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News & Press

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

Industry News
Monday, November 11, 2013 Ecopetrol, Colombia's publicly traded, state-controlled oil company, said on Friday it will spend a » http://www.reuters.com/article/2013/11/08/ecopetrol-colombia-oil-idUSL2N0IT17O20131108
Monday, November 11, 2013 Independent U.S. refiner Tesoro Corp has tripled the amount of North Dakota Bakken oil delivered by » http://www.reuters.com/article/2013/11/07/tesoro-rail-crude-idUSL2N0IS13N20131107
Monday, November 11, 2013 China's production of refined copper rose 2.9 percent month-on-month to a second straight monthly r » http://www.reuters.com/article/2013/11/11/china-output-basemetals-idUSL4N0IW2RH20131111
Monday, November 11, 2013 The global ocean freight market is seen as generally good this year, with strong demand for coal fr » http://www.albertafarmexpress.ca/news/chinese-demand-for-coal-supports-ocean-freight-market/1002710637/
Monday, November 11, 2013 Spot metallurgical coal in the U.S. slipped on lackluster export demand for the steelmaking ingredi » http://www.bloomberg.com/news/2013-11-08/spot-metallurgical-coal-in-u-s-declines-on-lackluster-demand.html
Monday, November 11, 2013 The Japanese owners of Southeast Asia's only aluminium smelter said they seek an amicable resolutio » http://www.reuters.com/article/2013/11/08/idUSL3N0IT3CE20131108
Monday, November 11, 2013 Indian Oil Corp aims to start its 300,000-barrels-per-day Paradip refinery by April-May instead of » http://profit.ndtv.com/news/corporates/article-ioc-sees-delay-in-paradip-refinery-start-up-371707
Friday, November 8, 2013 Energy Transfer Partners and Trafigura Beheer BV announced plans for a new 82-mile crude oil and co » http://fuelfix.com/blog/2013/11/07/new-crude-pipeline-provides-more-access-to-gulf-coast-for-eagle-ford/
Friday, November 8, 2013 Repsol SA, Spain’s largest oil producer, plans to invest $4 billion in Venezuela through 2022 on ex » http://fuelfix.com/blog/2013/11/08/repsol-plans-to-invest-4-billion-in-venezuela-through-2022/
Friday, November 8, 2013 Standard & Poor's Ratings Services on Friday cut France's credit rating by one notch to AA, sharply » http://online.wsj.com/news/articles/SB10001424052702303309504579184984164551794
Friday, November 8, 2013 Overall, growth accelerated to a 2.8 percent annual rate in the third quarter, the Commerce Departm » http://www.boston.com/business/news/2013/11/07/economy-grows-surprising-pct-rate/O5NmbHW0IP5oZR906WcA5I/story.html
Friday, November 8, 2013 Valero Energy Corp. (VLO) is seeking approval to double the amount of crude handled by a planned ra » http://www.bloomberg.com/news/2013-11-07/valero-st-charles-seeks-to-double-size-of-planned-rail-project.html
Friday, November 8, 2013 Greece's dominant electricity producer PPC threatened on Thursday to ditch its biggest customer, Al » http://in.reuters.com/article/2013/11/07/greece-electricity-idINL5N0IS5OT20131107
Thursday, November 7, 2013 Independent U.S. refinery Tesoro Corp is running 350,000 barrels per month of North Dakota Bakken c » http://www.reuters.com/article/2013/11/07/tesoro-rail-crude-idUSL2N0IS0XK20131107
Thursday, November 7, 2013 China's first coal-to-gas (CTG) project will soon start pumping gas to capital city Beijing to help » http://in.reuters.com/article/2013/11/07/china-datang-coal-to-gas-idINL3N0IR11U20131107
Thursday, November 7, 2013 An increase in China’s oil-refining capacity over the next five years will compensate for plant clo » http://www.businessweek.com/news/2013-11-07/china-mideast-refining-boom-to-offset-europe-slump-opec-says
Thursday, November 7, 2013 Lower earnings were primarily due to the refining segment, as a combination of factors in the third » http://online.wsj.com/article/PR-CO-20131106-916003.html?dsk=y
