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News & Press

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

Industry News
Wednesday, October 30, 2013 "Third quarter refining margins were challenged, but our story remains intact," said Valero Chairma » http://online.wsj.com/article/HUG1738661.html
Wednesday, October 30, 2013 Consol Energy (NYSE:CNX), the largest coal producer in the eastern US, has signed an agreement to s » http://www.mining.com/major-us-coal-miner-sells-five-coal-mines-focus-on-natural-gas-95449/
Wednesday, October 30, 2013 In the Quebec National Assembly, in response to opposition questions, Premier Pauline Marois said s » http://www.montrealgazette.com/business/Alcoa+threatens+shut+Quebec+smelters+reports/9101488/story.html
Tuesday, October 29, 2013 BP's upgraded Whiting refinery in Indiana, one of the main refineries serving Greater Chicago, will » http://www.chicagotribune.com/business/breaking/chi-whiting-refinery-rampup-delayed-20131029,0,3315899.story
Tuesday, October 29, 2013 China Petroleum & Chemical Corp. (386), Asia’s biggest refiner, posted a 20 percent increase in thi » http://www.bloomberg.com/news/2013-10-29/sinopec-third-quarter-profit-beats-estimates-on-refining-margins.html
Tuesday, October 29, 2013 BP PLC Tuesday reported a 33.6% decline in third-quarter net profit from a year earlier, largely on » http://www.marketwatch.com/story/bp-profit-falls-34-on-lower-refining-margins-2013-10-29?link=MW_latest_news
Tuesday, October 29, 2013 Asian oil refiners face shrinking margins next year as China triples new processing capacity and Sa » http://www.scmp.com/business/commodities/article/1342232/refinery-boom-cuts-margins-region
Tuesday, October 29, 2013 The long-delayed Abreu e Lima oil refinery in northeastern Brazil is 82 percent built, Jose Carlos » http://www.reuters.com/article/2013/10/28/brazil-petrobras-refinery-idUSE5N0F70G120131028
Tuesday, October 29, 2013 In India, a new smelter would remain globally competitive provided it is backed by a captive power » http://www.business-standard.com/article/markets/can-a-new-aluminium-smelter-do-without-a-coal-block-113102801058_1.html
Tuesday, October 29, 2013 Japanese consumers are spending more as the economy improves and people look to buy big-ticket item » http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-367044/
Monday, October 28, 2013 North China's Tianjin municipality plans to reduce steel and cement output amid the country's effor » http://news.xinhuanet.com/english/china/2013-10/28/c_132837581.htm
Monday, October 28, 2013 Embattled European refiners face an uphill battle with U.S. and Asian competitors to supply Africa' » http://www.reuters.com/article/2013/10/28/oil-trade-africa-idUSL5N0IC3K820131028
Monday, October 28, 2013 The fire-damaged crude distillation unit at Citgo Petroleum Corp's 174,500-barrel-per-day (bpd) Lem » http://www.chicagotribune.com/news/sns-rt-us-refinery-operations-citgo-lemont-20131025,0,6766377.story
Monday, October 28, 2013 New rules will boost costs to transport crude by rail in North America as trains are forecast to ca » http://fuelfix.com/blog/2013/10/18/new-crude-transport-rules-to-boost-rail-costs/
Friday, October 25, 2013 The company will need to determine the extent of damage to the crude distillation unit before any p » http://www.hydrocarbonprocessing.com/Article/3270745/Latest-News/Citgo-shuts-crude-unit-at-Illinois-refinery-after-fire.html
Friday, October 25, 2013 The Labor Department reported that the economy added 148,000 jobs, well below analysts’ expectation » http://www.washingtonpost.com/business/economy/economy-added-148000-jobs-in-september-jobless-rate-fell-to-72-percent/2013...
