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News & Press

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

Industry News
Monday, October 14, 2013 The Phillips 66 Santa Maria Refinery along Highway One has been in operation for more than 50 years » http://www.kcoy.com/story/23672745/phillips-66-refinery-seeking-expanded-rail-shipments-of-crude
Monday, October 14, 2013 China, the world's top producer and consumer of coal, is considering scrapping a 10 percent tariff » http://www.reuters.com/article/2013/10/12/us-china-coal-idUSBRE99B01X20131012
Monday, October 14, 2013 Figures released by the China Cement Association and reported by The China Perspective show that Ch » http://www.worldcement.com/news/regional-insight/articles/China_cement_output_profit_exports_rise_August_2013_288.aspx#.Ul...
Monday, October 14, 2013 China's export growth fizzled in September to post a surprise fall as sales to Southeast Asia tumbl » http://www.chicagotribune.com/business/sns-rt-us-china-economy-trade-customs-20131011,0,2052363.story
Monday, October 14, 2013 Japan's regional power monopolies burned 24 percent more thermal coal in September than a year earl » http://www.reuters.com/article/2013/10/11/utilities-japan-electricity-idUST9N0F304Y20131011
Monday, October 14, 2013 India's thermal coal imports in July jumped 88 percent from a year earlier, the sharpest rise in th » http://in.reuters.com/article/2013/10/10/india-coal-imports-idINL4N0I01ZK20131010
Monday, October 14, 2013 U.S. crude oil refiners’ stocks are surging Friday following the release of the International Energ » http://247wallst.com/energy-business/2013/10/11/u-s-refiners-boosting-global-supply-iea/
Monday, October 14, 2013 Chevron Corp. (CVX), the world’s third-largest energy producer by market value, said quarterly prof » http://fuelfix.com/blog/2013/10/10/chevron-says-third-quarter-profit-hit-by-refinery-maintenance/
Thursday, October 10, 2013 West Texas Intermediate declined after a government report showed U.S. inventories grew by the most » http://www.businessweek.com/news/2013-10-09/crude-extends-drop-as-u-dot-s-dot-inventories-rise-more-than-expected
Thursday, October 10, 2013 The returns from refining crude oil in Asia are poised to rebound from the lowest levels in three y » http://www.businessweek.com/news/2013-10-09/refiner-gains-in-asia-to-rebound-as-units-shut-energy-markets#p2
Thursday, October 10, 2013 China announced Thursday that it will ban new coal-fired power plants in three key industrial regio » http://www.kimt.com/news/iowa/china-bans-new-coal-fired-plants-in-3-regions
Thursday, October 10, 2013 Demand for imported coal will meet earlier projections, the analyst believes, because local coal pr » http://www.theajmonline.com.au/mining_news/news/2013/october/october-10-2013/other-news/china2019s-coal-producers-struggle...
Thursday, October 10, 2013 A large aluminum smelter that once was the pride of Montenegro has been declared bankrupt. » http://www.washingtonpost.com/business/large-aluminum-smelter-in-montenegro-is-declared-bankrupt-by-a-court/2013/10/09/0b1...
Wednesday, October 9, 2013 Global aluminum premiums have fallen due to "confusion" over the London Metal Exchange's proposal a » http://www.reuters.com/article/2013/10/08/alcoa-results-premiums-idUSL1N0HY28820131008
Wednesday, October 9, 2013 Business confidence in China's services sector slipped in September and growth slowed, a private su » http://www.reuters.com/article/2013/10/08/us-china-economy-pmi-idUSBRE99702120131008
Wednesday, October 9, 2013 The reason for not starting the operation of the smelter is the reluctance of the Odisha government » http://www.business-standard.com/article/companies/vedanta-s-jharsuguda-aluminium-smelter-lies-idle-even-without-protests-...
