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News & Press

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

Industry News
Tuesday, August 20, 2013 The real GDP of the United States Virgin Islands fell by 13.2 percent in 2012, according to the Uni » http://www.caribjournal.com/2013/08/19/hovensa-shutdown-leads-to-significant-drop-in-us-virgin-islands-gdp/
Tuesday, August 20, 2013 A western Kentucky electric utility is telling customers their rates will increase by more than 20 » http://www.therepublic.com/view/story/73be86224a794841bc3628831f286f44/KY--Aluminum-Smelter-Kentucky
Monday, August 19, 2013 Japan’s exports (JNTBEXPY) jumped by the most since 2010 in July, aiding Prime Minister Shinzo Abe’ » http://www.bloomberg.com/news/2013-08-19/japan-weak-exports-higher-imports-show-growth-constraints.html
Monday, August 19, 2013 Eurostat, the European Union’s statistics office, said the 17 EU countries that use the euro saw th » http://articles.washingtonpost.com/2013-08-14/world/41387234_1_eurozone-debt-crisis-recession
Monday, August 19, 2013 More than 1,400 companies in 19 industries have been asked to reduce their production capacity. Ac » http://news.xinhuanet.com/english/indepth/2013-08/17/c_132638486.htm
Monday, August 19, 2013 The rapidly growing infrastructural development and a robust domestic demand has helped the Indian » http://businesstoday.intoday.in/story/steel-sector-still-lacks-in-modern-technology-sminu-jindal/1/197841.html
Monday, August 19, 2013 CHARLOTTE AMALIE, U.S. Virgin Islands (AP) The governor of the U.S. Virgin Islands has called a spe » http://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=10913654
Monday, August 19, 2013 A new piping problem may force the newest crude distillation unit at Motiva's Port Arthur refinery, » http://www.reuters.com/article/2013/08/16/us-refinery-operations-motiva-portarthur-idUSBRE97F0RY20130816
Monday, August 19, 2013 The Organization of Petroleum Exporting Countries will reduce shipments this month while refiners i » http://www.bloomberg.com/news/2013-08-15/opec-to-trim-exports-on-refinery-maintenance-oil-movements-says.html
Monday, August 19, 2013 Rusal, the world's largest aluminium producer, on Monday reported a net loss of $439 million for th » http://www.france24.com/en/20130819-aluminium-giant-rusal-posts-1h-net-loss-439-mln
Monday, August 19, 2013 Since 2003, Beijing has issued at least three policy circulars ordering the aluminium industry to c » http://www.scmp.com/business/commodities/article/1297651/overcapacity-plagues-aluminium-sector
Monday, August 19, 2013 Proposed rule changes for industrial metals warehouses and increased scrutiny by regulators are lik » http://in.reuters.com/article/2013/08/16/aluminium-financing-idINL6N0GF25C20130816
Monday, August 19, 2013 Cement producer Holcim has blamed weaker than expected global economic growth for a decrease in sal » http://www.khl.com/magazines/construction-europe/detail/item87649/Weaker-than-expected-global-growth-hits-Holcim
Monday, August 19, 2013 A Tesoro Corp. rail project in Washington will likely impact Alaska oil markets. » http://www.petroleumnews.com/pntruncate/205846893.shtml
Monday, August 19, 2013 China’s steel output is a leading indicator of iron ore and coal demand. When steel output declines » http://marketrealist.com/2013/07/early-july-steel-output-falls-steeply-worrisome-for-dry-bulk-shipping-stocks/
Thursday, August 15, 2013 Indian Oil Corporation has said the first unit of its Rs 30,000—crore Paradip refinery will be read » http://www.thehindubusinessline.com/companies/paradip-refinerys-1st-unit-to-be-ready-by-yearend-ioc/article5025965.ece
Thursday, August 15, 2013 There's a growing supply of crude oil feeding U.S. refineries along the West Coast that is likely c » http://www.upi.com/Business_News/Energy-Resources/2013/08/15/EIA-Oil-by-rail-up-for-West-Coast/UPI-35031376564712/