Friday, October 25, 2013 The price of the benchmark 5,500kcal coal in Qinhuangdao rose by 20 yuan to 540 yuan/ton in the pas » http://www.thechinaperspective.com/articles/china-commodities-weekly-coal-prices-rise-for-2-weeks-10486/
Thursday, October 24, 2013 The narrowing price difference between crude oil and the petroleum products extracted from it hit r » http://www.reuters.com/article/2013/10/24/cenovus-results-idUSL3N0IE3DN20131024
Thursday, October 24, 2013 Premiums added to aluminum prices in the U.S. and Europe rose amid surging orders to remove the lig » http://www.bloomberg.com/news/2013-10-23/aluminum-premiums-gain-seen-driven-by-surging-withdrawal-orders.html
Wednesday, October 23, 2013 China's economic growth rebounded in the latest quarter, easing pressure on communist leaders for m » http://www.foxnews.com/world/2013/10/17/china-quarterly-economic-growth-rebounds-to-78-percent-after-government/
Wednesday, October 23, 2013 Aluminij Mostar, Bosnia's sole aluminium smelter, clinched a deal on Tuesday to settle its debt to » http://in.reuters.com/article/2013/10/22/bosnia-aluminij-idINL5N0IC2CI20131022
Wednesday, October 23, 2013 Alcoa Inc. (AA), the largest U.S. aluminum producer, jumped the most in almost two years as output » http://www.bloomberg.com/news/2013-10-22/alcoa-jumps-on-speculation-aluminum-will-rise.html
Tuesday, October 22, 2013 Heat-trapping greenhouse gas emissions continue to rise worldwide -- but not in the United States, » http://www.usatoday.com/story/news/nation/2013/10/21/us-carbon-emissions-energy-lowest-1994/3146123/
Tuesday, October 22, 2013 While the Organization of Petroleum Exporting Countries expects global economic growth to accelerat » http://www.bloomberg.com/news/2013-10-21/world-economy-a-major-worry-for-opec-oil-producers-badri-says.html
Tuesday, October 22, 2013 The Bakken and Eagle Ford shale formation increased U.S. crude production by almost 700,000 barrels » http://www.bloomberg.com/news/2013-10-22/eagle-ford-bakken-boosting-u-s-crude-output-eia-says.html
Tuesday, October 22, 2013 U.S. exports of natural gas liquids, already at a record amid surging output from shale deposits, a » http://www.bloomberg.com/news/2013-10-21/shale-overload-to-spur-u-s-china-fuel-trade-energy-markets.html
Tuesday, October 22, 2013 Several Russian refineries are likely to shut in a few years, mirroring the current European crisis » http://www.brecorder.com/fuel-a-energy/193/1242854/
Tuesday, October 22, 2013 China's coal market will remain amply supplied into the fourth quarter despite peak winter consumpt » http://in.reuters.com/article/2013/10/22/china-coal-idINL3N0IC0WN20131022
Monday, October 21, 2013 Japan's crude steel production for the April-September period hit a five-year high, buoyed by solid » http://www.reuters.com/article/2013/10/18/japan-steel-idUSL3N0I81SB20131018
Monday, October 21, 2013 China's crude steel output jumped 11 percent to 65.42 million tonnes in September from a year earli » http://in.reuters.com/article/2013/10/18/china-output-steel-idINB9N0HE02720131018
Monday, October 21, 2013 Federated Co-Operatives Ltd.’s Regina refinery plans to shut down some units for a 49-day maintenan » http://www.bloomberg.com/news/2013-10-17/consumers-co-op-regina-plant-plans-seven-week-spring-turnaround.html
Monday, October 21, 2013 China's power generation picked up sharply to climb for a sixth month in September and crude steel » http://in.reuters.com/article/2013/10/18/china-power-output-idINL3N0I80IJ20131018
Monday, October 21, 2013 Russia’s United Company Rusal , the world’s biggest aluminium producer, said its drive to cut outpu » http://businessdayonline.com/2013/10/rusal-cuts-output-by-8-amid-weak-aluminium-prices/
Monday, October 21, 2013 Bosnia's regional government said on Friday it had made proposals to help aluminium smelter Alumini » http://in.reuters.com/article/2013/10/18/bosnia-aluminij-idINL6N0I820Z20131018
Friday, October 18, 2013 Aluminum maker Ormet Corp. ORMTQ -38.57% disclosed plans to liquidate its smelter in Hannibal, Ohi » http://online.wsj.com/news/articles/SB10001424052702303680404579141853103406772
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