News & Press - Worley Consulting

News & Press

Read about recent events, essential information and the latest industry news.

Industry News
Wednesday, February 26, 2014 Hydro boosts capacity for growth market in automotive products » Norsk Hydro ASA will invest in a new production line at its rolled products plant in Grevenbroich, Germany. The new line w...
Wednesday, February 26, 2014 Regulators hike restrictions for oil trains » Regulators ratcheted up restrictions for oil trains in an emergency order on Tuesday, requiring crude from North Dakota an...
Wednesday, February 26, 2014 China's Steel Province Not Cutting Output Capacity Fast Enough -Executive » Current Chinese government efforts to eliminate outdated steel output capacity in Hebei province aren't sufficient, as the...
Wednesday, February 26, 2014 Producers seek Q2 aluminium premium of $370-375/T from Japan buyers » Top aluminium producers have offered Japanese buyers a record premium of $370-375 per tonne for April-June primary metal s...
Wednesday, February 26, 2014 U.S. Issues Emergency Testing Order to Crude Oil Rail Shippers » Federal regulators issued emergency rules Tuesday requiring extensive tests on crude oil moving by rail, concluding the sy...
Wednesday, February 26, 2014 Bill would eliminate Daniels' clean-energy program » Indiana’s flagship clean-energy program, launched by then-Gov. Mitch Daniels and hailed by environmentalists as a way to...
Tuesday, February 25, 2014 US Consumer Confidence Dips Slightly in February » U.S. consumer confidence fell slightly in February over concerns about the near-term outlook for business conditions and j...
Tuesday, February 25, 2014 Foreign trade drives fourth quarter German growth as domestic demand disappoints » Foreign trade propelled growth in Europe's largest economy in the fourth quarter while domestic demand, which ha...
Tuesday, February 25, 2014 Europe Advancing as Weather Chills U.S. Growth: Global Economy » Steadily improving economies in Germany and the U.K. stand in contrast to a slowdown in China, while Mother Natu...
Tuesday, February 25, 2014 Coal imports by Indian power companies surge - minister » Coal imports by Indian power producers surged 31 percent to 66 million tonnes in April-January compared with the same...
Tuesday, February 25, 2014 TABLE-Indian oil refiners processed 4.5 pct less in Jan vs yr ago » Indian refiners processed 4.5 percent less oil in January than a year earlier, the fourth fall in as many months, as the...
Monday, February 24, 2014 OPEC Exports to Slide From 7 1/2 Year High, Oil Movements Says » The Organization of Petroleum Exporting Countries is poised to cut crude shipments from the highest in almost 7 1/2 years...
Monday, February 24, 2014 OMV's quarterly profit halves as Libya unrest cuts output » Profits were also hit by refining margins close to record lows due to sluggish economic recovery and persistent overcapaci...
Monday, February 24, 2014 Citgo Corpus Christi East Plant Said to Have Fire at Crude Unit » Citgo Petroleum Corp. had a fire in a crude unit atmospheric tower at its Corpus Christi, Texas, refinery, two people...
Monday, February 24, 2014 China's Shandong province bans new oil refining projects » Eastern China's Shandong province has banned approvals of new oil refining projects, a state oil major said, the latest mo...
Monday, February 24, 2014 FACTBOX-Aluminium smelter cutbacks and closures » Many aluminium producers have cut loss-making capacity or shut down completely as they struggle with low London Metal Exch...
Friday, February 21, 2014 Despite losses Century wants to reopen Ravenswood smelter, officials say » Despite losing $40.3 million last year, Century Aluminum still hopes to reopen its Ravenswood smelter, the company said in...
Friday, February 21, 2014 Ukraine credit rating cut by S&P as violence continues » One of the world's leading credit rating agencies has downgraded Ukraine in light of political uncertainty and violent...
Thursday, February 20, 2014 Kuwait aims big for its mega refineries » The Kuwait National Petroleum Co. (KNPC) is finally taking a quantum leap in the development and upgrade of its refineries...
Thursday, February 20, 2014 Kuwaiti oil refineries vulnerable to more power problems » Kuwaiti oil refineries are at risk of more shutdowns because of an inadequate power supply system, which has blighted the...
Thursday, February 20, 2014 (0 Comments - view/add) Saudi Aramco expected to restart its Yanbu plant in end-Feb - traders » Saudi Aramco is expected to restart its 240,000 barrels per day (bpd) refinery in Yanbu around end of February following i...
Thursday, February 20, 2014 Brazil's Economy Seen in a Major Downturn » Economists say the data mean the government is likely to declare that economic growth declined in the year's last quarter...
Thursday, February 20, 2014 The economy of the euro bloc grew 0.3 percent in the October-December period from the previous quart » The economy of the euro bloc grew 0.3 percent in the October-December period from the previous quarter, the Eurostat stati...
Thursday, February 20, 2014 Power, steel, cement suggest China's economy not so buoyant » From falling power consumption to record-low steel prices, a clutch of indicators show sluggish investment and d...
Thursday, February 20, 2014 22 new blast furnaces were put into production in 2013 in China » According to statistics released by China Iron and Steel Association, 27 blast furnaces were put into production in China...
Thursday, February 20, 2014 (0 Comments - view/add) U.S. Steel Drops After U.S. Rules Korea Isn’t Dumping » U.S. Steel Corp. (X), the nation’s largest producer of the metal by volume, fell the most in 17 months after the Depa...
Thursday, February 20, 2014 New legislation proposed on petcoke's storage » Illinois Attorney General Lisa Madigan and state Rep. Barbara Flynn Currie have worked together on new legislation regardi...
Thursday, February 20, 2014 (0 Comments - view/add) UPDATE 1-Australia's Origin says manufacturing closures won't hurt power demand » Origin Energy Ltd, Australia's biggest energy retailer, expects little impact on power demand from a string of closures of...
Thursday, February 20, 2014 UPDATE 1-Coal miner Walter Energy beats estimates as costs dro » Coal miner Walter Energy Inc reported a smaller-than-expected adjusted quarterly loss as costs to produce steel-makin...
Thursday, February 20, 2014 (0 Comments - view/add) BHP Billiton Still Views Coal as “Attractive” » Mining Weekly reported that on Tuesday, Graham Kerr, CFO of BHP Billiton Ltd., said during a media conference call that hi...
Thursday, February 20, 2014 U.S. ECONOMICS: Atlanta Fed President Lockhart Expects 2015 Rate Hike » With the Federal Reserve's asset-buying taper under way and expected to be completed by the end of 2014, Atlanta Fed Presi...
Wednesday, February 19, 2014 Regain our comparative advantage in cheap energy » THE closure of Alcoa’s Point Henry aluminium smelter near Geelong and two rolling mills, with the loss of 980 jobs, underl...
Wednesday, February 19, 2014 ANALYSIS: Rise in China demand pushes metallurgical coal market toward spot pricing » Around a quarter of Australian metallurgical coal is sold on a spot basis following a significant increase in production a...
Wednesday, February 19, 2014 (0 Comments - view/add) CB&I Announces Kuwait Refinery Award » CBI announced today it has received an award valued at approximately $370 million by the Kuwait National Petroleum Company...
Wednesday, February 19, 2014 Sign of summer's approach: Gas prices inching up » Gulf Coast refinery maintenance began last week and gas prices have begun to rise as a result. Southeast pump prices jumpe...
View "All News Items" »