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News & Press

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

Industry News
Friday, November 15, 2013 U.S. power companies have shut or converted about 16,000 megawatts (MW) of coal-fired power plants » http://in.reuters.com/article/2013/11/14/utilities-firstenergy-coal-idINL2N0IZ25X20131114
Friday, November 15, 2013 Steag GmbH, a German power producer and energy trader, started the country’s first power plant fuel » http://www.bloomberg.com/news/2013-11-15/steag-starts-germany-s-first-coal-fired-power-plant-in-8-years.html
Friday, November 15, 2013 The euro-zone economy's recovery from its long slump lost its momentum in the third quarter, compou » http://online.wsj.com/news/articles/SB10001424052702304243904579197001087968652
Thursday, November 14, 2013 The 420,000-barrel-a-day Whiting plant brought online a new delayed coker, according to a person fa » http://www.bloomberg.com/news/2013-11-14/canada-heavy-oil-gains-as-bp-refinery-said-to-ramp-up-new-coker.html
Thursday, November 14, 2013 Citgo Petroleum Corp. has successfully resumed operations at the atmospheric distillation tower of » http://www.ogj.com/articles/2013/11/citgo-restarts-atmospheric-distillation-unit-at-lemont.html
Thursday, November 14, 2013 The government and Japanese shareholders of PT Indonesia Asahan Aluminium (Inalum), which operates » http://www.thejakartapost.com/news/2013/11/14/ri-japanese-firms-agree-inalum-price.html
Thursday, November 14, 2013 Reliance Industries Limited (RIL) has been implementing a highly ambitious expansion project in the » http://groundreport.com/ril-raises-its-contract-worth-on-lindes-jamnagar-project-by-50/
Wednesday, November 13, 2013 Increased gas production could, in turn, fuel a response to rising international demand and keep pr » http://fuelfix.com/blog/2013/11/13/economist-exports-will-have-moderate-effect-on-u-s-natural-gas-price/
Wednesday, November 13, 2013 The US Chamber of Commerce is backing legislation that would diminish the EPA’s proposed carbon pol » http://www.environmentalleader.com/2013/11/12/us-chamber-urges-congress-to-block-epas-power-plant-rules/
Tuesday, November 12, 2013 Demand to export U.S. crude is poised to soar as the nation’s surging supply of hydrocarbons create » http://www.bloomberg.com/news/2013-11-12/u-s-demand-to-export-crude-seen-soaring-amid-hydrocarbons-boom.html
Tuesday, November 12, 2013 The U.S. will surpass Russia as the world’s top oil producer by 2015, and be close to energy self-s » http://www.bloomberg.com/news/2013-11-12/u-s-nears-energy-independence-by-2035-on-shale-boom-iea-says.html
Tuesday, November 12, 2013 Asian oil refiners face weak margins for turning crude into fuel over the next five years and may b » http://www.gulf-times.com/business/191/details/371341/asia-oil-refiners-face-5-years-of-thin-margins
Tuesday, November 12, 2013 Citgo cannot restart the vacuum section of the crude unit until it has demonstrated that it is safe » http://www.ogj.com/articles/2013/11/illinois-orders-citgo-to-investigate-refinery-fire-before-restart.html
Tuesday, November 12, 2013 "At present, refinery is operating at 70 percent capacity. By December, it should reach 85 percent » http://in.reuters.com/article/2013/11/12/hpcl-refinery-idIND8N0IB01P20131112
Tuesday, November 12, 2013 Unemployment rose to 7.3 percent from 7.2 percent in September. But that was probably because furlo » http://www.boston.com/business/news/2013/11/08/adds-jobs-unemployment-rises-pct/oC5RPA94FUVT9bSWdj3qiJ/story.html
Monday, November 11, 2013 TABLE-New refinery additions in Asia from 2013 to 2018 » http://uk.reuters.com/article/2013/11/11/asia-refinery-idUKL3N0IL6PR20131111
Monday, November 11, 2013 Chennai Petroleum has restarted a crude distillation unit at its 190,000 barrels per day (bpd) Mana » http://in.reuters.com/article/2013/11/11/india-chennai-idINDEE9AA05320131111
