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News & Press

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Industry News
Wednesday, November 26, 2014 Conoco says PDVSA using Citgo sale to hinder arbitration payment -filing » Nov 26 (Reuters) - Venezuela's state-run oil company PDVSA is using the sale of its Citgo Petroleum Corp refining assets t...
Wednesday, November 26, 2014 Pemex to process less oil in 2015 due to refinery maintenance » Refineries owned by Mexico’s state-run oil company Pemex will process 4 percent less crude oil in 2015 compared to this ye...
Wednesday, November 26, 2014 Another tough year for coal » COAL prices are expected to remain weak next year, with global oversupply resulting from increased production from Austral...
Wednesday, November 26, 2014 UPDATE 1-Australian resource projects fall off on weaker prices » The number of resource projects reaching financial commitment in Australia has fallen as sagging minerals and energy price...
Wednesday, November 26, 2014 Aluminum regains hope on the reopening of closed plants » Even with the 23 percent growth rate of zinc production in the Gulf region, the temporary shutdown and closures of aluminu...
Wednesday, November 26, 2014 Saudi Arabia Sights Set On US Shale At Crucial OPEC MeetingKingdom Strong Enough To Withstand Lower » OPEC’s biggest crude producer Saudi Arabia will have its sights set on the upstart US shale oil business at a crucial cart...
Wednesday, November 26, 2014 Retail electricity margins unsustainably high - broker » Electricity companies' margins on retail electricity tariffs are unsustainably high and will spur ongoing competition in t...
Wednesday, November 26, 2014 San Jose council member urges rejection of Central California refinery's crude-by-rail project » As the deadline arrived for comments to an environmental report on a Central California crude-by-rail project, a San Jose...
Tuesday, November 25, 2014 Michigan DEQ approves shingles, plastic for use at cement kilns » The Michigan Department of Environmental Quality (MDEQ) has given the approval for LaFarge North America, a cement produce...
Tuesday, November 25, 2014 Shippers, terminal operators accuse dockworkers union of ‘slowdown tactics’ at bargaining table » The group representing shipping lines and terminal operators has condemned the West Coast dockworkers’ union for taking “i...
Tuesday, November 25, 2014 Exclusive: Pemex to process less oil in 2015 due to refinery maintenance » Refineries owned by Mexico's state-run oil company Pemex will process 4 percent less crude oil in 2015 compared to this ye...
Tuesday, November 25, 2014 Supreme court to weigh challenge to Obama mercury air pollution rule » WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday agreed to weigh a challenge by industry groups and some states to...
Tuesday, November 25, 2014 Indonesian coal shipments rise despite new export rule -ministry » New Indonesian coal export ruleshad little impact in October, the first month they were in effect, as shipments from the w...
Tuesday, November 25, 2014 Exclusive: Venezuela sets date for Citgo bids despite ruling sale out » Bankers representing Venezuela have set a date for prospective buyers to submit revised offers for Citgo Petroleum Corp, a...
Tuesday, November 25, 2014 Hovensa threatens shutdown following vote delay » US Virgin Islands fuel terminal operator Hovensa will start shutting down its operations on 15 December if the territory's...
Monday, November 24, 2014 Power Plant Design Project in Venezuela » SEOUL, KOREA - Hyundai Engineering & Construction said on November 23 that it won a front-end engineering design (FEED...
Monday, November 24, 2014 Final carbon tax bill of $18m » TWO of Northern Tasmania's largest employers will be slapped with a final carbon tax bill of $18 million. http://www.exa...
Monday, November 24, 2014 EU energy costs turn up heat on aluminium sector » Aluminium workers at the Alunorf plant in the German city of Neuss aptly call one of their production lines “the grill”....
Monday, November 24, 2014 Russia's refinery runs in October up slightly 0.6 pct on month » Russian oil refinery runs in October rose slightly by 0.6 percent month on month or 35,763 barrels per day (bpd), data fro...
Monday, November 24, 2014 Ridley delays expansion of terminal in B.C. » A federally owned coal-shipping operation in northern British Columbia is placing its expansion on hold for up to five yea...
Monday, November 24, 2014 Venezuela ships first crude mixed with Algerian oil to China » Venezuela is sending its first shipment of crude mixed with Algerian light oil to China, according to state oil company PD...
Thursday, November 20, 2014 Emirates Global Aluminium receives top team from Aluminium Bahrain BSC » UAE - Abdulla Kalban (Managing Director & Chief Executive Officer) and the executive team of the UAE's industrial gian...
Thursday, November 20, 2014 RHB Research maintains Buy on Press Metal » The research house said on Thursday it was excited over the news of the capacity expansion, as it is timely for Press Meta...
Thursday, November 20, 2014 PBF offers insight into US, global refining trends » HOUSTON -- Speaking at this week's 2014 Deloitte Oil and Gas Conference, PBF Energy's executive chairman Thomas O’Malley f...
Thursday, November 20, 2014 Refining margins, utilisation rates falling in view of global surplus » Refining margins and utilisation rates are falling in view of a global surplus created by huge growth in refining capacity...
Thursday, November 20, 2014 Pipeline extension is a bad idea » On Tuesday the U.S. Senate failed by one vote to approve the construction of the Keystone XL Pipeline, an oil transport li...
Thursday, November 20, 2014 Wall Street Used Commodities Storage, Tankers for Unfair Gain, Senate Panel Finds » Wall Street’s biggest banks have used their ownership of metals warehouses, oil tankers and other commodities businesses t...
Tuesday, November 18, 2014 Alro reports RON 1.44 billion turnover at the end of September 2014 » Aluminum producer Alro reported a turnover of RON 1.44 billion for the first nine months of 2014, down from the RON 1.50 m...
Tuesday, November 18, 2014 Japan Prime Minister Shinzo Abe Calls Snap Election » Japanese Prime Minister Shinzo Abe called a snap election to seek a mandate for his decision to delay a further sales-tax...
Tuesday, November 18, 2014 Landrieu seeks final vote to pass Keystone XL » Sen. Mary Landrieu, D-La., on Monday expressed confidence that she would get the 60 votes she needs to pass a Keystone XL...
Tuesday, November 18, 2014 UPDATE 1-Venezuela Amuay flexicoker down, cat cracker operational -workers » PARAGUANA, Venezuela Nov 17 (Reuters) - The flexicoker at Venezuela's 645,000 barrel per day Amuay refinery was still down...
Tuesday, November 18, 2014 Australia, China deepen ties with landmark free trade deal » (Reuters) - China and Australia on Monday sealed a landmark free trade agreement more than a decade in the making, s...
Monday, November 17, 2014 Novelis Leads Global Effort to Increase Closed-Loop Recycling and Reduce Carbon » Novelis, the world leader in aluminum rolling and recycling, today published its Fiscal Year 2014 sustainability report, w...
Monday, November 17, 2014 Eurozone growth figures: Germany narrowly avoids triple-dip recession » Germany and France, the eurozone’s two largest economies, have narrowly avoided recession – Germany scraping past with 0.1...
Monday, November 17, 2014 China's economy experiencing 'period of pain': vice minister » China's economy is going through a "period of pain" as authorities try to shift it toward slower, more sustainable growth,...
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