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News & Press

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

Industry News
Monday, April 2, 2012 NEW DELHI – Refinery runs at Indian Oil Corp. (530965.BY) rose 4.9% to 1.11 million barrels a day » http://www.foxbusiness.com/news/2012/04/02/indian-oil-refinery-runs-up-4-in-fy12/
Monday, April 2, 2012 (Reuters) - Tesoro Corp's 97,000-barrels-per-day (bpd) Los Angeles-area refinery in Wilmington, Cal » http://www.reuters.com/article/2012/03/30/refinery-operations-tesoro-losangeles-idUSH5E8D9O2L20120330
Monday, April 2, 2012 (Reuters) - India's state-run Mangalore Refinery and Petrochemicals Ltd has raised capacity of its » http://www.reuters.com/article/2012/03/30/india-mrpl-idUSI8E8EE01820120330
Monday, April 2, 2012 (Reuters) - Japan's top oil refiner JX Nippon Oil & Energy Corp plans to refine 6.10 million kiloli » http://www.reuters.com/article/2012/03/30/energy-japan-jx-idUST9E8EM00020120330
Monday, April 2, 2012 Mar 30 (Reuters) - Russian refinery runs rose in February by 1.0 percent on a daily basis from Janu » http://www.reuters.com/article/2012/03/30/russia-energy-runs-idUSL6E8EU1CT20120330
Monday, April 2, 2012 The largest ever refinery expansion in U.S. history is nearing completion in Port Arthur, Texas. Wh » http://www.usnews.com/opinion/blogs/on-energy/2012/03/29/largest-us-refinery-expansion-not-likely-to-lower-gas-prices
Thursday, March 29, 2012 The end of four decades of aluminium smelting in Northumberland will begin later, when the power is » http://www.bbc.co.uk/news/uk-england-tyne-17545827
Thursday, March 29, 2012 March 29 (Reuters) - Following is a table of customs-cleared coking coal imports for February relea » http://www.reuters.com/article/2012/03/29/coal-japan-coking-idUSL3E8ET1KA20120329
Thursday, March 29, 2012 German unemployment fell more than forecast in March, adding to evidence that growth in Europe’s bi » http://www.businessweek.com/news/2012-03-29/german-jobless-fell-in-march-as-economy-showed-resilience
Thursday, March 29, 2012 PARIS—The economies of Europe and North America will diverge in the first half of this year, with E » http://online.wsj.com/article/SB10001424052702303816504577311043529851790.html?mod=googlenews_wsj
Thursday, March 29, 2012 A look at economic developments and activity in major stock markets around the world Wednesday: » http://www.businessweek.com/ap/2012-03/D9TPL7EG0.htm
Thursday, March 29, 2012 (Reuters) - The economy expanded as expected in the fourth quarter while personal income grew at a » http://www.reuters.com/article/2012/03/29/us-usa-economy-gdp-idUSBRE82S0M420120329
Thursday, March 29, 2012 PARIS, March 29 (Reuters) - Following are updated forecasts from the Organisation for Economic Coop » http://www.reuters.com/article/2012/03/29/oecd-economy-idUSL9E7JB01220120329
Thursday, March 29, 2012 (Reuters) - Oil traders still grappling with an unprecedented pipeline bottleneck in the U.S. Midwe » http://www.reuters.com/article/2012/03/29/us-oil-idUSBRE82S04P20120329
Thursday, March 29, 2012 LONDON, March 28 (Reuters) - Diesel and jet fuel premiums in northwest Europe rose on Wednesday, su » http://www.reuters.com/article/2012/03/28/markets-europe-distillates-idUSL6E8ESAAG20120328
Thursday, March 29, 2012 China will let oil companies set fuel prices according to government-guided rates, the official Xin » http://www.bloomberg.com/news/2012-03-28/china-may-let-oil-refiners-set-fuel-prices-sinopec-says.html
Thursday, March 29, 2012 (RTTNews.com) - Essar Oil Ltd. announced that it had completed the Rs.8,300 crore Phase-I expansion » http://www.nasdaq.com/article/essar-oil-completes-expansion-of-vadinar-refinery-project-20120329-00299
Thursday, March 29, 2012 Rising gasoline prices have become a source of finger-pointing and political rhetoric - yet the eco » http://www.chron.com/business/article/For-some-refiners-the-price-of-gasoline-is-too-3442626.php
