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News & Press

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

Industry News
Thursday, February 14, 2013 Japan’s economy remained mired in recession late last year, shrinking 0.4 percent in annualized ter » http://www.nytimes.com/2013/02/14/business/global/japanese-economy-contracts-and-remains-in-recession.html?_r=0
Thursday, February 14, 2013 Rio Tinto Group, the world’s second- largest mining company, swung to its first full-year loss in a » http://www.businessweek.com/news/2013-02-14/rio-tinto-swings-to-full-year-loss-on-aluminum-coal-charges
Thursday, February 14, 2013 Latin America is expected to continue to experience a slump in refinery throughput as crude runs in » http://www.bnamericas.com/news/oilandgas/venezuela-colombia-to-hurt-latin-america-refinery-output-in-1q13
Wednesday, February 13, 2013 Glencore International Plc, the world’s largest publicly traded commodities supplier, said 2012 coa » http://www.bloomberg.com/news/2013-02-12/glencore-coal-output-doubles-after-south-african-mine-purchases.html
Wednesday, February 13, 2013 Coal-fired power generation rose 8.9 percent last month above January 2012 on higher electricity de » http://www.reuters.com/article/2013/02/12/genscape-coal-idUSL1N0BC48L20130212
Tuesday, February 12, 2013 Consumers’ Co-Operative Refineries Ltd.’s coker at the Regina refinery in Saskatchewan, Canada, wil » http://www.businessweek.com/news/2013-02-11/consumers-co-op-shuts-coker-at-saskatchewan-plant-after-fire
Tuesday, February 12, 2013 Houston Refining LP (>> LyondellBasell Industries NV) on Feb. 1 said it is in the early stages of s » http://www.4-traders.com/WTI-SPOT-2355639/news/Refinery-Status-Tesoro-Restarts-Unit-at-Martinez-Refinery-16043002/
Tuesday, February 12, 2013 Reliance Industries Limited (RIL) has planned ”maintenance turnaround” of a crude distillation unit » http://www.livemint.com/Industry/9v7rea5ePafZQUurlfdUYM/RIL-to-revamp-Jamnagar-refinerys-crude-distillation-unit.html
Monday, February 11, 2013 Producers of coal have hiked prices of cargoes delivered into northwestern Europe in response to a » http://www.reuters.com/article/2013/02/08/markets-coal-physical-idUSL5N0B8BV920130208
Monday, February 11, 2013 The Valero refinery complex in Port Arthur, Texas, occupies over six square miles of concrete, pipe » http://cnews.canoe.ca/CNEWS/Canada/2013/02/10/20568186.html
Friday, February 8, 2013 Chinese coal imports will fall for the first time in five years in 2013, dropping 10 percent from t » http://www.dailytimes.com.pk/default.asp?page=2013%5C02%5C07%5Cstory_7-2-2013_pg5_23
Friday, February 8, 2013 Prices for coal delivered into northwestern Europe moved up slightly on Thursday as did near-term s » http://www.reuters.com/article/2013/02/07/markets-coal-physical-idUSL5N0B7IDE20130207
Friday, February 8, 2013 China’s January coal imports rose 56 percent from a year ago, according to data released by the Bei » http://www.bloomberg.com/news/2013-02-08/china-january-coal-imports-rise-56-from-year-ago-customs-says.html
Friday, February 8, 2013 Europe’s use of the fossil fuel spiked last year after a long decline, powered by a surge of cheap » http://www.washingtonpost.com/world/europe-consuming-more-coal/2013/02/07/ec21026a-6bfe-11e2-bd36-c0fe61a205f6_story.html
Friday, February 8, 2013 US crude prices tumbled Thursday after an extended US refinery outage revived concerns about a glut » http://www.globalpost.com/dispatch/news/afp/130207/us-oil-dips-refinery-pipeline-outages
Thursday, February 7, 2013 According to the preliminary verification of China Cement Association, the cement industry added 12 » http://en.ce.cn/Insight/201302/07/t20130207_24104980.shtml
Wednesday, February 6, 2013 Three new refineries, in various parts of the Kingdom, each able to process 400,000 barrels per day » http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentid=20130203151652
