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News & Press

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

Industry News
Thursday, December 20, 2012 Shares in Indian steel companies including Tata Steel (TISC.NS) gain after China said it will scrap » http://in.reuters.com/article/2012/12/19/steel-companies-shine-on-china-coke-duty-idINDEE8BI05W20121219
Thursday, December 20, 2012 The world’s No. 2 economy is better than early forecasts have suggested. On Wednesday, the World Ba » http://www.forbes.com/sites/kenrapoza/2012/12/19/china-economy-better-than-expected/
Thursday, December 20, 2012 KOCHI: An agency will soon be appointed to prepare the detailed project report (DPR) for the 500 MW » http://timesofindia.indiatimes.com/city/kochi/Detailed-project-report-soon-for-500-MW-petcoke-power-plant/articleshow/1768...
Thursday, December 20, 2012 American Electric Power, or A.E.P., the nation’s biggest consumer of coal, announced that it would » http://www.nytimes.com/2012/12/20/business/energy-environment/aep-has-plan-to-close-kentuckys-big-sandy-power-plant.html?_r=0
Thursday, December 20, 2012 The “silent” removal of a 40 percent tax on China’s coke exports, coming after the World Trade Orga » http://www.bloomberg.com/news/2012-12-20/china-s-coal-imports-poised-to-jump-as-coke-export-tax-scrapped.html
Thursday, December 20, 2012 BP has pushed back the start-up date of its revamped 260,000 bpd sour crude unit by 30 to 45 days u » http://uk.reuters.com/article/2012/12/14/uk-bp-whiting-lawsuit-idUKBRE8BD0YB20121214
Thursday, December 20, 2012 West Texas Sour weakened against the U.S. benchmark crude as Western Refining Inc. (WNR)’s El Paso » http://www.bloomberg.com/news/2012-12-19/west-texas-sour-weakens-as-el-paso-refinery-reduces-crude-runs.html
Wednesday, December 19, 2012 PTI reported that India is likely to be the second largest consumer of coal, surpassing the United » http://www.coalguru.com/india/india_will_overtake_us_in_coal_use_by_2017/6130
Wednesday, December 19, 2012 Global coal demand will rise 2.6 percent annually in the next six years and challenge oil as the to » http://www.bloomberg.com/news/2012-12-18/coal-demand-forecast-to-rise-2-6-a-year-through-2017-iea-says.html
Wednesday, December 19, 2012 Oil prices rose on Tuesday as apparent progress in resolving the U.S. budget crisis eased concerns » http://www.reuters.com/article/2012/12/18/markets-oil-idUSL1E8NI1TV20121218
Wednesday, December 19, 2012 Motiva Enterprises LLC again will take a crude distillation unit offline for the rest of the week a » http://www.foxbusiness.com/news/2012/12/18/motiva-finds-chemical-leak-in-port-arthur-refinery-unit-source/
Tuesday, December 18, 2012 US steel exports increased in October compared to September 2012 by 12.1% according to government r » http://www.steelguru.com/international_news/US_steel_exports_in_October_increase_by_12pct_MoM_on_NAFTA_sales/295571.html
Tuesday, December 18, 2012 Due to its declaration of a force majeure in the early part of April, mining giant BHP Billiton ( B » http://www.nasdaq.com/article/bhp-uses-coking-coal-stockpile-to-meet-export-targets-cm134848#.UNByi-RlGGM
Monday, December 17, 2012 The state Public Service Commission on Friday denied Century Aluminum's request for reconsideration » http://dailymail.com/News/statenews/201212140146
Monday, December 17, 2012 Pemex said in the filing this week in New York's southern district court that Siemens and SK, under » http://www.foxbusiness.com/news/2012/12/14/pemex-sues-siemens-sk-alleging-bribery-in-refinery-project/
Monday, December 17, 2012 Essar Oil Ltd. (ESOIL), the Indian refiner controlled by the billionaire Ruia brothers, will freeze » http://www.bloomberg.com/news/2012-12-16/billionaire-ruias-stall-refinery-plan-for-debt-corporate-india.html
Monday, December 17, 2012 According to data, Japan imported 5.9 million tons of coking coals in October, falling by 13.6% fro » http://www.metalfirst.com/news/cd734b3a76cc749132fbd41f123f9977.html
