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News & Press

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

Industry News
Thursday, August 22, 2013 Not so long ago India was celebrated as an economic miracle. In 2008 Manmohan Singh, the prime mini » http://www.economist.com/news/leaders/21583994-indias-economy-its-tightest-spot-1991-now-then-answer-be-bold-how
Thursday, August 22, 2013 Euro zone economic activity this month reached its highest level in more than two years as manufact » http://www.nytimes.com/2013/08/23/business/global/euro-zone-economy-shows-further-signs-of-growth.html?_r=0
Thursday, August 22, 2013 State-owned Indian Oil Corporation (IOC) will invest about Rs. 8,000 crore to expand capacity at it » http://www.thehindu.com/business/Industry/ioc-to-invest-rs-8000-crore-in-koyali-refinery-expansion/article5044922.ece
Thursday, August 22, 2013 Motiva Enterprises LLC’s refinery in Convent, Louisiana, was forced to shut a crude unit after an A » http://www.bloomberg.com/news/2013-08-21/motiva-convent-refinery-said-to-shut-crude-unit-after-pump-fire.html
Thursday, August 22, 2013 YPF SA, Argentina’s state-owned energy company, said its next shale oil and gas partnership will be » http://www.bloomberg.com/news/2013-08-21/argentina-prepares-china-shale-deal-to-boost-gas-reserves.html
Thursday, August 22, 2013 Refinery production in 15 European Union countries plus Norway was at 10.877 million barrels per da » http://www.brecorder.com/markets/equity/europe/132273-european-july-refinery-output-drops-51pc-on-year-euroilstock.html
Thursday, August 22, 2013 Indian refiners processed 5.1 percent more oil in July than a year earlier at about 4.53 million ba » http://in.reuters.com/article/2013/08/22/india-refinery-output-idINL4N0GN1AP20130822
Thursday, August 22, 2013 China's coal imports, excluding lignite, rose 26 percent in July from the previous month after two » http://uk.reuters.com/article/2013/08/21/china-trade-coal-idUKL4N0GM0NN20130821
Thursday, August 22, 2013 China's coal output and sales both declined in the first seven months of 2013, statistics from the » http://www.chinadaily.com.cn/bizchina/chinadata/2013-08/20/content_16906355.htm
Thursday, August 22, 2013 A cargo ship carrying 47,650 tonnes of coal has broken apart a few hundred metres off of South Afri » http://news.yahoo.com/more-20-rescued-coal-ship-runs-aground-off-075853740.html
Thursday, August 22, 2013 The country imported 137.56 million tonnes of coal in the last financial year while there was an in » http://articles.economictimes.indiatimes.com/2013-08-19/news/41425379_1_coal-production-pratik-prakash-bapu-domestic-produ...
Thursday, August 22, 2013 Coking coal traffic at major Indian ports went up 13 per cent in the April-July period to 11.2 mill » http://www.business-standard.com/article/markets/coking-coal-imports-up-13-in-april-july-period-113082000825_1.html
Tuesday, August 20, 2013 Oil production in North Dakota soared to a record 24.6 million barrels in June, a 24 percent jump f » http://fuelfix.com/blog/2013/08/17/shale-gas-and-oil-production-soaring-in-2013/
Tuesday, August 20, 2013 Global crude steel output rose 2.7% on the year in July, buoyed by strong output from China and the » http://online.wsj.com/article/BT-CO-20130820-704894.html
Tuesday, August 20, 2013 China's average daily crude steel output bounced up 2.7 percent to 2.140 million tonnes between Aug » http://in.reuters.com/article/2013/08/20/china-steel-output-idINB9N0EG01D20130820
Tuesday, August 20, 2013 Ormet Corp is negotiating with its equity owner for additional liquidity to keep remaining aluminum » http://www.reuters.com/article/2013/08/19/ormet-idUSL2N0GK1NR20130819
Tuesday, August 20, 2013 A fire at the largest oil refinery in the United States has knocked out more than half of its outpu » http://in.reuters.com/article/2013/08/19/refinery-operations-motiva-portarthur-idINL2N0GK0HU20130819
