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News & Press

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

Industry News
Friday, June 22, 2012 AO Rosneft agreed to borrow as much as 100 billion rubles ($3 billion) for five years from VTB Grou » http://www.bloomberg.com/news/2012-06-21/rosneft-borrows-3-billion-for-eni-statoil-deals-refinery-1-.html
Friday, June 22, 2012 A boom in North American oil production will continue to boost profits at U.S. refineries this year » http://www.cbsnews.com/8301-505245_162-57457218/refineries-still-reaping-benefits-of-us-oil-boom/
Thursday, June 21, 2012 Rusal announced Thursday the completion of the first stage of its value-added campaign for its Alum » http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Metals/8422529
Thursday, June 21, 2012 Saudi Arabia's unexpected surge in oil exports to the United States this year has fallen into quest » http://www.reuters.com/article/2012/06/21/us-saudi-oil-refinery-idUSBRE85K06720120621
Thursday, June 21, 2012 Algerian state energy group Sonatrach will completely close its 335,000 barrel-per-day refinery at » http://af.reuters.com/article/investingNews/idAFJOE85K01220120621?feedType=RSS&feedName=investingNews
Thursday, June 21, 2012 Saudi Aramco SDABO.UL Chief Executive Khalid Al-Falih said the total cost of expanding the Motiva E » http://royaldutchshellplc.com/2012/06/20/motiva-expansion-cost-in-range-of-10-billion-saudi-aramco-ceo-2/
Wednesday, June 20, 2012 (Reuters) - Formosa group said that a power outage at its giant Mailiao refinery complex in central » http://www.reuters.com/article/2012/06/20/formosa-idUST8E8GP01T20120620
Wednesday, June 20, 2012 HOUSTON, June 19 (Reuters) - Motiva faces deepening woes at its Texas refinery with sources saying » http://in.reuters.com/article/2012/06/20/refinery-operations-motiva-portarthur-idINL1E8HJDJV20120620
Tuesday, June 19, 2012 United Company RusAl and the Export-Import Bank of China have signed a cooperation agreement on a R » http://www.themoscowtimes.com/business/article/rusal-in-850m-finance-deal-with-chinese-bank-to-build-siberian-factory/4606...
Tuesday, June 19, 2012 Japan's prime minister gave approval to restart the first two of Japan's now-idled fleet of nuclear » http://www.elp.com/index/display/article-display/4769756044/articles/electric-light-power/generation/nuclear/2012/June/Jap...
Tuesday, June 19, 2012 China’s commerce minister said his nation’s economy is heading for a rebound this month following g » http://www.bloomberg.com/news/2012-06-19/china-sees-june-growth-rebound-after-stimulus-measures-economy.html
Tuesday, June 19, 2012 American exporters from Dow Chemical Co. (DOW) to Hewlett-Packard Co. are preparing for a further d » http://www.bloomberg.com/news/2012-06-18/europe-crisis-imperils-u-s-sales-from-chemicals-to-pcs-economy.html
Tuesday, June 19, 2012 Spot ADC12 aluminum alloy offers from Europe to Japanese buyers have decreased over the past two we » http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Metals/8411427
Tuesday, June 19, 2012 (Reuters) - Extensive corrosion, that may require up to five months to repair, has been found insid » http://in.reuters.com/article/2012/06/18/refinery-operations-motiva-portarthur-idINL1E8HIFJA20120618
Tuesday, June 19, 2012 Russia's RUSAL, the world's biggest aluminum producer, is prepared to cut output and costs this yea » http://in.reuters.com/article/2012/06/19/us-aluminium-russia-idINBRE85I0GP20120619
Tuesday, June 19, 2012 taly's refinery capacity is currently between 20% and 25% more than is needed as demand remains wea » http://www.foxbusiness.com/news/2012/06/18/italy-current-refinery-overcapacity-at-least-25-association/
Tuesday, June 19, 2012 June 18 (Reuters) - U.S. regional refined product margins were up by about 3 percent on average, sh » http://www.reuters.com/article/2012/06/18/refinery-margins-usa-idUSL1E8HI2JB20120618
