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News & Press

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

Industry News
Monday, April 8, 2013 It’s a frequently repeated factoid about the energy industry: No new major refinery has been built » http://fuelfix.com/blog/2013/04/07/refineries-expanded-but-not-constructed/
Friday, April 5, 2013 The Australian reported that Rio Tinto's move to offload parts of its Queensland and NSW thermal co » http://www.coalguru.com/australia/rio_tinto_move_to_sell_assets_highlight_negative_coal_outlook/8605
Friday, April 5, 2013 Oil prices dipped slightly Friday ahead of the release of employment figures that traders hope will » http://fuelfix.com/blog/2013/04/05/oil-price-slides-as-exxon-shuts-crude-pipeline/
Friday, April 5, 2013 Ukraine’s government imposed a quota on imports of coking coal, used to make steel, and banned inbo » http://www.businessweek.com/news/2013-04-05/ukraine-imposes-coking-coal-import-quota-of-10-dot-2-million-tons
Friday, April 5, 2013 Argentina's largest oil refinery will be back online within hours after being shut down this week b » http://www.foxbusiness.com/news/2013/04/04/argentina-ypf-expects-refinery-to-be-online-within-hours/
Friday, April 5, 2013 Oil refiners in Europe will shut 10 percent of their plants this decade as fuel demand falls to a 1 » http://www.businessweek.com/news/2013-04-04/europe-to-shut-10-refineries-as-profits-tumble#p2
Thursday, April 4, 2013 Reuters reported that European physical thermal coal prices for prompt delivery traded below USD 80 » http://www.coalguru.com/africa_north_america_other_region_south_america/thermal_coal_prices_ara_europe_inching_to_usd_75_m...
Thursday, April 4, 2013 BP is getting out of the wind power business, selling its U.S. wind farm operations, including four » http://fuelfix.com/blog/2013/04/03/bp-to-sell-wind-business/
Thursday, April 4, 2013 A huge drop in French business activity meant the euro zone's recession dragged on in March but Bri » http://www.reuters.com/article/2013/04/04/us-europe-economy-idUSBRE9330E620130404
Thursday, April 4, 2013 Rosneft President and Chairman of the Management Board Igor Sechin and UC Rusal Chief Executive Off » http://www.rosneft.com/printable/news/news_in_press/030420132.html
Thursday, April 4, 2013 Two units each of the NTPC'sFarakka and Kahalgaon power station have stopped generation due to lack » http://timesofindia.indiatimes.com/city/patna/Shortage-of-coal-deepens-power-crisis/articleshow/19372422.cms
Thursday, April 4, 2013 Phillips 66 ( PSX ) was making progress toward restarting some units April 3 at its Ponca City, Okl » http://www.nasdaq.com/article/refinery-status-phillips-66-progressing-toward-restarting-ponca-city-okla-units-20130403-007...
Wednesday, April 3, 2013 U.S. crude oil inventories climbed to the highest level in more than 22 years last week as producti » http://fuelfix.com/blog/2013/04/02/crude-stockpiles-surge-to-22-year-high/
Wednesday, April 3, 2013 Kinder Morgan Energy Partners LP is conducting a binding open season to determine customer interest » http://fuelfix.com/blog/2013/04/02/kinder-morgan-considers-pipeline-to-california/
Wednesday, April 3, 2013 Canada is pulling ahead of the U.S. in the contest to be the first exporter of liquefied natural ga » http://fuelfix.com/blog/2013/04/03/canada-seen-beating-u-s-in-150-billion-asia-lng-race/
Wednesday, April 3, 2013 A list of 45 Chinese steel enterprises that meet national iron and steel industrial standards was p » http://www.chinadaily.com.cn/business/2013-04/03/content_16372737.htm
Wednesday, April 3, 2013 Japan’s steel output will probably fall 4.1 percent this quarter, the biggest decline in five quart » http://www.bloomberg.com/news/2013-04-02/japan-steel-output-may-decline-on-waning-demand-for-ships-cars.html
Wednesday, April 3, 2013 The future of the aluminium smelter at Tiwai Point remains uncertain after the Government's offer o » http://www.3news.co.nz/Smelters-woes-blamed-on-excess-supply/tabid/421/articleID/292778/Default.aspx
Wednesday, April 3, 2013 TWO of Australia's biggest companies, AGL and Alcoa, are squaring off in the Supreme Court over pow » http://www.couriermail.com.au/news/national/power-play-in-court-as-alcoa-demands-hardship-price-deal/story-fndo1wyv-122661...
