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News & Press

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

Industry News
Friday, July 19, 2013 Hard coking coal production in Australia was 12% lower than the Q2 of 2012. This was largely as a r » http://www.coalguru.com/australia/rio_tinto_updates_on_coal_production_of_q2_2013/11307
Friday, July 19, 2013 Norsk Hydro's part-owned aluminium smelter in Slovakia, Slovalco, has signed a Letter of Intent (Lo » http://www.marketwatch.com/story/norsk-hydros-part-owned-slovalco-smelter-signs-letter-of-intent-for-power-supply-2013-07-...
Friday, July 19, 2013 In his new role, Harvey would focus on the day-to-day operations of Alcoa's 22 aluminium smelters a » http://www.miningweekly.com/article/alcoa-appoints-new-coo-to-manage-aluminium-smelters-2013-07-18
Thursday, July 18, 2013 U.S. refineries used the most crude in almost eight years last week, draining supplies for the thir » http://fuelfix.com/blog/2013/07/17/us-refinery-demand-rises-with-output-at-highest-since-1990/
Thursday, July 18, 2013 The country produced 17.44 million metric tons of crude last month, figures from the National Burea » http://www.bloomberg.com/news/2013-07-18/china-pumps-crude-at-fastest-pace-since-2010-as-oil-prices-climb.html
Thursday, July 18, 2013 The index of U.S. leading indicators was unchanged in June, showing the world’s largest economy may » http://www.bloomberg.com/news/2013-07-18/leading-economic-indicators-index-in-u-s-was-unchanged-1-.html
Thursday, July 18, 2013 BP-Husky (BP, BP.LN, HSE.T) started planned work at the smaller of two coker units at its Toledo Re » http://online.wsj.com/article/BT-CO-20130716-708482.html
Thursday, July 18, 2013 Well Harvest Winning Alumina Refinery — a joint venture between Indonesian conglomerate Harita Grou » http://www.thejakartaglobe.com/business/1-billion-alumina-smelter-in-west-kalimantan-kicks-off/
Wednesday, July 17, 2013 Chevron and Argentinian oil firm YPF have inked a deal to spend $1.2 billion to further develop sha » http://fuelfix.com/blog/2013/07/16/chevron-inks-to-further-develop-shale-resources-in-argentina-1-2b-to-be-spent/
Wednesday, July 17, 2013 Utilities are using less coal, so coal shipments are dropping. And the recent disaster in Quebec, w » http://www.businessweek.com/ap/2013-07-16/rail-investors-eye-coal-demand
Wednesday, July 17, 2013 China's coal output fell 3.7 percent in the first half of 2013, with a sluggish economy piling pres » http://www.reuters.com/article/2013/07/17/china-coal-output-idUSL4N0FN11B20130717
Wednesday, July 17, 2013 The World Bank's board on Tuesday agreed to a new energy strategy that will limit financing of coal » http://www.reuters.com/article/2013/07/16/us-worldbank-climate-coal-idUSBRE96F19U20130716
Wednesday, July 17, 2013 China’s pace of crude oil processing peaked in June, as more refiners in the country completed plan » http://www.energyglobal.com/news/processing/articles/Mid_July_Asia_MiddleEast_downstream_news483.aspx#.UeakxdLkv3U
Wednesday, July 17, 2013 Marathon Petroleum Corp. said Monday its business is being hurt by renewable fuels laws, and it for » http://www.businessweek.com/ap/2013-07-15/marathon-petroleum-expects-weaker-2q-net-income
Wednesday, July 17, 2013 Valero Refinery is currently in the planning stages of a massive $700 million expansion to its St. » http://www.nola.com/business/index.ssf/2013/07/valero_refinery_in_st_charles.html
Tuesday, July 16, 2013 Industrial production rose slightly more than expected in June as manufacturing output picked up sp » http://www.reuters.com/article/2013/07/16/us-usa-economy-output-idUSBRE96F0ML20130716
Tuesday, July 16, 2013 PBF Energy Inc. (PBF)’s growing rail operation at its Delaware City refinery will face a challenge » http://www.bloomberg.com/news/2013-07-15/pbf-delaware-plant-crude-rail-plan-faces-environmental-challenge.html
