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News & Press

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

Industry News
Monday, August 5, 2013 Output of coal in Russia went up 1.3% in the period of January through to July 2013 compared with t » http://indrus.in/news/2013/08/02/russias_coal_exports_up_almost_12_in_6_months_27931.html
Friday, August 2, 2013 Companies such as Royal Dutch Shell Plc (RDSA) and China National Petroleum Corp. are starting to d » http://www.bloomberg.com/news/2013-07-31/china-fracking-quake-prone-province-shows-zeal-for-gas.html
Friday, August 2, 2013 Russia, the world’s biggest oil producer, increased crude and condensate production by 1 percent in » http://www.bloomberg.com/news/2013-08-02/russia-s-oil-output-rises-to-near-most-since-soviet-era.html
Friday, August 2, 2013 The Organization of Petroleum Exporting Countries will curb shipments by the most in seven months a » http://www.businessweek.com/news/2013-08-01/opec-to-cut-exports-by-most-in-seven-months-oil-movements-says
Friday, August 2, 2013 U.S. refiner Tesoro Corp on Thursday reported a lower quarterly profit after refinery maintenance h » http://www.reuters.com/article/2013/08/01/tesoro-results-idUSL1N0G218G20130801
Friday, August 2, 2013 PBF Energy’s top officer declared the company’s second-quarter earnings “disappointing” on Thursday » http://www.delawareonline.com/article/20130802/NEWS/308020036/Higher-costs-hurting-PBF-Energy
Friday, August 2, 2013 Exxon Mobil Corp. reported a dramatic fall in profit Thursday, down to its lowest level in three ye » http://www.dallasnews.com/business/energy/20130801-irving-based-exxon-mobil-s-profit-falls-to-lowest-level-since-2010.ece
Friday, August 2, 2013 CBC reported that the Manitoba government is going ahead with a plan to ban coal and petroleum coke » http://www.coalguru.com/other_region/manitoba_to_ban_coal_and_petroleum_coke_to_cut_emissions/11685
Friday, August 2, 2013 Goldman Sachs Group Inc. (GS) offered to speed up delivery of aluminum to users of the metal and pr » http://www.bloomberg.com/news/2013-07-31/goldman-sachs-offers-aluminum-to-clients-stuck-in-queue.html
Friday, August 2, 2013 Ormet Corp said it is beginning immediately on Thursday to shut down half of the existing operation » http://www.reuters.com/article/2013/08/01/ormet-idUSL1N0G218120130801
Friday, August 2, 2013 Some of the western world's top oil companies abandoned output targets and missed profit forecasts » http://www.chicagotribune.com/business/sns-rt-us-oil-results-20130801,0,6372021.story
Friday, August 2, 2013 Marathon Petroleum Corp and rival U.S. oil refiners are betting on new pipelines and higher volumes » http://in.reuters.com/article/2013/08/01/westernrefining-results-idINL4N0G22Q920130801
Friday, August 2, 2013 Marathon Petroleum Corp.'s MPC -3.16% second-quarter profit slid 27% as higher expenses weighed on » http://www.marketwatch.com/story/marathon-petroleum-net-down-27-on-higher-expenses-2013-08-01
Thursday, August 1, 2013 TransCanada Corp., the country’s second-biggest pipeline operator, plans to go ahead with a C$12 bi » http://www.bloomberg.com/news/2013-08-01/transcanada-to-proceed-with-c-12-billion-pipeline-to-east-coast.html
Thursday, August 1, 2013 China’s edict to more than 1,900 companies to shut excess production capacity by September is the l » http://www.malaya.com.ph/index.php/news/international/37365-china-plan-to-trim-plant-capacities-has-little-impact
Thursday, August 1, 2013 China offered a rare bright spot in an otherwise sluggish Asian manufacturing sector in July with a » http://www.reuters.com/article/2013/08/01/global-economy-idUSL4N0G12JW20130801
Thursday, August 1, 2013 The euro-area unemployment rate remained unchanged in June amid increasing signs the economy is eme » http://www.businessweek.com/news/2013-07-31/euro-region-unemployment-remains-unchanged-as-economy-improves
