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News & Press

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

Industry News
Monday, March 19, 2012 Southern Co's Mississippi utility will continue building a $2.8 billion coal-gasification power pla » http://www.reuters.com/article/2012/03/16/utilities-mississippi-kemper-idUSL2E8EGEOV20120316
Tuesday, March 13, 2012 Senior managers at the Ethiopian Petroleum Enterprise (EPE) are under negotiations with representat » http://addisfortune.com/Progress%20Gulf%20Negotiates%20with%20Enterprise%20to%20Import%20Coal.htm
Tuesday, March 13, 2012 Russian billionaire Viktor Vekselberg quit on Tuesday as chairman of UC RUSAL » http://af.reuters.com/article/commoditiesNews/idAFL5E8ED77120120313?sp=true
Tuesday, March 13, 2012 Negotiations on the price of the Bogoslovsk combined heat-and-power plant between its » http://www.cospp.com/news/2012/03/13/appraisal-of-bogoslovsk-power-plant-to-be-completed-in-march.html
Tuesday, March 13, 2012 Bosnia's sole aluminium smelter, Aluminij Mostar, expects to lose 10 million Bosnian marka ($6.7 mi » http://www.reuters.com/article/2012/03/13/bosnia-aluminij-forecast-idUSL5E8EDAVQ20120313
Tuesday, March 13, 2012 A California company that acquires old industrial locations has paid $1.5 million for the former Ka » http://www.spokesman.com/stories/2012/mar/13/old-kaiser-mead-smelter-property-sells-15-million/
Tuesday, March 6, 2012 (Reuters) - China Petroleum & Chemical Corp (Sinopec) , Asia's largest oil refiner, aims to double » http://www.reuters.com/article/2012/03/06/sinopec-luoyang-idUSL4E8E63N320120306
Tuesday, March 6, 2012 Senior managers at the Ethiopian Petroleum Enterprise (EPE) are under negotiations with representat » http://addisfortune.com/Progress%20Gulf%20Negotiates%20with%20Enterprise%20to%20Import%20Coal.htm
Tuesday, March 6, 2012 Europe’s economy contracted in the fourth quarter as investment declined by the most since 2009 and » http://www.bloomberg.com/news/2012-03-06/euro-region-economy-contracts-as-investment-exports-decline.html
Tuesday, March 6, 2012 SAO PAULO, March 6 (Reuters) - Brazil's economy grew just 2.7 percent in 2011 as soaring business c » http://www.reuters.com/article/2012/03/06/brazil-economy-idUSL2E8E611E20120306
Tuesday, March 6, 2012 U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, after a report sho » http://www.businessweek.com/news/2012-03-06/u-dot-s-dot-stock-index-futures-drop-as-european-economy-shrinks-verifone-falls
Tuesday, March 6, 2012 U.S. service companies expanded in February at the fastest pace in a year, helped by a rise in new » http://www.usatoday.com/money/economy/story/2012-03-05/factory-orders-january-ism-service-survey/53366152/1
Tuesday, March 6, 2012 China’s stocks fell, sending the benchmark index down the most in a month, on concern slowing growt » http://www.bloomberg.com/news/2012-03-06/china-s-stocks-decline-for-second-day-on-slowing-economic-growth-concern.html
Tuesday, March 6, 2012 (Reuters) - Main production units at Valero Energy Corp's 78,000 barrel-per-day (bpd) Los Angeles-a » http://www.reuters.com/article/2012/03/05/refinery-operations-valero-wilmington-idUSH5E8D901F20120305
Tuesday, March 6, 2012 (Reuters) - Citgo Petroleum will perform planned maintenance on units at its 167,000 barrel-per-day » http://www.reuters.com/article/2012/03/05/refinery-operations-citgo-idUSL2E8E56LS20120305
Tuesday, March 6, 2012 Syncrude Canada Ltd. may cut output by about 100,000 barrels a day at the oilsands upgrader near Fo » http://www.windsorstar.com/business/Shut+coker+Syncrude+output/6255930/story.html
Friday, March 2, 2012 For the first time in four months, growth slowed down at U.S. manufacturers in February, according » http://www.marketwatch.com/story/manufacturing-expansion-slows-in-february-2012-03-01?link=MW_latest_news
