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News & Press

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

Industry News
Thursday, May 16, 2013 The International Energy Agency’s reduced forecast for expansion in global refining may temper expe » http://www.businessweek.com/news/2013-05-15/iea-s-refinery-growth-cut-seen-curbing-product-tanker-optimism
Wednesday, May 15, 2013 Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Tuesd » http://www.foxbusiness.com/news/2013/05/15/brazil-petrobras-order-could-halt-construction-comperj-refinery/
Wednesday, May 15, 2013 Industrial production declined in April by the most in eight months, indicating American manufactur » http://www.bloomberg.com/news/2013-05-15/industrial-production-in-u-s-declines-by-most-in-eight-months.html
Wednesday, May 15, 2013 The agency said that "US coal exports, which had been steadily growing since 2009 on an annual basi » http://www.coalguru.com/north_america/eia_sees_us_coal_exports_falling_from_2012_record/9686
Wednesday, May 15, 2013 Houston energy giant Kinder Morgan submitted a proposal to dredge a berth at its Newport News coal » http://www.coalguru.com/north_america/kinder_morgan_plan_to_dredge_newport_news_coal_terminal/9701
Wednesday, May 15, 2013 China's crude steel output hit 65.65 million tonnes in April, down slightly from a record high a mo » http://www.reuters.com/article/2013/05/15/china-steel-output-idUSL3N0DW3PR20130515
Wednesday, May 15, 2013 The euro zone economy shrank more than expected in the first three months of 2013, official data sh » http://www.nytimes.com/2013/05/16/business/global/germany-france-economic-data.html?_r=0
Tuesday, May 14, 2013 The offices of several firms involved in the oil market have been raided by European Commission off » http://www.bbc.co.uk/news/business-22530379
Tuesday, May 14, 2013 Natural gas will increase its share of road transport fuels to 2.5 percent in 2018 from 1.4 percent » http://www.bloomberg.com/news/2013-05-14/natural-gas-to-make-up-2-5-of-transport-fuel-by-2018-iea-says.html
Tuesday, May 14, 2013 The U.S. shale boom will send “shockwaves” through the global oil trade over the next five years, b » http://fuelfix.com/blog/2013/05/14/iea-sees-u-s-oil-shockwaves-ousting-opec-as-supply-driver/
Tuesday, May 14, 2013 The aluminum market remains awash with metal, even as the world’s top producer United Co Rusal 0486 » http://blogs.wsj.com/moneybeat/2013/05/14/aluminum-struggles-with-oversupply/
Tuesday, May 14, 2013 U.S. power company AES Corp said its units expect to retire or repower several coal-fired units in » http://www.reuters.com/article/2013/05/13/utilities-aes-coal-idUSL2N0DU1PH20130513
Tuesday, May 14, 2013 Exxon Mobil Corp. (XOM) took down the crude distillation unit and other equipment during the mainte » http://www.foxbusiness.com/news/2013/05/13/exxon-mobil-torrance-refinery-maintenance-includes-crude-distillation-and-coker/
Monday, May 13, 2013 Federal officials on Friday celebrated the success of a government-backed project in Port Arthur th » http://fuelfix.com/blog/2013/05/10/port-arthur-project-called-milestone-achievement-for-carbon-capture/
Monday, May 13, 2013 Ormet Corp. (ORMTQ), the operator of an Ohio aluminum smelter, canceled a bankruptcy auction and wi » http://www.businessweek.com/news/2013-05-09/ormet-to-sell-assets-to-only-bidder-wayzata-for-221-million
Monday, May 13, 2013 The smelter owner, New Zealand Aluminium Smelters, says it will appeal an Employment Relations Auth » http://tvnz.co.nz/business-news/tiwai-point-smelter-losing-millions-every-month-5435679
Monday, May 13, 2013 Traders in the region at that time said Shell had shut the Martinez refinery's delayed coker unit, » http://online.wsj.com/article/BT-CO-20130510-708992.html
