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Industry News
Tuesday, January 21, 2014 Co-op Refinery Complex increases production by 50% » Processing capacity at the Co-op Refinery Complex (CRC) in Regina is improving, with the refinery now able to proces...
Tuesday, January 21, 2014 Canadian Heavy Crude Reaches Six-Month High Against WTI » TransCanada Corp. (TRP)’s line to the Houston refining market from Cushing, Oklahoma, is scheduled to begin shipping...
Tuesday, January 21, 2014 Chinese coal output seen up by 2.7 pct in 2014 » The China National Coal Association said that Chinese coal production is expected to grow 2.7% this year to around 3...
Tuesday, January 21, 2014 Lira plunges to new lows as Turkey holds rates steady » Turkey's central bank kept its key interest rates steady on Tuesday in the face of a political crisis, sending the l...
Tuesday, January 21, 2014 China’s economy grows 7.7 percent in 2013 » China’s economic growth decelerated in the final quarter of 2013 and appears set to slow further, adding to pressure...
Monday, January 20, 2014 Japan Economy 'Recovering for 1st Time Since 2008 » For the first time in six years, the Japanese government clearly declared in its monthly report that the economy is...
Monday, January 20, 2014 Montenegro launches tender for bankrupt aluminium plant » Montenegro on Saturday launched a tender to sell the partially state-owned KAP aluminium plant, its biggest industri...
Monday, January 20, 2014 (0 Comments - view/add) Japan utilities December coal use rises 15 pct y/y - data » Japan's regional power monopolies consumed 15 percent more thermal coal in December than a year earlier to generate...
Monday, January 20, 2014 China Dec coal imports up 1.1 pct y/y at 35.46 mln tonnes-industry website » China's coal imports, including lignite, rose 24.7 percent in December from the previous month to reach 35.46 millio...
Monday, January 20, 2014 Illinois EPA files emergency rules for petcoke » New emergency rules involving the storage of petroleum coke could go into effect as soon as next week, the Illinois...
Monday, January 20, 2014 BHP May Cut 450 Jobs in South Africa Aluminum Smelter Closing » BHP Billiton Ltd. (BHP), the world’s biggest miner, may cut as many as 450 jobs amid plans to close its Bayside alum...
Monday, January 20, 2014 (0 Comments - view/add) Rio Tinto Alcan inaugurates its leading-edge AP60 aluminium smelter in Canada » Rio Tinto Alcan inaugurated the US$ 1.1 billion Arvida Aluminium Smelter, AP60 Technology Centre, in Saguenay-Lac-St...
Friday, January 17, 2014 Shell Says Quarterly Earnings Will Fall 48% » Roughly two weeks into his job, the chief executive of Royal Dutch Shell warned on Friday that the oil company’s fou...
Thursday, January 16, 2014 Global economy at a turning point: World Bank » Global growth is set to accelerate in 2014 as advanced economies turn a corner five years after the global financial crisi...
Thursday, January 16, 2014 Valero trims expansion at Louisiana refinery » Valero Energy Corp. has revised its plans for an expansion of its 250,000-b/d St. Charles refinery at Norco, La., th...
Thursday, January 16, 2014 Record surge in U.S. aluminum premiums rattles end-users » The unprecedented surge in U.S. aluminum premiums to record highs has renewed concerns about the dwindling supplies...
Thursday, January 16, 2014 German Economy Slowed in 2013 Amid European Crisis » The German economy, Europe's biggest, slowed down more than expected last year as other countries' financial trouble...
Thursday, January 16, 2014 (0 Comments - view/add) Global economy at a turning point: World Bank » Global growth is set to accelerate in 2014 as advanced economies turn a corner five years after the global financial...
Thursday, January 16, 2014 Ill. Gov Seeks Statewide Petcoke Restrictions » Jan. 14--Gov. Pat Quinn today moved to require companies that store petroleum coke in Illinois to fully enclose the...
Thursday, January 16, 2014 (0 Comments - view/add) Citgo resumes oil unit in Texas refinery » US refinery Citgo Petroleum Corp reported on the startup of its crude oil unit in the East Plant of its refinery of...
Tuesday, January 14, 2014 China crude steel output growth to slow to 3.1 pct in 2014 -CISA » China's annual steel output growth is expected to slow in 2014 to around 3 percent and reach 810 million tonnes as a...
Tuesday, January 14, 2014 China to boost annual railway coal capacity to 3 bln T by 2020 » China aims to increase its annual railway capacity for coal haulage by around a third by 2020 as part of a new plan...
Tuesday, January 14, 2014 Petrobras Refinery Fires Dim Profit Outlook: Corporate Brazil » Petroleo Brasileiro SA (PETR4)’s two refinery fires in five weeks are darkening its profit outlook as the state-run...
Monday, January 13, 2014 Jobs Report: U.S. Economy Added Just 74K Jobs In December, Unemployment Down To 6.7% » The stretch of positive economic news that led to the Federal Reserve’s decision to begin trimming asset purchases l...
Monday, January 13, 2014 (0 Comments - view/add) Euro zone economy shrank 0.3 percent year/year in third quarter: Eurostat » The euro zone economy shrank 0.3 percent year on year in the third quarter, less than the 0.4 percent contraction es...
Monday, January 13, 2014 China Imports Rise to Help Nation Claim World Trade Crown » China’s imports rose the most in five months in December, indicating that domestic demand will support economic grow...
Monday, January 13, 2014 Exxon chief: US will be energy secure by 2020 (video) » The United States will be energy secure by the end of the decade, Exxon Mobil CEO Rex Tillerson told CNBC Thursday....
Monday, January 13, 2014 Company handling 'petcoke' says improving facilities; Illinois governor announces new rules » A company that handles petroleum coke in the Chicago area says it's improving facilities, including working with the...
Monday, January 13, 2014 Company handling 'petcoke' says improving facilities; Illinois governor announces new rules » A company that handles petroleum coke in the Chicago area says it's improving facilities, including working with the...
Monday, January 13, 2014 UPDATE 1-Colombia port says it could handle some Drummond, CNR coal » Colombia's Santa Marta port has the daily capacity to handle 20,000 tonnes of coal mined by U.S.-based Drummond Co I...
Friday, January 10, 2014 US oil boom will slow in 2015, feds forecast » U.S. daily crude production will slow next year for the first time since the nation’s shale oil boom began three yea...
Friday, January 10, 2014 Unforeseen US oil boom upending markets worldwide » The U.S. oil boom has put European refineries out of business and undercut West African crude suppliers. Now domesti...
Friday, January 10, 2014 Shipping Costs Plunge as Colombia Disrupts Drummond Coal Cargoes » The cost of hauling coal and other commodities had its biggest one-day percentage drop on record after Colombia rest...
Friday, January 10, 2014 UPDATE 1-Refiner PBF starts talks on lobby effort to keep US oil export ban » Independent U.S. refiner PBF Energy has begun talks with a half-dozen of its rivals to consider jointly lobbying Was...
Thursday, January 9, 2014 UPDATE 2-Frigid temperatures snarl some U.S. refinery operations » Frigid weather rattled several U.S. refiners on Tuesday, temporarily affecting production from Canada to Tennessee,...
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