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News & Press

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

Industry News
Monday, January 16, 2012 Saudi Aramco expects to raise its refining capacity to 8 million barrels per day (bpd) as it... » http://af.reuters.com/article/energyOilNews/idAFL6E8CE0C820120114?sp=true
Monday, January 16, 2012 Soda ash players find high input costs continue to make a dent in their margins. » http://www.business-standard.com/india/news/soda-ash-firms-takehit-as-input-costs-rise/461768/
Monday, January 16, 2012 The developer of a $10 billion proposed oil refinery near Elk Point, S.D., on Friday filed paperwor » http://www.siouxcityjournal.com/news/local/hyperion-developer-ends-land-options-for-acres/article_240fde48-3765-54d7-9552-...
Monday, January 16, 2012 U.S. aluminium giant Alcoa said on Friday it will push ahead with its plans to close... » http://af.reuters.com/article/metalsNews/idAFL6E8CD1QS20120113?sp=true
Monday, January 16, 2012 China will curb the expansion of smelters producing nonferrous metals including... » http://www.bloomberg.com/news/2012-01-16/china-to-curb-nonferrous-metal-production-growth-through-2015.html
Friday, January 13, 2012 The White House said on Thursday that finding an alternate route for the Keystone XL oil pipeline f » http://af.reuters.com/article/energyOilNews/idAFL1E8CCGZN20120112
Thursday, January 12, 2012 A European Union embargo on imports of Iranian (OPCRIRAN) oil will probably be delayed for six mont » http://www.bloomberg.com/news/2012-01-12/european-union-oil-embargo-of-iran-said-likely-to-be-delayed-by-six-months.html
Thursday, January 12, 2012 Turcas Petrol AS, a Turkish fuel retailer, will seek as much as $4 billion in loans in the second h » http://www.businessweek.com/news/2012-01-11/turcas-socar-seek-loan-for-5-billion-turkish-oil-refinery.html
Wednesday, January 11, 2012 Ivanhoe Energy Inc. is selling gas assets in China to better focus on its oil prospects around the » http://www.calgaryherald.com/business/Calgary+based+Ivanhoe+Energy+sells+focuses+oilsands/5980550/story.html?cid=megadrop_...
Wednesday, January 11, 2012 In an indication of the waning interest in the Indian power sector, state-owned Indian Oil Corp. Lt » http://www.livemint.com/2012/01/10230936/Indian-Oil-drops-plans-to-ente.html
Wednesday, January 11, 2012 Aluminum prices may rise to as much as a six-month high by the end of the quarter as processing com » http://www.bloomberg.com/news/2012-01-10/aluminum-may-rise-to-six-month-high-this-quarter-on-demand-vedanta-says.html
Wednesday, January 11, 2012 Norsk Hydro ASA, Europe’s third- largest aluminum maker, plans to cut the capacity of its Kurri Kur » http://www.businessweek.com/news/2012-01-11/norsk-hydro-plans-to-cut-output-at-australia-aluminum-plant.html
Wednesday, January 11, 2012 Rio Tinto’s hopes of selling its aluminum assets, possibly via an initial public offering or... » http://blogs.wsj.com/dealjournalaustralia/2012/01/11/rival-sours-rios-aluminum-sale-hopes/
Wednesday, January 11, 2012 Venezuelan President Hugo Chavez said on Sunday that his country would not recognize... » http://www.reuters.com/article/2012/01/08/us-venezuela-exxonmobil-idUSTRE80701V20120108
Tuesday, January 10, 2012 The Senate will take up Alpine's waste-to-energy project in two hearings before the Committee... » http://virginislandsdailynews.com/news/senate-to-hold-lease-and-funding-hearings-for-alpine-1.1255039#axzz1j3sjogvC
Monday, January 9, 2012 The presidents of Venezuela and Peru have reached an agreement for the Peruvian state oil company.. » http://www.washingtonpost.com/world/americas/peru-to-invest-in-venezuelas-orinoco-oil-belt-venezuelans-to-study-help-on-pe...