Monday, May 13, 2013 Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announces that its Board of Directors approved » http://www.sacbee.com/2013/05/09/5409186/ecopetrol-approves-additional.html#storylink=cpy
Monday, May 13, 2013 At least five refineries in Northwest Europe and the Mediterranean have been reducing output since » http://www.reuters.com/article/2013/05/10/refineries-cut-idUSL6N0DR24120130510
Monday, May 13, 2013 China’s crude processing fell to the lowest level in eight months in April as refineries shut units » http://www.businessweek.com/news/2013-05-13/china-oil-refining-falls-to-eight-month-low-power-output-gains
Monday, May 13, 2013 U.K. construction output fell to its lowest level in more than 14 years in the first quarter as wor » http://www.businessweek.com/news/2013-05-10/u-dot-k-dot-construction-fell-to-lowest-since-1998-in-first-quarter
Monday, May 13, 2013 Australian thermal coal benchmark prices inched up slightly this week as enquiries from top importe » http://www.reuters.com/article/2013/05/10/coal-asia-idUSL3N0DR26720130510
Monday, May 13, 2013 BHP Billiton Ltd. (BHP), the world’s biggest exporter of steelmaking coal, may face a drop in contr » http://www.businessweek.com/news/2013-05-12/coking-coal-contracts-seen-slipping-to-record-low-survey-shows
Monday, May 13, 2013 Phillips 66 (PSX) shut down some units and decreased production on others Saturday after a power ou » http://www.foxbusiness.com/news/2013/05/11/phillips-66-has-power-outage-at-sweeny-refinery-filing/
Friday, May 10, 2013 Gasoline on the spot market in California weakened as Royal Dutch Shell Plc (RDSA)’s Martinez refin » http://www.bloomberg.com/news/2013-05-09/san-francisco-gasoline-weakens-as-shell-martinez-restarts-coker.html
Friday, May 10, 2013 Manufacturing output, which accounts for 7pc of the UK economy, rose by 1.1pc, following a 0.7pc in » http://www.telegraph.co.uk/finance/economics/10046007/Manufacturing-helps-UK-industrial-output-jump-in-March.html
Friday, May 10, 2013 Up to half of the coal companies in Ordos, one of the major domestic coal producing regions in the » http://www.chinadaily.com.cn/business/2013-05/10/content_16489733.htm
Friday, May 10, 2013 Saudi Aramco’s 400,000 barrels per day (bpd) Yanbu refinery has come back online after nearly two-m » http://english.alarabiya.net/en/business/economy/2013/05/10/Cleaner-Saudi-Yanbu-refinery-back-online.html
Thursday, May 9, 2013 U.S. crude inventories probably rose from a 82-year high as domestic output remained near the most » http://fuelfix.com/blog/2013/05/08/crude-supplies-climb-from-82-year-high-in-analyst-survey/
Thursday, May 9, 2013 Officials in the North Carolina county that's home to a closed Alcoa Inc. aluminum smelter are weig » http://www.businessweek.com/ap/2013-05-06/nc-county-may-end-alcoa-dam-licensing-fight
Thursday, May 9, 2013 German industrial production unexpectedly rose for a second month in March in a further sign that E » http://www.bloomberg.com/news/2013-05-08/german-industrial-production-unexpectedly-gains-for-second-month.html
Wednesday, May 8, 2013 Vale SA, the world's biggest iron ore miner, hopes to boost sales to the U.S. steel industry, which » http://www.reuters.com/article/2013/05/07/vale-us-steel-idUSL2N0DO27A20130507
Wednesday, May 8, 2013 India's coal imports rose by nearly a third to a record 135 million tonnes in the last fiscal year, » http://www.reuters.com/article/2013/05/08/india-coal-imports-idUSL3N0DO2XD20130508
Tuesday, May 7, 2013 Australia's central bank cut its key interest rate by 25 basis points on Tuesday to a record low of » http://www.cnbc.com/id/100713302
Tuesday, May 7, 2013 Kinder Morgan Energy Partners LP is expanding its Sweeny Lateral pipeline running between the Kinde » http://www.ogj.com/articles/2013/05/kmep-expanding-crude-lateral-to-sweeny-refinery.html
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