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News & Press

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

Industry News
Tuesday, June 11, 2013 Steel output in the European Union bloc of 27 member states was down 6.2% on year in the first four » http://online.wsj.com/article/BT-CO-20130610-703671.html?mod=googlenews_wsj
Tuesday, June 11, 2013 Bosnia’s sole aluminum smelter, Aluminij Mostar, will close on June 17 to the loss of some 900 jobs » http://www.theglobeandmail.com/report-on-business/international-business/european-business/bosnia-loses-biggest-exporter-i...
Tuesday, June 11, 2013 Canadian Oil Sands Ltd , the largest shareholder in Syncrude Canada Ltd, said on Monday that a coke » http://www.reuters.com/article/2013/06/10/syncrude-coker-maintenance-idUSL2N0EM0SP20130610
Tuesday, June 11, 2013 Motiva Enterprises LLC on June 6 said planned maintenance on a delayed coker unit's gas recovery sy » http://online.wsj.com/article/BT-CO-20130606-708219.html
Tuesday, June 11, 2013 Canadian light synthetic crude prices jumped sharply higher on Monday on expectations of lower supp » http://www.reuters.com/article/2013/06/10/markets-canada-crude-idUSL2N0EM1TH20130610
Tuesday, June 11, 2013 Risks are rising that China's economic growth will slide further in the second quarter after weeken » http://in.reuters.com/article/2013/06/09/china-economy-idINL3N0EL0D920130609
Tuesday, June 11, 2013 Employers stepped up hiring a bit in May in a show of economic resilience that suggests the Federal » http://www.reuters.com/article/2013/06/07/us-usa-economy-idUSBRE95607O20130607
Tuesday, June 11, 2013 The Japanese economy grew at a quicker pace than originally reported in the first quarter, accordin » http://money.cnn.com/2013/06/09/news/economy/japan-gdp/
Tuesday, June 11, 2013 Yes, absent CCS, emissions are higher than using coal. But the some 5 to 7 % higher per unit of ele » http://www.forbes.com/sites/timworstall/2013/06/08/detroits-pet-coke-problem-not-that-much-of-a-problem-at-all/
Monday, June 10, 2013 Top global cement producer Lafarge said on 5 June 2013 that it will continue to invest in China, de » http://www.globalcement.com/news/item/1710-lafarge-to-expand-in-china
Monday, June 10, 2013 A major boost to RIL’s bottomline will come from the coke gasification project which is designed to » http://www.dnaindia.com/money/1845906/report-reliance-s-refining-ambition-is-fed-on-coke
Monday, June 10, 2013 Brazil oil company Petroleo Brasilerio (PBR, PETR4.BR), or Petrobras, expects its Comperj refinery » http://www.morningstar.com/advisor/t/75934617/brazil-s-petrobras-pushes-comperj-refinery-startup-to-august-2016.htm
Friday, June 7, 2013 U.S. employers added 175,000 jobs in May, a figure that shows steady hiring but is below the more r » http://www.latimes.com/news/la-fi-us-economy-may-jobs-20130607,0,4587503.story
Friday, June 7, 2013 A strong increase in economic activity in oil and gas exploration and production boosted the fortun » http://fuelfix.com/blog/2013/06/06/oil-industry-driving-economic-booms-in-north-dakota-texas/
Friday, June 7, 2013 Motiva Enterprises LLC on June 6 said planned maintenance on a delayed coker unit's gas recovery sy » http://online.wsj.com/article/BT-CO-20130606-708219.html?mod=googlenews_wsj
Thursday, June 6, 2013 U.S. domestic crude-oil production exceeded imports last week for the first time in 16 years, a gov » http://fuelfix.com/blog/2013/06/05/u-s-crude-output-exceeds-imports-for-first-time-in-16-years/
Thursday, June 6, 2013 European steel companies are at risk of destroying their own industry unless they close mills to cu » http://www.bloomberg.com/news/2013-06-06/europe-steel-companies-destroying-industry-by-keeping-mills-open.html
Thursday, June 6, 2013 China is considering plans to cut coal consumption in some major industrial regions, people familia » http://www.reuters.com/article/2013/06/05/china-pollution-coal-idUSL3N0EG06Z20130605
Thursday, June 6, 2013 Genscape, an oil market intelligence service, said on Wednesday that Exxon Mobil Corp's 238,600 bar » http://in.reuters.com/article/2013/06/05/markets-cancrude-idINL1N0EH28420130605
Thursday, June 6, 2013 BP PLC (BP, BP.LN) on Wednesday said the completion of the modernization project at its Whiting Ref » http://online.wsj.com/article/BT-CO-20130605-711164.html?mod=googlenews_wsj
Wednesday, June 5, 2013 Kinder Morgan Energy Partners is extending a pipeline deeper into the Eagle Ford shale play to prov » http://fuelfix.com/blog/2013/06/03/kinder-morgan-to-extend-eagle-ford-pipeline/
Wednesday, June 5, 2013 A bankruptcy court has approved the sale of Ormet Corp. to a private-equity firm, but the southeast » http://www.dispatch.com/content/stories/business/2013/06/05/sale-of-aluminum-smelter-approved.html
Wednesday, June 5, 2013 Saudi Arabia, Iraq, Kuwait and some other West Asian producers are feeding domestic crude oil refin » http://www.thehindubusinessline.com/industry-and-economy/iran-sanctions-refineries-tap-saudi-arabia-kuwait-iraq-for-crude-...
