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News & Press

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

Industry News
Wednesday, August 28, 2013 Americans' confidence in the economy inched closer to a 5 ½-year high on growing optimism that hiri » http://www.mysanantonio.com/news/article/US-consumer-confidence-rises-in-August-4763723.php
Wednesday, August 28, 2013 Canadian Oil Sands ("COS") today announced that the turnaround of Coker 8-1 has been completed and » http://www.marketwatch.com/story/syncrudes-coker-8-1-returns-to-operation-following-turnaround-2013-08-27-171735031?reflin...
Wednesday, August 28, 2013 Essar Projects Limited (EPL), a global EPC (engineering, procurement, construction) company headqua » http://timesofindia.indiatimes.com/business/india-business/Essar-Projects-bags-Rs-700-crore-EPC-contract-from-BPCL/article...
Wednesday, August 28, 2013 Over 35,000 tonnes of coal from the Bilaspur coalfields has been procured by the state government f » http://india.nydailynews.com/business/ff4a86442cf3d3092026daface73db69/goa-to-supply-35000-tonnes-of-coal-to-small-industries
Tuesday, August 27, 2013 To maintain its economic growth and provide for its massive population, China must reconcile two po » http://insights.wri.org/news/2013/08/majority-china%E2%80%99s-proposed-coal-fired-power-plants-located-water-stressed-regions
Tuesday, August 27, 2013 China's growth rebounded in July, adding to signs that the world’s second-biggest economy is stabil » http://www.bloomberg.com/news/2013-08-27/china-s-industrial-profits-rebound-as-growth-stabilizes-economy.html
Tuesday, August 27, 2013 UC RUSAL , a leading, global aluminium producer announces a USD 3 mln project aimed at environmenta » http://www.rusal.ru/en/press-center/news_details.aspx?id=9208&ibt=13&at=0
Tuesday, August 27, 2013 China has invested substantial sums in raw material production such as electrolytic aluminum projec » http://usa.chinadaily.com.cn/epaper/2013-08/27/content_16923712.htm
Tuesday, August 27, 2013 CVR Refining, LP (CVRR), a refiner and marketer of petroleum fuels, today announced tha » http://www.dailymarkets.com/stock/2013/08/26/cvr-refining-announces-extended-fccu-outage-at-coffeyville-refinery/
Monday, August 26, 2013 New analysis by the China National Coal Association through the first 7-months of this year is poin » http://www.coalguru.com/china/overcapacity_a_serious_problem_in_coal_industry/12242
Monday, August 26, 2013 The reality, according to analysts and others who watch global energy trends, is more complex. U.S. » http://www.businessweek.com/news/2013-08-26/keystone-s-impact-on-venezuela-oil-muted-by-waning-u-dot-s-dot-imports#p2
Monday, August 26, 2013 China Petroleum & Chemical Corp. (386), Asia’s biggest refiner, posted a 24 percent increase in fir » http://www.businessweek.com/news/2013-08-25/sinopec-first-half-net-rises-24-percent-as-refining-returns-to-profit
Monday, August 26, 2013 Hindustan Petroleum Corp Ltd will operate its 166,000 barrels per day (bpd) Vizag refinery at abou » http://www.business-standard.com/article/reuters/hpcl-to-operate-vizag-plant-at-60-pct-capacity-for-10-days-113082600943_1...
Monday, August 26, 2013 Construction of EMAL's Phase II expansion is more than 70 per cent complete and on schedule to meet » http://www.zawya.com/story/Partnership_with_Khalifa_Port_aids_EMALs_Phase_II_construction-ZAWYA20130826180008/
Monday, August 26, 2013 The quarterly contract price for Western Canada’s premium-grade hard coking coal bound for Asian ma » http://www.mining.com/met-coal-outlook-improves-significantly-76485/
Monday, August 26, 2013 The sharp fall in rupee is likely to prompt domestic steel companies to raise product prices in nea » http://economictimes.indiatimes.com/news/news-by-industry/indl-goods/svs/steel/rupee-fall-may-push-steel-prices-up-say-exp...