Monday, June 18, 2012 Eskom will allow BHP Billiton [JSE:BIL] to produce aluminium using subsidised electricity, even if » http://www.fin24.com/Companies/Industrial/Dames-Smelters-will-continue-to-operate-20120617
Monday, June 18, 2012 Faced with a gloomy global economy, many giant aluminum businesses decided to curtail their product » http://www.chinadaily.com.cn/cndy/2012-06/18/content_15508061.htm
Monday, June 18, 2012 Globally diversified miner Anglo American PLC (AAL.LN) said Thursday that current coking coal price » http://www.foxbusiness.com/news/2012/06/14/anglo-american-met-coal-pricing-more-focused-on-supplies-than-demand/
Monday, June 18, 2012 LONDON, June 17 (Reuters) - Hong Kong Exchanges and Clearing Ltd (HKEx), the prospective buyer of t » http://af.reuters.com/article/metalsNews/idAFL5E8HHA0F20120617
Monday, June 18, 2012 HOUSTON, June 15 (Reuters) - The operator of the largest U.S. oil refinery said on Friday it did no » http://www.reuters.com/article/2012/06/15/refinery-operations-motiva-portarthur-idUSL1E8HF8RQ20120615
Friday, June 15, 2012 The only thing holding Century Aluminum back from restarting its smelter plant in Ravenswood, if th » http://www.wowktv.com/story/18789393/with-lives-and-a-community-on-the-line-some-wonder-whether-century-will-open-again
Friday, June 15, 2012 SYDNEY – More Australian aluminum smelters will close if there isn't a coordinated state and feder » http://www.foxbusiness.com/news/2012/05/23/australian-union-says-expect-more-aluminum-smelter-closures/
Friday, June 15, 2012 DUISBURG, Germany, June 14 (Reuters) - German imports of hard coal are likely to fall by seven perc » http://www.reuters.com/article/2012/06/14/germany-coal-idUSL5E8HE3KT20120614
Friday, June 15, 2012 India is seeking extra oil supplies from OPEC members Saudi Arabia, Qatar and Algeria, as the count » http://business-standard.com/india/news/india-seeks-more-oilopec-members-except-iran/174778/on
Friday, June 15, 2012 The Hong Kong stock exchange has struck a deal to buy the London Metal Exchange for £1.39bn (1.7bn » http://www.bbc.co.uk/news/business-18455901
Friday, June 15, 2012 (Reuters) - Taiwan's Formosa Petrochemical Corp will raise the average utilization rates at its 540 » http://www.reuters.com/article/2012/06/15/taiwan-refinery-formosa-idUSL3E8HF1BB20120615
Friday, June 15, 2012 (Reuters) - Sinopec Corp, Asia's largest refiner, and South Korea's S-Oil Corp will process less cr » http://www.reuters.com/article/2012/06/14/sinopec-throughput-idUSL3E8HE62M20120614
Thursday, June 14, 2012 Essar Group, owned by billionaire brothers Shashi and Ravi Ruia, is targeting $35 billion in revenu » http://www.bloomberg.com/news/2012-06-13/essar-sees-35-billion-sales-on-singh-investment-pledge.html
Thursday, June 14, 2012 Global aluminum smelting overcapacity will continue to persist over the next two to three years des » http://futures.tradingcharts.com/news/futures/DJ_Global_Aluminum_Smelting_Overcapacity_To_Persist___Analyst_180152794.html
Thursday, June 14, 2012 NEW YORK, June 12 (Reuters) - The global aluminum market will be more balanced this year and could » http://uk.reuters.com/article/2012/06/12/aluminum-rio-tinto-deficit-idUKL1E8HCC1L20120612
Thursday, June 14, 2012 Indian steel companies show trends of increasing coking coal imports as better supplies have helped » http://www.business-standard.com/india/news/steel-companies-stepcoking-coal-importseasingprice/477224/
Thursday, June 14, 2012 Russia’s economy grew last quarter at the fastest pace since the three months ended September 2011 » http://www.bloomberg.com/news/2012-06-14/russia-s-gdp-grew-4-9-in-first-quarter-matching-first-estimate.html
Thursday, June 14, 2012 China's annual economic growth could fall below 7 percent in the second quarter if weak activity pe » http://www.cnbc.com/id/47793241
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