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News & Press

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

Industry News
Monday, May 21, 2012 The oil ministry has directed state refiners to auction raw petroleum coke or RPC and give preferen » http://articles.economictimes.indiatimes.com/2012-05-18/news/31765515_1_rpc-ioc-refineries-oil-ministry
Monday, May 21, 2012 A major Red Sea oil refinery joint venture between Saudi Arabia and China is expected to be working » http://www.tradearabia.com/news/CM_217812.html
Thursday, May 17, 2012 CORPUS CHRISTI — Despite recent legal setbacks related to an air permit needed to break ground on t » http://www.caller.com/news/2012/may/16/las-brisas-project-slowed-but-not-sidetracked-by/
Thursday, May 17, 2012 Widespread expectations that rising power costs and a falling aluminum price would force smelter cl » http://agmetalminer.com/2012/05/17/with-low-aluminum-prices-where-are-chinese-capacity-closures/
Thursday, May 17, 2012 May 17 (Reuters) - Valero Energy Corp said Thursday the coker at its 292,000-barrel-per-day refiner » http://www.reuters.com/article/2012/05/17/refinery-operations-valero-portarthur-idUSWNAB212520120517
Thursday, May 17, 2012 Japan’s economy expanded faster than estimated in the first quarter, boosted by reconstruction spen » http://www.businessweek.com/news/2012-05-16/japan-s-economy-grows-more-than-forecast-4-dot-1-percent-in-first-quarter
Thursday, May 17, 2012 Russia’s economy grew last quarter at the fastest pace since the three months ended September 2011, » http://www.businessweek.com/news/2012-05-14/russia-s-economy-probably-slowed-as-euro-crisis-roiled-exporters
Thursday, May 17, 2012 May 17 (Reuters) - India's state-run National Aluminium Co on Thursday said it has sold 12,000 tonn » http://www.reuters.com/article/2012/05/17/india-nalco-idUSL4E8GH6BE20120517
Thursday, May 17, 2012 May 16 (Reuters) - A fire late on Tuesday in a pumphouse at the 100,000 barrel-per- day Consumers' » http://www.reuters.com/article/2012/05/16/refinery-operations-coop-regina-idUSL1E8GGD7G20120516
Wednesday, May 16, 2012 NEW YORK – Valero Energy Corp. (VLO) on Tuesday reported flaring at its oil refinery in Port Arthu » http://www.foxbusiness.com/news/2012/05/16/valero-port-arthur-refinery-flares-due-to-coker-compressor-upset-filing/
Wednesday, May 16, 2012 Exxon Mobil Corp. (XOM) on May 14 said work is progressing to restart the compressor that malfuncti » http://www.nasdaq.com/article/refinery-status-fccu-hydrotreater-work-under-way-at-chevron-richmond-20120515-01071
Wednesday, May 16, 2012 The ocean freight industry is still struggling to overcome the slow-down caused by the global reces » http://www.midwestproducer.com/news/markets/freight-rates-help-carry-u-s-wheat-value-far/article_9d573d60-9ec3-11e1-9b87-0...
Wednesday, May 16, 2012 May 15 (Reuters) - Delek U.S. Holdings Inc. said a power interruption last week forced the fluid ca » http://www.reuters.com/article/2012/05/15/delekus-idUSL4E8GF99H20120515
Wednesday, May 16, 2012 NEW YORK – Pasadena Refining Systems Inc. said Tuesday that all process units at its oil refinery » http://www.foxbusiness.com/news/2012/05/15/pasadena-refining-says-texas-refinery-returns-to-normal-rates/
Wednesday, May 16, 2012 The U.S. oil infrastructure is the product of four decades of rising imports and falling domestic s » http://www.businessweek.com/articles/2012-05-16/unlocking-the-crude-oil-bottleneck-at-cushing
Wednesday, May 16, 2012 A Travis County judge has stalled plans for a Corpus Christi power plant after finding flaws in the » http://www.chron.com/news/houston-texas/article/Planned-power-plant-in-jeopardy-after-judge-finds-3560966.php
Wednesday, May 16, 2012 Emergency crews quickly contained a fire in a pumphouse at the Co-op refinery complex on Tuesday ni » http://www.thestarphoenix.com/news/Refinery+Fire+Contained/6628102/story.html
Wednesday, May 16, 2012 Century Aluminum is still committed to working out a power rate deal and getting the Ravenswood fac » http://www.newsandsentinel.com/page/content.detail/id/561087/Century-officials-committed-to-reopening-plant.html?nav=5061
Wednesday, May 16, 2012 A lawyer who represents big industrial electricity customers in West Virginia said the group has no » http://www.dailymail.com/News/201205150183
Tuesday, May 15, 2012 LONDON (Commodity Online): Weak natural-gas prices are unlikely to significantly lower cost pressur » http://www.commodityonline.com/news/low-natural-gas-prices-unlikely-to-slash-us-aluminium-smelting-costs-barclays-48083-3-...
