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News & Press

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

Industry News
Wednesday, March 21, 2012 Contract prices for coal burned in power stations may drop 37 per cent by 2017 because of a rise in » http://www.smh.com.au/business/coal-prices-set-to-retreat-as-supply-surges-20120321-1vjiz.html
Wednesday, March 21, 2012 The shipping industry is offering fewer targets for investors betting on declining share prices aft » http://www.bloomberg.com/news/2012-03-20/shipping-targets-for-bears-dwindling-after-99-billion-plunge.html
Wednesday, March 21, 2012 Commodity prices fell broadly Tuesday as more evidence of China’s slowing economy renewed concerns » http://www.washingtonpost.com/business/markets/commodities-fall-as-evidence-of-chinas-slower-economy-raises-concerns-about...
Wednesday, March 21, 2012 SANTIAGO, Chile—Chile's economy grew at a robust pace last year, picking up speed in the fourth qua » http://online.wsj.com/article/SB10001424052702304636404577291631692392586.html
Wednesday, March 21, 2012 International Monetary Fund (IMF) Managing Director Christine Lagarde on Tuesday said India was poi » http://www.business-standard.com/india/news/imf-pegs-indias-gdp-growth-for-2012-13-at-7/468484/
Wednesday, March 21, 2012 SYDNEY (MarketWatch) -- Australia's mineral and energy exports will rise at a slower pace over the » http://www.marketwatch.com/story/australian-resource-exports-gdp-growth-to-slow-2012-03-21
Wednesday, March 21, 2012 (Reuters) - Billionaire investor Carl Icahn, who wants to buy CVR Energy Inc and then sell it, said » http://uk.reuters.com/article/2012/03/19/icahn-cvrenergy-idUKL3E8EJAP620120319
Wednesday, March 21, 2012 The front-month crude oil contract price rose 0.9% Mar. 19 in the New York market amid concerns ove » http://www.ogj.com/articles/2012/03/market-watch-crude-oil-gas-prices-rise-in-mixed-market.html
Tuesday, March 20, 2012 PERTH, March 20 (Reuters) - Australian iron ore miners, key beneficiaries of China's modern-day ind » http://www.reuters.com/article/2012/03/20/bhp-ironore-idUSL3E8EK1KD20120320
Monday, March 19, 2012 Synthetic for month-ahead delivery sold for a discount of as little as $2 a barrel early this month » http://www.reuters.com/article/2012/03/16/markets-cancrude-idUSL2E8EGBMQ20120316
Monday, March 19, 2012 WASHINGTON, March 19, 2012 /PRNewswire via COMTEX/ -- Recent economic data are pointing to a gradua » http://www.marketwatch.com/story/economic-growth-continues-employment-and-income-growth-lead-the-way-2012-03-19
Monday, March 19, 2012 March 19 (Bloomberg) -- South African spending growth accelerated the most in more than a year in t » http://www.moneyweb.co.za/mw/view/mw/en/page295043?oid=564630&sn=2009+Detail
Monday, March 19, 2012 JEDDAH: The real GDP growth in Bahrain is expected to have come down to 1.5 percent in 2011, as per » http://arabnews.com/economy/article588131.ece
Monday, March 19, 2012 REUTERS - The economy is seen growing at around 7.6 percent in the next financial year, rebounding » http://in.reuters.com/article/2012/03/15/india-economy-survey-highlights-idINDEE82E09A20120315
Monday, March 19, 2012 Ernst & Young LLP said the euro- area economy will probably contract more this year than it previou » http://www.bloomberg.com/news/2012-03-14/ernst-young-reduces-euro-area-gdp-forecast-on-austerity.html
Monday, March 19, 2012 (Reuters) - The United Arab Emirates' economic growth is expected to slow to 2.3 percent this year » http://www.reuters.com/article/2012/03/14/imf-emirates-economy-idUSL5E8EE6CY20120314
Monday, March 19, 2012 HONG KONG (MarketWatch) -- China's economy will likely expand 8.3% in 2012 to stand out among the w » http://www.marketwatch.com/story/china-gdp-forecast-to-grow-83-in-2012-sp-2012-03-14
