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News & Press

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

Industry News
Wednesday, July 24, 2013 Abu Dhabi National Oil Co. is pumping about 1.5 million barrels of crude a day from its main onshor » http://www.bloomberg.com/news/2013-07-24/abu-dhabi-boosts-oil-output-in-40-billion-plan.html
Wednesday, July 24, 2013 China has tightened regulations for operating smelters in its bloated aluminium sector, including s » http://www.reuters.com/article/2013/07/24/china-restructuring-aluminium-idUSL4N0FU0IZ20130724
Wednesday, July 24, 2013 Europe’s debt dynamics keep getting worse in spite of years of cost-cutting and tax hikes designed » http://www.washingtonpost.com/business/eurozone-debt-burden-rises-to-record-922-percent-of-gdp-in-q1/2013/07/22/635fced8-f...
Wednesday, July 24, 2013 China's economy showed fresh signs of weakness in July as an initial gauge of manufacturing activit » http://online.wsj.com/article/SB10001424127887323829104578624682431725280.html
Tuesday, July 23, 2013 Bottlenecks in the London Metal Exchange's warehousing system are artificially raising aluminum cos » http://online.wsj.com/article/BT-CO-20130722-710534.html
Tuesday, July 23, 2013 It’s well known that production in South Texas’ Eagle Ford Shale is booming, and here’s another rem » http://fuelfix.com/blog/2013/07/22/eagle-ford-production-jumped-58-percent-in-may-2/
Tuesday, July 23, 2013 Natural gas prices were up nearly 60 percent in the first half of 2013, compared with the same peri » http://fuelfix.com/blog/2013/07/22/natural-gas-prices-are-up-60-and-still-cheap/
Tuesday, July 23, 2013 OPEC, excluding Iran, made $982 billion from exporting oil in 2012, the most in 38 years of data, t » http://www.bloomberg.com/news/2013-07-22/opec-oil-revenue-to-decline-from-2012-s-record-high-eia-says.html
Tuesday, July 23, 2013 A sharp increase in U.S. gasoline exports to West Africa is threatening to undercut European refine » http://www.reuters.com/article/2013/07/22/europe-refinery-idUSL6N0FP2OV20130722
Monday, July 22, 2013 TransCanada Corp. (TRP) Chief Executive Officer Russ Girling said the timeline for U.S. approval of » http://www.bloomberg.com/news/2013-07-18/transcanada-ceo-says-keystone-xl-start-in-2015-difficult-1-.html
Monday, July 22, 2013 Global crude steel output rose 1.9 percent to 132 million tonnes in June from the same month last y » http://economictimes.indiatimes.com/news/international-business/global-steel-production-up-1-9-in-june-worldsteel/articles...
Monday, July 22, 2013 Coal inventories at power plants dropped below the monthly five-year average in April, the first ti » http://www.eia.gov/todayinenergy/detail.cfm?id=12151
Monday, July 22, 2013 A flood of orders for new vessels and slower Chinese growth in demand for commodities could derail » http://www.reuters.com/article/2013/07/22/shipping-drybulk-idUSL4N0FO2AP20130722
Monday, July 22, 2013 Reliance Industries (RIL) on Friday posted a 18.9 per cent year-on-year jump in its first quarter n » http://www.indianexpress.com/news/ril-q1-profit-up-18.9--on-oil-petrochemical-margins/1144224/
Friday, July 19, 2013 Metallurgical coal - Total metallurgical coal production increased by 13% in the 2013 financial yea » http://www.coalguru.com/australia/bhp_billiton_updates_on_coal_production/11306
Friday, July 19, 2013 Norsk Hydro, one of the world's biggest aluminium producers, said it expects solid growth in demand » http://www.reuters.com/article/2013/07/18/norskhydro-results-idUSL6N0FO08320130718
Friday, July 19, 2013 Hard coking coal production in Australia was 12% lower than the Q2 of 2012. This was largely as a r » http://www.coalguru.com/australia/rio_tinto_updates_on_coal_production_of_q2_2013/11307
Friday, July 19, 2013 Norsk Hydro's part-owned aluminium smelter in Slovakia, Slovalco, has signed a Letter of Intent (Lo » http://www.marketwatch.com/story/norsk-hydros-part-owned-slovalco-smelter-signs-letter-of-intent-for-power-supply-2013-07-...
