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News & Press

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

Industry News
Thursday, August 8, 2013 Glencore Xstrata and JPMorgan Chase & Co face a U.S. lawsuit alleging they artificially inflated al » http://www.reuters.com/article/2013/08/07/lme-warehousing-idUSL6N0G82Q120130807
Thursday, August 8, 2013 Aluminium premiums have slipped in Europe this week due in part to proposals to address bottlenecks » http://www.reuters.com/article/2013/08/06/aluminium-premiums-idUSL6N0G72AD20130806
Thursday, August 8, 2013 The trade deficit in the United States narrowed sharply in June to its lowest level in more than 3- » http://www.todayonline.com/business/us-trade-gap-hits-3-12-year-low-may-boost-gdp-growth
Thursday, August 8, 2013 Delek US Holdings, Inc. (NYSE: DK), a diversified energy company with assets in the petroleum refin » http://www.heraldonline.com/2013/08/07/5095223/delek-us-holdings-reports-second.html
Thursday, August 8, 2013 Oil and gas company Rompetrol Rafinare, part of Rompetrol Group, recently completed revamping the c » http://www.romania-insider.com/romanian-oil-company-rompetrol-rafinare-invests-usd-53-mln-in-revamping-coker-unit-within-p...
Thursday, August 8, 2013 Rio Tinto's Alcan division said on Wednesday it will shut down its aluminum smelter in Shawinigan, » http://www.reuters.com/article/2013/08/07/riotinto-shawinigan-idUSL1N0G81U120130807
Thursday, August 8, 2013 Husky Energy is considering a revamp of its Lima, Ohio, refinery to process up to 40,000 barrels pe » http://www.reuters.com/article/2013/08/07/husky-refinery-ohio-idUSL1N0G81SM20130807
Wednesday, August 7, 2013 The world’s richest nations, moving to combat global warming, are cutting government support for ne » http://www.bloomberg.com/news/2013-08-05/coal-at-risk-as-global-lenders-drop-financing-on-climate.html
Wednesday, August 7, 2013 U.S. oil production reached 7.5 million barrels a day in July, the highest monthly output since 199 » http://fuelfix.com/blog/2013/08/06/reportdaily-u-s-crude-production-in-july-was-highest-since-91/
Wednesday, August 7, 2013 The oil will move from the Cline Shale region to an Occidental Petroleum station that will connect » http://fuelfix.com/blog/2013/08/06/pipeline-to-tap-into-emerging-cline-shale-play/
Wednesday, August 7, 2013 BHP Billiton Ltd. (BHP), the world’s biggest mining company, signaled it will expand in the shale o » http://fuelfix.com/blog/2013/08/07/bhps-ceo-sees-u-s-shale-expansion-as-mineral-demand-grows/
Wednesday, August 7, 2013 U.S. Development Group, a Houston-based developer of rail logistics and terminal facilities, said t » http://fuelfix.com/blog/2013/08/07/another-crude-oil-rail-terminal-slated-for-canada/
Wednesday, August 7, 2013 HollyFrontier Corp.'s (HFC) second-quarter earnings fell 48% as refinery margins narrowed amid lowe » http://online.wsj.com/article/BT-CO-20130807-706611.html?mod=googlenews_wsj
Wednesday, August 7, 2013 China's renewal last week of its commitment to a domestic 2020 carbon target, under a new energy sa » http://www.reuters.com/article/2013/08/07/column-wynn-china-coal-idUSL6N0G72ES20130807
Wednesday, August 7, 2013 U.S. coal miner Drummond Co Inc and striking workers in Colombia failed to reach agreement on Tuesd » http://in.reuters.com/article/2013/08/06/colombia-coal-strike-idINL1N0G70DQ20130806
Wednesday, August 7, 2013 The Energy Information Administration (EIA) in its International Energy Outlook 2013 projects that » http://www.instituteforenergyresearch.org/2013/08/06/china-will-continue-to-use-coal-as-a-major-generating-source/
Wednesday, August 7, 2013 India, the world's second largest cement manufacturer, produces just about 60-70 per cent of the ex » http://economictimes.indiatimes.com/news/news-by-industry/indl-goods/svs/cement/cement-sector-may-look-at-exports-to-remai...