Monday, August 26, 2013 The aluminium smelter project, part of Gujarat Mineral Development Corporation (GMDC)'s ambitious R » http://www.business-standard.com/article/companies/gmdc-nalco-aluminium-smelter-put-on-back-burner-113082601083_1.html
Monday, August 26, 2013 More bricks in the global recovery wall are likely to slot into place in a week that could also yie » http://www.reuters.com/article/2013/08/25/us-economy-global-weekahead-idUSBRE97O0CH20130825
Monday, August 26, 2013 China's economy is showing clear signs of stabilization, helped by policy support and some improvem » http://www.reuters.com/article/2013/08/26/us-china-economy-idUSBRE97P00R20130826
Monday, August 26, 2013 Consumer spending probably rose for a third consecutive month in July as improvements in the housin » http://www.bloomberg.com/news/2013-08-25/consumer-spending-probably-climbed-in-july-u-s-economy-preview.html
Monday, August 26, 2013 Oil prices rose on Friday, led by gasoline futures following news of a major unit shutdown at an ea » http://www.cnbc.com/id/100982718
Friday, August 23, 2013 China is on track to become the world’s largest importer of oil, likely drawing most of its supplie » http://fuelfix.com/blog/2013/08/20/china-set-to-be-no-1-consumer-of-middle-east-oil/
Friday, August 23, 2013 Oil production in Texas’s Eagle Ford shale formation rose 60 percent in June from the same month th » http://fuelfix.com/blog/2013/08/22/eagle-ford-crude-production-jumps-over-year/
Friday, August 23, 2013 Higher oil and gas production and improvements in the resulting effect on the environment has helpe » http://fuelfix.com/blog/2013/08/23/unconventional-oil-and-gas-making-u-s-more-secure/
Friday, August 23, 2013 The global benchmark price of crude oil will fall through the end of 2013, as the United States con » http://fuelfix.com/blog/2013/08/22/global-oil-price-will-decline-through-end-of-2013-eia-forecasts/
Friday, August 23, 2013 Public sector oil major, Indian Oil Corporation Ltd (IOCL) will spend over Rs 8,000 crore towards b » http://petcokes.com/Lists/News/NewForm.aspx?RootFolder=%2FLists%2FNews&Source=http%3A%2F%2Fpetcokes%2Ecom%2FLists%2FNews%2...
Friday, August 23, 2013 The 325,000-barrel-a-day crude unit, stopped since an Aug. 17 fire damaged a hydrocracker that norm » http://www.bloomberg.com/news/2013-08-22/motiva-port-arthur-crude-unit-said-to-stay-shut-as-barges-scarce.html
Friday, August 23, 2013 Vedanta Aluminium Ltd (VAL) has sought extension of SEZ (Special Economic Zone) benefits for its 1. » http://www.business-standard.com/article/companies/vedanta-seeks-sez-benefits-for-aluminium-smelter-113082200864_1.html
Friday, August 23, 2013 Instead of relying on “one-dimensional cost cutting,” taking advantage of energy and automotive opp » http://triblive.com/business/headlines/4572185-74/steel-longhi-company#axzz2cnpuSSRF
Friday, August 23, 2013 With the slide in rupee hitting raw material costs, steel companies could be forced to go in for a » http://articles.economictimes.indiatimes.com/2013-08-22/news/41437428_1_price-hike-jayant-acharya-cost-hike
Friday, August 23, 2013 The near-term outlook for the steel industry is likely to remain unfavourable due to factors like » http://economictimes.indiatimes.com/news/news-by-industry/indl-goods/svs/steel/near-term-outlook-for-steel-industry-may-re...
Thursday, August 22, 2013 Chinese manufacturing resumed expansion this month after shrinking the most in almost a year in Jul » http://www.bloomberg.com/news/2013-08-22/china-manufacturing-index-increases-in-sign-economy-stabilizing.html
Thursday, August 22, 2013 China's manufacturing slowdown stabilized in August in another possible sign the world's second-lar » http://www.thejakartapost.com/news/2013/08/22/survey-shows-china-manufacturing-slump-stabilizing.html
Thursday, August 22, 2013 (Reuters) - The biggest U.S. oil refinery could shut its main crude distillation unit for up to thr » http://www.reuters.com/article/2013/08/21/us-refinery-repairs-motiva-portarthur-idUSBRE97K15D20130821
Thursday, August 22, 2013 Motiva Enterprises LLC’s Port Arthur, Texas, refinery will take two to six weeks to repair a hydroc » http://www.businessweek.com/news/2013-08-21/motiva-port-arthur-said-to-shut-hydrocracker-up-to-six-weeks
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