Wednesday, June 5, 2013 Top global cement producer Lafarge said Wednesday that it will continue to invest in China, despite » http://news.xinhuanet.com/english/business/2013-06/05/c_132433332.htm
Wednesday, June 5, 2013 China is unlikely to implement a proposed ban on imports of lower-quality coal, according to three » http://www.bloomberg.com/news/2013-06-05/china-coal-import-ban-unlikely-on-cost-indonesian-miners-say.html
Wednesday, June 5, 2013 Rates for the biggest coal carriers are poised to rebound from their worst-ever start to a year as » http://www.businessweek.com/news/2013-06-04/ship-rates-rally-seen-in-chinese-drive-for-cleaner-coal-freight
Wednesday, June 5, 2013 Herman Seedorf, refinery manager for Delaware City explained that opponents of the Title V permit c » http://www.newsworks.org/index.php/local/item/55636-delaware-city-refinery-draws-huge-crowd-at-public-hearing-?linktype=hp...
Tuesday, June 4, 2013 Bharat Aluminium Company (Balco), a Vedanta Group company, today said it has appointed Ramesh Nair » http://www.business-standard.com/article/companies/balco-appoints-ramesh-nair-as-chief-executive-officer-113060200126_1.html
Tuesday, June 4, 2013 Aluminium prices that peaked in 2011 have since retreated by over a third. This year, the three-mon » http://www.business-standard.com/article/markets/more-capacity-resting-is-key-to-shoring-up-aluminium-prices-113060301215_...
Tuesday, June 4, 2013 National Aluminium Co Ltd (NALCO), India's third-largest aluminium maker, may operate its sole smel » http://in.reuters.com/article/2013/05/31/india-nalco-smelter-idINL3N0EC2SK20130531
Tuesday, June 4, 2013 Benchmark coal futures prices sank to a 3-year low on Monday in a fall that, if sustained, could ma » http://www.reuters.com/article/2013/06/03/coal-swaps-low-idUSL5N0EF2V620130603
Tuesday, June 4, 2013 Tesoro Corp. has closed its purchase of BP PLC’s 266,000-b/d Carson refinery near Los Angeles and r » http://www.ogj.com/articles/2013/06/tesoro-closes-purchase-of-carson-refinery.html
Monday, June 3, 2013 OPEC signaled growing unease with the U.S. oil boom by starting a study into shale at its meeting i » http://www.bloomberg.com/news/2013-05-31/opec-to-study-u-s-shale-oil-bonanza-as-exporter-concern-rises.html
Monday, June 3, 2013 Abu Dhabi’s Mubadala Development Co. and Investment Corp. of Dubai said they agreed to merge the Un » http://www.businessweek.com/news/2013-06-03/u-dot-a-dot-e-dot-aluminum-smelters-plan-merger-to-form-15-billion-venture
Monday, June 3, 2013 Chinese manufacturing indexes showed small businesses struggling, sapping momentum in the economy a » http://www.bloomberg.com/news/2013-06-02/china-sees-economy-stabilizing-as-manufacturers-signal-expansion.html
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