Thursday, August 15, 2013 From May to date, 15 events have been reported, including fires, shutdowns, blackouts and leakage, » http://www.eluniversal.com/economia/130815/pdvsa-has-experienced-15-events-in-refineries-in-the-past-105-days
Thursday, August 15, 2013 A small fire stopped one processing unit at Venezuela's 310,000-barrel-per-day (bpd) Cardon oil ref » http://in.reuters.com/article/2013/08/14/venezuela-refinery-idINL2N0GF0CA20130814
Thursday, August 15, 2013 Chennai Petroleum Corp. Ltd. has let a turnkey contract to Engineers India Ltd. covering the additi » http://www.ogj.com/articles/2013/08/chennai-petroleum-adding-coker-at-manali.html
Thursday, August 15, 2013 China is poised to surpass the U.S. as the world’s largest net oil importer in October, according t » http://www.businessweek.com/articles/2013-08-14/china-soon-to-be-world-s-top-net-oil-importer
Thursday, August 15, 2013 The Kentucky Public Service Commission has approved an agreement that allows a large western Kentuc » http://www.sacbee.com/2013/08/14/5650948/ky-aluminum-smelter-to-buy-open.html
Thursday, August 15, 2013 US-based alumina and aluminium producer Alcoa would close or curtail 164 000 metric tons of smeltin » http://www.miningweekly.com/article/alcoa-to-close-or-curtail-164-000-t-of-smelting-capacity-2013-08-14
Wednesday, August 14, 2013 Houston-based Marathon Oil Corp. is making about 80,000 barrels of oil equivalent per day in the Ea » http://fuelfix.com/blog/2013/08/13/marathon-oil-making-80000-eagle-ford-barrels-per-day/
Wednesday, August 14, 2013 Crude oil shipped by railroad from North Dakota is drawing fresh scrutiny from regulators concerned » http://www.bloomberg.com/news/2013-08-13/north-dakota-oil-boom-seen-adding-costs-for-rail-safety.html
Wednesday, August 14, 2013 Hindalco Industries on Tuesday said it is re-evaluating the investment strategy for the Aditya Alum » http://www.mydigitalfc.com/companies/hindalco-re-evaluates-2-aluminium-projects-848
Wednesday, August 14, 2013 China's oversupply of cement has reached an uncontrollable level as companies, focused on profits, » http://www.ibtimes.com/chinas-oversupply-cement-reached-uncontrollable-level-government-orders-cutbacks-1383249
Wednesday, August 14, 2013 Europe’s two largest economies expanded more than economists predicted in the second quarter, helpi » http://www.bloomberg.com/news/2013-08-14/german-economy-grows-more-than-forecast-as-recovery-gains-pace.html
Wednesday, August 14, 2013 South African physical coal is trading higher than the equivalent European contract for the first t » http://www.reuters.com/article/2013/08/13/coal-prices-south-africa-idUSL6N0GE22920130813
Wednesday, August 14, 2013 The refinery's new Coke A project, which YPF began building a few months before the fire, is expect » http://in.reuters.com/article/2013/08/12/argentina-ypf-idINL2N0GD08820130812
Wednesday, August 14, 2013 Detroit Mayor Dave Bing today ordered the removal of petroleum coke piles stored along the Detroit » http://www.freep.com/article/20130813/NEWS01/308130140/Detroit-mayor-orders-pet-coke-piles-to-be-removed-by-August-27
Tuesday, August 13, 2013 India's state utility NTPC will seek another 4 million tonnes of thermal coal shipments in this fin » http://in.reuters.com/article/2013/08/13/india-ntpc-tender-idINL4N0GE2F620130813
Tuesday, August 13, 2013 The mainland's overcapacity-afflicted aluminium smelting industry could soon see a widespread shutd » http://www.scmp.com/business/commodities/article/1296201/aluminium-smelters-braced-shutdowns
Tuesday, August 13, 2013 China is considering opening up its crude import market to more refineries outside its dominant sta » http://in.reuters.com/article/2013/08/13/china-crude-reform-idINL4N0GE0TD20130813
Tuesday, August 13, 2013 European refiners are set to cut crude oil processing rates this week by around 500,000 barrels per » http://uk.reuters.com/article/2013/08/12/europe-refinery-idUKL6N0GD2YX20130812
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