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News & Press

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Wednesday, January 29, 2014 State of the US economy: strongest since recession » The U.S. economy is showing more strength than at any time since the Great Recession began six years ago. http://www....
Tuesday, January 28, 2014 Turkey Raises Overnight Lending Rate to 12% » Turkey's central bank Tuesday aggressively increased its overnight lending rate to shore up the lira at an extraordi...
Tuesday, January 28, 2014 U.K. Economic Recovery Slows Slightly in Fourth Quarter -- Update » Britain's economic recovery ebbed in the final three months of 2013, a slight slowdown that could strengthen policy...
Tuesday, January 28, 2014 BPCL plans Rs 13k-cr refinery expansion » India’s second biggest state-run refiner Bharat Petroleum Corporation Ltd (BPCL) plans to spend about Rs 13,000 cror...
Tuesday, January 28, 2014 China's Guangdong to cut oil, coal use, slow carbon emissions growth » China's southern Guangdong province plans large investments in natural gas and clean energy to cut coal and oil use...
Tuesday, January 28, 2014 Rio Tinto share price: Miner in exclusive talks over Shawinigan sale » Rio Tinto Alcan, part of global mining group Rio Tinto plc (LON:RIO), has signed an exclusivity agreement with parti...
Tuesday, January 28, 2014 Richards Bay Coal Terminal Expects Record Exports on Better Rail » Bloomberg reported that South Africa’s Richards Bay Coal Terminal, the world’s largest single facility for the fuel,...
Tuesday, January 28, 2014 Global steel output hits record as confidence improves » Global steel production reached a record high in 2013, with growth speeding up as Asia put a foot an the accelerator...
Friday, January 24, 2014 Pollution board rejects emergency petcoke regulations » An Illinois pollution panel on Thursday rejected proposed emergency rules to control piles of petroleum coke along C...
Friday, January 24, 2014 Shale Boom Forces Pemex to Find New Buyers » For decades, Mexico's state oil company, Petróleos Mexicanos, had the best customer an oil company could want: the U...
Friday, January 24, 2014 Big Rivers to idle 2 Kentucky coal power plants as smelters end deals » Big Rivers Electric Corp said Thursday it would idle two coal-fired power plants in Kentucky due to the loss of powe...
Thursday, January 23, 2014 Refineries Amuay, El Palito operate at 57% of their capacity » In addition to current operations in Amuay refinery, at approximately 270,000 bpd versus a production target of 470,...
Thursday, January 23, 2014 Analysis: Petrobras fuel woes make Brazil dependent on U.S., India » With a dozen decades-old domestic refineries running at what experts say are dangerously high rates to keep pace wit...
Thursday, January 23, 2014 PetroChina delays operation of refineries on overcapacity » PetroChina has put off starting up two new refineries and delayed expansion of another to counter the threat of over...
Thursday, January 23, 2014 Global thermal coal demand to grow 2.75 pct a year until 2017 » Global demand for thermal coal will rise slightly in coming years driven by Japan, South Korea and emerging markets...
Thursday, January 23, 2014 (0 Comments - view/add) Dutch aluminum smelter files for bankruptcy protection » The Dutch company Aldel filed for bankruptcy protection on Dec. 30, 2013. In filing for protection Aldel says that i...
Tuesday, January 21, 2014 Co-op Refinery Complex increases production by 50% » Processing capacity at the Co-op Refinery Complex (CRC) in Regina is improving, with the refinery now able to proces...
Tuesday, January 21, 2014 Canadian Heavy Crude Reaches Six-Month High Against WTI » TransCanada Corp. (TRP)’s line to the Houston refining market from Cushing, Oklahoma, is scheduled to begin shipping...
Tuesday, January 21, 2014 Chinese coal output seen up by 2.7 pct in 2014 » The China National Coal Association said that Chinese coal production is expected to grow 2.7% this year to around 3...
Tuesday, January 21, 2014 Lira plunges to new lows as Turkey holds rates steady » Turkey's central bank kept its key interest rates steady on Tuesday in the face of a political crisis, sending the l...
Tuesday, January 21, 2014 China’s economy grows 7.7 percent in 2013 » China’s economic growth decelerated in the final quarter of 2013 and appears set to slow further, adding to pressure...
Monday, January 20, 2014 Japan Economy 'Recovering for 1st Time Since 2008 » For the first time in six years, the Japanese government clearly declared in its monthly report that the economy is...
Monday, January 20, 2014 Montenegro launches tender for bankrupt aluminium plant » Montenegro on Saturday launched a tender to sell the partially state-owned KAP aluminium plant, its biggest industri...
Monday, January 20, 2014 (0 Comments - view/add) Japan utilities December coal use rises 15 pct y/y - data » Japan's regional power monopolies consumed 15 percent more thermal coal in December than a year earlier to generate...
Monday, January 20, 2014 China Dec coal imports up 1.1 pct y/y at 35.46 mln tonnes-industry website » China's coal imports, including lignite, rose 24.7 percent in December from the previous month to reach 35.46 millio...
Monday, January 20, 2014 Illinois EPA files emergency rules for petcoke » New emergency rules involving the storage of petroleum coke could go into effect as soon as next week, the Illinois...
Monday, January 20, 2014 BHP May Cut 450 Jobs in South Africa Aluminum Smelter Closing » BHP Billiton Ltd. (BHP), the world’s biggest miner, may cut as many as 450 jobs amid plans to close its Bayside alum...
Monday, January 20, 2014 (0 Comments - view/add) Rio Tinto Alcan inaugurates its leading-edge AP60 aluminium smelter in Canada » Rio Tinto Alcan inaugurated the US$ 1.1 billion Arvida Aluminium Smelter, AP60 Technology Centre, in Saguenay-Lac-St...
Friday, January 17, 2014 Shell Says Quarterly Earnings Will Fall 48% » Roughly two weeks into his job, the chief executive of Royal Dutch Shell warned on Friday that the oil company’s fou...
Thursday, January 16, 2014 Global economy at a turning point: World Bank » Global growth is set to accelerate in 2014 as advanced economies turn a corner five years after the global financial crisi...
Thursday, January 16, 2014 Valero trims expansion at Louisiana refinery » Valero Energy Corp. has revised its plans for an expansion of its 250,000-b/d St. Charles refinery at Norco, La., th...
Thursday, January 16, 2014 Record surge in U.S. aluminum premiums rattles end-users » The unprecedented surge in U.S. aluminum premiums to record highs has renewed concerns about the dwindling supplies...
Thursday, January 16, 2014 German Economy Slowed in 2013 Amid European Crisis » The German economy, Europe's biggest, slowed down more than expected last year as other countries' financial trouble...
Thursday, January 16, 2014 (0 Comments - view/add) Global economy at a turning point: World Bank » Global growth is set to accelerate in 2014 as advanced economies turn a corner five years after the global financial...
Thursday, January 16, 2014 Ill. Gov Seeks Statewide Petcoke Restrictions » Jan. 14--Gov. Pat Quinn today moved to require companies that store petroleum coke in Illinois to fully enclose the...
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