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Industry News
Wednesday, February 12, 2014
Detroit meeting takes odd turn as pet coke storage permit no longer sought »
The Detroit Board of Zoning Appeals on Tuesday convened in a large auditorium at City Hall before dozens of concerned res...
Tuesday, February 11, 2014
US employers add 113K jobs; rate dips to 6.6 pct. »
Employers added 113,000 jobs in January, far fewer than the average monthly gain of 194,000 last year. Job gains have aver...
Tuesday, February 11, 2014
Aluminum Faces Deficit in 2015 on Cutbacks, Sumitomo Says »
Japanese trading house Sumitomo Corp. (8053), which has stakes in smelters from Brazil to Australia, f...
Tuesday, February 11, 2014
Tesoro bringing oil by rail, promises safer tanker cars »
The Tesoro Corp. said Thursday it will move to use newer, safer rail cars as it imports increasing amounts of light Bakken...
Tuesday, February 11, 2014
European steel recovery fragile -German industry body »
An expected recovery in the European steel sector could be derailed by fierce competition and rising raw material and ener...
Monday, February 10, 2014
Economy adds only 113,000 jobs -- alarming numbers of working adults stuck in low wage, part-time jo »
The economy created only 113,000 jobs in January, up from 75,000 in December. Colder than normal weather was a factor but...
Monday, February 10, 2014
Colombia's 2013 coal output slips 4 percent in rough 2013 »
Colombia produced 85.5 million tonnes of coalin 2013, the National Mining Agency said on Friday, a four percent year-...
Monday, February 10, 2014
Coal technology not ready for wider adoption, EPA panel told »
Proposed pollution standards for new U.S. power plants, a central part of the Obama administration's climate change plan,...
Monday, February 10, 2014
BHP cuts Australia coal mine jobs as cost pressures mount »
Hard coking coal contracts for the first quarter of 2014 have fallen to their lowest on record to stand at $143 a tonne, d...
Monday, February 10, 2014
HEG credits needle coke prices for accrued margins in Q3 »
HEG  , manufacturer and exporter of Graphite Electrodes in India, has reported impressive numbers for Q3. In an inter...
Monday, February 10, 2014
Lafarge awaits gov't decision on petcoke usage, Egypt »
Lafarge has been ordered by Egypt’s Ministry of State for Environmental Affairs (MSEA) to halt its preparations to build s...
Monday, February 10, 2014
Is the Shipping Slump Over? »
The shipping industry is poised to emerge from its longest downturn in three decades, buoyed by an end to years of overcap...
Monday, February 10, 2014
Washington looks at ending oil refinery tax break »
Washington lawmakers considered a plan Thursday that would eliminate a decades-old tax break now used by oil refineries to...
Thursday, February 6, 2014
Germany December Manufacturing Orders Surprisingly Fell »
Manufacturing orders in Germany surprisingly declined in December, though orders from the euro zone rose significantly, po...
Thursday, February 6, 2014
Tesoro posts quarterly loss »
Tesoro Corp. swung to a loss and widely missed analysts' estimates in the fourth quarter of 2013 as a result of lower refi...
Thursday, February 6, 2014
Wider trade gap may mean slower Q4 economic growth »
The U.S. trade deficit widened in December after hitting a four-year low in November. But for 2013, the gap reached its lo...
Wednesday, February 5, 2014
Canadian group pitches Alaska rail line for oil sands »
Vickers’ Vancouver-based group is proposing a 1,600-mile railroad from Fort McMurray, Alberta, into Alaska.  http:/...
Wednesday, February 5, 2014
Global economy has solid start to 2014: PMIs »
Global growth remained solid at the start of 2014, pointing to a quarterly GDP expansion of 3 percent, according to a repo...
Tuesday, February 4, 2014
Husky approves $300M Ohio refinery upgrade »
Husky Energy has given the green light to a $300-million equipment upgrade at its refinery in Lima, Ohio, so it can proces...
Tuesday, February 4, 2014
South Africa Power may fall coal to 50pct by 2050 »
South Africa, the continent’s biggest coal producer, plans to reduce its reliance on the fossil fuel as a source of electr...
Tuesday, February 4, 2014
BP quarterly profit falls as divestments impact income »
BP’s profit fell 30 percent in the fourth quarter as it felt the impact of its multibillion-dollar divestment program and&...
Monday, February 3, 2014
What’s in State’s Keystone XL oil pipeline report »
A report issued by the State Department on Friday raised no major environmental objections to the controversial Keyst...
Monday, February 3, 2014
California refiners receiving record crude-by-rail volumes from Canada »
The most populous US state received 709,014 bbl of crude from Canada by rail in December, a 4.9% increase from November an...
Monday, February 3, 2014
Eagle Ford crude prompts upgrades at Valero’s Texas refineries »
Valero Energy Corp., the largest US independent refiner-marketer, plans to invest $730 million in upgrading two of its Tex...
Monday, February 3, 2014
Consumer Spending Propelled Fourth-Quarter Growth: Economy (1) »
Consumer spending that rose at the fastest pace in three years helped the U.S. economy grow at a 3.2 percent pace in the f...
Monday, February 3, 2014
Indonesia's export ban to curb China aluminium expansion »
China has found an inadvertent ally in its efforts to slim down a bloated aluminium sector, with Indonesia's ban on export...
Friday, January 31, 2014
Keystone XL oil pipeline clears significant hurdle »
A long-awaited State Department review has raised no serious environmental objections to the proposed Keystone XL oi...
Thursday, January 30, 2014
Australia coal ports shut as cyclone intensifies »
Industrial ports have closed along Australia's Queensland coast as a cyclone strengthens offshore, bringing some of...
Thursday, January 30, 2014
Exxon to move Canadian crude by rail amid pipeline shortage »
With limited pipeline options to ship oil sands crude out of Canada, Exxon Mobil Corp. plans to move up to 100,000 b...
Thursday, January 30, 2014
Texas oil boom could be nearing slowdown, economist says »
While soaring production made 2013 a landmark year for Texas oil and gas, there are signs that a slowdown is approac...
Thursday, January 30, 2014
New Saudi-Sinopec Yanbu refinery on track for 400,000 bpd in Q3 »
Yanbu Aramco Sinopec Refining Co's (YASREF) 400,000 barrels day (bpd) refinery, a joint Saudi Aramco and Sinopec ven...
Thursday, January 30, 2014
China’s Manufacturing Shows First Contraction in Six Months »
China’s manufacturing contracted for the first time in six months in January, adding to stresses in the world’s seco...
Thursday, January 30, 2014
EIA: Ownership of U.S. petroleum refineries has changed significantly since 2000 »
U.S. refining capacity increased since 2000 as capacity additions outpaced the loss of capacity from three major ref...
Thursday, January 30, 2014
Households, trade keep U.S. economy humming in fourth quarter »
Robust household spending and strong exports kept the U.S. economy on solid ground in the fourth quarter, but stagna...
Wednesday, January 29, 2014
Shale boom brings Latin American oil bonus for Indian refiners »
India's state-run refiners are snapping up Latin American oil after upgrading their plants, reaping the benefit of c...

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