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News & Press

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

Industry News
Thursday, June 16, 2011 Brent crude will stay “well above” $100 a barrel in the second half of this year on China’s oil dem » http://www.bloomberg.com/news/2011-06-16/china-demand-to-keep-brent-oil-price-well-above-100-a-barrel-mirae-says.html
Thursday, June 16, 2011 Rising output from shale formations may reduce U.S. imports of low-sulfur crude oil by 500,000 barr » http://www.bloomberg.com/news/2011-06-15/u-s-shale-oil-production-to-curb-imports-purvin-gertz-says.html
Thursday, June 16, 2011 Emirates Aluminium, or EMAL, is close to approving plans to expand its large-scale aluminum smelter » http://www.zawya.com/story.cfm/sidZW20110614000043/Emal_Readies_For_45B_Expansion_Sees_Demand_Growth
Wednesday, June 15, 2011 China's major oil refineries may cut processing volumes in June from a month earlier as more plants » http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/06/14/bloomberg1376-LMT9BY1A1I4J01-0S9VPK9O40UD1DLL0M1TVLCOHC.DTL#ix...
Wednesday, June 15, 2011 China steel production rose to the highest on record last month, boosted by construction demand. » http://www.bloomberg.com/news/2011-06-14/china-s-steel-output-rose-to-record-in-may-on-property-construction-demand.html
Wednesday, June 15, 2011 China's steel mills defied credit tightening, razor-thin margins and a possible power supply crunch » http://www.reuters.com/article/2011/06/14/china-steel-output-idUSL3E7HE08220110614
Wednesday, June 15, 2011 LyondellBasell (LYB.N) is looking for new oil supplies for its Houston refinery as prime supplier V » http://www.reuters.com/article/2011/06/13/us-climate-summit-lyondellbasell-idUSTRE75C5V620110613
Wednesday, June 15, 2011 Gulf Coast gasoline strengthened after BP Plc (BP) shut a fluid catalytic cracker at its Texas City » http://www.bloomberg.com/news/2011-06-14/gulf-gasoline-gains-after-bp-shuts-texas-city-oil-refinery-unit.html
Wednesday, June 15, 2011 Kinder Morgan Energy Partners LP , a pipeline transportation and energy storage company, said it pa » http://www.reuters.com/article/2011/06/13/kindermorganenergypartners-idUSL3E7HD1XZ20110613
Wednesday, June 15, 2011 Goldman Sachs International, an American Investment banking and securities firm, yesterday predicte » http://www.thenationonlineng.net/2011/index.php/business/9224-goldman-sachs-predicts-3%25-rise-in-nigeria%E2%80%99s-gdp.html
Wednesday, June 15, 2011 The Swiss government lowered its forecast for 2012 economic growth and said a further appreciation » http://www.bloomberg.com/news/2011-06-14/switzerland-lowers-2012-growth-forecast-calling-franc-threat-to-outlook.html
Wednesday, June 15, 2011 Armenia’s GDP is expected to grow by 4.6% in 2011 and drop to 4.3% in 2012 and to 4.2% in 2013, the » http://www.arka.am/eng/economy/2011/06/14/26382.html
Wednesday, June 15, 2011 The International Monetary Fund expects Russia's gross domestic product to expand by less than 4 pe » http://en.rian.ru/business/20110614/164608954.html
Wednesday, June 15, 2011 The recovery of the French economy is progressing, and growth in 2011 is likely to exceed earlier e » http://www.imf.org/external/np/ms/2011/061411a.htm
Wednesday, June 15, 2011 Colombia’s Congress approved legislation to allow the Andean nation to capitalize on its oil and mi » http://www.bloomberg.com/news/2011-06-15/colombia-congress-passes-fiscal-rule-to-cushion-economy-reduce-debt.html
Wednesday, June 15, 2011 Foreign investment in China slowed in May as the government’s efforts to cool the overheated econom » http://www.washingtonpost.com/business/foreign-investment-in-china-slows-in-may-as-government-cools-economy/2011/06/14/AGp...
