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News & Press

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

Industry News
Wednesday, July 3, 2013 Consumer sentiment climbed last week to its highest level in more than five years as Americans beca » http://www.bloomberg.com/news/2013-07-03/consumer-comfort-in-u-s-climbs-to-highest-level-in-five-years.html
Wednesday, July 3, 2013 The decision to close down the century-old historical Digboi Refinery by the management of the Indi » http://www.assamtribune.com/scripts/detailsnew.asp?id=jul0313/state06
Wednesday, July 3, 2013 Montenegro is in talks with unspecified lenders to secure funds to pay two banks owed 102 million e » http://www.reuters.com/article/2013/07/02/montenegro-guarantees-idUSL5N0F82NY20130702
Tuesday, July 2, 2013 New orders for factory goods rose for a second straight month in May, adding to tentative signs of » http://www.reuters.com/article/2013/07/02/us-usa-economy-idUSBRE95O0S520130702
Tuesday, July 2, 2013 Growing U.S. energy independence is driving the biggest drop in crude imports in two decades and ra » http://www.bloomberg.com/news/2013-07-01/ship-rates-drop-as-u-s-oil-imports-fall-most-since-91-freight.html
Tuesday, July 2, 2013 Although the cement industry used only one-quarter of one percent of total U.S. energy, it is the m » http://www.eia.gov/todayinenergy/detail.cfm?id=11911
Tuesday, July 2, 2013 Electricity had to cut at one of BHP Billiton’s aluminium smelters last week, power utility Eskom s » http://ewn.co.za/2013/07/02/Eskom-cuts-power-to-BHP-smelter
Monday, July 1, 2013 Greater use of domestic crude oil from unconventional plays, increased rail transport and more pipe » http://fuelfix.com/blog/2013/06/28/international-and-domestic-crude-oil-prices-are-moving-closer/
Monday, July 1, 2013 Conventional wisdom around town has quoted $5 as the natural gas price needed to increase productio » http://fuelfix.com/blog/2013/07/01/natural-gas-production-remains-stable-despite-falling-prices/
Monday, July 1, 2013 The U.S. energy rig count declined to the lowest level in two months this week, according to Baker » http://www.bloomberg.com/news/2013-06-28/u-s-rig-count-falls-to-lowest-level-in-two-months.html
Monday, July 1, 2013 BP has announced the centerpiece of its $3.8 billion expansion is now in operation, bringing the re » http://www.nwitimes.com/business/local/bp-starts-new-crude-unit-at-whiting-refinery/article_4648e140-9b5e-5d6f-8729-954edc...
Monday, July 1, 2013 National Aluminium Company (Nalco) has cut aluminium prices by around Rs 4,000 per tonne for the » http://www.mydigitalfc.com/news/nalco-cuts-price-hindalco-balco-likely-follow-suit-264
Monday, July 1, 2013 A massive, $4 billion project west of Bakersfield in Kern County that would gasify coal and petrole » http://www.centralvalleybusinesstimes.com/stories/001/?ID=23723
Monday, July 1, 2013 Europe's prolonged economic decline may have stabilised and even rebounded in some areas, business » http://www.lse.co.uk/macroeconomicNews.asp?code=bhl6oi3e&headline=GLOBAL_ECONOMYEurope_and_Japan_show_signs_of_stabilising...
Monday, July 1, 2013 BP's refinery at Cherry Point and the Phillips 66 refinery in Ferndale, both in the northwestern co » http://www.seattlepi.com/business/energy/article/Wash-refineries-readying-for-North-Dakota-oil-4638309.php
Monday, July 1, 2013 ThyssenKrupp (TKAG.DE), Germany's biggest steelmaker, is examining the possibility of selling part » http://www.reuters.com/article/2013/06/29/us-thyssenkrupp-sale-idUSBRE95S06O20130629
Monday, July 1, 2013 COLIN Barnett has delivered a downbeat outlook for Australia's two most valuable export commodities » http://www.theaustralian.com.au/business/in-depth/coal-facing-a-structural-decline/story-fnivd8cj-1226671643971
Monday, July 1, 2013 ABOUT 7000 jobs have been lost from the state's coal sector in the past 15 months as the boom ends » http://www.theaustralian.com.au/news/coal-companies-adjust-to-new-realities-as-gas-insulates-queensland-from-worst-of-glob...