Wednesday, April 3, 2013 Coking market is yet to wake up from the Easter slumber. Nominal prices for premium-quality coal ar » http://www.steelguru.com/raw_material_news/Coking_coal_spot_levels_languish_amidst_slow_Chinese_demand/307620.html
Wednesday, April 3, 2013 Russia’s economy grew at the weakest pace in the fourth quarter since a recession in 2009 as Europe » http://www.businessweek.com/news/2013-04-02/russian-economy-slows-to-weakest-growth-since-2009-slump
Wednesday, April 3, 2013 Growth in China's services sectors rose to multi-month highs in March as a construction boom and fi » http://www.reuters.com/article/2013/04/03/us-china-economy-pmi-idUSBRE93201V20130403
Wednesday, April 3, 2013 The eight core industries, which have a combined weight of 37.9% in the Index of Industrial Product » http://www.myiris.com/newsCentre/storyShow.php?fileR=20130401135628199&dir=2013/04/01
Wednesday, April 3, 2013 The US coal industry shouldn't continue to count on China as a major export market, according to a » http://usa.chinadaily.com.cn/2013-04/02/content_16368515.htm
Wednesday, April 3, 2013 According to estimates by the Energy Information Administration (EIA), the country's current coal » http://www.nasdaq.com/article/coal-industry-stock-outlook-april-2013-zacks-analyst-interviews-cm232922#.UVw0NqLYjSg
Wednesday, April 3, 2013 The Organization of Petroleum Exporting Countries will trim crude shipments through to the middle o » http://www.bloomberg.com/news/2013-03-28/opec-to-cut-exports-on-refinery-maintenance-oil-movements-says.html
Tuesday, April 2, 2013 Reuters reported that coal imports into India surged by 9.6% YoY to 9.65 million tonnes in February » http://www.coalguru.com/india/indian_coal_imports_in_february_surge_by_almost_10pct_yoy/8515
Tuesday, April 2, 2013 Rio Tinto Group, majority owner of New Zealand’s only aluminum smelter, rejected an offer of a shor » http://www.businessweek.com/news/2013-04-01/rio-tinto-rejects-n-dot-z-dot-offer-of-support-for-smelter-key-says
Tuesday, April 2, 2013 HollyFrontier Corp. (HFC) began planned maintenance yesterday on a crude unit, coker and gofiner at » http://www.bloomberg.com/news/2013-03-25/holly-el-dorado-said-to-begin-turnaround-on-crude-unit-coker.html
Tuesday, April 2, 2013 Strong demand at home boosted activity at Chinese factories last month, but U.S. manufacturing hit » http://www.reuters.com/article/2013/04/01/global-economy-idUSL2N0CO0MM20130401
Tuesday, April 2, 2013 The nation's economic fortunes are up in the air as Washington waffles over fiscal issues » http://www.usnews.com/news/articles/2013/03/28/fourth-quarter-gdp-revised-upward
Tuesday, April 2, 2013 On March 29, Mangalore Refinery and Petrochemicals Ltd, an ONGC Group company and a mini ratna 1, » http://www.daijiworld.com/news/news_disp.asp?n_id=168875
Tuesday, April 2, 2013 The U.S. Virgin Islands and the owners of the St. Croix refinery have agreed "in principle" to a sa » http://www.reuters.com/article/2013/04/01/hovensa-sale-agreement-idUSL2N0CO1NE20130401
Monday, April 1, 2013 Low rainfall in southern hydro catchments has forced the Bluff aluminium smelter to cut back consum » http://www.nbr.co.nz/article/big-dry-hits-smelter-production-bd-137175
Monday, April 1, 2013 The refinery will be returning its coker unit to normal operations, which could lead to these darke » http://www.theobserver.ca/2013/03/28/imperial-oil-restarts-coker-unit
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