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News & Press

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Industry News
Wednesday, April 30, 2014 Phillips 66 Reports First-Quarter Earnings of $1.6 Billion or $2.67 Per Share » Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, announces first-quarter earnings of $1.6 billion a...
Wednesday, April 30, 2014 Total first-quarter net down 10 percent on refining, lower output » French oil major Totalreported a 10 percent drop in first-quarter net profit to $3.3 billion (1.96 billion pounds) on Wedn...
Wednesday, April 30, 2014 Suncor says oil sands upgrader maintenance complete, unit ramping up » Suncor Energy Inc said on Tuesday it is restarting an upgrading unit at its Fort McMurray, Alberta, oil sands operations a...
Wednesday, April 30, 2014 Valero: Too much light crude prompts rate cuts at two refineries » Valero Energy Corp, the largest U.S. independent refiner, said cheap inland U.S. crude oil boosted its first-qua...
Wednesday, April 30, 2014 Chicago Petcoke Ordinance Passes Key Hurdle » Mayor Rahm Emanuel’s revised ordinance to regulate petcoke stored in Chicago cleared the counci...
Wednesday, April 30, 2014 Shell profit falls 45 percent on refineries charge » Royal Dutch Shell PLC, Europe's largest oil company, reported a 45 percent fall in net profit for the first quarter after...
Wednesday, April 30, 2014 Shell profit falls 45 percent on refineries charge » Royal Dutch Shell PLC, Europe's largest oil company, reported a 45 percent fall in net profit for the first quarter after...
Wednesday, April 30, 2014 US economy stalls in Q1, inventories and trade weigh » The U.S. economy barely grew in the first quarter as exports tumbled and businesses accumulated stocks at the sl...
Tuesday, April 29, 2014 (0 Comments - view/add) Foster Wheeler Awarded EPC Contracts by Pemex for Coker Slide Valves at Cadereyta and Madero Refiner » Foster Wheeler AG announced today that subsidiaries of its Global Engineering and Construction Group, together with a join...
Tuesday, April 29, 2014 MRPL Plans $1.4 Billion Expansion as Margins Poised to Rise » Mangalore Refinery & Petrochemicals Ltd. (MRPL) plans to spend $1.4 billion to expand crude processing at its faci...
Tuesday, April 29, 2014 Phillips Alliance, La. refinery restarting units: sources » The restart is expected to be complete within two weeks with all units, including the refinery's 250,000 bpd crude distill...
Tuesday, April 29, 2014 KPC to supply Indonesia with petroleum coke » Kuwait Petroleum Corporation (KPC), the state-owned entity responsible for Kuwait's hydrocarbon interests throughout the w...
Tuesday, April 29, 2014 (0 Comments - view/add) KSEB to Go for Innovative Bidding Process » In a novel initiative, the Kerala State Electricity Board (KSEB) is going for a Swiss Challenge System to implement the...
Tuesday, April 29, 2014 Looking To Shed $40B In Debt, Energy Future Holdings (TXU) Files Ch. 11 » Energy Future Holdings filed for Chapter 11 protection in Wilmington, Del., this morning, after reaching a long-await...
Tuesday, April 29, 2014 Oil giant BP reports $3.2bn profits » Oil giant BP has reported a 23% drop in profits to $3.22bn (£1.92bn) for the first quarter of 2014. http://www.bbc.com/n...
Monday, April 28, 2014 EURO COAL-Prices dip as healthy supplies reduce buying appetite » European physical coal prices dipped on Monday as oversupply continued to weigh on prices. Cargoes for delivery in June t...
Monday, April 28, 2014 China Shale Boom Seen by Honghua as Pollution Cuts Coal Use » China, the world’s biggest holder of natural gas reserves trapped in shale rocks, has set a national output goal of 6.5 bi...
Monday, April 28, 2014 Exxon says Baton Rouge refinery completes 2-month overhaul » Sources familiar with refinery operations said a 90,000-bpd crude distillation unit that was shut as part of the overhaul...
Friday, April 25, 2014 COLUMN-Aluminium up on great expectations; reality lags behind: Andy Home » At an individual smelter level, it takes time to wind down production prior to mothballing or closure, meaning a lag betwe...
Friday, April 25, 2014 Bosnia government to help Aluminij stay open; wants it restructured » The government of Bosnia's autonomous Bosniak-Croat Federation will help unfreeze bank accounts of indebted aluminium smel...
Thursday, April 24, 2014 China Manufacturing Gauge Signals Economic Weakness » China’s economy has yet to respond to policy makers’ stimulus efforts, an April manufacturing gauge indicated today, helpi...
Thursday, April 24, 2014 China Ends Environmental Ban on CNPC, Sinopec Refining Projects » Overturning an eight month-old ban, China National Petroleum Corp. and China Petrochemical Corp. can resume applying for c...
Thursday, April 24, 2014 The February 2014 PCQ Monthly sections have been compiled into one report and uploaded to the 'PCQ S » The February 2014 PCQ Monthly sections have been compiled into one report and uploaded to the 'PCQ Subscriber Page'.
Thursday, April 24, 2014 Marathon proposes La. refinery expansion » Marathon Petroleum Corp. said it is taking the next step toward a potential $2.2 billion to $2.5 billion upgrade to the co...
Thursday, April 24, 2014 Coal Glut Foils Price Rally With Miners Tied to Exports » Australian mining companies are prolonging a supply glut that’s driven coal prices to a four-year low because of freight c...
Thursday, April 24, 2014 TABLE-Indian oil refiners processed 2.8 pct more in March vs y/y-govt » Indian refiners processed 2.8 percent more oil in March than a year earlier at about to 4.6 million barrel per day (bpd),...
Thursday, April 24, 2014 INDONESIA PRESS-Inalum plans to spend $1.9 bln on investment until 2019-Investor Daily » The company plans to build an aluminium smelter worth $1.2 billion with a capacity of 250,000 tonnes per year and a 500 me...
Thursday, April 24, 2014 PCQ Monthly section D - Coal (Mar 2014) has been uploaded » PCQ Monthly section D - Coal (Mar 2014) has been uploaded.
Tuesday, April 22, 2014 European refinery output falls 6.2 pct in March -Euroilstock » European refinery output fell 6.2 percent in March from February as some plants wen offline for seasonal maintenance, data...
Monday, April 21, 2014 Federal judge strikes Minnesota anti-coal law » A federal judge has blocked enforcement of a Minnesota law that would ban electricity from new coal plants in the state,...
Monday, April 21, 2014 (0 Comments - view/add) Keystone decision pushed back » The Obama administration on Friday extended its review period for the Keystone XL pipeline, potentially delaying a decis...
Monday, April 21, 2014 Odisha may reject Vedanta's plea to use IPP power for smelter » VAL’s 1.25 million tonne per annum (mtpa) aluminium smelter set up as a sector specific Special Economic Zone (SEZ) at Jha...
Monday, April 21, 2014 Japan LNG, thermal coal imports hit record in 2013/14 » Japan imported record volumes of liquefied natural gas (LNG) and thermal coal in the fiscal year ended in March, as the co...
Monday, April 21, 2014 Bosnia's Aluminij again risks closure over debt to utility » Bosnian aluminium smelter Aluminij Mostar is facing closure again after a state-owned power company said it would cut elec...
Monday, April 21, 2014 Europe may replace Russian gas with US coal » U.S. coal exports have been booming in recent years due to rising demand around the world. In fact, some European countrie...
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