Monday, November 11, 2013 Ecopetrol, Colombia's publicly traded, state-controlled oil company, said on Friday it will spend a » http://www.reuters.com/article/2013/11/08/ecopetrol-colombia-oil-idUSL2N0IT17O20131108
Monday, November 11, 2013 Independent U.S. refiner Tesoro Corp has tripled the amount of North Dakota Bakken oil delivered by » http://www.reuters.com/article/2013/11/07/tesoro-rail-crude-idUSL2N0IS13N20131107
Monday, November 11, 2013 China's production of refined copper rose 2.9 percent month-on-month to a second straight monthly r » http://www.reuters.com/article/2013/11/11/china-output-basemetals-idUSL4N0IW2RH20131111
Monday, November 11, 2013 The global ocean freight market is seen as generally good this year, with strong demand for coal fr » http://www.albertafarmexpress.ca/news/chinese-demand-for-coal-supports-ocean-freight-market/1002710637/
Monday, November 11, 2013 Spot metallurgical coal in the U.S. slipped on lackluster export demand for the steelmaking ingredi » http://www.bloomberg.com/news/2013-11-08/spot-metallurgical-coal-in-u-s-declines-on-lackluster-demand.html
Monday, November 11, 2013 The Japanese owners of Southeast Asia's only aluminium smelter said they seek an amicable resolutio » http://www.reuters.com/article/2013/11/08/idUSL3N0IT3CE20131108
Monday, November 11, 2013 Indian Oil Corp aims to start its 300,000-barrels-per-day Paradip refinery by April-May instead of » http://profit.ndtv.com/news/corporates/article-ioc-sees-delay-in-paradip-refinery-start-up-371707
Friday, November 8, 2013 Energy Transfer Partners and Trafigura Beheer BV announced plans for a new 82-mile crude oil and co » http://fuelfix.com/blog/2013/11/07/new-crude-pipeline-provides-more-access-to-gulf-coast-for-eagle-ford/
Friday, November 8, 2013 Repsol SA, Spain’s largest oil producer, plans to invest $4 billion in Venezuela through 2022 on ex » http://fuelfix.com/blog/2013/11/08/repsol-plans-to-invest-4-billion-in-venezuela-through-2022/
Friday, November 8, 2013 Standard & Poor's Ratings Services on Friday cut France's credit rating by one notch to AA, sharply » http://online.wsj.com/news/articles/SB10001424052702303309504579184984164551794
Friday, November 8, 2013 Overall, growth accelerated to a 2.8 percent annual rate in the third quarter, the Commerce Departm » http://www.boston.com/business/news/2013/11/07/economy-grows-surprising-pct-rate/O5NmbHW0IP5oZR906WcA5I/story.html
Friday, November 8, 2013 Valero Energy Corp. (VLO) is seeking approval to double the amount of crude handled by a planned ra » http://www.bloomberg.com/news/2013-11-07/valero-st-charles-seeks-to-double-size-of-planned-rail-project.html
Friday, November 8, 2013 Greece's dominant electricity producer PPC threatened on Thursday to ditch its biggest customer, Al » http://in.reuters.com/article/2013/11/07/greece-electricity-idINL5N0IS5OT20131107
Thursday, November 7, 2013 Independent U.S. refinery Tesoro Corp is running 350,000 barrels per month of North Dakota Bakken c » http://www.reuters.com/article/2013/11/07/tesoro-rail-crude-idUSL2N0IS0XK20131107
Thursday, November 7, 2013 China's first coal-to-gas (CTG) project will soon start pumping gas to capital city Beijing to help » http://in.reuters.com/article/2013/11/07/china-datang-coal-to-gas-idINL3N0IR11U20131107
Thursday, November 7, 2013 An increase in China’s oil-refining capacity over the next five years will compensate for plant clo » http://www.businessweek.com/news/2013-11-07/china-mideast-refining-boom-to-offset-europe-slump-opec-says
Thursday, November 7, 2013 Lower earnings were primarily due to the refining segment, as a combination of factors in the third » http://online.wsj.com/article/PR-CO-20131106-916003.html?dsk=y
Thursday, November 7, 2013 The board of the London Metal Exchange has approved changes to its warehousing policy aimed at cutt » http://online.wsj.com/news/articles/SB10001424052702303763804579183253005527882
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