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News & Press

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

Industry News
Friday, June 14, 2013 The Organization of Petroleum Exporting Countries will reduce crude shipments this month as rising » http://www.bloomberg.com/news/2013-06-13/opec-curbs-shipments-amid-u-s-output-surge-oil-movements-says.html
Friday, June 14, 2013 A western Kentucky aluminum smelter is moving closer to ending its power purchasing agreement with » http://money.msn.com/business-news/article.aspx?feed=AP&date=20130613&id=16594594
Friday, June 14, 2013 Japan's government raised its assessment on the economy for a second straight month in June as pick » http://in.reuters.com/article/2013/06/13/us-japan-economy-report-idINBRE95C06V20130613
Friday, June 14, 2013 Citgo Petroleum Corp. shut down several units June 12 at its refinery in Lemont, Ill., after the fa » http://online.wsj.com/article/BT-CO-20130613-707394.html?mod=googlenews_wsj
Friday, June 14, 2013 YPF, the oil company controlled by the Argentine state following the expropriation of a 51 percent » http://www.laht.com/article.asp?ArticleId=806882&CategoryId=10718
Thursday, June 13, 2013 Holcim Latinoamérica's CEO Andreas Leu said that the move had been taken in order to "Unify the bra » http://www.globalcement.com/news/item/1682-holcim-renames-mexican-unit
Thursday, June 13, 2013 The longer it takes the Obama administration to make a final decision on the controversial Keystone » http://fuelfix.com/blog/2013/06/12/analysts-long-keystone-xl-review-could-boost-alternatives/
Thursday, June 13, 2013 While U.S. oil production has increased sharply in the last five years, crude from Saudi Arabia sti » http://fuelfix.com/blog/2013/06/12/saudi-arabia-remains-key-to-oil-prices-despite-u-s-production-surge/
Thursday, June 13, 2013 Rio Tinto Ltd has written $592.1 million off its Tiwai Point aluminium smelter in New Zealand, slas » http://www.businessspectator.com.au/news/2013/6/13/resources-and-energy/rio-writes-592m-aluminium-smelter
Thursday, June 13, 2013 The World Bank downgraded its outlook for global growth in its flagship economic report but said th » http://online.wsj.com/article/BT-CO-20130612-712384.html?mod=googlenews_wsj
Thursday, June 13, 2013 India's thermal coal imports in April jumped by nearly half over a year ago, provisional data from » http://www.reuters.com/article/2013/06/12/india-coal-idUSL3N0EN1W820130612
Wednesday, June 12, 2013 Rio Tinto has invested nearly 80 million euros in its Dunkirk aluminum plant in the past 18 months » http://www.reuters.com/article/2013/06/12/us-aluminium-electricity-riotinto-france-idUSBRE95B0KK20130612
Wednesday, June 12, 2013 Chinese and Brazilian oil demand climbed in April, helping push fuel use by emerging economies abov » http://www.bloomberg.com/news/2013-06-11/china-leads-non-oecd-economies-oil-use-to-top-oecd.html
Wednesday, June 12, 2013 OPEC boosted crude oil production to a seven-month high last month as output increased from Saudi A » http://www.bloomberg.com/news/2013-06-12/opec-boosts-oil-production-to-seven-month-high-in-may-iea-says.html
Wednesday, June 12, 2013 The LME Aluminum cash price has risen more than $100 per ton during the last 10 days as a result, i » http://agmetalminer.com/2013/06/10/chalco-aluminum-production-capacity-cuts-raise-prices-buy-signal/
Wednesday, June 12, 2013 A rapid increase in the amount of oil processed by refineries means crude oil supply could struggle » http://online.wsj.com/article/BT-CO-20130612-702097.html?mod=googlenews_wsj
Tuesday, June 11, 2013 Steel output in the European Union bloc of 27 member states was down 6.2% on year in the first four » http://online.wsj.com/article/BT-CO-20130610-703671.html?mod=googlenews_wsj
Tuesday, June 11, 2013 Bosnia’s sole aluminum smelter, Aluminij Mostar, will close on June 17 to the loss of some 900 jobs » http://www.theglobeandmail.com/report-on-business/international-business/european-business/bosnia-loses-biggest-exporter-i...