Thursday, August 1, 2013 West Texas Intermediate crude climbed, capping the biggest monthly gain since August, as inventorie » http://www.businessweek.com/news/2013-07-31/crude-heads-for-best-month-since-august-on-u-dot-s-dot-economic-grow
Thursday, August 1, 2013 Ohio's state utility regulator on Wednesday rejected Ormet Corp's appeal for an expedited decision » http://www.reuters.com/article/2013/07/31/ormet-rates-idUSL1N0G129820130731
Wednesday, July 31, 2013 Federal Reserve officials Wednesday kept the central bank's $85 billion-per-month bond-buying progr » http://online.wsj.com/article/SB10001424127887323681904578640073944682546.html
Wednesday, July 31, 2013 Chinese steel demand is expected to remain weak in the second half of 2013, the country's steel ass » http://www.reuters.com/article/2013/07/31/china-steel-idUSL4N0G10HV20130731
Wednesday, July 31, 2013 The economy in the U.S. grew more than projected in the second quarter, reflecting an unexpected pi » http://www.businessweek.com/news/2013-07-31/economy-in-u-dot-s-dot-expands-more-than-forecast-as-inventories-grow#p2
Wednesday, July 31, 2013 Phillips 66 said Wednesday that second-quarter earnings fell 19 percent as it failed to get the pri » http://www.nbcnews.com/id/52630301/ns/business-us_business/#.UfkgvNLkv3U
Wednesday, July 31, 2013 Aluminium Bahrain presents its financial results as per the International Financial Reporting Stand » http://www.steelguru.com/metals_news/Alba_announces_its_H2_and_Q2_2013_results/320630.html
Wednesday, July 31, 2013 BHP Billiton Ltd. (BHP.AU) has decided against selling a struggling coal-mining operation in easter » http://online.wsj.com/article/BT-CO-20130730-719640.html?mod=googlenews_wsj
Wednesday, July 31, 2013 BP Plc, outlining the rest of the modernization project at the 413,000 barrel per day Whiting, Indi » http://www.reuters.com/article/2013/07/30/bp-whiting-units-idUSL1N0G00T320130730
Tuesday, July 30, 2013 China's steel prices dropped further in June, as output continued to grow in an industry already re » http://africa.chinadaily.com.cn/business/2013-07/29/content_16848622.htm
Tuesday, July 30, 2013 IndianOil will commission its INR300 billion ($5bn) oil refinery project in Paradip, Odisha, by Mar » http://refiningandpetrochemicals.energy-business-review.com/news/indianoil-to-commission-paradip-oil-refinery-by-2014-300713
Tuesday, July 30, 2013 Japan's biggest oil refiner, JX Holdings Inc, plans to refine 1.17 million barrels per day (bpd) of » http://www.reuters.com/article/2013/07/30/energy-japan-jx-idUSL4N0G021J20130730
Tuesday, July 30, 2013 Throughput at Rosneft’s Russian and international refineries amounted to 39.45 million tons of crud » http://www.forbes.com/sites/kenrapoza/2013/07/29/russian-oil-giant-rosneft-sees-18-profit-spike/2/
Monday, July 29, 2013 Power-station coal in China fell to a four-year low as industrial demand declined amid evidence the » http://www.bloomberg.com/news/2013-07-29/china-coal-price-falls-to-four-year-low-amid-economic-slowdown.html
Monday, July 29, 2013 In the second quarter of this year, there were 1,050 new Eagle Ford wells – which means each rig wo » http://fuelfix.com/blog/2013/07/26/four-quarters-4092-new-wells-in-the-eagle-ford-shale/
Monday, July 29, 2013 Trains loaded with crude oil roll through South Texas on a daily basis, ferrying the cargo to coast » http://fuelfix.com/blog/2013/07/28/crude-oil-will-continue-rolling-by-train/
Monday, July 29, 2013 According to the plan, the government would take over the Japanese consortium’s 58.88 percent owner » http://www.thejakartapost.com/news/2013/07/29/government-plans-grand-design-kuala-tanjung-beyond-inalum.html
Monday, July 29, 2013 According to the latest information available from World Steel Association, China’s June crude stee » http://finance.yahoo.com/news/china-june-steel-production-shows-153351252.html
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