Wednesday, October 9, 2013 U.S. power companies have shut or converted about 16,000 megawatts (MW) of coal-fired power plants » http://in.reuters.com/article/2013/10/08/utilities-firstenergy-coal-idINL1N0HY1F520131008
Wednesday, October 9, 2013 The London Metal Exchange’s plan to ease congestion at warehouses storing near-record amounts of al » http://www.bloomberg.com/news/2013-10-06/aluminum-costs-seen-dropping-as-lme-unclogs-depots-commodities.html
Wednesday, October 9, 2013 European coal dropped to a record amid expectations that imports of the fuel from Colombia will inc » http://www.bloomberg.com/news/2013-10-09/european-coal-falls-to-record-as-imports-from-colombia-to-resume.html
Wednesday, October 9, 2013 U.S. refiners are selling more fuel abroad than ever before, effectively exporting the American ene » http://online.barrons.com/article/SB10001424052702304441404579123604287854862.html?mod=BOL_article_full_more
Tuesday, October 8, 2013 North American oil production is showing no signs of slowing down and will likely continue growing » http://fuelfix.com/blog/2013/10/08/61-oil-no-problem-for-u-s-producers/
Tuesday, October 8, 2013 The International Monetary Fund (IMF) has trimmed its forecast for global economic growth at the sa » http://www.bbc.co.uk/news/business-24444134
Monday, October 7, 2013 The United States will pass Saudi Arabia and Russia to become the world’s top oil and gas producer » http://fuelfix.com/blog/2013/10/04/united-states-to-become-worlds-top-oil-and-gas-producer-this-year/
Monday, October 7, 2013 orth Africa may be “the next big opportunity” after North America for oil and gas production from s » http://fuelfix.com/blog/2013/10/07/north-africa-is-worlds-next-big-shale-prospect-repsol-says/
Monday, October 7, 2013 China will replace four coal-burning heating plants in the capital Beijing with natural gas fired o » http://in.reuters.com/article/2013/10/05/china-pollution-idINL4N0HV04K20131005
Monday, October 7, 2013 Service industries expanded in September at a slower pace than forecast as more corporate purchasin » http://www.bloomberg.com/news/2013-10-03/services-growth-cooled-ahead-of-u-s-federal-shutdown-economy.html
Monday, October 7, 2013 Ratings agencies say the debt situation is the worst in a decade, which explains why banks are caut » http://www.reuters.com/article/2013/10/03/us-india-debt-companies-idUSBRE99211N20131003
Monday, October 7, 2013 Ormet Corp will immediately close its 270,000-tonne-per-year aluminum smelter in Hannibal, Ohio, a » http://www.reuters.com/article/2013/10/04/us-ormet-aluminum-bankruptcy-idUSBRE99311P20131004
Friday, October 4, 2013 Power companies will trim their demand for natural gas this winter while the industrial sector will » http://fuelfix.com/blog/2013/10/03/forecast-power-industry-to-cool-winter-demand-for-gas/
Friday, October 4, 2013 A surge in U.S. jobs has accompanied America’s new drilling boom, putting workers into the oil fiel » http://fuelfix.com/blog/2013/10/03/economist-u-s-jobs-climb-along-with-oil-boom/
Friday, October 4, 2013 Metals producers are set to benefit at the expense of consumers as the London Metal Exchange consid » http://www.businessweek.com/news/2013-10-03/eurofer-says-has-serious-concerns-about-lme-s-warehouse-plans
Friday, October 4, 2013 India's coal production rose5.45 percent in August from a year earlier, its sharpest monthly increa » http://www.reuters.com/article/2013/10/04/india-coal-output-idUSL4N0HU29W20131004
Friday, October 4, 2013 Euro-area services output expanded more than initially estimated in September, as the 17-nation cur » http://www.businessweek.com/news/2013-10-03/euro-area-september-services-output-expands-more-than-estimated
Thursday, October 3, 2013 Australia's thermal coal exports in 2013/14 are forecast to increase by 6 percent to 192 million to » http://www.reuters.com/article/2013/10/02/us-australia-resources-idUSBRE99102920131002
Thursday, October 3, 2013 The Public Utilities Commission of Ohio voted on Wednesday to approve Ormet Corp's revised power de » http://in.reuters.com/article/2013/10/02/aluminum-ormet-power-idINL1N0HS1IZ20131002
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