MassiveIndustry

Claudiu Covrig reflects upon his visit to the new Etihad sugar refinery in Iraq and what it means for the country's future.

Market conditions have generally been very bearish across the entire dry bulk sector for the last six months, largely due to vessel oversupply and plummeting bunker prices.

(Mon, 14 Mar 2016) Total electricity sales in 2015 fell 1.1% from the previous year, marking the fifth time in the past eight years that electricity sales have fallen. The flattening of total electricity sales reflects declining sales in the industrial sector and little or no growth in sales to the residential and commercial building sectors, despite growth in the number of households and growth in commercial building space.

(Fri, 11 Mar 2016) The movement of crude by rail within the United States, including within Petroleum Administration for Defense Districts, reached a high of 928,000 barrels per day (b/d) in October 2014, with most of the shipments originating in the Midwest and going to the East Coast, West Coast, and Gulf Coast regions. Since October 2015, crude-by-rail volumes have declined as production has slowed, as crude oil price spreads have narrowed, and as more pipelines have come online.