Monday, July 15, 2013 China's GDP growth slowed in the second quarter to 7.5 percent year-on-year as weak overseas demand » http://www.reuters.com/article/2013/07/15/us-china-economy-gdp-idUSBRE96E01M20130715
Monday, July 15, 2013 U.S. power companies have shut or converted over 15,000 megawatts (MW) of coal-fired power plants s » http://uk.reuters.com/article/2013/07/12/utilities-firstenergy-coal-idUKL1N0FI19L20130712
Monday, July 15, 2013 Reuters reported that Japan's regional power monopolies used 26% more thermal coal in June than a y » http://www.coalguru.com/other_asia/japan_coal_consumption_up_by_26pct_in_june/11178
Monday, July 15, 2013 Reuters reported that India’s thermal coal imports in May rose 18.9% from a year ago but the pace o » http://www.coalguru.com/india/india_may_thermal_coal_imports_up_19pct_on_year/11197
Monday, July 15, 2013 Brazil’s swap rates dropped after a report showed Latin America’s biggest economy contracted in May » http://www.bloomberg.com/news/2013-07-12/brazil-swap-rates-fall-as-economy-shrinks-in-may-real-declines.html
Monday, July 15, 2013 Trade sources said that the recent plunge in freight rates has re-opened the price arbitrage for Co » http://www.coalguru.com/africa_north_america/freight_rates_draw_south_africa_and_colombia_coal_to_asia_traders/11225
Monday, July 15, 2013 West Texas Intermediate crude was little changed as manufacturing in the New York region expanded i » http://www.bloomberg.com/news/2013-07-15/crude-falls-as-u-s-retail-growth-slows-amid-china-data.html
Monday, July 15, 2013 Crude-steel production in China, the world’s biggest consumer of the alloy, fell to a four-month lo » http://www.bloomberg.com/news/2013-07-15/china-june-crude-steel-output-falls-to-four-month-low-on-prices.html
Friday, July 12, 2013 The U.S. Energy Information Administration (EIA) recently released its annual data series tracking » http://www.eurasiareview.com/11072013-us-crude-oil-increasingly-moves-by-barge-truck-and-rail-analysis/
Friday, July 12, 2013 Mexican cement giant Cemex SAB (CX, CEMEX.MX) said Thursday it plans to raise its cement prices in » http://online.wsj.com/article/BT-CO-20130711-711768.html?mod=googlenews_wsj
Thursday, July 11, 2013 Baku, Fineko/abc.az. By Decision #174 the Cabinet Ministers of Azerbaijan has amended the list of V » http://abc.az/eng/news_11_07_2013_74807.html
Thursday, July 11, 2013 U.S. oil production jumped last week to the highest level since January 1992, cutting consumption o » http://www.bloomberg.com/news/2013-07-10/fracking-pushes-u-s-oil-output-to-highest-since-january-1992.html
Thursday, July 11, 2013 Oil supply will outstrip an acceleration in demand growth next year as production outside of OPEC e » http://www.bloomberg.com/news/2013-07-11/iea-sees-20-year-supply-peak-outpacing-demand-in-2014.html
Thursday, July 11, 2013 BP-Husky (BP, BP.LN, HSE.T) started planned work at the smaller of two coker units at its Toledo Re » http://online.wsj.com/article/BT-CO-20130710-708485.html?mod=googlenews_wsj
Thursday, July 11, 2013 AUSTRALIA'S high-cost aluminium production is in the firing line amid sliding prices, with global g » http://www.gladstoneobserver.com.au/news/rio-under-market-pressure-cut-aluminium-production/1939354/
Wednesday, July 10, 2013 Rail shipments of oil and petroleum products jumped 48 percent in the first half of 2013, but the p » http://fuelfix.com/blog/2013/07/10/crude-by-rail-shipments-soaring-but-pace-could-slow/
Wednesday, July 10, 2013 Alaska Gov. Sean Parnell on Tuesday escalated his fight with the Obama administration over potentia » http://fuelfix.com/blog/2013/07/09/alaska-pushing-new-plan-for-anwr-oil-research/
Wednesday, July 10, 2013 The developers of San Antonio’s Mission Rail Park, which will serve the Eagle Ford Shale, said Tues » http://fuelfix.com/blog/2013/07/09/crude-by-rail-gets-a-boost-in-the-permian-basin/
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