Tuesday, May 15, 2012 UC Rusal, the world's largest aluminum producer, boosted aluminum output 3.5% year-on-year to 1.049 » http://www.cospp.com/news/2012/05/15/rusal-ups-aluminum-output-3-5-in-q1.html
Tuesday, May 15, 2012 Century Aluminum is asking for special electricity rates to re-open its Ravenswood smelter, but it » http://www.dailymail.com/Business/201205140170?page=2&build=cache
Tuesday, May 15, 2012 One of the Chinese aluminium manufacturers fighting a dumping finding against it has challenged Aus » http://www.smh.com.au/business/china-firm-challenges-antidumping-ruling-20120515-1yntn.html
Tuesday, May 15, 2012 United Co. Rusal (486), the world’s largest aluminum producer, reported an 84 percent slump in firs » http://www.businessweek.com/news/2012-05-13/rusal-s-first-quarter-profit-falls-84-percent-on-weaker-aluminum-prices
Tuesday, May 15, 2012 Based on recent developments involving the potential default by a key customer, Patriot, with respe » http://www.steelguru.com/raw_material_news/Patriot_Coal_cuts_coking_coal_price_forecast/263898.html
Tuesday, May 15, 2012 In a bid to reduce costly imports and excessive dependence on Australian coking coal, India is all » http://www.mineweb.com/mineweb/view/mineweb/en/page38?oid=151410&sn=Detail&pid=102055
Tuesday, May 15, 2012 HONG KONG/SINGAPORE – Brazil's Vale , the world's largest iron-ore producer, has stopped hiring ves » http://www.miningweekly.com/article/vale-targets-china-firms-over-mega-ship-standoff-2012-05-11
Tuesday, May 15, 2012 PARIS, May 15 (Reuters) - France's economy stalled in the first quarter as household consumption fl » http://www.reuters.com/article/2012/05/15/france-economy-gdp-idUSL5E8GF2VA20120515
Tuesday, May 15, 2012 Gross domestic product in Europe’s largest economy rose 0.5 percent from the fourth quarter, when i » http://www.bloomberg.com/news/2012-05-15/german-gdp-grew-5-times-more-than-forecast-in-1st-quarter.html
Tuesday, May 15, 2012 Oiltanking Holding Americas (OTA) subsidiary Bulk Handling USA has entered into a definitive agreem » http://transportationandstorage.energy-business-review.com/news/bulk-handling-usa-acquires-united-bulk-terminal-140512
Tuesday, May 15, 2012 Carl Icahn, business investor, has been allowed to take control of CVR Energy, Inc. by a majority o » http://www.agprofessional.com/news/CVR-Energy-and-its-fertilizer-partner-taken-over-151512185.html
Tuesday, May 15, 2012 (Reuters) - Indian Oil Corp (IOC.NS), the country's biggest refiner, aims to expand refining capaci » http://www.reuters.com/article/2012/05/15/us-energy-summit-ioc-idUSBRE84E0KG20120515
Tuesday, May 15, 2012 May 15 (Reuters) - A German refinery run by Austrian energy group OMV is operating normally again a » http://www.reuters.com/article/2012/05/15/austria-burghausen-idUSL5E8GF57N20120515
Tuesday, May 15, 2012 May 14 (Reuters) - BP Plc was resuming the restart of its 225,000 barrel per day (bpd) Cherry Point » http://www.reuters.com/article/2012/05/14/refinery-operations-bp-cherrypoint-idUSH5E8E500Z20120514
Tuesday, May 15, 2012 (Reuters) - Japan's top oil refiner, JX Nippon Oil & Energy Corp, may cut its crude refining capaci » http://www.reuters.com/article/2012/05/14/us-energy-summit-jx-idUSBRE84D0R120120514
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