Tuesday, August 20, 2013 The real GDP of the United States Virgin Islands fell by 13.2 percent in 2012, according to the Uni » http://www.caribjournal.com/2013/08/19/hovensa-shutdown-leads-to-significant-drop-in-us-virgin-islands-gdp/
Tuesday, August 20, 2013 A western Kentucky electric utility is telling customers their rates will increase by more than 20 » http://www.therepublic.com/view/story/73be86224a794841bc3628831f286f44/KY--Aluminum-Smelter-Kentucky
Monday, August 19, 2013 Japan’s exports (JNTBEXPY) jumped by the most since 2010 in July, aiding Prime Minister Shinzo Abe’ » http://www.bloomberg.com/news/2013-08-19/japan-weak-exports-higher-imports-show-growth-constraints.html
Monday, August 19, 2013 Eurostat, the European Union’s statistics office, said the 17 EU countries that use the euro saw th » http://articles.washingtonpost.com/2013-08-14/world/41387234_1_eurozone-debt-crisis-recession
Monday, August 19, 2013 More than 1,400 companies in 19 industries have been asked to reduce their production capacity. Ac » http://news.xinhuanet.com/english/indepth/2013-08/17/c_132638486.htm
Monday, August 19, 2013 The rapidly growing infrastructural development and a robust domestic demand has helped the Indian » http://businesstoday.intoday.in/story/steel-sector-still-lacks-in-modern-technology-sminu-jindal/1/197841.html
Monday, August 19, 2013 CHARLOTTE AMALIE, U.S. Virgin Islands (AP) The governor of the U.S. Virgin Islands has called a spe » http://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=10913654
Monday, August 19, 2013 A new piping problem may force the newest crude distillation unit at Motiva's Port Arthur refinery, » http://www.reuters.com/article/2013/08/16/us-refinery-operations-motiva-portarthur-idUSBRE97F0RY20130816
Monday, August 19, 2013 The Organization of Petroleum Exporting Countries will reduce shipments this month while refiners i » http://www.bloomberg.com/news/2013-08-15/opec-to-trim-exports-on-refinery-maintenance-oil-movements-says.html
Monday, August 19, 2013 Rusal, the world's largest aluminium producer, on Monday reported a net loss of $439 million for th » http://www.france24.com/en/20130819-aluminium-giant-rusal-posts-1h-net-loss-439-mln
Monday, August 19, 2013 Since 2003, Beijing has issued at least three policy circulars ordering the aluminium industry to c » http://www.scmp.com/business/commodities/article/1297651/overcapacity-plagues-aluminium-sector
Monday, August 19, 2013 Proposed rule changes for industrial metals warehouses and increased scrutiny by regulators are lik » http://in.reuters.com/article/2013/08/16/aluminium-financing-idINL6N0GF25C20130816
Monday, August 19, 2013 Cement producer Holcim has blamed weaker than expected global economic growth for a decrease in sal » http://www.khl.com/magazines/construction-europe/detail/item87649/Weaker-than-expected-global-growth-hits-Holcim
Monday, August 19, 2013 A Tesoro Corp. rail project in Washington will likely impact Alaska oil markets. » http://www.petroleumnews.com/pntruncate/205846893.shtml
Monday, August 19, 2013 China’s steel output is a leading indicator of iron ore and coal demand. When steel output declines » http://marketrealist.com/2013/07/early-july-steel-output-falls-steeply-worrisome-for-dry-bulk-shipping-stocks/
Thursday, August 15, 2013 Indian Oil Corporation has said the first unit of its Rs 30,000—crore Paradip refinery will be read » http://www.thehindubusinessline.com/companies/paradip-refinerys-1st-unit-to-be-ready-by-yearend-ioc/article5025965.ece
Thursday, August 15, 2013 There's a growing supply of crude oil feeding U.S. refineries along the West Coast that is likely c » http://www.upi.com/Business_News/Energy-Resources/2013/08/15/EIA-Oil-by-rail-up-for-West-Coast/UPI-35031376564712/
Thursday, August 15, 2013 From May to date, 15 events have been reported, including fires, shutdowns, blackouts and leakage, » http://www.eluniversal.com/economia/130815/pdvsa-has-experienced-15-events-in-refineries-in-the-past-105-days
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