News & Press - Worley Consulting

News & Press

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

Industry News
Monday, October 26, 2015 Watts Bar nuclear reactor granted operating license; first new U.S. reactor in 19 years » Federal regulators have approved an operating license for TVA's Watts Bar Unit 2, allowing the first new American nuclear...
Monday, October 26, 2015 The End Of The European Refining Boom Or Just A Pause? » It’s been a painful year for energy investors with most oil-related stocks down significantly. One of the few except...
Thursday, October 22, 2015 (0 Comments - view/add) Inalum to issue US$400 million bond to build new power plant » Jakarta (ANTARA News) - State-owned aluminum smelter PT Inalum plans to issue bonds valued at US$400 million in 2017 to ra...
Thursday, October 22, 2015 (0 Comments - view/add) Chinalco plans shutdown of biggest aluminum smelter: report » HONG KONG, Oct 16 (Reuters) - Aluminum Corp of China (Chinalco), the country's top producer of the metal, plans to shut do...
Thursday, October 22, 2015 (0 Comments - view/add) Hydro CEO says no recovery in sight for aluminium price » OSLO Oct 21 (Reuters) - Norway's Norsk Hydro, one of the world's largest makers of aluminium, does not expect the price o...
Tuesday, October 20, 2015 The Push to Repeal the Crude Export Ban Shows Shale Companies Are Getting Desperate » Oil producers and their friends in Washington are lobbying hard to lift restrictions on the export of crude oil. Two weeks...
Tuesday, October 20, 2015 Fears for China’s economy overplayed, says HSBC » Volatility in China’s markets is inevitable as it implements reforms and its economy is unlikely to have a “hard landing,”...
Tuesday, October 20, 2015 Phillips 66 delays Sweeny startup after mechanical failure » A temporary mechanical failure caused Phillips 66 to delay the startup of its new natural gas liquids fractionator southwe...
Tuesday, October 13, 2015 Coke breeze causes concern on Detroit waterfront » DETROIT - There are huge piles of what is known as "Coke breeze" near the Detroit River and the people living nearby are c...
Tuesday, October 13, 2015 Saudi Aramco considers new Yanbu refining complex » ALKHOBAR: Saudi Aramco is considering building a $20 billion refining and petrochemical complex at Yanbu on the Red Sea co...
Tuesday, October 13, 2015 Refining margins: Bucking the historical norm » Refining margins typically improve when crude oil prices experience a structural decline, as refined product prices lag th...
Monday, October 12, 2015 Storage piles of coal-based byproduct prompt concerns » The storage of a coal-based byproduct along the Detroit River that city officials said was initially there without permiss...
Monday, October 12, 2015 Piles again rise along Detroit River — but not pet coke » Those black piles that have recently appeared along the Detroit River are not a reprise of the petroleum coke controversy...
Monday, October 12, 2015 Goa Carbon resumes operations at Paradeep Unit » Goa Carbon has resumed its operations at Paradeep unit with effect from October 11, 2015. The said unit located at Jagatsi...
Monday, October 12, 2015 Support for crude oil exports is eroding » Rep. Gene Green, D-Texas said the legislation needs stronger safeguards for refineries. http://www.expressnews....
Monday, October 12, 2015 Low oil prices reshaping the world economy » Cheap oil is becoming the norm for the world, radically changing the dynamics of the global economy. http://asia...
Monday, October 12, 2015 Oil Drillers Bet Choking Wells Will Keep Shale From Going Bust » The Canadian producer is among a growing number of companies that are restricting initial output -- a process known as cho...
Thursday, October 8, 2015 Thermal coal prices close to rock bottom: Citi analysts » Thermal coal prices are close to rock bottom as coal producers have squeezed almost all of the gains from increased produc...
Thursday, October 8, 2015 Five-year deadline for clean coal: International Energy Agency » The coal industry has less than five years to prove “clean-coal” technologies are commercially viable or face demand const...
Thursday, October 8, 2015 Met Coal: The Outcome Is Certain, The Timing Is Not » Met coal prices remain under pressure despite previously announced production cutbacks. http://seekingalpha.com/...
Thursday, October 8, 2015 China's coal industry » The October-December trading period after China's Golden Week holidays is a crucial time of year for thermal coal shippers...
Thursday, October 8, 2015 US refining rates, demand slip to multi-month lows » Oil retreated after a government report showed that US crude inventories and production climbed. http://www.hydr...
Thursday, October 8, 2015 US Refinery Inputs Contributed to Crude Oil Inventory Build » In its weekly report on October 7, 2015, the EIA (U.S. Energy Information Administration) reported that US crude oil refin...
Thursday, October 8, 2015 $50 Oil: So Close, Yet Oh So Far » Oil prices pulled back from a one-month high on Wednesday, as yet another rally fizzled on a muddled supply outlook. ...
Thursday, October 8, 2015 Protest against Rio Tinto » Close to one hundred employees of Rio Tinto Alcan Iceland LTD, which operates the aluminum smelter in Straumsvík, Southwes...
Thursday, October 8, 2015 Russian Crude Oil More Than Halves In Price in Past Year » From January to September 2015, the average price of Russian crude oil was $54.41 per barrel against $105.07 per barrel in...
Wednesday, October 7, 2015 PSC Issues Management Audit of Big Rivers Electric Corp. » Big Rivers Electric Corp. will need to move more aggressively in coming years to mitigate the loss of its two largest cust...
Wednesday, October 7, 2015 Work to begin on Motiva’s $500M Maurepas Pipeline by end of this year » Construction will begin on Motiva’s $500 million Maurepas Pipeline in the fourth quarter of this year. http://ww...
Wednesday, October 7, 2015 Colombia shifts to light crude imports for refining » Colombia is following Latin American crude producers including OPEC members Venezuela and Ecuador in a strategy of importi...
Wednesday, October 7, 2015 European refining margins sink to one-year low » Benchmark European refining margins dropped on Monday to their lowest level in nearly a year as oil product stocks in the...
Wednesday, October 7, 2015 V.I. government objects to deal to give HOVENSA owners millions » In addition to issues the V.I. government raised about HOVENSA's proposed bidding procedures for a bankruptcy sale, the V....
Wednesday, October 7, 2015 UPDATE 1-Paraguana refineries to restart processing units by Thursday -PDVSA » The president of Venezuela's state oil company PDVSA said on Monday crude was circulating at the 955,000-barrel-per-day Pa...
Wednesday, October 7, 2015 City councilman proposes selling JEA » City councilman Matt Schellenberg submitted legislation to Mayor Alvin Brown Thursday, proposing that the city sell JEA. C...
Wednesday, October 7, 2015 Total sees more refiners closing in Europe beyond 2015 » More oil refineries need to close in Europe to shrink overcapacity despite good refining margins seen over the past year,...
Wednesday, October 7, 2015 JEA restructure could net $32M; former Brown chief of staff says report is ‘vindication’ » In February 2014, Mayor Alvin Brown pitched a pension reform plan. http://www.jaxdailyrecord.com/showstory.php?S...
View "All News Items" »