Thursday, March 29, 2012 Western Canada Select oil weakened after a March 26 fire struck a process unit at Exxon Mobil Corp. » http://www.bloomberg.com/news/2012-03-28/heavy-canadian-oil-weakens-after-exxon-montana-refinery-fire.html
Wednesday, March 28, 2012 Rio Tinto has seen “quite a lot” of interest in aluminium operations earmarked for sale last year, » http://www.iol.co.za/business/international/buyers-eye-rio-tinto-aluminium-assets-1.1265662
Wednesday, March 28, 2012 MILAN, March 27 (Reuters) - Alcoa has agreed to keep its Italian smelter running past the planned c » http://af.reuters.com/article/metalsNews/idAFL6E8ERANT20120327
Wednesday, March 28, 2012 WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke says that without faster economic growth, i » http://www.google.com/hostednews/ap/article/ALeqM5gm_xo_nXo_X2_T9nIUzhxuDI7jFw?docId=e9e81b4c440240e696c34bd2256639df
Wednesday, March 28, 2012 Greece must step up efforts to tighten the budget and overhaul the economy to prevent a second bail » http://www.businessweek.com/news/2012-03-27/asmussen-says-greece-needs-more-political-reform-consensus
Wednesday, March 28, 2012 (RTTNews.com) - Economic contraction in the U.K. during the fourth quarter was worse than estimated » http://www.nasdaq.com/article/uk-gdp-shrinks-more-than-estimated-in-q4-20120328-00182
Wednesday, March 28, 2012 PARIS -- The French economy expanded 0.2% quarter-on-quarter at the end of 2011 slowing from 0.3% g » http://www.marketwatch.com/story/french-gdp-rises-in-final-quarter-of-2011-2012-03-28
Wednesday, March 28, 2012 OSLO – Norwegian oil giant Statoil ASA (STO) is considering closing its Mongstad oil refinery on t » http://www.foxbusiness.com/news/2012/03/28/statoil-considers-closing-mongstad-oil-refinery-report/
Wednesday, March 28, 2012 WICHITA, Kan. — A petroleum refinery and underground storage facility in McPherson County has agree » http://www.joplinglobe.com/local/x1450997642/Kanas-refinery-agrees-to-pay-700-000-penalty
Tuesday, March 27, 2012 NEW YORK (AP) — Americans' rosy outlook about the U.S. economy remains resilient as they focus on t » http://www.google.com/hostednews/ap/article/ALeqM5ggkB32peidvaBQNzhEVgU9LcX0sw?docId=b553ae9d55f24a019a89b7054c82dd43
Tuesday, March 27, 2012 MOSCOW - The World Bank has lowered its forecast for Russian GDP growth this year to 3.5% from the » http://www.kyivpost.com/news/russia/detail/125027/
Tuesday, March 27, 2012 Australians will head quickly back to the polls if the Coalition wins the next federal election but » http://www.canberratimes.com.au/national/abbott-warns-of-a-double-dissolution-over-carbon-tax-20120325-1vsx2.html#ixzz1qHV...
Tuesday, March 27, 2012 The European Bank for Reconstruction and Development backed United Co. Rusal billionaire shareholde » http://www.bloomberg.com/news/2012-03-27/ebrd-backed-vekselberg-in-feud-with-deripaska-kommersant-says.html
Tuesday, March 27, 2012 (Reuters) - Rio Tinto , the world's third largest miner, and Cahya Mata Sarawak have scrapped plans » http://www.reuters.com/article/2012/03/27/riotinto-idUSL3E8ER4QK20120327
Tuesday, March 27, 2012 A Mar. 25 fire at ExxonMobil's 60,000 barrel-a-day refinery in Billings, Montana refinery was extin » http://www.nasdaq.com/article/refinery-status-exxonmobil-montana-refinery-fire-has-little-impact-20120326-01033
Tuesday, March 27, 2012 FRANKFURT — Germany’s famously thrifty consumers may finally be more willing to spend, according to » http://www.nytimes.com/2012/03/27/business/global/german-economy-grew-modestly-in-first-quarter-survey-shows.html?_r=1
Tuesday, March 27, 2012 Spain’s economy is suffering its second recession since 2009, the Bank of Spain said, obstructing t » http://www.bloomberg.com/news/2012-03-27/spanish-economy-enters-second-recession-bank-of-spain-says-1-.html
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