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News & Press

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

Industry News
Monday, October 8, 2012 The Kochi refinery's delayed coking unit will have the capacity to process 3.84 tpd of vacuum resid » http://www.hydrocarbonprocessing.com/Article/3098463/Latest-News/Indias-Bharat-taps-CB-I-delayed-coking-technology-for-Koc...
Monday, October 8, 2012 Reliance Industries Ltd and Venezuelan state oil company Petroleos de Venezuela, SA have signed a 1 » http://www.thehindubusinessline.com/companies/article3962122.ece?ref=wl_opinion
Monday, October 8, 2012 Marathon Petroleum Corp struck a deal to buy BP's Texas City refinery and related infrastructure fo » http://www.reuters.com/article/2012/10/08/marathon-bp-idUSL1E8L86AR20121008
Monday, October 8, 2012 India's Mangalore Refinery and Petrochemicals Ltd sold a lower sulphur gasoil cargo and offered ano » http://www.reuters.com/article/2012/10/08/india-mrpl-diesel-idUSL3E8L833020121008
Monday, October 8, 2012 As high oil prices and improved efficiency force refineries in the US and Europe towards closure, t » http://timesofindia.indiatimes.com/business/international-business/Global-refining-industry-shifts-to-Middle-East/articles...
Monday, October 8, 2012 Shale oil and gas production will give refineries in the United States unprecedented opportunity an » http://www.chron.com/business/energy/article/Report-says-shale-will-boost-refiners-3920195.php
Monday, October 8, 2012 Russian state owned oil company Rosneft will spend a total of $25 billion to modernise its Soviet-b » http://www.reuters.com/article/2012/10/05/russia-rosneft-refining-idUSL6E8L5JJE20121005
Monday, October 8, 2012 California gas prices continued surging Friday, adding another 17 cents per gallon on average, and » http://www.washingtonpost.com/business/analysts-say-spike-in-california-gas-prices-may-last-awhile-supply-issues-cited/201...
Monday, October 8, 2012 HollyFrontier Corp said on Friday it had returned its 70,300-barrels-per-day Tulsa East refinery in » http://www.reuters.com/article/2012/10/05/refinery-operations-hollyfrontier-idUSL1E8L597J20121005
Monday, October 8, 2012 Oct 5 (Reuters) - Taiwan's CPC Corp has cancelled a gasoil sell tender for a cargo to be loaded in » http://www.reuters.com/article/2012/10/05/taiwan-cpc-refinery-idUSL3E8L53YP20121005
Thursday, October 4, 2012 When Errol Emrich drove by a Shell station in his San Jose » http://www.mercurynews.com/traffic/ci_21682632/refinery-problems-send-california-gas-prices-skyrocketing
Thursday, October 4, 2012 The Kochi refinery's delayed coking unit will have the capacity to process 3.84 tpd of vacuum resid » http://www.hydrocarbonprocessing.com/Article/3098463/Latest-News/Indias-Bharat-taps-CB-I-delayed-coking-technology-for-Koc...