Monday, January 9, 2012 A surge in oil prices because of a supply disruption in the Middle East would represent a “selling » http://www.businessweek.com/news/2012-01-08/morgan-stanley-sees-selling-opportunity-should-oil-surge.html
Monday, January 9, 2012 Saudi Aramco is set to sign a final deal with China's Sinopec Group on January 14, to build a new.. » http://www.ameinfo.com/286169.html
Monday, January 9, 2012 Essar Oil, a subsidiary of Essar Energy, today announced the successful commissioning of the... » http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/essar-oils-vadinar-refinery-capacity-to-increase-...
Friday, January 6, 2012 Kobe Steel Ltd., Japan’s fourth- largest steelmaker, said it is keen to combine its aluminum... » http://www.businessweek.com/news/2012-01-05/kobe-steel-may-seek-domestic-partner-for-aluminum-copper.html
Thursday, January 5, 2012 Australian conglomerate Wesfarmers said on Thursday it had settled its quarterly contracts for hard » http://af.reuters.com/article/energyOilNews/idAFL3E8C5ESU20120105
Thursday, January 5, 2012 Bankrupt primary aluminum producer ZALCO is in talks with eight potential buyers for a takeover... » http://www.reuters.com/article/2012/01/04/us-zalco-aluminium-idUSTRE8031C720120104
Tuesday, January 3, 2012 The Environmental Protection Agency must delay implementing rules on interstate air pollution... » http://www.star-telegram.com/2011/12/30/3625675/federal-court-orders-epa-to-delay.html#storylink=cpy
Tuesday, January 3, 2012 Total SA, France’s largest oil company, acquired a $2.32 billion holding in Ohio’s Utica shale regi » http://www.businessweek.com/news/2012-01-03/total-buys-2-3-billion-utica-shale-stake-from-chesapeake.html
Tuesday, January 3, 2012 As India is targeting steel capacity of 200 million tonnes (mt) by 2020, a major concern staring in » http://www.business-standard.com/india/news/sustaining-coke-supplyworry-for-steel-firms/460550/
Thursday, December 29, 2011 As part of the country’s ongoing drive to boost its economic growth, state electricity company PT P » http://www.thejakartapost.com/news/2011/12/29/industry-gets-boost-3-new-power-plants.html
Wednesday, December 28, 2011 Reduced refining activity in the US Northeast, as reflected in recently announced plans to idle mor » http://www.ogj.com/articles/2011/12/eia-sees-impacts-from-idling-half-of-northeasts-refining-capacity.html
Wednesday, December 28, 2011 Much flutter has focused on the Keystone XL pipeline over the last year in eastern Montana... » http://www.examiner.com/economy-in-billings/new-plan-to-send-bakken-crude-to-east-coast-refineries-starting-january
Wednesday, December 28, 2011 LaFarge North America is slated to receive a $300,000 state grant that will aid the national... » http://www.mcall.com/news/nationworld/pennsylvania/mc-lehigh-county-lafarge-20111227,0,3668861.story
Tuesday, December 27, 2011 Dismissing reports that Coal India (CIL) is not dispatching adequate coal to power plants... » http://articles.economictimes.indiatimes.com/2011-12-26/news/30558917_1_coal-stock-power-stations-coal-minister-sriprakash...
Tuesday, December 27, 2011 Coal India Ltd is believed to be gearing up to introduce the internationally-accepted gross calorif » http://www.thehindubusinessline.com/companies/article2747188.ece
Tuesday, December 27, 2011 Indonesia, a major global producer of raw materials, will look to introduce export taxes for coal a » http://www.thejakartaglobe.com/business/indonesia-plans-export-tax-on-coal-base-metals-in-2012/486731
Tuesday, December 27, 2011 Indonesia’s coal sector held up well during the economic global crisis in 2011 thanks to... » http://www.thejakartaglobe.com/business/demand-to-continue-stoking-indonesian-coals-growth/487407
Tuesday, December 27, 2011 Swiss oil refiner Petroplus Holdings said lenders had frozen about $1 billion in a revolving credit » http://www.reuters.com/article/2011/12/27/petroplus-idUSL6E7NR0L620111227
Tuesday, December 27, 2011 Bharat Petroleum Corporation's Kochi Refinery, set to emerge as the largest refining facility in... » http://www.thehindu.com/business/companies/article2742269.ece
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