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News & Press

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

Industry News
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
Tuesday, May 7, 2013 Exxon Mobil Corp said on Monday that the crude distillation unit would be included in a multi-week » http://www.brecorder.com/business-a-finance/industries-a-sectors/118252-exxon-says-overhauling-la-refinery-crude-unit.html
Monday, May 6, 2013 India's NALCO may have to cut its daily aluminium output by 25 percent due to coal supply shortages » http://www.reuters.com/article/2013/05/05/india-nalco-idUSL3N0DM05B20130505
Monday, May 6, 2013 Russia-based Mechel OAO’s (MTL) mining unit’s trading subsidiary – Mechel Carbon (Singapore) Pte. L » http://in.finance.yahoo.com/news/mechel-posco-coking-coal-supply-173003935.html
Monday, May 6, 2013 Growth in China's services sector slowed sharply in April to its lowest point since August 2011, a » http://www.reuters.com/article/2013/05/06/us-china-economy-services-pmi-idUSBRE94501020130506
Monday, May 6, 2013 The U.S. economy looks better placed to withstand a slowdown projected for the second quarter as th » http://www.bloomberg.com/news/2013-05-04/job-gains-to-help-buffer-u-s-economy-through-slowdown.html
Monday, May 6, 2013 Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected rec » http://www.washingtonpost.com/business/eu-predicts-eurozone-recession-to-continue-in-2013-unemployment-to-stay-high/2013/0...
Monday, May 6, 2013 Chinese coal miners are likely to cut output more to curb losses after a flood of cheap imports and » http://uk.reuters.com/article/2013/05/06/china-coal-production-idUKL3N0D92K420130506
Monday, May 6, 2013 Australian thermal coal benchmark prices rose slightly this week despite continuing sluggish demand » http://www.reuters.com/article/2013/05/03/coal-asia-idUSL3N0DD64P20130503
Monday, May 6, 2013 Exxon Mobil Corp. ( XOM ) said Thursday that several process units at its refinery in Torrance, Cal » http://www.nasdaq.com/article/refinery-status-exxon-torrance-refinery-beginning-maintenance-20130503-00711
Friday, May 3, 2013 Manufacturing across the world stumbled last month, underlining the fragility of the global economy » http://www.reuters.com/article/2013/05/02/global-economy-pmi-idUSL6N0DJ1EK20130502
Friday, May 3, 2013 The labor market rebounded last month as the U.S. economy added 165,000 net new jobs and the unempl » http://www.latimes.com/business/money/la-fi-mo-unemployment-rate-jobs-economy-20130503,0,973835.story
Friday, May 3, 2013 European power prices dropped to records as thermal coal slumped to the cheapest level in almost th » http://www.bloomberg.com/news/2013-05-02/european-power-for-2014-slides-to-record-as-coal-prices-decline.html
Friday, May 3, 2013 The chief executive of the newly merged Glencore Xstrata (GLEN.LN) said it may take five years to d » http://www.foxbusiness.com/news/2013/05/02/glencore-xstrata-success-will-depend-on-intergration-coal-price-ceo/
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