News & Press - Worley Consulting

News & Press

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

Industry News
Friday, November 6, 2015 China: From aluminum savior to scapegoat » LONDON: Western producers of aluminum have long extolled China as the shining light of the light metal's bright future.&nb...
Friday, November 6, 2015 Unlike Australia, China illustrates the true meaning of direct action on climate » China''s response to an ambitious new plan for direct action on climate demonstrates a high level of appreciation for its...
Friday, November 6, 2015 India Refocuses Coal Future » India, the world’s most coal-dependent nation, has over the last few months very publicly shifted its stance on coal power...
Friday, November 6, 2015 Century Aluminum announces lay off at its Sebree smelter » Century Aluminum has announced it will lay off nearly 30 percent of its workforce at its Sebree smelter by year's end.&nbs...
Friday, November 6, 2015 Crude Oil Prices Rose Due to the Supply Outage » NYMEX-traded WTI (West Texas Intermediate) crude oil futures contracts for December delivery rose by 3.8% and settled at $...
Friday, November 6, 2015 Moody's downgrades Yanzhou Coal's Ba2 ratings to Ba3; outlook stable » Yanzhou Coal is negatively affected by the weak thermal coal prices. https://www.moodys.com/research/Moodys-down...
Friday, November 6, 2015 Chicago's Southeast Siders March For Environmental Justice, Better Air Quality » Southeast Siders and environmentalists took to Chicago's streets Tuesday for a "Day of the Dead march" against industrial...
Friday, November 6, 2015 China burns much more coal than reported, complicating climate talks » BEIJING — China, the world’s leading emitter of greenhouse gases from coal, has been burning up to 17 per cent more coal a...
Friday, November 6, 2015 Canada’s Husky Energy Cuts 1,400 Jobs, Posts Loss » Canada’s Husky Energy Inc. on Friday reported a third-quarter loss of more than 4 billion Canadian dollars ($3 billion) as...
Tuesday, November 3, 2015 Petcoke continues to worry Southeast Side residents » Thirty-foot-tall piles of petcoke continue to tower over the banks of the Calumet River on Chicago's Southeast Side. ...
Tuesday, November 3, 2015 Alcoa to shutter smelters as it prepares to separate » Alcoa Inc. is closing three aluminum smelters and cutting production at an alumina refinery in the United States, moves th...
Tuesday, November 3, 2015 Can Alcoa’s Latest Production Cuts Restore Supply Balance? » On November 2, 2015, Alcoa (AA) announced that the company would curtail its aluminum smelting capacity by 503,000 metric...
Tuesday, November 3, 2015 PBF Energy acquires Chalmette Refinery » Parsippany-based PBF Energy announced Monday that its subsidiary has acquired Chalmette Refining LLC for $322 million.&nbs...
Tuesday, November 3, 2015 Petrobras import of US condensate help address refining shortage, but faces tax controversy in Brazi » But condensate arriving from the United States could be subject to Brazil’s CIDE levy because it has been partially proces...
Tuesday, November 3, 2015 SINOPEC, PETROCHINA CUT DOMESTIC OIL PRODUCT SALES, BOOST EXPORTS » China's state-owned oil giants Sinopec and PetroChina reported a modest 1.73 million mt or 0.7% increase in their domestic...
Tuesday, November 3, 2015 DATED BRENT AT NINE-WEEK LOW AMID WEAK REFINING MARGINS AND CHEAP URALS » Dated Brent has fallen to a nine-week low, with uncommitted November Brent and Forties cargoes weighing on values amid wea...
Tuesday, November 3, 2015 Rusal prepares testing site for RA-550 reduction cell » Global aluminium producer Rusal has completed preparation of a testing site for the RA-550 reduction cell. http:...
Tuesday, November 3, 2015 Risky Shale Oil-by-Rail Expands Despite Lack of Spill Response Preparedness » The worst onshore oil spill in United States history was the Kalamazoo River tar sands pipeline spill in 2010 with estimat...
Tuesday, November 3, 2015 Dangerous energy gamble: Pipelines vs. rail » Energy companies increasingly have turned to rail to ship crude oil during the fracking boom, but with train crashes becom...
Tuesday, November 3, 2015 White House says Obama to rule on Keystone pipeline before leaving office » The White House on Monday said it continues to expect that President Barack Obama will make a decision on whether to grant...
Tuesday, November 3, 2015 Venezuela Oil Price Tumbles Further Below $40 » CARACAS -- Venezuela's weekly oil basket price fell further back below $40 as oil prices around the world slipped and as t...
Tuesday, November 3, 2015 Venezuela To Receive Angolan Crude From Statoil At Curaçao Oil Terminal » WILLEMSTAD, CARACAS – Venezuela’s state-run oil firm PDVSA will receive next week a 935,000-barrel cargo of Angola’s Giras...
Monday, November 2, 2015 UPDATE 1-Century announces third aluminum smelter curtailment in 2 months » Century Aluminum Co, controlled by Glencore Plc, said it will curtail one of three potlines at its Sebree, Kentucky, alumi...
Monday, November 2, 2015 Who Would Pay For a Worst-Case Oil-by-Rail Disaster? Not the Rail Industry » The worst onshore oil spill in United States history was the Kalamazoo River tar sands pipeline spill in 2010 with estimat...
Monday, November 2, 2015 Alcoa To Curtail Smelting And Refining Capacity To Further Drive Upstream Competitiveness » Lightweight metals leader Alcoa (NYSE:AA) today announced that it is taking decisive action to curtail uncompetitive smelt...
Monday, November 2, 2015 Harsh realities finally push US champions of shale oil into retreat » Prolific output from US shale formations in recent years have thrown the world oil market off balance. htt...
Monday, November 2, 2015 U.S. oil price retreats ahead of inventory data » Moody's downgraded its price assumption in 2016 for Brent crude to $53 per barrel, down from $57, while WTI was cut to $48...
Monday, November 2, 2015 Big U.S. shale oil savings fast becoming a thing of the past » Huge cost savings are waning for U.S. shale oil companies, marking an end to the drastic price cuts on equipment and servi...
Monday, November 2, 2015 Big Oil ramps up output just as prices sink » After years of declining output, major oil companies have ramped up crude production this year, just as they are being bat...
Monday, November 2, 2015 Century to idle one potline at Sebree aluminium smelter in US » Century Aluminum Sebree is set to close one of three potlines at its aluminium smelter in Sebree, Kentucky, US, by the end...
Monday, November 2, 2015 PRB COAL PRODUCERS MUST CUT PRODUCTION TO BOOST PRICES: ANALYST » Powder River Basin coal producers competing with cheap wind generation and natural gas-fired power will need to reduce pro...
Monday, November 2, 2015 SE Side Residents Planning Protest March Against Pet Coke Piles » People on the Southeast Side say the winds have been kicking up nasty black dust coming from old pet coke piles....
Thursday, October 29, 2015 KSA, China sign oil technology accord Prince Turki announces the agreement in Riyadh. (AN photo) » Saudi Arabia and China have signed a technology agreement to share expertise that would add further value to the oil indus...
Thursday, October 29, 2015 Valero Energy profit up as refining margins widen » The company has earned $1,377 million, or $2.79 a share in the quarter, compared with $1,059 million, or $2 a share for th...
Thursday, October 29, 2015 Don't Expect Any Fireworks from ExxonMobil's Earnings » If earnings from the energy sector are any indication thus far, investors should keep their expectations for ExxonMobil's...
View "All News Items" »