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Industry News
Monday, November 23, 2015 (0 Comments - view/add) DRY BULK ATLANTIC: SUPRAMAX FREIGHT RATES IN DOLDRUMS ON OVERSUPPLY, UNCERTAIN DEMAND » Supramax shipowners are bracing for a tough finale to a disappointing year as limping grain and petcoke trade in the Atlan...
Monday, November 23, 2015 Ex-HOVENSA suitor suing ArcLight Capital » ST. CROIX - A former potential buyer of the HOVENSA refinery has filed a lawsuit alleging that current potential buyer Arc...
Monday, November 23, 2015 Century Aluminum lobbies for action against China, but help may be too late » Century Aluminum, owner of the Mount Holly smelter in Goose Creek, has joined other U.S. aluminum producers and industry a...
Monday, November 23, 2015 Global forces hurting chances for Intalco restart » As Alcoa’s Intalco Works near Ferndale moves closer to idling its aluminum smelting operations, global market forces conti...
Monday, November 23, 2015 UPDATE 1-Oil providers ask Venezuela's PDVSA for cargo prepayments -sources » Nov 19 Big oil suppliers have started requiring prepayment when selling cargoes of crude and refined products to Venezuela...
Thursday, November 19, 2015 World Bank sees depressed oil, commodity prices in 2016 » WASHINGTON: The World Bank said Tuesday it expects global commodity prices, important for emerging economies, to remain we...
Thursday, November 19, 2015 UPDATE 4-Pemex receives U.S. oil swap license, but for less than planned » State oil firm Pemex said on Wednesday it had received a license from the United States to import U.S. light crude in exch...
Wednesday, November 18, 2015 Venezuela’s PDVSA bought a Nigerian crude cargo for Dec –traders » Venezuela’s state-run oil firm PDVSA awarded to London-based trading firm Helsinge Inc a tender to buy a 1 million-barrel...
Wednesday, November 18, 2015 Petcoke Protesters Blocked Access To South Side Terminal » Activists temporarily blocked access to the KCBX terminal on Chicago’s Southeast Side Monday morning calling for the shutd...
Monday, November 16, 2015 China's Smokestack Industries Seek Support » China is facing a conflict between economic and environmental policies as lower energy prices spur demands for more indust...
Monday, November 16, 2015 Seven People Blockade Koch Carbon Petcoke Transfer Terminal in Chicago; Call for Green Jobs Instead » November 16, 2015. A group comprised of seven community members and concerned citizens are blockading two entrances to the...
Monday, November 16, 2015 Analysts upbeat on RIL outlook » Reliance Industries (RIL), which surprised the Street with a $4.3 a barrel premium on gross refining margin (GRM) in the S...
Monday, November 16, 2015 Will Increased Refinery Inputs Boost Crude Prices in November? » In its Weekly Petroleum Status report released on November 12, the EIA (US Energy Information Administration) reported tha...
Monday, November 16, 2015 Romanian Rompetrol Rafinare moves into the black on positive refining margins » Oil company Rompetrol Rafinare, which is part of KMG International, registered a consolidated net profit of USD 14.8 milli...
Monday, November 16, 2015 Marathon Petroleum's Outlook Is Bright, With Or Without MarkWest Energy » Marathon Petroleum released its third quarter results around two weeks ago that exhibit continued strength in the refining...
Monday, November 16, 2015 Tired of turnarounds? » As the end of October saw upstream operators release disappointing Q3 results, with Shell in particular announcing record...
Monday, November 16, 2015 Ma'aden aspiring to be world's largest integrated aluminum industry in 5 years » DAMMAM — Eastern Province Emir Prince Saud Bin Naif inaugurated the Arab International Aluminum Conference (ARABAL) at Dha...
Monday, November 16, 2015 Campaigners urge air pollution bylaw » Residents of Changhua and Yunlin counties yesterday gathered in front of the Presidential Office Buiilding to petition the...
Monday, November 16, 2015 Venezuela Oil Price Tumbles to Within Dollar of 2015 Low » Venezuela's weekly oil basket tumbled further below $40 as oil prices around the world declined rapidly after the Internat...
Monday, November 16, 2015 Cost-saving threatens smelter jobs » New Zealand's Aluminium Smelter (NZAS) has confirmed some jobs could be lost as part of a staffing review at the Tiwai sme...
Friday, November 13, 2015 Japanese Refiners Agree to Merge as Fuel Consumption Shrinks » Idemitsu Kosan Co. signed a non-binding agreement to merge with Showa Shell Sekiyu K.K., almost four months after buying a...
Friday, November 13, 2015 Ruwais Refinery expansion project commissioned with 100% production capacity » Abu Dhabi: Abu Dhabi Oil Refining Company (Takreer) has announced the commissioning of Ruwais Refinery Expansion Project w...
Friday, November 13, 2015 (0 Comments - view/add) Moody's: Flat refining & marketing growth, but margin strain will rise » New York, November 10, 2015 -- Growth in the North American and EMEA independent refining and marketing (R&M) sector w...
Friday, November 13, 2015 Oil Prices Slide as Crude Inventory Rises More Than Expected » Both benchmarks at lowest level since August this week on concerns about growing supplies. http://www.wsj.com/ar...
Friday, November 13, 2015 ALCOA TO SCRAP OLD SHIP FOR DOMESTIC SUPPLY CHAIN » Australia dwindling commercial fleet has lost another locally flagged ship, with Alcoa ditching the MV Portland to the cha...
Friday, November 13, 2015 Motiva Port Arthur refinery shuts coking unit: sources » Motiva Enterprises [MOTIV.UL] shut a 110,000 barrel per day (bpd) delayed coking unit at the company's 603,000 bpd Port Ar...
Thursday, November 12, 2015 Aluminum Prices Bounce Back in November » Base metal prices have traded weakly for the most part in 2015. Concerns over the Chinese economy and perennial oversupply...
Thursday, November 12, 2015 Japan fired up about new coal technologies » TOKYO • For all the talk of a solar boom in Japan, coal still has a future there, and potentially a big one at that....
Thursday, November 12, 2015 UPDATE 1-China power output falls for second month in Oct - stats bureau » Nov 11 (Reuters) - China's power output fell for a second month in a row in October, slipping 3.2 percent on a year ago to...
Thursday, November 12, 2015 Glut of Coal-Fired Plants Casts Doubts on China’s Energy Priorities » DONGXIANPO, China — Just outside the southwest border of Beijing, a new coal-fired power and heating plant is rising in Do...
Thursday, November 12, 2015 Future of coal in the UK looks increasingly bleak, say industry leaders » Speculation is mounting that the Government will announce plans to close all of the country’s coal-fired power stations by...
Thursday, November 12, 2015 As coal use falls, China still issues permits for coal-fired power plants » Beijing’s environmental protection bureau warned of poor air quality that could continue in the coming days. ...
Thursday, November 12, 2015 U.S. And Japan Agree To Cut Financial Support For Coal Exports » It is a dark times for coal producers around the world. And the bad news keeps on coming. http://oilprice.com/En...
Thursday, November 12, 2015 Koch Industries unit buys rights to Colombia petroleum coke output » Komsa, a subsidiary of U.S.-based conglomerate Koch Industries, has purchased majority rights to the petroleum coke that w...
Thursday, November 12, 2015 UPDATE 3-Petrobras cancels oil strike talks, union vows escalation » Brazil's state-controlled oil producer Petroleo Brasileiro SA canceled talks with union leaders that were planned for Tues...
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