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News & Press

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

Industry News
Thursday, June 6, 2013 BP PLC (BP, BP.LN) on Wednesday said the completion of the modernization project at its Whiting Ref » http://online.wsj.com/article/BT-CO-20130605-711164.html?mod=googlenews_wsj
Wednesday, June 5, 2013 Kinder Morgan Energy Partners is extending a pipeline deeper into the Eagle Ford shale play to prov » http://fuelfix.com/blog/2013/06/03/kinder-morgan-to-extend-eagle-ford-pipeline/
Wednesday, June 5, 2013 A bankruptcy court has approved the sale of Ormet Corp. to a private-equity firm, but the southeast » http://www.dispatch.com/content/stories/business/2013/06/05/sale-of-aluminum-smelter-approved.html
Wednesday, June 5, 2013 Saudi Arabia, Iraq, Kuwait and some other West Asian producers are feeding domestic crude oil refin » http://www.thehindubusinessline.com/industry-and-economy/iran-sanctions-refineries-tap-saudi-arabia-kuwait-iraq-for-crude-...
Wednesday, June 5, 2013 Top global cement producer Lafarge said Wednesday that it will continue to invest in China, despite » http://news.xinhuanet.com/english/business/2013-06/05/c_132433332.htm
Wednesday, June 5, 2013 China is unlikely to implement a proposed ban on imports of lower-quality coal, according to three » http://www.bloomberg.com/news/2013-06-05/china-coal-import-ban-unlikely-on-cost-indonesian-miners-say.html
Wednesday, June 5, 2013 Rates for the biggest coal carriers are poised to rebound from their worst-ever start to a year as » http://www.businessweek.com/news/2013-06-04/ship-rates-rally-seen-in-chinese-drive-for-cleaner-coal-freight
Wednesday, June 5, 2013 Herman Seedorf, refinery manager for Delaware City explained that opponents of the Title V permit c » http://www.newsworks.org/index.php/local/item/55636-delaware-city-refinery-draws-huge-crowd-at-public-hearing-?linktype=hp...
Tuesday, June 4, 2013 Bharat Aluminium Company (Balco), a Vedanta Group company, today said it has appointed Ramesh Nair » http://www.business-standard.com/article/companies/balco-appoints-ramesh-nair-as-chief-executive-officer-113060200126_1.html
Tuesday, June 4, 2013 Aluminium prices that peaked in 2011 have since retreated by over a third. This year, the three-mon » http://www.business-standard.com/article/markets/more-capacity-resting-is-key-to-shoring-up-aluminium-prices-113060301215_...
Tuesday, June 4, 2013 National Aluminium Co Ltd (NALCO), India's third-largest aluminium maker, may operate its sole smel » http://in.reuters.com/article/2013/05/31/india-nalco-smelter-idINL3N0EC2SK20130531
Tuesday, June 4, 2013 Benchmark coal futures prices sank to a 3-year low on Monday in a fall that, if sustained, could ma » http://www.reuters.com/article/2013/06/03/coal-swaps-low-idUSL5N0EF2V620130603
Tuesday, June 4, 2013 Tesoro Corp. has closed its purchase of BP PLC’s 266,000-b/d Carson refinery near Los Angeles and r » http://www.ogj.com/articles/2013/06/tesoro-closes-purchase-of-carson-refinery.html
Monday, June 3, 2013 OPEC signaled growing unease with the U.S. oil boom by starting a study into shale at its meeting i » http://www.bloomberg.com/news/2013-05-31/opec-to-study-u-s-shale-oil-bonanza-as-exporter-concern-rises.html
Monday, June 3, 2013 Abu Dhabi’s Mubadala Development Co. and Investment Corp. of Dubai said they agreed to merge the Un » http://www.businessweek.com/news/2013-06-03/u-dot-a-dot-e-dot-aluminum-smelters-plan-merger-to-form-15-billion-venture
Monday, June 3, 2013 Chinese manufacturing indexes showed small businesses struggling, sapping momentum in the economy a » http://www.bloomberg.com/news/2013-06-02/china-sees-economy-stabilizing-as-manufacturers-signal-expansion.html
Monday, June 3, 2013 A freight trader operating more than 40 vessels offered to subsidize the cost of delivering coal to » http://www.businessweek.com/news/2013-06-03/freight-trader-offers-subsidized-coal-shipping-amid-biggest-glut
