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Links to previous press releases are below.

News Iron Ore

Vale Brucutu Mine Suspended

On 6 May Vale announced that the Minas Gerais Court of Justice had suspended the previous ruling that had authorized the resumption of mining operations at the Laranjeiras tailings dam and Brucutu mine. Vale has stopped wet processing operations at 30 Mtpa mine.

News Oil

Nigeria’s Nembe Creek Line Suffers New Closure

The 150K b/d Nembe Creek Trunk Line, one of the two pipelines used to transport crude from the oil producing Niger Delta region to the Bonny terminal, has been shut down for the second time since late...

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News Grain,Iron Ore

Brazilian Exports in April

Brazilian iron ore exports in April fell to ten-year low of 18.3 Mt, down 7.5 Mt year-on-year, official data show. The significant drop reflects the disruption to Brazilian iron ore supply after the...

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News Oil

China’s Hengyi Refinery Commences Trial Operations

The 175K b/d Hengyi refinery in Brunei owned by China’s Zhejiang Hengyi group has commenced trial operations, Reuters reports citing Xinhua News Agency. The plant is expected to reach full capacity during 3Q19.


News Oil

Turkey Unable to Replace Iranian Oil Imports in the Near-Term

Turkey will not be able to diversify its oil imports in the near-term after the US ended waivers on purchases from Iran, as existing technology in Turkish refineries must be renewed before utilising...

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News Economy

Eurozone Economic Growth Remains in Decline

The IHS Eurozone Manufacturing Purchasing Managers’ Index (PMI) in April rose 0.4 month-on-month to 47.9, still well below the threshold on 50.0 that separates expansion from contraction, and the second-lowest reading in six years. Continued decline remained the strongest in Germany.

News Coal

Exports of South African Coal in March

Exports of South African coal in March were flat on the year at 7.3 Mt, according to the latest data from IHS. The total featured a 1.8 Mt rise in exports to India to 4.7 Mt, an all-time monthly high....

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News Oil

Russia April Oil Production Statistics

Russia’s oil production dropped 70K b/d m-o-m to 11.23M b/d in April, but was still above the country’s 11.18M b/d output target under the OPEC/non-OPEC supply curbs, Energy Ministry data showed.


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