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News & Press

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

Industry News
Monday, January 14, 2013 Richard’s Bay Coal Terminal on South Africa’s eastern coast shipped the most fuel in 2012 for six y » http://www.bloomberg.com/news/2013-01-10/richards-bay-2012-coal-terminal-shipments-rise-to-six-year-high.html
Monday, January 14, 2013 The discount of West Texas Sour to WTI averaged $9.36 in the fourth quarter of 2012, lowest quarter » http://www.businessweek.com/news/2013-01-10/west-texas-sour-falls-to-seven-week-low-on-refinery-maintenance
Monday, January 14, 2013 The Indian Oil Corporation Ltd (IOCL) is all set to commission the first phase of its 15-MTPA Parad » http://www.dailypioneer.com/state-editions/bhubaneswar/121263-paradip-refinery-1st-phase-commissioning-by-sept.html
Thursday, January 10, 2013 US Energy Information Administration said that after a record 2012, US coal exports are expected to » http://www.coalguru.com/north_america/us_coal_exports_to_fall_in_2013_as_economic_woes_continue_eia/6518
Thursday, January 10, 2013 China’s exports rose more than forecast last month and a broad measure of credit surged 28 percent, » http://www.bloomberg.com/news/2013-01-10/china-s-exports-accelerate-in-boost-to-recovery-momentum-1-.html
Thursday, January 10, 2013 Eastern Europe’s economic growth advantage over its western neighbors is narrowing as the continent » http://www.bloomberg.com/news/2013-01-09/east-europe-s-gdp-edge-on-west-wanes-in-crisis-chart-of-the-day.html
Thursday, January 10, 2013 India's coal imports may rise by half to around 16 million tonnes in January from a year earlier, t » http://in.reuters.com/article/2013/01/09/india-coal-imports-idINDEE90809W20130109
Thursday, January 10, 2013 Asian diesel prices for 2013 are likely to be supported to the middle of the year on refinery maint » http://economictimes.indiatimes.com/news/international-business/asia-growth-refinery-maintenance-to-support-2013-diesel-pr...
Wednesday, January 9, 2013 Global metallurgical coal prices this year may be stifled by ample supply and weak demand, BB&T Cap » http://www.bloomberg.com/news/2013-01-08/metallurgical-coal-prices-may-stifled-by-ample-supply-bb-t-says.html
Tuesday, January 8, 2013 A steady decline in European coal prices that has coincided with a tight gas market means that coal » http://www.reuters.com/article/2013/01/08/energy-europe-gas-coal-idUSL5E9C85US20130108
Tuesday, January 8, 2013 China's statistics authority revised Monday its GDP figure for 2011 slightly up, based on its final » http://www.chinaeconomicreview.com/chinas-gdp-revised-2011-us752trn
Tuesday, January 8, 2013 Analysts covering Brazil lowered their forecast for growth this year and raised it for inflation, a » http://www.bloomberg.com/news/2013-01-07/brazil-analysts-cut-2013-gdp-forecast-raise-inflation-call-1-.html
Tuesday, January 8, 2013 Coal for immediate delivery dropped $1.15, or 1.3 percent, in the week to Jan. 4 to $88.94 a metric » http://www.bloomberg.com/news/2013-01-07/south-africa-richards-bay-coal-declines-to-lowest-in-three-weeks.html
Tuesday, January 8, 2013 Oil rose, trading near the highest level in almost four months in New York on estimates that U.S. r » http://www.bloomberg.com/news/2013-01-07/oil-trades-near-four-month-high-as-run-rates-supply-seen-rising.html
Tuesday, January 8, 2013 Motiva Enterprises LLC said the crude unit of its Port Arthur, Texas, refinery expansion leaked whi » http://www.foxbusiness.com/news/2013/01/07/motiva-shuts-down-texas-refinery-expansion-unit-due-to-leak/
Monday, January 7, 2013 NEW DELHI: India outpaced all major steel producing nations, including China in terms growth rate t » http://articles.economictimes.indiatimes.com/2013-01-06/news/36173996_1_steel-production-world-steel-association-fifth-lar...