Monday, December 17, 2012 Thermal coal prices have slumped to under $100 a ton in some markets and seem to be deteriorating f » http://www.nasdaq.com/article/keepyoureyeonthemetallurgicalcoalmarket-cm143952#.UM8TiORlGGM
Monday, December 17, 2012 China's vast manufacturing sector grew in early December and U.S. factories were having their best » http://www.reuters.com/article/2012/12/14/economy-global-idUSL1E8NE42820121214
Monday, December 17, 2012 A major expansion project at BP PLC's (BP, BP.LN) Whiting, Ind., refinery is 80% complete, spokesma » http://www.nasdaq.com/article/bps-whiting-ind-refinery-upgrade-is-80-complete---spokesman-20121214-00601#.UM8RuORlGGM
Monday, December 17, 2012 A $4 billion project to upgrade BP Plc's 337,000 barrel per day (bpd) Whiting, Indiana, refinery hi » http://newsandinsight.thomsonreuters.com/Legal/News/2012/12_-_December/BP_s_Whiting_refinery_overhaul_hits_delays,_lawsuit/
Friday, December 14, 2012 Standard & Poor's analyst Rafaela Vitoria said that demand for steel in Latin America is likely to » http://www.steelguru.com/international_news/Latin_America_steel_demand_to_increase_by_5_percent_in_2013_SandP/295013.html
Friday, December 14, 2012 Swaps prices declined for thermal coal from Indonesia, the world’s largest exporter of the power- s » http://www.bloomberg.com/news/2012-12-14/indonesian-thermal-coal-swaps-advance-china-prices-gain.html
Friday, December 14, 2012 It’s an exciting time to be in the energy industry in America. The impact of unconventional oil and » http://www.forbes.com/sites/energysource/2012/12/13/how-unconventional-oil-and-gas-is-transforming-the-u-s-economy/
Friday, December 14, 2012 Oil-refining margins are rebounding from a five-month low in Asia as China's recovering economy fee » http://www.thenational.ae/business/economy/refinery-shutdowns-fuel-asian-oil-margins#page2
Thursday, December 13, 2012 German electricity for delivery in 2013 fell to a record as coal prices declined a seventh day and » http://www.bloomberg.com/news/2012-12-12/german-2013-power-at-record-low-on-coal-credit-suisse-estimates.html
Thursday, December 13, 2012 Aluminium smelters in China, the world's top producer and consumer of the metal, have agreed on hig » http://www.reuters.com/article/2012/12/13/china-alumina-idUSL4N09N15520121213
Thursday, December 13, 2012 China's oil refinery output will increase to about 42 million metric tons in December, up 7.3 perce » http://usa.chinadaily.com.cn/business/2012-12/13/content_16015098.htm
Thursday, December 13, 2012 Motiva Enterprises aborted the restart of a major new crude oil unit at its Port Arthur, Texas, pla » http://www.reuters.com/article/2012/12/12/us-refinery-motiva-operations-idUSL1E8NC45S20121212
Wednesday, December 12, 2012 According to the OECD’s latest Economic Outlook, the global economy is expected to make a hesitant » http://www.steelguru.com/international_news/Global_economy_facing_hesitant_and_uneven_recovery_says_OECD/294752.html
Wednesday, December 12, 2012 According to Newcastle Port Corporation, in the week ended December 10th, coal shipments from the P » http://www.coalguru.com/australia/slight_drop_in_coal_exports_from_australia_newcastle_port/5965
Wednesday, December 12, 2012 In the first 11 months of 2012, Germany's crude steel production totaled 39.6 million tonnes, falli » http://www.steelguru.com/international_news/Germany_11_months_crude_steel_output_down_by_69_percent/294883.html
Wednesday, December 12, 2012 ThyssenKrupp expects the Group’s sales from continuing operations to remain at the prior year level » http://www.steelguru.com/international_news/ThyssenKrupp_gives_flat_outlook/294753.html
Wednesday, December 12, 2012 Alacero announced that between January and October 2012, year over year trade flow between China an » http://www.steelguru.com/international_news/Chinese_steel_exports_to_Latin_America_surge_by_15pct_in_2012/294749.html
Wednesday, December 12, 2012 Saudi Arabia has revised up its 2011 GDP growth to 7.1 per cent, the second largest increase since » http://www.emirates247.com/business/economy-finance/saudi-gdp-growth-at-8-year-high-2012-12-12-1.486976
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