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News & Press

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

Industry News
Monday, November 26, 2012 The euro zone economy is on course for its deepest downturn since early 2009, while Chinese factori » http://www.reuters.com/article/2012/11/22/global-economy-idUSL5E8MM6ET20121122
Monday, November 26, 2012 Backed by government stimulus measures such as tax and interest-rate cuts, Latin America's biggest » http://www.nasdaq.com/article/survey-stimulus-fuels-brazil-third-quarter-gdp-recovery-20121123-00076#.ULOYKuRlGGM
Monday, November 26, 2012 Bechtel has signed a license agreement with JSC Pavlodar Oil Chemistry Refinery for a major moderni » http://www.breakbulk.com/epcs-project-owners/bechtel-expand-coking-complex-kazakhstan-1121
Monday, November 26, 2012 Japan's oil refining capacity may be cut by 20 percent by 2012 as refiners are cutting capacity to » http://www.kuna.net.kw/ArticleDetails.aspx?id=2276042&language=en
Monday, November 26, 2012 Saudi Aramco Mobil Refinery Company (SAMREF) will shut most of the units at its 400,000 barrel per » http://thepeninsulaqatar.com/latest-news/215723-saudi-aramco-exxon-to-shut-most-of-yanbu-refinery-in-march.html
Monday, November 26, 2012 While the refinery distillation capacity is stagnant in the US, it is faced with sale or closure of » http://gulfnews.com/business/opinion/opec-refineries-outlook-is-expensive-1.1109653
Monday, November 26, 2012 Gov. John deJongh Jr. made a speech Aug. 6 rejecting HOVENSA's proposal to operate its shuttered re » http://virginislandsdailynews.com/news/v-i-hovensa-negotiating-over-future-of-refinery-site-1.1407723
Monday, November 26, 2012 After two days of divisive talks, leaders from 27 European Union nations Friday failed to reach an » http://www.washingtonpost.com/world/europe/european-union-budget-talks-collapse/2012/11/23/eb7f50da-3596-11e2-92f0-496af20...
Wednesday, November 21, 2012 World crude steel production for the 62 countries reporting to the World Steel Association (worldst » http://www.steelguru.com/international_news/Global_crude_steel_output_up_by_13pct_YoY_in_October_2012/292435.html
Wednesday, November 21, 2012 National Development and Reform Commission said on its website that China's net coal imports in the » http://www.coalguru.com/china/china_039_s_net_coal_imports_up_by_40_in_10_months_ndrc/5376
Wednesday, November 21, 2012 Saudi Arabian Mining Company (Maaden) will start initial production at its 740,000 tonnes per year » http://www.tradearabia.com/news/IND_226022.html
Wednesday, November 21, 2012 Euro zone finance ministers are aiming to bring Greek debt down to 120 percent of GDP in 2020, rowi » http://www.reuters.com/article/2012/11/20/eurogroup-greece-idUSL5E8MKHI020121120
Wednesday, November 21, 2012 Two U.S. energy companies announced plans to build a 400-mile pipeline in Texas to deliver 300,000 » http://www.upi.com/Business_News/Energy-Resources/2012/11/20/Oil-pipeline-planned-for-Texas-refineries/UPI-60631353412373/...
Tuesday, November 20, 2012 Reuters reported that Japan's crude steel output registered its biggest annual fall in nine months » http://www.steelguru.com/international_news/Japanese_crude_steel_output_fell_by_67pct_YoY_in_Oct_JISF/292305.html
Tuesday, November 20, 2012 Apparent steel use in Latin America and the Caribbean reached a volume of 49.5 million tonnes durin » http://www.steelguru.com/international_news/Latin_American_apparent_steel_use_up_by_5pct_YoY_in_JanSep_2012_Alacero/292304...
Tuesday, November 20, 2012 According to the US Energy Information Administration, about 75% of US coal exports were shipped to » http://www.coalguru.com/north_america_other_asia/europe_and_asia_are_the_leading_destinations_for_us_coal_exports_in_2012/...
