consortium a contract to build the country's first oil refinery with an investment of USD 1.3 billion, of which USD 700–800 million would be for construction and equipment.
US power plant operators will instal 110 pollution-control devices over the next decade, potentially spending more than USD 5 billion, to curb ground-level ozone levels in the eastern US, according to a new Energy Argus report based on exclusive data.
Shanxi Province, China’s largest coal-producing province, plans to invest RMB 30 billion to expand its power generation capacity in order to transmit the surplus to the power-thirsty north China and Shandong Province.
Stainless steel is a versatile material that finds applications in various industries and everyday products due to its desirable properties. Here are some common applications for stainless steel:
Architecture and Construction: Stainless steel is used in building structures, bridges, facades, and roofing due to its durability, corrosion resistance, and aesthetic appeal.
Medical and Pharmaceutical Equipment: Stainless steel is used in surgical instruments, medical devices, and equipment due to its excellent sterilization capabilities, biocompatibility, and resistance to corrosion and staining.
Chemical and Petrochemical Industry: Stainless steel is utilized in the construction of tanks, pipes, valves, and fittings for handling corrosive chemicals, acids, and gases. It ensures product purity, longevity, and prevents contamination.
Food and Beverage Industry: Stainless steel is widely employed in food processing equipment, brewing systems, storage tanks, and food preparation surfaces due to its corrosion resistance, ease of cleaning, and hygienic properties.
Energy and Power Generation: Stainless steel is used in power plants, nuclear reactors, and renewable energy applications like solar panels and wind turbines. It provides strength, durability, and resistance to high temperatures and corrosion.
Aerospace and Aviation: Stainless steel is utilized in aircraft components, including structural parts, fasteners, and engine components. It offers lightweight strength, high-temperature resistance, and corrosion resistance.
Marine and Coastal Applications: Stainless steel is employed in shipbuilding, offshore platforms, and coastal infrastructure due to its excellent corrosion resistance in saltwater environments.
