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News & Press

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

Industry News
Monday, February 20, 2012 Spain’s debt load is set to double from where it was when Europe’s sovereign debt crisis began, ero » http://www.bloomberg.com/news/2012-02-20/spain-descends-deeper-into-periphery-as-debt-burden-explodes-euro-credit.html
Monday, February 20, 2012 Japan posted a record trade deficit in January as the yen’s strength and weaker global demand erode » http://www.businessweek.com/news/2012-02-20/japan-trade-deficit-widens-to-record-as-exports-slump-economy.html
Monday, February 20, 2012 Exxon Mobil Corp's 344,500 barrel per day (bpd) Beaumont, Texas, refinery returned a coking unit to » http://www.reuters.com/article/2012/02/20/refinery-operations-exxon-beaumont-idUSL2E8DK03N20120220
Monday, February 20, 2012 "The government should scrap import duty on coal, pet coke, gypsum and other fuels. The cement indu » http://www.business-standard.com/budget2012runup/news/cement-makers-want-budget-to-bring-anomaly-to-end/158437/&tp=on
Sunday, February 19, 2012 The total value of the Kuwait National Petroleum Company (KNPC) projects are expected to hit USD 40 » http://www.gulfoilandgas.com/webpro1/MAIN/Mainnews.asp?id=18745
Sunday, February 19, 2012 A barge collision and oil spill on Friday temporarily closed the Mississippi River near New Orleans » http://www.reuters.com/article/2012/02/17/transport-shipping-mississippi-river-idUSL2E8DH5CS20120217
Sunday, February 19, 2012 Potential acquirers could scoop up CVR Energy Inc. at the cheapest takeover valuation on record for » http://www.businessweek.com/news/2012-02-17/icahn-pushing-cvr-sale-means-1-billion-for-investors-real-m-a.html
Sunday, February 19, 2012 Flames shot several stories into the air and heavy black smoke was visible for miles when a tower c » http://www.thenewstribune.com/2012/02/17/2030721/fire-at-bp-cherry-point-refinery.html#storylink=cpy
Sunday, February 19, 2012 Greece may cut its debt to less than 125 percent of the country’s gross domestic product by 2020 as » http://www.bloomberg.com/news/2012-02-18/greece-may-cut-debt-to-less-than-125-of-gdp-by-2020-welt-says.html
Sunday, February 19, 2012 China has set a lower gross domestic product (GDP) growth target for 2012 than previous years' 8 pe » http://in.reuters.com/article/2012/02/19/china-ireland-xi-idINDEE81I05T20120219
Sunday, February 19, 2012 China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lendi » http://www.reuters.com/article/2012/02/19/us-china-banks-profits-idUSTRE81I03020120219
Sunday, February 19, 2012 Eurozone's fourth quarter GDP contraction raises fears that the economy is heading for a recession » http://www.nasdaq.com/article/eurozone-may-be-sliding-into-recession-capital-economics-20120217-00518
Sunday, February 19, 2012 California-blend gasoline in Los Angeles tumbled by the most in three months after Valero Energy Co » http://www.bloomberg.com/news/2012-02-17/los-angeles-gasoline-tumbles-after-valero-starts-refinery-units.html
Thursday, February 16, 2012 Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said Thursday t » http://www.marketwatch.com/story/brazil-petrobras-comperj-refinery-opening-delayed-2012-02-16
Thursday, February 16, 2012 Futures gained after Exxon Mobil Corp.’s Beaumont, Texas, refinery took a fluid catalytic cracker o » http://www.businessweek.com/news/2012-02-16/gasoline-gains-after-refinery-outages-threaten-summer-supply.html
Thursday, February 16, 2012 Mexico's economy grew at its weakest pace in 2-1/2 years in the fourth quarter of 2011 as the servi » http://www.reuters.com/article/2012/02/16/mexico-economy-idUSL4E8DG45020120216
Thursday, February 16, 2012 The government stuck to its assessment that Japan's economy is slowly picking up on Thursday and ra » http://www.reuters.com/article/2012/02/16/japan-economy-report-idUST9E8D300N20120216