Wednesday, February 6, 2013 Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, plans to sell i » http://www.foxbusiness.com/news/2013/02/05/petrobras-working-to-sell-texas-refinery-but-not-at-any-price-ceo/
Tuesday, February 5, 2013 European steel demand is likely to fall further this year before a mild rebound takes hold in 2014, » http://www.reuters.com/article/2013/02/05/steel-europe-eurofer-idUSL5N0B5ARZ20130205
Tuesday, February 5, 2013 However, the process in the Mon Valley just got greener with the commissioning of U.S. Steel Corp.’ » http://www.bizjournals.com/pittsburgh/news/2013/01/31/us-steel-completes-clairton-coke.html?page=all
Tuesday, February 5, 2013 This time it is Chevron that plans on transporting six 500,000-pound drums from Redondo Beach's Kin » http://www.nbclosangeles.com/news/local/Chevron-Planning-Shuttle-Like-Move-189751461.html
Tuesday, February 5, 2013 The vast U.S. services sector expanded again last month, extending a three-year run of growth, whil » http://www.reuters.com/article/2013/02/05/global-economy-idUSL1N0B586B20130205
Tuesday, February 5, 2013 Coal export prices at South Africa’s Richards Bay, the continent’s biggest terminal for shipping th » http://www.bloomberg.com/news/2013-02-04/south-africa-richards-bay-coal-increases-first-time-in-six-weeks.html
Tuesday, February 5, 2013 BP Plc likely won't see the full financial benefits of the $4 billion upgrade at its Indiana refin » http://www.foxbusiness.com/news/2013/02/05/bp-to-see-full-whiting-refinery-upgrade-benefits-in-2014-ceo/
Tuesday, February 5, 2013 The 70,000 barrel per day crude oil unloading facility is the latest upgrade PBF Energy has done si » http://www.newsworks.org/index.php/local/item/50475-delaware-city-refinery-expands-rail-capacity?linktype=hp_topstorylist
Tuesday, February 5, 2013 Phillips 66 (PSX) continues to perform maintenance at its 247,000-barrel-a-day refinery in Sweeny, » http://www.foxbusiness.com/news/2013/02/04/refinery-status-phillips-66-sweeny-refinery-2/
Monday, February 4, 2013 Following the lead of Century Aluminum at Hawesville, Ky., the Rio Tinto Alcan aluminum smelter at » http://www.courierpress.com/news/2013/feb/01/rio-tinto-alcan-aluminum-smelter-gives-12-month-no/
Monday, February 4, 2013 Heavy rains in Australia's eastern Queensland state have caused two major coking coal producers, Ri » http://www.reuters.com/article/2013/02/01/riotinto-australia-coal-idUSL4N0B10PF20130201
Monday, February 4, 2013 TOKYO--Mitsubishi Corp. (8058.TO) said Friday that it thinks the steep fall in coking coal prices t » http://www.morningstar.com/advisor/t/70440967/slumping-coking-coal-price-weighs-on-mitsubishi-earnings.htm
Monday, February 4, 2013 U.S. manufacturing growth quickened in January and hiring across the economy increased in late 2012 » http://www.reuters.com/article/2013/02/01/global-economy-pmi-idUSL5N0B140X20130201
Monday, February 4, 2013 China’s services industries grew at the fastest pace since August as gains in retailing and constru » http://www.bloomberg.com/news/2013-02-04/china-services-industries-grow-as-retailing-boosts-recovery-1-.html
Monday, February 4, 2013 Exxon Mobil Corp. and Chevron Corp., the largest U.S. energy producers, are boosting profits with o » http://www.latimes.com/business/la-fi-chevron-earnings-20130202,0,7007814.story
Monday, February 4, 2013 Marathon also said that the 451,000 barrels-per-day plant, the site of a deadly explosion in 2005 t » http://uk.reuters.com/article/2013/02/01/marathon-bp-idUKL1N0B1JZT20130201
Monday, February 4, 2013 BP Plc (NYSE: BP) said Friday it has completed the sale of its Texas City refinery and other assets » http://www.bizjournals.com/houston/news/2013/02/01/bp-completes-texas-city-refinery-sale.html
Monday, February 4, 2013 Chevron posted a rise in quarterly profit on Friday as its refining arm managed to improve earnings » http://www.cnbc.com/id/100424498
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