Thursday, October 4, 2012 Eagle Materials Inc. (NYSE: EXP) announced today that the company has entered into a definitive agr » http://ir.eaglematerials.com/releasedetail.cfm?ReleaseID=709674
Thursday, October 4, 2012 Russian billionaires Oleg Deripaska and Michael Cherney reached an 11th-hour settlement in a disput » http://www.chicagotribune.com/business/sns-rt-us-russia-courtbre88q1bf-20120927,0,797991.story
Thursday, October 4, 2012 Supporters of Ormet Corp. have delivered a 156-page petition with 2,566 signatures to Gov. John Kas » http://www.dispatch.com/content/stories/business/2012/09/26/petition-seeks-rate-relief-for-aluminum-plant.html
Thursday, October 4, 2012 Hindalco remains focused on capex with planned spend of INR90b on Indian projects » http://www.moneycontrol.com/news/recommendations/buy-hindalco-targetrs-161-prabhudas-lilladher_764372.htm
Wednesday, October 3, 2012 The troubled Italian smelter of aluminium group Alcoa will be able to continue using special contra » http://www.reuters.com/article/2012/10/03/italy-power-eu-idUSL6E8L38OS20121003
Wednesday, October 3, 2012 The euro zone's economic woes increased last month and China's slowdown looked likely to extend to » http://www.cnbc.com/id/49270699
Wednesday, October 3, 2012 The growth in the UAE’s gross domestic product (GDP) next year is expected to slow to 3.2 per cent » http://gulfnews.com/business/economy/uae-s-gdp-growth-to-slow-next-year-says-nbad-1.1084272
Wednesday, October 3, 2012 A company that planned to build a $10 billion oil refinery said Monday it has allowed land-purchase » http://www.cbsnews.com/8301-505245_162-57524371/company-planning-sd-refinery-lets-options-expire/
Wednesday, October 3, 2012 Canadian crude prices strengthened on Tuesday, despite outages at some key U.S. refineries, after S » http://www.reuters.com/article/2012/10/02/markets-cancrude-idUSL1E8L2DHC20121002
Tuesday, October 2, 2012 The Sardinia region's government will discuss ways with energy group Enel to reduce the price of po » http://www.reuters.com/article/2012/10/02/alcoa-sardinia-idUSL6E8L2ACQ20121002?type=marketsNews
Tuesday, October 2, 2012 Swiss commodities trader Glencore (GLEN.L) has suspended talks with Italian authorities over a poss » http://www.reuters.com/article/2012/09/29/us-italy-alcoa-glencore-idUSBRE88S0AQ20120929
Tuesday, October 2, 2012 A unit of Beijing Haohua Energy Resource Co Ltd has offered to inject $100 million into Coal of Afr » http://www.reuters.com/article/2012/10/01/coalofafrica-idUSL6E8L13SI20121001
Tuesday, October 2, 2012 Manufacturing from Europe to China contracted in September as the euro region’s fiscal crisis erode » http://www.businessweek.com/news/2012-10-01/euro-region-manufacturing-contracted-for-14th-month-in-september
Tuesday, October 2, 2012 Manufacturing unexpectedly expanded in September after three months of contraction, reflecting stro » http://www.businessweek.com/news/2012-10-01/ism-index-of-u-dot-s-dot-manufacturing-increased-to-51-dot-5-in-september
Tuesday, October 2, 2012 Greece will bring forward painful budget cuts to end a decade of primary deficits while grappling w » http://www.reuters.com/article/2012/10/01/greece-budget-idUSL6E8L1IJF20121001?type=marketsNews
Tuesday, October 2, 2012 Indian refiners processed 8.4 percent more oil in August from a year ago, a fourth straight monthly » http://in.reuters.com/article/2012/09/24/india-refinery-oil-idINL4E8KO5DK20120924
Tuesday, October 2, 2012 On the first day of October, the Exxon Mobil Refinery in Billings held a big project to replace wha » http://www.kulr8.com/news/local/Exxon-Mobil-Refinery-Overhaul-172223561.html
Tuesday, October 2, 2012 U.S. Gulf Coast oils weakened as Citgo Petroleum Corp. started to halt units at the Corpus Christi » http://www.bloomberg.com/news/2012-10-01/u-s-gulf-coast-oils-weaken-as-citgo-refinery-shuts-texas-units.html
Tuesday, October 2, 2012 The following table lists unplanned and planned production outages at U.S. refineries as reported b » http://www.nasdaq.com/article/refinery-status-phillips-66-restarting-sweeny-texas-units-after-power-outage-20121001-00827
Tuesday, October 2, 2012 China's Sinopec Corp has started shutting down a processing unit at a subsidiary refinery in Guang » http://www.foxbusiness.com/news/2012/10/01/sinopec-shuts-guangzhou-crude-unit-for-20-days-sources/
Friday, September 28, 2012 Demand for U.S. durable goods other than transportation equipment unexpectedly dropped in August fo » http://www.bloomberg.com/news/2012-09-27/orders-for-u-s-capital-goods-signal-business-spending-slowdown.html
Friday, September 28, 2012 The U.S. economy grew even slower than initially reported in the second quarter, as both consumers » http://money.cnn.com/2012/09/27/news/economy/gdp-report/
Friday, September 28, 2012 Japan's top oil refiner JX Nippon Oil & Energy Corp plans to refine 5.21 million kilolitres of crud » http://www.reuters.com/article/2012/09/28/energy-japan-jx-idUST9E8K301G20120928
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