Wednesday, June 15, 2011 Chilean policy makers yesterday slowed the pace of interest-rate increases as growth in South Ameri » http://www.bloomberg.com/news/2011-06-14/chile-raises-key-interest-rate-to-5-25-slowing-pace-on-economy-prices.html
Wednesday, June 15, 2011 Russia's economy is recovering, but remains well below the level it was at before the global financ » http://www.seattlepi.com/news/article/Putin-says-Russia-s-economy-two-thirds-recovered-1423157.php#ixzz1PM0g51wW
Wednesday, June 15, 2011 Royal Dutch Shell PLC (RDSA, RDSA.LN) reported flaring at a coker unit on June 12 at its oil refine » http://www.foxbusiness.com/markets/2011/06/14/refinery-status-bp-shuts-texas-city-fccu-1-fccu-3-at-planned-rates/#ixzz1PLz...
Wednesday, June 15, 2011 South Korea's liquefied natural gas (LNG) and coal imports posted double-digit growth in May from y » http://www.reuters.com/article/2011/06/15/lng-korea-idUSL3E7HF01R20110615
Wednesday, June 15, 2011 Hopes of revival in cement prices ahead of monsoon were washed out with top dealers reporting a dec » http://www.thehindubusinessline.com/companies/article2104429.ece?homepage=true
Wednesday, June 15, 2011 The glut of crude trapped in the middle of the United States is set to ease by just a little bit in » http://www.reuters.com/article/2011/06/14/us-midwest-cushing-barges-idUSTRE75D6FP20110614
Wednesday, June 15, 2011 Eskom Holdings Ltd., which supplies about 95 percent of South Africa’s electricity, said it interru » http://www.bloomberg.com/news/2011-05-30/eskom-interrupted-bhp-billiton-aluminum-smelter-power-this-month.html
Wednesday, June 15, 2011 Emirates Aluminium Company, or lEmal, is close to approving plans to expand its large-scale aluminu » http://www.zawya.com/story.cfm/sidZW20110614000043/UAEs_Emal_Readies_For_45B_Expansion_Sees_Demand_Growth
Wednesday, June 15, 2011 Dubai Aluminium Co., the developer of the world’s largest smelter of the metal, is seeking to mine » http://www.bloomberg.com/news/2011-06-14/dubal-to-mine-guinea-bauxite-with-bhp-studies-cameroon-india-projects.html
Wednesday, June 15, 2011 Norwegian aluminum producer Norsk Hydro yesterday said its joint-venture aluminum plant Qatalum won » http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=441006&version=1&template_id=48&parent_id=28
Wednesday, June 15, 2011 (Reuters) - The glut of crude trapped in the middle of the United States is set to ease by just a l » http://www.reuters.com/article/2011/06/14/us-midwest-cushing-barges-idUSTRE75D6FP20110614
Wednesday, June 15, 2011 SYDNEY, June 15 (Reuters) - Australia's Macarthur Coal has accepted a big price cut on its pulveris » http://af.reuters.com/article/energyOilNews/idAFL3E7HE3OI20110614
Wednesday, June 15, 2011 Reportedly, Chinese aluminum prices may keep flat due to high production and weaker demand in the c » http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=49924&division=A5
Wednesday, June 15, 2011 Shanghai. June 14. INTERFAX-CHINA - China's coal production capacity will grow in the second half ( » http://www.interfax.com/newsinf.asp?pg=5&id=251340
Monday, June 13, 2011 Tesoro Corp's (TSO.N: Quote) 97,000 barrel per day (bpd) Los Angeles-area refinery in Wilmington, C » http://af.reuters.com/article/energyOilNews/idAFWEN423420110612
Monday, June 13, 2011 State-run Hindustan Petroleum Corporation (HPCL) will soon begin seeking petroleum products from Re » http://www.business-standard.com/india/news/hpcl-mumbai-refinery-to-shut-halfcapacity-for-two-month-revamp/438869/
Monday, June 13, 2011 Abu Dhabi: Strategic location, lower risk and relatively less congestion are factors that have led » http://gulfnews.com/business/oil-gas/new-pipeline-and-refinery-projects-strengthen-bunker-port-appeal-1.820230
Monday, June 13, 2011 Chinese Vice President Xi Jinping toured a joint oil exploration project in Cuba near the end of a » http://www.alaskajournal.com/stories/061011/oil_catico.shtml
Monday, June 13, 2011 KBR announced that its subsidiary Roberts & Schaefer (R&S) has been selected to construct a petrole » http://www.hydrocarbonprocessing.com/Article/2830203/Motiva-picks-KBR-to-build-coker-for-refinery-expansion-in-Port-Arthur...
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