Tuesday, June 11, 2013 Canadian Oil Sands Ltd , the largest shareholder in Syncrude Canada Ltd, said on Monday that a coke » http://www.reuters.com/article/2013/06/10/syncrude-coker-maintenance-idUSL2N0EM0SP20130610
Tuesday, June 11, 2013 Motiva Enterprises LLC on June 6 said planned maintenance on a delayed coker unit's gas recovery sy » http://online.wsj.com/article/BT-CO-20130606-708219.html
Tuesday, June 11, 2013 Canadian light synthetic crude prices jumped sharply higher on Monday on expectations of lower supp » http://www.reuters.com/article/2013/06/10/markets-canada-crude-idUSL2N0EM1TH20130610
Tuesday, June 11, 2013 Risks are rising that China's economic growth will slide further in the second quarter after weeken » http://in.reuters.com/article/2013/06/09/china-economy-idINL3N0EL0D920130609
Tuesday, June 11, 2013 Employers stepped up hiring a bit in May in a show of economic resilience that suggests the Federal » http://www.reuters.com/article/2013/06/07/us-usa-economy-idUSBRE95607O20130607
Tuesday, June 11, 2013 The Japanese economy grew at a quicker pace than originally reported in the first quarter, accordin » http://money.cnn.com/2013/06/09/news/economy/japan-gdp/
Tuesday, June 11, 2013 Yes, absent CCS, emissions are higher than using coal. But the some 5 to 7 % higher per unit of ele » http://www.forbes.com/sites/timworstall/2013/06/08/detroits-pet-coke-problem-not-that-much-of-a-problem-at-all/
Monday, June 10, 2013 Top global cement producer Lafarge said on 5 June 2013 that it will continue to invest in China, de » http://www.globalcement.com/news/item/1710-lafarge-to-expand-in-china
Monday, June 10, 2013 A major boost to RIL’s bottomline will come from the coke gasification project which is designed to » http://www.dnaindia.com/money/1845906/report-reliance-s-refining-ambition-is-fed-on-coke
Monday, June 10, 2013 Brazil oil company Petroleo Brasilerio (PBR, PETR4.BR), or Petrobras, expects its Comperj refinery » http://www.morningstar.com/advisor/t/75934617/brazil-s-petrobras-pushes-comperj-refinery-startup-to-august-2016.htm
Friday, June 7, 2013 U.S. employers added 175,000 jobs in May, a figure that shows steady hiring but is below the more r » http://www.latimes.com/news/la-fi-us-economy-may-jobs-20130607,0,4587503.story
Friday, June 7, 2013 A strong increase in economic activity in oil and gas exploration and production boosted the fortun » http://fuelfix.com/blog/2013/06/06/oil-industry-driving-economic-booms-in-north-dakota-texas/
Friday, June 7, 2013 Motiva Enterprises LLC on June 6 said planned maintenance on a delayed coker unit's gas recovery sy » http://online.wsj.com/article/BT-CO-20130606-708219.html?mod=googlenews_wsj
Thursday, June 6, 2013 U.S. domestic crude-oil production exceeded imports last week for the first time in 16 years, a gov » http://fuelfix.com/blog/2013/06/05/u-s-crude-output-exceeds-imports-for-first-time-in-16-years/
Thursday, June 6, 2013 European steel companies are at risk of destroying their own industry unless they close mills to cu » http://www.bloomberg.com/news/2013-06-06/europe-steel-companies-destroying-industry-by-keeping-mills-open.html
Thursday, June 6, 2013 China is considering plans to cut coal consumption in some major industrial regions, people familia » http://www.reuters.com/article/2013/06/05/china-pollution-coal-idUSL3N0EG06Z20130605
Thursday, June 6, 2013 Genscape, an oil market intelligence service, said on Wednesday that Exxon Mobil Corp's 238,600 bar » http://in.reuters.com/article/2013/06/05/markets-cancrude-idINL1N0EH28420130605
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