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News & Press

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

Industry News
Monday, July 15, 2013 Reuters reported that Japan's regional power monopolies used 26% more thermal coal in June than a y » http://www.coalguru.com/other_asia/japan_coal_consumption_up_by_26pct_in_june/11178
Monday, July 15, 2013 Reuters reported that India’s thermal coal imports in May rose 18.9% from a year ago but the pace o » http://www.coalguru.com/india/india_may_thermal_coal_imports_up_19pct_on_year/11197
Monday, July 15, 2013 Brazil’s swap rates dropped after a report showed Latin America’s biggest economy contracted in May » http://www.bloomberg.com/news/2013-07-12/brazil-swap-rates-fall-as-economy-shrinks-in-may-real-declines.html
Monday, July 15, 2013 Trade sources said that the recent plunge in freight rates has re-opened the price arbitrage for Co » http://www.coalguru.com/africa_north_america/freight_rates_draw_south_africa_and_colombia_coal_to_asia_traders/11225
Monday, July 15, 2013 West Texas Intermediate crude was little changed as manufacturing in the New York region expanded i » http://www.bloomberg.com/news/2013-07-15/crude-falls-as-u-s-retail-growth-slows-amid-china-data.html
Monday, July 15, 2013 Crude-steel production in China, the world’s biggest consumer of the alloy, fell to a four-month lo » http://www.bloomberg.com/news/2013-07-15/china-june-crude-steel-output-falls-to-four-month-low-on-prices.html
Friday, July 12, 2013 The U.S. Energy Information Administration (EIA) recently released its annual data series tracking » http://www.eurasiareview.com/11072013-us-crude-oil-increasingly-moves-by-barge-truck-and-rail-analysis/
Friday, July 12, 2013 Mexican cement giant Cemex SAB (CX, CEMEX.MX) said Thursday it plans to raise its cement prices in » http://online.wsj.com/article/BT-CO-20130711-711768.html?mod=googlenews_wsj
Thursday, July 11, 2013 Baku, Fineko/abc.az. By Decision #174 the Cabinet Ministers of Azerbaijan has amended the list of V » http://abc.az/eng/news_11_07_2013_74807.html
Thursday, July 11, 2013 U.S. oil production jumped last week to the highest level since January 1992, cutting consumption o » http://www.bloomberg.com/news/2013-07-10/fracking-pushes-u-s-oil-output-to-highest-since-january-1992.html
Thursday, July 11, 2013 Oil supply will outstrip an acceleration in demand growth next year as production outside of OPEC e » http://www.bloomberg.com/news/2013-07-11/iea-sees-20-year-supply-peak-outpacing-demand-in-2014.html
Thursday, July 11, 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-20130710-708485.html?mod=googlenews_wsj
Thursday, July 11, 2013 AUSTRALIA'S high-cost aluminium production is in the firing line amid sliding prices, with global g » http://www.gladstoneobserver.com.au/news/rio-under-market-pressure-cut-aluminium-production/1939354/
Wednesday, July 10, 2013 Rail shipments of oil and petroleum products jumped 48 percent in the first half of 2013, but the p » http://fuelfix.com/blog/2013/07/10/crude-by-rail-shipments-soaring-but-pace-could-slow/
Wednesday, July 10, 2013 Alaska Gov. Sean Parnell on Tuesday escalated his fight with the Obama administration over potentia » http://fuelfix.com/blog/2013/07/09/alaska-pushing-new-plan-for-anwr-oil-research/
Wednesday, July 10, 2013 The developers of San Antonio’s Mission Rail Park, which will serve the Eagle Ford Shale, said Tues » http://fuelfix.com/blog/2013/07/09/crude-by-rail-gets-a-boost-in-the-permian-basin/
Wednesday, July 10, 2013 China’s exports and imports unexpectedly declined in June, underscoring the severity of the slowdow » http://www.bloomberg.com/news/2013-07-10/china-exports-unexpectedly-drop-with-imports-in-drag-on-economy.html