Monday, July 1, 2013 The Montenegrin government filed a court motion on Friday to consider bankruptcy for the country's » http://www.reuters.com/article/2013/06/14/montenegro-kap-idUSL5N0EQ3KS20130614
Monday, July 1, 2013 Big Rivers is also preparing to file a request for a second rate increase, to take effect early nex » http://www.courierpress.com/news/2013/jun/30/big-rivers-rate-hearing-to-start-monday-in/
Monday, July 1, 2013 US-based aluminium major Alcoa on Friday announced it would permanently close its Fusina primary al » http://www.miningweekly.com/article/alcoa-permanently-closes-italian-aluminium-smelter-2013-06-28
Friday, June 28, 2013 New Delhi: India is burning coal in power plants at the fastest pace in 31 years. At the same time » http://www.livemint.com/Industry/XMjjcBwUquyk97VEGVe9nN/India-to-exceed-China-as-worlds-coal-power-buoying-BHP.html
Friday, June 28, 2013 New Delhi: India, the world’s third-largest coal consumer, imported 43% more of the fuel than a yea » http://www.livemint.com/Industry/lF2AA9oL75qn8AoFXAzwsN/Indias-coal-imports-climb-43-in-May-shipping-data-shows.html
Friday, June 28, 2013 Rising water on the Mississippi River will force the U.S. Army Corps of Engineers to close numerous » http://gcaptain.com/rising-mississippi-river-halt/
Friday, June 28, 2013 Citgo Petroleum Corp. said June 27 that its Lemont, Ill., refinery has resolved "support system dis » http://online.wsj.com/article/BT-CO-20130627-708894.html?mod=googlenews_wsj
Friday, June 28, 2013 Glencore Xstrata said on Thursday it has cut back coal production and laid off 450 workers at two o » http://www.reuters.com/article/2013/06/27/glencore-coal-idUSL3N0F30SH20130627
Friday, June 28, 2013 The last remaining company storing petroleum coke on the banks of the Detroit River says it's makin » http://www.cbc.ca/news/canada/windsor/story/2013/06/26/wdr-pet-coke-detroit-bulk-storage-permits.html
Thursday, June 27, 2013 The U.K. said fields of shale gas in northern England are twice as large as previously estimated, o » http://fuelfix.com/blog/2013/06/27/u-k-says-shale-gas-fields-twice-size-of-previous-estimates/
Thursday, June 27, 2013 Repsol SA (REP), Spain’s largest oil driller, said its board rejected an offer by the Argentine gov » http://www.bloomberg.com/news/2013-06-26/repsol-rejects-argentina-s-5-billion-ypf-compensation-offer.html
Thursday, June 27, 2013 Growth in the world’s largest economy was less than originally estimated in the first quarter as an » http://www.bloomberg.com/news/2013-06-26/economy-in-u-s-expanded-less-than-projected-in-first-quarter.html
Thursday, June 27, 2013 Calcined petroleum coke, a key raw material commodity in aluminum production, is at the center of a » http://agmetalminer.com/2013/06/27/aluminum-oversupply-petcoke-production-down/
Thursday, June 27, 2013 Key drivers in the Middle East are infrastructure spending and high oil prices. The crisis in Syria » http://www.worldcement.com/news/cement/articles/Cement_industry_overview_Middle_East_13.aspx
Thursday, June 27, 2013 Newbuilding orders for dry bulk carriers were already high, compared to last year, prior to the lat » http://www.carbonpositive.net/media-centre/industry-updates/1341-dry-bulk-carriers-dominate-newbuilding-orders-as-ship-own...
Thursday, June 27, 2013 The U.K. called on the European Union to assess the impact of pending laws on the region’s struggli » http://www.bloomberg.com/news/2013-06-25/refinery-fitness-check-should-cover-pending-eu-laws.html
Wednesday, June 26, 2013 South African power utility Eskom briefly cut supply to one of BHP Billiton's aluminium smelters on » http://www.iol.co.za/business/companies/eskom-shuts-bhp-smelter-to-save-power-1.1537317#.Ucr7IzvYjSg
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