Monday, June 3, 2013 Benchmark Australian thermal coal prices inched higher towards $88 per tonne but were not far from » http://in.reuters.com/article/2013/05/31/coal-asia-idINL3N0EC20L20130531
Monday, June 3, 2013 While politicians, environmentalists and Big Oil fight over the Keystone XL pipeline, the Bay Area' » http://www.mercurynews.com/breaking-news/ci_23366256/canadian-tar-sands-crude-heads-bay-area-refineries
Monday, June 3, 2013 Total and other oil majors will shut down more refineries in Europe over the next few years due to » http://www.reuters.com/article/2013/06/02/total-margerie-idUSL5N0EE0SN20130602
Monday, June 3, 2013 A fire at the 60,000 barrels-per-day Numaligarh oil refinery in Assam caused the shutdown of most o » http://www.moneycontrol.com/news/business/bpcl-run-assam-refinery-closed-after-firecrude-unit_886591.html
Monday, June 3, 2013 Fire officials said the ExxonMobil oil refinery in Torrance was evacuated Thursday after a power ou » http://www.scpr.org/news/2013/05/30/37491/torrance-refinery-evacuates-1000-after-outage/
Friday, May 31, 2013 Growth prospects for smaller oil-sands producers including BlackPearl Resources Inc. (PXX) and Sout » http://www.bloomberg.com/news/2013-05-30/keystone-wait-weighs-on-smaller-oil-producers-corporate-canada.html
Friday, May 31, 2013 The rising supply of U.S. shale oil doesn’t affect exporters of medium and heavy crudes such as Ven » http://www.bloomberg.com/news/2013-05-30/venezuela-says-u-s-shale-won-t-hurt-opec-s-heavy-oil.html
Friday, May 31, 2013 Hebei Iron & Steel Group (000709), China’s biggest steelmaker, joined domestic rivals in halting pl » http://www.businessweek.com/news/2013-05-31/china-steel-output-cut-as-prices-fall-and-inventories-rise
Friday, May 31, 2013 The recession in Europe risks threatening the world's economic recovery, a leading international bo » http://www.usatoday.com/story/money/business/2013/05/29/oecd-europe-threat-to-world-economy/2368813/
Friday, May 31, 2013 The U.S. economy expanded less than previously estimated in the first quarter as slower inventory b » http://www.bloomberg.com/news/2013-05-30/economy-in-u-s-grew-at-2-4-rate-less-than-first-estimated.html
Friday, May 31, 2013 A major fire broke out in two mother plants of the public sector Numaligarh Refinery Ltd (NRL) in u » http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/fire-in-numaligarh-refinery-ltd-refinery-in-assam...
Thursday, May 30, 2013 Chinese steel sector is besieged with huge overcapacity amid slowdown in demand growth and due to a » http://www.steelguru.com/international_news/Chinese_aggressive_stance_on_exports_pushing_global_steel_prices_in_down/31366...
Thursday, May 30, 2013 Statistics from the China National Coal Association showed that China's coal output and investment » http://www.coalguru.com/china/chinese_coal_output_and_investment_decline/10063
Thursday, May 30, 2013 Brazil's economic growth fell short of forecasts once again in the first quarter as President Dilma » http://in.reuters.com/article/2013/05/29/brazil-economy-idINL2N0EA0FD20130529
Wednesday, May 29, 2013 BHP Billiton Ltd. said additional demand for steelmaking coal by China would be mostly met by the c » http://www.marketwatch.com/story/china-to-meet-coking-coal-demand-rise-locally-bhp-2013-05-28
Wednesday, May 29, 2013 BHP Billiton, the world's biggest coking coal exporter, said it expects the market to be "comfortab » http://www.reuters.com/article/2013/05/29/bhpbilliton-coal-idUSL3N0E93V220130529
Wednesday, May 29, 2013 The European Union will ease its focus on austerity as a way to solve its three-year debt crisis wh » http://abcnews.go.com/International/wireStory/eu-ease-pace-austerity-economy-19277833?page=2#.UaYMcdLYjSg
Wednesday, May 29, 2013 South Africa's seasonally adjusted real GDP at market prices for the first quarter of 2013 increase » http://india.nydailynews.com/business/e782872fc90369bbb9862547a50347ec/south-africas-gdp-growth-slows-down
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