Monday, January 7, 2013 The Japanese government will announce around 12 trillion yen ($136 billion) in fiscal stimulus meas » http://www.bloomberg.com/news/2013-01-07/japan-to-spend-12-trillion-yen-to-boost-economy-yomiuri-says.html
Monday, January 7, 2013 China's GDP will grow 7.8 percent in 2012 and 8.1 percent in 2013 as foreign trade, consumption and » http://www.chinadaily.com.cn/business/2013-01/07/content_16092258.htm
Monday, January 7, 2013 MANGALORE: Mangalore Refineries and Petrochemicals Limited (MRPL) managing director PP Upadhya said » http://articles.timesofindia.indiatimes.com/2013-01-05/mangalore/36161142_1_mrpl-mangalore-refineries-polypropylene
Monday, January 7, 2013 South Africa, the African continent’s economic engine, is on the cusp of an oil rush never before s » http://www.bloomberg.com/news/2013-01-07/shell-leads-s-africa-on-record-oil-rush-as-coal-falters-energy.html
Monday, January 7, 2013 Indonesia, the world’s largest thermal coal exporter, aims to see higher growth in its coal product » http://www2.thejakartapost.com/news/2013/01/05/coal-output-increase-better-price-forecast.html
Monday, January 7, 2013 More than 9,000 megawatts of coal-fired generation retired in the United States in 2012 as stricter » http://www.reuters.com/article/2013/01/04/utilities-coal-usa-idUSL1E9C352P20130104
Monday, January 7, 2013 Rain CII Carbon LLC USA (“Rain CII“), has completed the previously announced acquisition of RÜTGERS » http://www.raincii.com/news/
Monday, January 7, 2013 Electricity for delivery next year in Germany dropped to a record amid weaker prices for coal and e » http://www.businessweek.com/news/2013-01-03/european-2014-power-prices-fall-along-with-emissions-coal
Friday, January 4, 2013 U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the t » http://abcnews.go.com/Business/wireStory/us-job-market-resilient-budget-fight-18125015#.UOb4W29lF8E
Friday, January 4, 2013 Metallurgical coal may rebound from the lowest prices since 2009 as China rebuilds steel supplies, » http://www.bloomberg.com/news/2013-01-03/coking-coal-may-rebound-as-china-restocks-steel-barclays-says.html
Friday, January 4, 2013 A crude unit at Motiva Enterprise's 325,000 barrel-a-day refinery in Port Arthur, Texas, is in rest » http://www.nasdaq.com/article/crude-oil-unit-in-restart-at-motiva-port-arthur-texas-refinery-20130103-01168
Thursday, January 3, 2013 According to statistics released by Japan's Ministry of Finance, Japan's coking coal imports totale » http://www.steelorbis.com/steel-news/latest-news/japans-coking-coal-imports-fall-in-november-732978.htm
Thursday, January 3, 2013 U.K. manufacturing unexpectedly expanded at the fastest pace in 15 months in December as domestic d » http://www.bloomberg.com/news/2013-01-02/u-k-manufacturing-index-unexpectedly-rises-to-15-month-high.html
Wednesday, January 2, 2013 In November this year, Japan's industrial production decreased 1.7% from the previous month, showin » http://www.steelguru.com/international_news/Macroeconomic_indicators_Japan_industrial_output_down_in_November/296817.html
Wednesday, January 2, 2013 On December 13th, a public hearing was held to address a proposal for the export of coal from the P » http://www.coalguru.com/china_north_america/export_of_coal_from_the_powder_river_basin_to_china/6364
Wednesday, January 2, 2013 A long-awaited deal to avoid a U.S. fiscal crisis prompted a broad global market rally on Wednesday » http://news.yahoo.com/u-fiscal-cliff-deal-prompts-084321494.html
Wednesday, January 2, 2013 The current capacity of the ten major Indian steel makers stands at 54.5 mtpa and this will go up t » http://economictimes.indiatimes.com/news/news-by-industry/indl-goods/svs/steel/steel-makers-to-add-24-mt-capacity-in-exist...
Wednesday, January 2, 2013 Globally, Middle East and North Africa (MENA) has been a major exporter of its primary Aluminium pr » http://www.moneylife.in/business-wire-news/development-of-new-aluminium-smelters-and-downstream-industries-to-drive-the-al...
Wednesday, January 2, 2013 Manufacturing activity in Asia expanded in December as China's economy showed signs of revival but » http://www.reuters.com/article/2013/01/02/global-economy-idUSL4N0A70Q520130102
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