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News & Press

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Industry News
Thursday, January 16, 2014 (0 Comments - view/add) Citgo resumes oil unit in Texas refinery » US refinery Citgo Petroleum Corp reported on the startup of its crude oil unit in the East Plant of its refinery of...
Tuesday, January 14, 2014 China crude steel output growth to slow to 3.1 pct in 2014 -CISA » China's annual steel output growth is expected to slow in 2014 to around 3 percent and reach 810 million tonnes as a...
Tuesday, January 14, 2014 China to boost annual railway coal capacity to 3 bln T by 2020 » China aims to increase its annual railway capacity for coal haulage by around a third by 2020 as part of a new plan...
Tuesday, January 14, 2014 Petrobras Refinery Fires Dim Profit Outlook: Corporate Brazil » Petroleo Brasileiro SA (PETR4)’s two refinery fires in five weeks are darkening its profit outlook as the state-run...
Monday, January 13, 2014 Jobs Report: U.S. Economy Added Just 74K Jobs In December, Unemployment Down To 6.7% » The stretch of positive economic news that led to the Federal Reserve’s decision to begin trimming asset purchases l...
Monday, January 13, 2014 (0 Comments - view/add) Euro zone economy shrank 0.3 percent year/year in third quarter: Eurostat » The euro zone economy shrank 0.3 percent year on year in the third quarter, less than the 0.4 percent contraction es...
Monday, January 13, 2014 China Imports Rise to Help Nation Claim World Trade Crown » China’s imports rose the most in five months in December, indicating that domestic demand will support economic grow...
Monday, January 13, 2014 Exxon chief: US will be energy secure by 2020 (video) » The United States will be energy secure by the end of the decade, Exxon Mobil CEO Rex Tillerson told CNBC Thursday....
Monday, January 13, 2014 Company handling 'petcoke' says improving facilities; Illinois governor announces new rules » A company that handles petroleum coke in the Chicago area says it's improving facilities, including working with the...
Monday, January 13, 2014 Company handling 'petcoke' says improving facilities; Illinois governor announces new rules » A company that handles petroleum coke in the Chicago area says it's improving facilities, including working with the...
Monday, January 13, 2014 UPDATE 1-Colombia port says it could handle some Drummond, CNR coal » Colombia's Santa Marta port has the daily capacity to handle 20,000 tonnes of coal mined by U.S.-based Drummond Co I...
Friday, January 10, 2014 US oil boom will slow in 2015, feds forecast » U.S. daily crude production will slow next year for the first time since the nation’s shale oil boom began three yea...
Friday, January 10, 2014 Unforeseen US oil boom upending markets worldwide » The U.S. oil boom has put European refineries out of business and undercut West African crude suppliers. Now domesti...
Friday, January 10, 2014 Shipping Costs Plunge as Colombia Disrupts Drummond Coal Cargoes » The cost of hauling coal and other commodities had its biggest one-day percentage drop on record after Colombia rest...
Friday, January 10, 2014 UPDATE 1-Refiner PBF starts talks on lobby effort to keep US oil export ban » Independent U.S. refiner PBF Energy has begun talks with a half-dozen of its rivals to consider jointly lobbying Was...
Thursday, January 9, 2014 UPDATE 2-Frigid temperatures snarl some U.S. refinery operations » Frigid weather rattled several U.S. refiners on Tuesday, temporarily affecting production from Canada to Tennessee,...
Thursday, January 9, 2014 China's extra power fees for aluminium smelters not likely to boost prices » China's additional power tariffs aimed at energy-hungry aluminium smelters are not likely to boost prices for the me...
Thursday, January 9, 2014 China approves massive new coal capacity despite pollution fears » China approved the construction of more than 100 million tonnes of new coal production capacity in 2013 - six times...
Thursday, January 9, 2014 Smelter cuts, finance deals send aluminium premiums toward record » Aluminium premiums, or costs to get metal out of storage, have soared to all-time highs in the United States with Eu...
Thursday, January 9, 2014 European Coal Jumps as Drummond Faces Colombia Ban » European coal for delivery next month climbed the most since Nov. 20 as Colombia’s second-largest producer, Drummond...
Tuesday, January 7, 2014 BofA Exits Power, Natural Gas in Europe as Trading Shrinks » Bank of America Corp. will withdraw from Europe’s power and natural gas markets as opportunities shrink and increasi...
Tuesday, January 7, 2014 Pdvsa cuts supply of jet fuel because of downtime in Amuay refinery » The state-run oil company said on Monday that the flexicoker of 72,000 barrels per day (bpd) in Amuay refinery was h...
Tuesday, January 7, 2014 (0 Comments - view/add) India's coal imports rise 20 pct to help fuel new power plants » India's coal imports rose 20 percent to 105.8 million tonnes in April-October from a year earlier as power producers...
Tuesday, January 7, 2014 Dutch aluminium smelter Aldel applies for bankruptcy » Dutch smelter Aluminium Delfzijl (Aldel) has applied for bankruptcy after failing to negotiate an energy deal, the company...
Monday, January 6, 2014 China Shenhua said it aims to learn the trade and bring it back to China, where Chinese officials h » http://fuelfix.com/blog/2014/01/03/chinas-largest-coal-company-to-learn-shale-in-u-s-deal/
Monday, January 6, 2014 Power prices in Germany, Europe’s biggest electricity market, probably will weaken for a record fou » http://fuelfix.com/blog/2014/01/06/german-power-costs-to-fall-further-as-coal-expands/
Monday, January 6, 2014 Shipments of foreign crude fell 1.1 percent to 7.41 million barrels a day, the fewest since January » http://www.bloomberg.com/news/2014-01-03/u-s-crude-imports-fall-to-lowest-level-since-1998.html
Monday, January 6, 2014 Overall, although still subdued, 2014 should produce better growth than the previous year. The larg » http://www.cemnet.com/Articles/story/153619/global-cement-2014-outlook.html
Monday, January 6, 2014 Chinese economy will maintain stable growth in 2014, in spite of a four-month low Purchasing Manage » http://news.xinhuanet.com/english/china/2014-01/06/c_133021019.htm
Monday, January 6, 2014 The operator of a $2.3 billion pipeline between Cushing, Okla., and the Gulf Coast expects to begin » http://fuelfix.com/blog/2013/12/31/pipeline-from-oklahoma-to-start-shipping-jan-22/
Monday, January 6, 2014 A small fire broke out at a petroleum coke plant in Duque de Caxias, a city in Rio de Janeiro state » http://www.business-standard.com/article/news-ians/fire-breaks-out-at-oil-plant-in-brazil-114010600046_1.html
Friday, January 3, 2014 Exports from South Africa’s Richards Bay Coal Terminal, the world’s largest single facility for the » http://www.bloomberg.com/news/2014-01-03/south-african-coal-exports-from-richards-bay-climb-to-record.html
Friday, January 3, 2014 Manufacturing grew in December at the second-fastest pace in more than two years, fueled by a gain » http://www.bloomberg.com/news/2014-01-02/u-s-ism-manufacturing-index-fell-to-57-in-december-from-57-3.html
Friday, January 3, 2014 Asia's manufacturing sector ended 2013 on a strong note, with expansion hitting multi-year highs in » http://in.reuters.com/article/2014/01/02/global-economy-idINL3N0KA11V20140102
Friday, January 3, 2014 American consumers turned more confident in December as hiring picked up, brightening the outlook f » http://www.bloomberg.com/news/2013-12-31/consumer-confidence-index-in-u-s-increased-to-78-1-in-december.html
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