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News & Press

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

Industry News
Thursday, August 1, 2013 West Texas Intermediate crude climbed, capping the biggest monthly gain since August, as inventorie » http://www.businessweek.com/news/2013-07-31/crude-heads-for-best-month-since-august-on-u-dot-s-dot-economic-grow
Thursday, August 1, 2013 Ohio's state utility regulator on Wednesday rejected Ormet Corp's appeal for an expedited decision » http://www.reuters.com/article/2013/07/31/ormet-rates-idUSL1N0G129820130731
Wednesday, July 31, 2013 Federal Reserve officials Wednesday kept the central bank's $85 billion-per-month bond-buying progr » http://online.wsj.com/article/SB10001424127887323681904578640073944682546.html
Wednesday, July 31, 2013 Chinese steel demand is expected to remain weak in the second half of 2013, the country's steel ass » http://www.reuters.com/article/2013/07/31/china-steel-idUSL4N0G10HV20130731
Wednesday, July 31, 2013 The economy in the U.S. grew more than projected in the second quarter, reflecting an unexpected pi » http://www.businessweek.com/news/2013-07-31/economy-in-u-dot-s-dot-expands-more-than-forecast-as-inventories-grow#p2
Wednesday, July 31, 2013 Phillips 66 said Wednesday that second-quarter earnings fell 19 percent as it failed to get the pri » http://www.nbcnews.com/id/52630301/ns/business-us_business/#.UfkgvNLkv3U
Wednesday, July 31, 2013 Aluminium Bahrain presents its financial results as per the International Financial Reporting Stand » http://www.steelguru.com/metals_news/Alba_announces_its_H2_and_Q2_2013_results/320630.html
Wednesday, July 31, 2013 BHP Billiton Ltd. (BHP.AU) has decided against selling a struggling coal-mining operation in easter » http://online.wsj.com/article/BT-CO-20130730-719640.html?mod=googlenews_wsj
Wednesday, July 31, 2013 BP Plc, outlining the rest of the modernization project at the 413,000 barrel per day Whiting, Indi » http://www.reuters.com/article/2013/07/30/bp-whiting-units-idUSL1N0G00T320130730
Tuesday, July 30, 2013 China's steel prices dropped further in June, as output continued to grow in an industry already re » http://africa.chinadaily.com.cn/business/2013-07/29/content_16848622.htm
Tuesday, July 30, 2013 IndianOil will commission its INR300 billion ($5bn) oil refinery project in Paradip, Odisha, by Mar » http://refiningandpetrochemicals.energy-business-review.com/news/indianoil-to-commission-paradip-oil-refinery-by-2014-300713
Tuesday, July 30, 2013 Japan's biggest oil refiner, JX Holdings Inc, plans to refine 1.17 million barrels per day (bpd) of » http://www.reuters.com/article/2013/07/30/energy-japan-jx-idUSL4N0G021J20130730
Tuesday, July 30, 2013 Throughput at Rosneft’s Russian and international refineries amounted to 39.45 million tons of crud » http://www.forbes.com/sites/kenrapoza/2013/07/29/russian-oil-giant-rosneft-sees-18-profit-spike/2/
Monday, July 29, 2013 Power-station coal in China fell to a four-year low as industrial demand declined amid evidence the » http://www.bloomberg.com/news/2013-07-29/china-coal-price-falls-to-four-year-low-amid-economic-slowdown.html
Monday, July 29, 2013 In the second quarter of this year, there were 1,050 new Eagle Ford wells – which means each rig wo » http://fuelfix.com/blog/2013/07/26/four-quarters-4092-new-wells-in-the-eagle-ford-shale/
Monday, July 29, 2013 Trains loaded with crude oil roll through South Texas on a daily basis, ferrying the cargo to coast » http://fuelfix.com/blog/2013/07/28/crude-oil-will-continue-rolling-by-train/
Monday, July 29, 2013 According to the plan, the government would take over the Japanese consortium’s 58.88 percent owner » http://www.thejakartapost.com/news/2013/07/29/government-plans-grand-design-kuala-tanjung-beyond-inalum.html