Monday, March 19, 2012 HONG KONG (MarketWatch) -- China's economy will likely expand 8.3% in 2012 to stand out among the w » http://www.marketwatch.com/story/china-gdp-forecast-to-grow-83-in-2012-sp-2012-03-14
Monday, March 19, 2012 The 1,700-mile long Keystone XL Pipeline would connect the Alberta oil sand fields in Canada to ref » http://stateimpact.npr.org/texas/tag/keystone-xl-pipeline/
Monday, March 19, 2012 ...the Keystone XL pipeline. If completed, it will bring millions of barrels of Canadian crude to r » http://stateimpact.npr.org/texas/2012/03/13/tar-sands-to-texas-will-heavy-crude-mean-more-pollution/
Monday, March 19, 2012 HONG KONG (Dow Jones)--China Petroleum & Chemical Corp. (0386.HK), better known as Sinopec, plans t » http://online.wsj.com/article/BT-CO-20120315-704566.html
Monday, March 19, 2012 SAO PAULO, March 14 (Reuters) - Brazil's state-run oil company Petrobras will have to make up for a » http://www.reuters.com/article/2012/03/14/petrobras-fuels-idUSL2E8EE15D20120314
Monday, March 19, 2012 HOUSTON (Reuters) - BP Plc's 253,000-barrels-per-day Los Angeles-area refinery in Carson, Californi » http://www.chicagotribune.com/news/sns-rt-us-refinery-operations-bp-carsonbre82h08r-20120318,0,1080638.story
Monday, March 19, 2012 Asia-Pacific crude could come under pressure this week on poor refining margins while Japan could s » http://af.reuters.com/article/energyOilNews/idAFL3E8EJ97320120319
Monday, March 19, 2012 No one was injured when a fire broke out in a processing unit furnace at Delaware City Refinery on » http://www.delawareonline.com/article/20120317/news/203170354/refinery-fire-spews-smoke-around-delaware-city?odyssey=tab%7...
Monday, March 19, 2012 Oil giant BP will begin pulling out of Southern California next month as it steps up efforts to sel » http://www.latimes.com/business/la-fi-arco-20120317,0,5945101.story
Monday, March 19, 2012 (Reuters) - Saudi Arabia is preparing to extend this year's unexpected jump in oil sales to the Uni » http://www.reuters.com/article/2012/03/16/us-saudi-exports-idUSBRE82F0W420120316
Monday, March 19, 2012 Chevron Corp. has launched a major effort to upgrade its crude oil processing unit at its Salt Lake » http://www.sltrib.com/sltrib/money/53733047-79/refinery-chevron-utah-lake.html.csp
Monday, March 19, 2012 OAO Gazprom Neft (GZPFY) halted a crude distillation unit at its Omsk (SIOMCRUD) oil refinery for p » http://www.bloomberg.com/news/2012-03-16/gazprom-neft-halts-crude-unit-at-russia-s-largest-refinery.html
Monday, March 19, 2012 NEW DELHI: India's oil refining capacity is likely to rise by 15 per cent to 214 million tonnes a y » http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/economic-survey-2011-12-indias-oil-refining-capac...
Monday, March 19, 2012 PASCAGOULA, Miss. (WALA) - A spokesperson for the Chevron Pascagoula Refinery in Bayou Casotte said » http://www.fox10tv.com/dpp/news/mississippi/chevron-pascagoula-refinery-experiences-spill
Monday, March 19, 2012 HOUSTON, March 14, 2012 /PRNewswire via COMTEX/ -- LyondellBasell LYB -0.63% today received the Re » http://www.marketwatch.com/story/lyondellbasell-named-refining-energy-company-of-the-year-2012-03-14
Monday, March 19, 2012 MOSCOW, March 14 (Reuters) - Below are Russian oil refinery maintenance schedules through April, ac » http://www.reuters.com/article/2012/03/14/russia-refining-idUSL5E8EE0JJ20120314
Monday, March 19, 2012 California-blend gasoline in San Francisco fell after Tesoro Corp. (TSO)’s chief executive officer » http://www.businessweek.com/news/2012-03-13/san-francisco-gasoline-premium-slips-as-refinery-work-nears-end
Monday, March 19, 2012 SAN DIEGO, Calif., March 13 (Reuters) - Increasing U.S. onshore shale oil output likely will displa » http://www.reuters.com/article/2012/03/13/valero-shale-idUSL2E8EDBZV20120313
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