Friday, March 2, 2012 WORLD'S MOST ADMIRED COMPANIES Rank Company Overall score 1 Chevron 7.93 2 Exxon Mobil 7.87 3 Royal » http://money.cnn.com/magazines/fortune/most-admired/2012/industries/42.html
Friday, March 2, 2012 Gasoline prices have climbed every day for the last 36 days so it’s no wonder why consumers are wor » http://www.marketwatch.com/story/why-retail-gasoline-prices-are-nearing-a-record-2012-03-01?reflink=MW_news_stmp
Friday, March 2, 2012 RIFLE, Colorado — The Shell Oil Company has produced 1,700 barrels of oil from its experimental oil » http://www.postindependent.com/article/20120302/VALLEYNEWS/120309979/1083&ParentProfile=1074
Friday, March 2, 2012 Abuja — SHELL Petroleum Development Company yesterday said refinery business is a no-going area for » http://allafrica.com/stories/201203020450.html
Thursday, March 1, 2012 (Reuters) - BP Plc's idled 225,000 barrel per day (bpd) refinery at Cherry Point, Washington, will » http://uk.reuters.com/article/2012/03/01/refinery-operations-bp-cherrypoint-idUKL2E8E106L20120301
Thursday, March 1, 2012 US refiners Valero Energy Corp. (NYSE: VLO), Tesoro Corp. (NYSE: TSO), Marathon Petroleum Corp. (NY » http://247wallst.com/2012/02/29/oil-refiners-look-to-exports-growing-profit-vlo-tso-mpc-hfc-xom-bp-cvx/
Thursday, March 1, 2012 The Department of Energy recently reported that the United States now stands as a net exporter of r » http://www.investorplace.com/2012/03/us-becomes-net-oil-product-exporter/
Thursday, March 1, 2012 India’s economy grew at the slowest pace in more than two years last quarter as domestic demand wea » http://www.bloomberg.com/news/2012-02-29/india-s-gdp-grows-least-since-2009.html
Thursday, March 1, 2012 Singapore’s economy surpassed Hong Kong’s for a second year as the Southeast Asian nation gained fr » http://www.bloomberg.com/news/2012-02-29/singapore-gdp-tops-hong-kong-for-a-second-year.html
Thursday, March 1, 2012 (Reuters) - Indonesia plans to modify its GDP growth forecast to 6.5-6.7 percent in the proposed re » http://www.reuters.com/article/2012/03/01/indonesia-economy-budget-idUSL4E8E13KN20120301
Thursday, March 1, 2012 Japan’s economy probably contracted less than the government initially estimated in the fourth quar » http://www.bloomberg.com/news/2012-03-01/japan-may-increase-gdp-estimate-after-jump-in-capital-spending.html
Thursday, March 1, 2012 (Reuters) - Oil surged nearly 5 percent on Thursday to its highest level since crude's record run i » http://www.reuters.com/article/2012/03/01/us-markets-oil-idUSTRE81C0T620120301
Thursday, March 1, 2012 (Reuters) - Prospects for a sustained global economic recovery dimmed on Thursday as manufacturing » http://www.reuters.com/article/2012/03/01/global-economy-idUSL4E8E13I20120301
Thursday, March 1, 2012 (Reuters) - When Egypt's stock market index climbed this week to its highest level since last July, » http://uk.reuters.com/article/2012/02/29/uk-egypt-economy-idUKTRE81S13V20120229
Thursday, March 1, 2012 China’s manufacturing expanded at a faster pace in February and a gauge for India showed sustained » http://www.businessweek.com/news/2012-02-29/china-s-manufacturing-improves-for-third-straight-month
Thursday, March 1, 2012 Manufacturing probably accelerated for a fourth straight month in February after Americans picked u » http://www.bloomberg.com/news/2012-03-01/manufacturing-household-spending-in-u-s-probably-increased.html
Thursday, March 1, 2012 The Baltic Dry Index, a measure of costs to ship dry-bulk commodities, fell to the lowest monthly a » http://www.bloomberg.com/news/2012-02-29/baltic-index-reaches-lowest-monthly-average-since-1986-amid-glut.html
Thursday, March 1, 2012 Coking refinery margins during Q4 declined considerably with the narrowing of the light-heavy crude » http://www.marketwatch.com/story/us-refining-margins-decline-as-mid-continent-crude-oil-and-lightheavy-differentials-narro...
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