Thursday, February 16, 2012 The European Central Bank said professional forecasters expect the euro-area economy to contract th » http://www.businessweek.com/news/2012-02-16/ecb-says-forecasters-see-euro-economy-contracting-this-year.html
Thursday, February 16, 2012 Spain drew solid demand for its debt on Thursday, easily shifting what it wanted to sell at a bond » http://www.reuters.com/article/2012/02/16/us-economy-spain-idUSTRE81F0Y220120216
Thursday, February 16, 2012 Confidence in the global economy improved in the first quarter, driven by expectations that it woul » http://www.businessweek.com/news/2012-02-16/global-economic-confidence-improved-in-first-quarter-ifo-says.html
Thursday, February 16, 2012 Americans filed the fewest claims for jobless benefits since 2008, surprising forecasters and signa » http://www.bloomberg.com/news/2012-02-16/jobless-claims-in-u-s-fall-to-four-year-low-correct-.html
Thursday, February 16, 2012 Brazil’s economy grew at its second- slowest pace since 2003 last year, after the central bank rais » http://www.businessweek.com/news/2012-02-16/brazil-economy-grew-at-2nd-slowest-pace-since-2003-last-year.html
Thursday, February 16, 2012 State-owned oil giant Pemex took the first step toward building a new refinery... » http://af.reuters.com/article/energyOilNews/idAFL2E8DFHQN20120215?sp=true
Thursday, February 16, 2012 A deal on a $7 billion pipeline project to carry Azeribaijani gas to Europe via Turkey might be fin » http://www.hurriyetdailynews.com/azerbaijan-gaining-power-in-turkeys-energy-market.aspx?pageID=238&nID=13712&NewsCatID=348
Thursday, February 16, 2012 Reliance Industries Ltd. will expand petrochemicals production at its Jamnagar refinery in India to » http://www.businessweek.com/news/2012-02-14/reliance-will-expand-jamnagar-refinery-petrochemicals-output.html
Thursday, February 16, 2012 Although signs are growing that Roger City’s proposed coal-fired power plant will be cancelled, two » http://www.midwestenergynews.com/2012/02/15/as-michigan-coal-plant-plan-teeters-groups-mount-legal-attack/
Thursday, February 16, 2012 BP Plc's 225,000 barrel-per-day (bpd) Ferndale, Washington, refinery finished a... » http://www.reuters.com/article/2012/02/13/refinery-operations-bp-ferndale-idUSH5E8D900420120213
Thursday, February 16, 2012 Norsk Hydro ASA, Europe’s third- largest aluminum producer, reported a loss in... » http://www.businessweek.com/news/2012-02-16/norsk-hydro-posts-loss-after-lower-aluminum-prices-production.html
Thursday, February 16, 2012 Alcoa (and the rest of the world) have been waiting for the Chinese to curtail aluminum smelter cap » http://agmetalminer.com/2012/02/16/china-still-adding-aluminum-smelter-capacity-in-spite-of-cost-pressures/
Wednesday, February 15, 2012 Dubai: The Dubai economy will grow 4.5 per cent this year, up from an estimated 3 per cent last yea » http://gulfnews.com/business/economy/dubai-s-gdp-to-grow-4-5-per-cent-this-year-1.981053
Wednesday, February 15, 2012 Italy's economy contracted a steeper than expected 0.7 per cent in the fourth quarter of last year, » http://economictimes.indiatimes.com/news/international-business/italy-in-recession-as-q4-gdp-plunges-by-0-7-more-than-expe...
Wednesday, February 15, 2012 Germany and France performed better than economists forecast in the fourth quarter even as the sove » http://www.bloomberg.com/news/2012-02-15/german-economy-shrank-in-q4-on-trade.html
Wednesday, February 15, 2012 Entering the fifth year of recession, Greece is writing its name in the book of unwanted records fo » http://www.reuters.com/article/2012/02/15/us-economy-greece-comparisons-idUSTRE81E09W20120215
Wednesday, February 15, 2012 Europe’s economy shrank less than economists forecast in the fourth quarter as a better-than- predi » http://www.bloomberg.com/news/2012-02-15/euro-economy-shrinks-less-than-forecast-with-first-contraction-since-2009.html
Wednesday, February 15, 2012 The eurozone economy shrank in the fourth quarter of 2011, but pockets of strength from France and » http://money.cnn.com/2012/02/15/markets/eurozone_gdp/index.htm
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