Wednesday, August 7, 2013 U.S. refineries are expanding their diesel-production capacity, not so much for truckers in the U.S » http://www.cnbc.com/id/100943620
Wednesday, August 7, 2013 It involves installation of a delayed coker unit and revamping of existing hydro cracker unit along » http://www.business-standard.com/article/companies/chennai-petroleum-lines-up-rs-4-000-cr-for-expansion-113080600595_1.html
Wednesday, August 7, 2013 China's oversupply of aluminium is likely to escalate in the second half of 2013 as more new capaci » http://www.reuters.com/article/2013/08/07/china-aluminium-idUSL4N0G724L20130807
Wednesday, August 7, 2013 The cuts are part of the company's plan to streamline its operations to help return the smelter to » http://www.stuff.co.nz/business/industries/9009999/More-jobs-to-go-in-smelter-revamp
Tuesday, August 6, 2013 Rigs targeting oil and natural gas in the U.S. gained for the fifth straight week to the highest le » http://fuelfix.com/blog/2013/08/02/energy-rigs-in-u-s-cap-longest-streak-of-gains-in-two-years/
Tuesday, August 6, 2013 India, the world’s third largest coal user, increased imports of the fuel by 48% in June. » http://www.coalguru.com/india_other_region/india_coal_imports_increase_48pct_in_june/11788
Tuesday, August 6, 2013 Growth in China's non-manufacturing sector picked up in July as Beijing's recent support measures f » http://in.reuters.com/article/2013/08/03/china-economy-pmi-idINL4N0G400M20130803
Tuesday, August 6, 2013 United Co. Rusal, the world’s biggest aluminum producer, said elevated premiums are supported by de » http://www.businessweek.com/news/2013-08-05/rusal-says-aluminum-premiums-to-stay-high-as-lme-tackles-backlog
Tuesday, August 6, 2013 Chevron Corp (CVX.N) posted on Friday a steeper-than-expected 26 percent drop in quarterly profit o » http://www.reuters.com/article/2013/08/02/us-chevron-earnings-idUSBRE9710LX20130802
Tuesday, August 6, 2013 Royal Dutch Shell Plc (RDSA) missed earnings estimates by the most since 2008 after oil theft in Ni » http://www.bloomberg.com/news/2013-08-01/shell-quarterly-profit-drops-20-on-nigerian-output-disruptions.html
Monday, August 5, 2013 Oil explorers focused on high-margin shale drilling from Texas to North Dakota are set to outperfor » http://www.bloomberg.com/news/2013-08-04/shale-explorers-outperforming-international-oil-titans.html
Monday, August 5, 2013 State-owned Engineers India Ltd today said it has bagged a Rs 670 crore contract from Chennai Petro » http://www.business-standard.com/article/companies/engineers-india-bags-rs-670-cr-contract-113080500493_1.html
Monday, August 5, 2013 South Africa needs to invest as much as 90 billion rand ($9 billion) in new coal mines to supply po » http://www.bloomberg.com/news/2013-08-05/south-africa-power-plants-seen-at-risk-of-coal-shortfall-by-2015.html
Monday, August 5, 2013 he London Metal Exchange and Goldman Sachs Group Inc. have been named as co-defendants in a U.S. cl » http://news.yahoo.com/legal-challenge-starts-lme-goldman-aluminum-storage-135622071.html
Monday, August 5, 2013 Workers of the Aluminium Smelter Company of Nigeria (ALSCON) have accused its Russian managers, UC » http://leadership.ng/news/040813/russian-firm-dismantling-alscon-workers
Monday, August 5, 2013 A $100 million rail-to-barge oil terminal that Tesoro Corp plans to build at a port in Washington w » http://www.reuters.com/article/2013/08/02/tesoro-rail-crude-idUSL1N0G313N20130802
Monday, August 5, 2013 A U.S. steel industry group has asked the government trade representative to intervene to protect d » http://www.reuters.com/article/2013/08/02/steel-trade-usa-idUSL6N0G324E20130802
Monday, August 5, 2013 China's steel output is expected to rise 9 percent from a year ago to a record high of about 780 mi » http://www.reuters.com/article/2013/08/02/china-steel-idUSL4N0G322Y20130802
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