Thursday, November 7, 2013 The board of the London Metal Exchange has approved changes to its warehousing policy aimed at cutt » http://online.wsj.com/news/articles/SB10001424052702303763804579183253005527882
Wednesday, November 6, 2013 U.S. House Energy and Power Subcommittee Chairman Ed Whitfield (R-Ky.) unveiled draft legislation o » http://www.powermag.com/whitfield-goes-on-offensive-versus-epa/
Wednesday, November 6, 2013 The Dallas company, like Exxon Mobil, Chevron and other energy companies, have struggled recently w » http://www.nbcnews.com/id/53476879/ns/business-us_business/#.UnpYYnDkv3U
Wednesday, November 6, 2013 CHS Inc.’s refinery in McPherson, Kansas, will connect a new coker to existing units next fall duri » http://www.bloomberg.com/news/2013-11-06/kansas-refinery-said-to-plan-tie-in-of-new-coker-unit-in-2014.html
Wednesday, November 6, 2013 Emirates Aluminium (Emal) is ahead of schedule with the expansion of its production capacity to 1.3 » http://www.reuters.com/article/2013/11/06/emal-expansion-idUSL5N0IR1IG20131106
Wednesday, November 6, 2013 A rail car carrying petroleum coke, a coal substitute, derailed on Monday at Valero Energy Corp's 1 » http://www.chicagotribune.com/sns-rt-refinery-operationsvalero-benicia-20131105,0,699212.story
Wednesday, November 6, 2013 The U.S. oil industry, riding a domestic energy boom, is preparing to challenge restrictions on cru » http://www.bloomberg.com/news/2013-11-06/oil-industry-may-invoke-trade-law-to-challenge-export-ban.html
Wednesday, November 6, 2013 A Canadian company has applied to build the largest oil pipeline yet from western North Dakota’s bo » http://fuelfix.com/blog/2013/11/05/company-applies-to-build-pipeline-from-north-dakota/
Tuesday, November 5, 2013 Alberta won’t raise its levy on greenhouse-gas emissions unless the U.S. acts on the issue, Premier » http://www.bloomberg.com/news/2013-11-02/alberta-says-quid-pro-quo-with-u-s-required-on-carbon-rules.html
Tuesday, November 5, 2013 Chinese oil giant China Petrochemical Corp — better known as Sinopec — has done a better job of red » http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20131104000128&cid=1202
Tuesday, November 5, 2013 Chinese leaders have ordered local officials to stop expanding industries such as steel and cement » http://abcnews.go.com/Business/wireStory/china-warns-local-leaders-cut-industry-bloat-20784642
Tuesday, November 5, 2013 US Steel is shutting down half of the coke batteries at Gary Works as part of an overall cost-cutti » http://www.steelguru.com/international_news/US_Steel_to_shutter_two_coke_batteries_at_Gary_Works/327701.html
Monday, November 4, 2013 Profits for oil refiner Phillips 66 dove 67 percent in the third quarter as its refining business f » http://fuelfix.com/blog/2013/10/30/phillips-66-profits-fall-67-percent-on-refining-loss/
Monday, November 4, 2013 Royal Dutch Shell Plc, Europe’s biggest oil company, reported third-quarter earnings that missed an » http://fuelfix.com/blog/2013/10/31/shell-profit-misses-analyst-estimates-as-global-production-drops/
Monday, November 4, 2013 French oil company Total said Thursday that net income fell 10 percent in the July-to-September per » http://fuelfix.com/blog/2013/10/31/poor-refining-margins-drive-profit-down-at-total/
Monday, November 4, 2013 Exxon Mobil’s third quarter earnings fell 18 percent compared with the same period a year ago, but » http://fuelfix.com/blog/2013/10/31/exxon-mobils-profit-falls/
Monday, November 4, 2013 The most populous U.S. state received 531,766 barrels of crude in rail-cars from July through Septe » http://www.bloomberg.com/news/2013-11-01/california-cuts-oil-by-rail-shipments-by-29-in-third-quarter.html
Monday, November 4, 2013 Lower profit margins in Chevron's refinery operations wiped out the benefits of a healthy rise in t » http://www.mercurynews.com/business/ci_24433189/chevron-profits-fall-weaker-refinery-profits-but-says
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