Monday, July 29, 2013 According to the latest information available from World Steel Association, China’s June crude stee » http://finance.yahoo.com/news/china-june-steel-production-shows-153351252.html
Monday, July 29, 2013 Noranda Aluminum Holding Corp. is expanding its plant in the southeast Missouri town of New Madrid, » http://www.miamiherald.com/2013/07/26/3523329/noranda-plans-upgrade-at-se-missouri.html
Monday, July 29, 2013 Bosnia's aluminium smelter, Aluminij Mostar, which has struggled to keep going due to high electric » http://www.reuters.com/article/2013/07/26/bosnia-aluminij-electricity-idUSL6N0FW1O920130726
Friday, July 26, 2013 Repsol SA (REP) is asking a World Bank panel to help prevent Argentina’s YPF SA from developing ass » http://www.bloomberg.com/news/2013-07-25/repsol-seeks-to-block-chevron-deal-with-ypf-through-world-bank.html
Friday, July 26, 2013 China has unveiled measures to boost its sluggish economy, in the strongest indication yet of the l » http://edition.cnn.com/2013/07/24/business/ft-china-economy-boost
Friday, July 26, 2013 U.S coal miner Drummond has declared force majeure on some cargoes from Colombian mining operations » http://www.reuters.com/article/2013/07/25/drummond-colombia-idUSL6N0FV4HF20130725
Friday, July 26, 2013 India produced 3 percent less coal in June from a year earlier, as heavy rain hit mine operations, » http://in.reuters.com/article/2013/07/25/india-coal-output-idINL4N0FV48N20130725
Friday, July 26, 2013 Indian refiners processed 2.3 percent more oil in June than a year earlier at about 4.46 million ba » http://in.reuters.com/article/2013/07/25/india-refinery-output-idINL4N0FV2AU20130725
Friday, July 26, 2013 Economic growth in emerging Asian countries, which have slowed sharply since the start of the year, » http://www.cnbc.com/id/100912328
Friday, July 26, 2013 China ordered more than 1,400 companies in 19 industries to cut excess production capacity this yea » http://www.bloomberg.com/news/2013-07-25/china-cuts-capacity-in-some-industries-to-reshape-economy.html
Friday, July 26, 2013 Koch Carbon has decided it will move large piles of pet coke, a byproduct of tar sands oil that can » http://www.bizjournals.com/wichita/morning_call/2013/07/koch-carbon-moving-controversial-pet.html
Thursday, July 25, 2013 The security guards of the Rs. 19,000 crore HPCL-Mittal energy ( HMEL) Refinery has detected a rack » http://timesofindia.indiatimes.com/city/chandigarh/Coke-fraud-detected-at-the-refinery/articleshow/21344292.cms
Thursday, July 25, 2013 Chevron Corp. is betting it can win over eastern Europeans with the idea of energy independence eve » http://fuelfix.com/blog/2013/07/24/chevron-to-promote-shale-drilling-in-europe/
Thursday, July 25, 2013 Alcoa Inc. (AA), the largest U.S. aluminum producer, is urging the London Metal Exchange to provide » http://www.bloomberg.com/news/2013-07-25/alcoa-urges-lme-to-provide-more-transparency-in-aluminum-trading.html
Thursday, July 25, 2013 Jury seems to be out in even before the trial in thermal coal market. Supply remaining aplenty has » http://www.steelguru.com/raw_material_news/Thermal_coal_level_unlikely_to_show_major_improvement_in_Q3_and_Q4/319891.html
Thursday, July 25, 2013 World energy consumption will rise 56 percent in the next three decades, driven by growth in develo » http://www.bloomberg.com/news/2013-07-25/world-to-use-56-more-energy-by-2040-led-by-asia-eia-predicts.html
Wednesday, July 24, 2013 Detroit Bulk Storage, which has faced intense criticism for storing a large pile of petroleum coke » http://www.crainsdetroit.com/article/20130722/NEWS/130729972/detroit-bulk-storage-halts-shipments-of-pet-coke-pile-expecte...
Wednesday, July 24, 2013 Tesoro Corp.’s plan to build a complex to deliver crude oil by rail to the Port of Vancouver in Was » http://fuelfix.com/blog/2013/07/24/tesoros-washington-state-crude-rail-plan-moves-forward/
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