Tuesday, November 20, 2012 Although it’s commonly said that the United States is the Saudi Arabia of coal with more than 200 y » http://www.coalguru.com/north_america/cost_of_mining_coal_continues_to_climb/5329
Monday, November 19, 2012 Ukrainian mining group and steel producer Metinvest METIV.UL denied on Monday » http://www.reuters.com/article/2012/11/19/us-metinvest-slovakia-ussteel-idUSBRE8AI0BU20121119
Monday, November 19, 2012 Steel Exchange - Commissioning of 60 MW Power Plant by M/s. Simhadri Power Limited » http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=618339
Monday, November 19, 2012 Japan’s Shinsho Corp. plans to invest more than $300 million in the Venezuelan steel industry » http://www.bloomberg.com/news/2012-11-19/shinsho-plans-300-million-venezuela-steel-investment-el-mundo.html
Monday, November 19, 2012 Union Steel Minister Beni Prasad Verma on Monday urged the Uttar Pradesh government to expedite the » http://www.business-standard.com/india/news/steel-ministry-seeks-iron-ore-mines-for-rinl/492965/
Monday, November 19, 2012 Economists cut their forecasts for Brazil's 2013 economic growth for the first time since August, a » http://www.reuters.com/article/2012/11/19/brazil-economy-survey-idUSL1E8MJ0OR20121119
Monday, November 19, 2012 Despite obduracy by the coking coal miners in Australia ambiguity is prevalent about Q1 2013 pricin » http://www.steelguru.com/raw_material_news/Coking_coal_pricing_remains_ambiguous_in_Q1_amidst_contradictions/291865.html
Monday, November 19, 2012 The economy of the 17 countries that use the euro has shrunk for two straight quarters — a common d » http://www.businessweek.com/ap/2012-11-17/as-eurozone-economy-shrinks-govt-debt-loads-grow
Monday, November 19, 2012 Aluminium stocks on the London Metal Exchange (LME) are poised to hit another all-time record above » http://www.business-standard.com/india/news/lme-aluminium-stocks-set-to-hit-record-5-mt/492848/
Monday, November 19, 2012 Kuwait National Petroleum Company (KNPC), national oil refining company of the country, has announc » http://refiningandpetrochemicals.energy-business-review.com/news/kuwaits-mina-abdullah-refinery-operating-at-full-capacity...
Monday, November 19, 2012 The U.S. Energy Department's weekly inventory release showed that crude stockpiles increased, as pr » http://community.nasdaq.com/News/2012-11/us-crude-production-at-18yr-high-analyst-blog.aspx?storyid=190824#.UKokcuRlGGM
Monday, November 19, 2012 Saudi Arabia’s crude oil exports rose in September to 7.28 million barrels a day as local refinerie » http://www.businessweek.com/news/2012-11-18/saudi-arabian-oil-exports-rise-on-refinery-cuts-jodi-data-show
Monday, November 19, 2012 An anticipated surge in U.S. oil output to the highest levels in the world would give a boost to th » http://www.reuters.com/article/2012/11/18/usa-energy-independence-idUSL1E8M9DRU20121118
Monday, November 19, 2012 Flint Hills Resources wants to spend $400 million to upgrade its Pine Bend Refinery in Rosemount, w » http://www.twincities.com/localnews/ci_22011426/rosemount-refinery-plans-400-million-upgrade
Friday, November 16, 2012 Indian Express reported that fuel crisis has had a telling effect on power generation as India suff » http://www.coalguru.com/india/coal_shortage_hits_india_power_generation_by_11_/5282
Friday, November 16, 2012 Japan's government cut its view of the economy for a fourth straight month in November, marking the » http://www.reuters.com/article/2012/11/16/us-japan-economy-report-idUSBRE8AF00C20121116
Friday, November 16, 2012 Bechtel announced today that it has signed a license agreement with JSC Pavlodar Oil Chemistry Refi » http://www.equities.com/news/headline-story?dt=2012-11-16&val=721857&cat=energy
Friday, November 16, 2012 European oil refiners can expect margins to come back down to earth in 2013 as global capacity retu » http://www.reuters.com/article/2012/11/16/refiners-outlook-idUSL5E8M26FT20121116
Friday, November 16, 2012 Indian Oil Corporation’s 15-million-tonne Paradip refinery project on the Bay of Bengal coast now h » http://www.thehindubusinessline.com/companies/indianoils-paradip-refinery-to-boast-worlds-largest-coke-drum/article4101482...
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