Friday, July 19, 2013 In his new role, Harvey would focus on the day-to-day operations of Alcoa's 22 aluminium smelters a » http://www.miningweekly.com/article/alcoa-appoints-new-coo-to-manage-aluminium-smelters-2013-07-18
Thursday, July 18, 2013 U.S. refineries used the most crude in almost eight years last week, draining supplies for the thir » http://fuelfix.com/blog/2013/07/17/us-refinery-demand-rises-with-output-at-highest-since-1990/
Thursday, July 18, 2013 The country produced 17.44 million metric tons of crude last month, figures from the National Burea » http://www.bloomberg.com/news/2013-07-18/china-pumps-crude-at-fastest-pace-since-2010-as-oil-prices-climb.html
Thursday, July 18, 2013 The index of U.S. leading indicators was unchanged in June, showing the world’s largest economy may » http://www.bloomberg.com/news/2013-07-18/leading-economic-indicators-index-in-u-s-was-unchanged-1-.html
Thursday, July 18, 2013 BP-Husky (BP, BP.LN, HSE.T) started planned work at the smaller of two coker units at its Toledo Re » http://online.wsj.com/article/BT-CO-20130716-708482.html
Thursday, July 18, 2013 Well Harvest Winning Alumina Refinery — a joint venture between Indonesian conglomerate Harita Grou » http://www.thejakartaglobe.com/business/1-billion-alumina-smelter-in-west-kalimantan-kicks-off/
Wednesday, July 17, 2013 Chevron and Argentinian oil firm YPF have inked a deal to spend $1.2 billion to further develop sha » http://fuelfix.com/blog/2013/07/16/chevron-inks-to-further-develop-shale-resources-in-argentina-1-2b-to-be-spent/
Wednesday, July 17, 2013 Utilities are using less coal, so coal shipments are dropping. And the recent disaster in Quebec, w » http://www.businessweek.com/ap/2013-07-16/rail-investors-eye-coal-demand
Wednesday, July 17, 2013 China's coal output fell 3.7 percent in the first half of 2013, with a sluggish economy piling pres » http://www.reuters.com/article/2013/07/17/china-coal-output-idUSL4N0FN11B20130717
Wednesday, July 17, 2013 The World Bank's board on Tuesday agreed to a new energy strategy that will limit financing of coal » http://www.reuters.com/article/2013/07/16/us-worldbank-climate-coal-idUSBRE96F19U20130716
Wednesday, July 17, 2013 China’s pace of crude oil processing peaked in June, as more refiners in the country completed plan » http://www.energyglobal.com/news/processing/articles/Mid_July_Asia_MiddleEast_downstream_news483.aspx#.UeakxdLkv3U
Wednesday, July 17, 2013 Marathon Petroleum Corp. said Monday its business is being hurt by renewable fuels laws, and it for » http://www.businessweek.com/ap/2013-07-15/marathon-petroleum-expects-weaker-2q-net-income
Wednesday, July 17, 2013 Valero Refinery is currently in the planning stages of a massive $700 million expansion to its St. » http://www.nola.com/business/index.ssf/2013/07/valero_refinery_in_st_charles.html
Tuesday, July 16, 2013 Industrial production rose slightly more than expected in June as manufacturing output picked up sp » http://www.reuters.com/article/2013/07/16/us-usa-economy-output-idUSBRE96F0ML20130716
Tuesday, July 16, 2013 PBF Energy Inc. (PBF)’s growing rail operation at its Delaware City refinery will face a challenge » http://www.bloomberg.com/news/2013-07-15/pbf-delaware-plant-crude-rail-plan-faces-environmental-challenge.html
Monday, July 15, 2013 China's GDP growth slowed in the second quarter to 7.5 percent year-on-year as weak overseas demand » http://www.reuters.com/article/2013/07/15/us-china-economy-gdp-idUSBRE96E01M20130715
Monday, July 15, 2013 U.S. power companies have shut or converted over 15,000 megawatts (MW) of coal-fired power plants s » http://uk.reuters.com/article/2013/07/12/utilities-firstenergy-coal-idUKL1N0FI19L20130712
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