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News & Press

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

Industry News
Thursday, October 29, 2015 Statoil's Lack of Exposure to Refining Hurts Bottom Line » The Norwegian state-owned company battles low oil prices as production increases do little to halt slide in top and bottom...
Thursday, October 29, 2015 Sinopec Profit Drops as Crude Slump Beats Out Refining Gains » China Petroleum & Chemical Corp.’s third-quarter profit plummeted 92 percent as lower oil prices and production dwarfe...
Thursday, October 29, 2015 Marathon, CVR post rising refining profits » Refiners like Marathon Petroleum Corp. and Sugar Land-based CVR Energy posted big net income gains for the third quarter T...
Thursday, October 29, 2015 Haley: SC has done all it can to keep aluminum plant running » Gov. Nikki Haley says South Carolina has done all it can to keep a Lowcountry aluminum plant with 600 jobs operating as a...
Thursday, October 29, 2015 Chinalco's Liancheng aluminium smelter delays shutdown - sources » Liancheng aluminium smelter, a unit of Aluminum Corp of China (Chinalco), has delayed a planned shutdown of its metal prod...
Thursday, October 29, 2015 Latest NOx-Reduction Technology successfully applied by HORN at a Petcoke furnace at Owens Illinois, » The Nitrogen oxide (NOx) production in thermal processes is one of the biggest problems at glass melting tanks. &nbs...
Monday, October 26, 2015 Vapor cloud from Exxon refinery in California triggers alarm » The unexplained release of a large vapor cloud on Friday from an Exxon Mobil Corp refinery near Los Angeles prompted autho...
Monday, October 26, 2015 US probes corruption at PdVSA’s Citgo refineries » Three US oil refineries owned by PdVSA’s Citgo subsidiary have a combined capacity to process 749,000 bpd. The company’s l...
Monday, October 26, 2015 Twenty-three US States Sue Environmental Agency Over Coal Plan » Twenty-three states on Friday petitioned a USA appeals court to block the White House’splan to slash power plant carbon di...
Monday, October 26, 2015 Seminole G&T Challenges Clean Power Plan in Federal Court » It took only minutes for opponents to the Obama administration’s Clean Power Plan to reduce carbon dioxide emissions from...
Monday, October 26, 2015 CCGTs now key source of natural gas demand support in Britain » Increasing profitability of natural gas fired power plants in Britain has seen the units become a key source of support fo...
Monday, October 26, 2015 Outages will define US refiners Q3 earnings » Houston, 26 October (Argus) — Unplanned outages helped determine US refiner fortunes in a volatile third quarter that the...
Monday, October 26, 2015 Phillips 66 Reports Maintenance Work at Borger Refinery » Phillips 66 said in a regulatory filing Sunday night it was beginning more maintenance work at its Borger, Texas refinery....
Monday, October 26, 2015 California Approves New Mobile Scrubbing Technology » The California Air Resource Board (CARB) has approved the use of an Advanced Environmental Group, LLC (AEG) exhaust gas sc...
Monday, October 26, 2015 Oil Market Showdown: Can Russia Outlast The Saudis? » November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces deter...
Monday, October 26, 2015 China stocks rise at market open after central bank cuts rates » SHANGHAI, Oct 26 (Reuters) - China major stock indexes opened up on Monday, after the central bank cut both interest rates...
Monday, October 26, 2015 Watts Bar nuclear reactor granted operating license; first new U.S. reactor in 19 years » Federal regulators have approved an operating license for TVA's Watts Bar Unit 2, allowing the first new American nuclear...
Monday, October 26, 2015 The End Of The European Refining Boom Or Just A Pause? » It’s been a painful year for energy investors with most oil-related stocks down significantly. One of the few except...
Thursday, October 22, 2015 (0 Comments - view/add) Inalum to issue US$400 million bond to build new power plant » Jakarta (ANTARA News) - State-owned aluminum smelter PT Inalum plans to issue bonds valued at US$400 million in 2017 to ra...
Thursday, October 22, 2015 (0 Comments - view/add) Chinalco plans shutdown of biggest aluminum smelter: report » HONG KONG, Oct 16 (Reuters) - Aluminum Corp of China (Chinalco), the country's top producer of the metal, plans to shut do...
Thursday, October 22, 2015 (0 Comments - view/add) Hydro CEO says no recovery in sight for aluminium price » OSLO Oct 21 (Reuters) - Norway's Norsk Hydro, one of the world's largest makers of aluminium, does not expect the price o...
Tuesday, October 20, 2015 The Push to Repeal the Crude Export Ban Shows Shale Companies Are Getting Desperate » Oil producers and their friends in Washington are lobbying hard to lift restrictions on the export of crude oil. Two weeks...
Tuesday, October 20, 2015 Fears for China’s economy overplayed, says HSBC » Volatility in China’s markets is inevitable as it implements reforms and its economy is unlikely to have a “hard landing,”...
Tuesday, October 20, 2015 Phillips 66 delays Sweeny startup after mechanical failure » A temporary mechanical failure caused Phillips 66 to delay the startup of its new natural gas liquids fractionator southwe...
Tuesday, October 13, 2015 Coke breeze causes concern on Detroit waterfront » DETROIT - There are huge piles of what is known as "Coke breeze" near the Detroit River and the people living nearby are c...
Tuesday, October 13, 2015 Saudi Aramco considers new Yanbu refining complex » ALKHOBAR: Saudi Aramco is considering building a $20 billion refining and petrochemical complex at Yanbu on the Red Sea co...
Tuesday, October 13, 2015 Refining margins: Bucking the historical norm » Refining margins typically improve when crude oil prices experience a structural decline, as refined product prices lag th...
Monday, October 12, 2015 Storage piles of coal-based byproduct prompt concerns » The storage of a coal-based byproduct along the Detroit River that city officials said was initially there without permiss...
Monday, October 12, 2015 Piles again rise along Detroit River — but not pet coke » Those black piles that have recently appeared along the Detroit River are not a reprise of the petroleum coke controversy...
Monday, October 12, 2015 Goa Carbon resumes operations at Paradeep Unit » Goa Carbon has resumed its operations at Paradeep unit with effect from October 11, 2015. The said unit located at Jagatsi...
Monday, October 12, 2015 Support for crude oil exports is eroding » Rep. Gene Green, D-Texas said the legislation needs stronger safeguards for refineries. http://www.expressnews....
Monday, October 12, 2015 Low oil prices reshaping the world economy » Cheap oil is becoming the norm for the world, radically changing the dynamics of the global economy. http://asia...
Monday, October 12, 2015 Oil Drillers Bet Choking Wells Will Keep Shale From Going Bust » The Canadian producer is among a growing number of companies that are restricting initial output -- a process known as cho...
Thursday, October 8, 2015 Thermal coal prices close to rock bottom: Citi analysts » Thermal coal prices are close to rock bottom as coal producers have squeezed almost all of the gains from increased produc...
Thursday, October 8, 2015 Five-year deadline for clean coal: International Energy Agency » The coal industry has less than five years to prove “clean-coal” technologies are commercially viable or face demand const...
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