Wednesday, July 10, 2013 The Organization of Petroleum Exporting Countries forecast the world will need less of its crude ne » http://www.bloomberg.com/news/2013-07-10/opec-sees-u-s-shale-boom-eroding-demand-for-2014-crude.html
Wednesday, July 10, 2013 The International Monetary Fund cut its forecast for world economic growth for a third time this ye » http://money.cnn.com/2013/07/09/news/economy/imf-economy/
Tuesday, July 9, 2013 A Montenegrin court has launched bankruptcy proceedings at the country's single biggest industrial » http://www.reuters.com/article/2013/07/08/montenegro-kap-idUSL6N0FE2F720130708
Tuesday, July 9, 2013 Owners of the Delaware City Refinery called Monday for dismissal of environmental group challenges » http://www.delawareonline.com/article/20130709/NEWS/307090053/Delaware-City-Refinery-seeks-dismissal-environmental-challenges
Monday, July 8, 2013 U.S. coal consumption rose 10 percent in the first three months of 2013 compared with the same peri » http://fuelfix.com/blog/2013/07/05/u-s-coal-use-rose-in-q1-but-declined-over-longer-term/
Monday, July 8, 2013 U.S. employers are sending a message of confidence in the economy — hiring more workers, raising pa » http://abcnews.go.com/Business/wireStory/steady-job-gains-us-economy-rebound-19583250?page=3#.Udr-yTvYjSg
Monday, July 8, 2013 Repsol SA (REP), Spain’s largest oil producer, delayed starting to explore for shale gas in the nor » http://fuelfix.com/blog/2013/07/08/repsol-delays-first-shale-gas-project-in-spain-after-frack-ban/
Monday, July 8, 2013 A small explosion and fire hit the flexicoker unit of Venezuela's 645,000 barrel per day Amuay refi » http://www.hazardexonthenet.net/article/59458/Venezuela-s-Amuay-oil-refinery-affected-by-explosion.aspx?AreaID=2
Monday, July 8, 2013 PT Well Harvest Winning Alumina Refinery, a joint venture between PT Harita Group and China Hongqia » http://www.thejakartapost.com/news/2013/07/05/harita-build-smelter-kalimantan.html
Monday, July 8, 2013 Most Japanese refiners will increase the amount of crude they will process in July versus June as m » http://www.hydrocarbonprocessing.com/Article/3227095/Latest-News/Japan-looks-to-tighten-gasoline-market-by-lowering-refine...
Monday, July 8, 2013 U.S. refiners in the Midwest are losing an advantage they have enjoyed for nearly three years as th » http://www.reuters.com/article/2013/07/03/inlandrefiners-oilspread-idUSL3N0F930Y20130703
Wednesday, July 3, 2013 But on Tuesday, the Obama administration launched a process to award $8 billion in loan guarantees » http://fuelfix.com/blog/2013/07/02/amid-climate-change-push-obama-administration-launches-loan-guarantees-for-oil-gas/
Wednesday, July 3, 2013 Consumer sentiment climbed last week to its highest level in more than five years as Americans beca » http://www.bloomberg.com/news/2013-07-03/consumer-comfort-in-u-s-climbs-to-highest-level-in-five-years.html
Wednesday, July 3, 2013 The decision to close down the century-old historical Digboi Refinery by the management of the Indi » http://www.assamtribune.com/scripts/detailsnew.asp?id=jul0313/state06
Wednesday, July 3, 2013 Montenegro is in talks with unspecified lenders to secure funds to pay two banks owed 102 million e » http://www.reuters.com/article/2013/07/02/montenegro-guarantees-idUSL5N0F82NY20130702
Tuesday, July 2, 2013 New orders for factory goods rose for a second straight month in May, adding to tentative signs of » http://www.reuters.com/article/2013/07/02/us-usa-economy-idUSBRE95O0S520130702
Tuesday, July 2, 2013 Growing U.S. energy independence is driving the biggest drop in crude imports in two decades and ra » http://www.bloomberg.com/news/2013-07-01/ship-rates-drop-as-u-s-oil-imports-fall-most-since-91-freight.html
Tuesday, July 2, 2013 Although the cement industry used only one-quarter of one percent of total U.S. energy, it is the m » http://www.eia.gov/todayinenergy/detail.cfm?id=11911
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