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News & Press

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Industry News
Tuesday, June 23, 2015 UPDATE 1-PBF Energy to buy Chalmette refinery from Exxon and PDVSA » PBF Energy Inc agreed to pay $322 million to acquire the 189,000-barrel-per-day Chalmette oil refinery in Louisiana and re...
Tuesday, June 23, 2015 PBF to acquire Chalmette refinery in Louisiana from ExxonMobil, PdVSA » PBF Energy has signed a definitive agreement to purchase Chalmette Refining, LLC, consisting of the 189,000-bpd Chalmette...
Tuesday, June 16, 2015 Power Supply Deadline Does not Seem to be aThreat for the Aluminium Smelters » The deadline of power supply contract which may be a challenge for Aluminium Smelters in New Zealand was thought to be ala...
Tuesday, June 16, 2015 NZAS 2014 Sustainable Development Report shows aluminium production increase but market still volati » The power supply contract deadline that could see New Zealand Aluminium Smelters close is looming but a report from the sm...
Tuesday, June 16, 2015 European refining margins jump on weak crude oil prices » European refining margins have strengthened further over the past week on slumping crude oil prices and strong Asian and U...
Tuesday, June 16, 2015 Rio Tinto to test new smelting process at Alma facility » Rio Tinto will launch a $12 million project aimed at enhancing the aluminium smelting technology currently employed at sev...
Tuesday, June 16, 2015 U.S. Oil Prices Inch Higher » U.S. oil prices climbed Tuesday on strong demand for crude and the threat of a tropical storm along the Gulf Coast. ...
Tuesday, June 16, 2015 Reliance Ind: Have invested ₹2 lakh crore to expand oil, gas business, says Mukesh Ambani » For the refining and marketing business, Reliance intends to re-commission its entire network of petroleum retail outlets...
Monday, June 15, 2015 Qalaa Holdings report revenue up 42.5 per cent for Q1 2015 » At ERC, I am particularly pleased to announce a construction milestone with the raising of the rerun column for the delaye...
Monday, June 15, 2015 EU law adds 47 euro cents a barrel to refining costs -EU research » EU green energy law added 47 euro cents a barrel to costs for Europe's refineries, according to European Commission resear...
Monday, June 15, 2015 China alumina prices drop on growing supply as production costs fall » Prices of alumina in China have fallen more than 10 percent since January and are unlikely to recover this year as lower p...
Monday, June 15, 2015 Northwest Iceland Signs Contract for New Aluminum Smelter » Municipalities in Northwest Iceland have signed a declaration of intent and a cooperation agreement with Klappir Developme...
Monday, June 15, 2015 Rio Tinto launches C$12 million project to develop AP44 technology at its Alma aluminium smelter » Rio Tinto will launch a C$12 million project aimed at enhancing the aluminium smelting technology currently employed at se...
Monday, June 15, 2015 BoA extends validity of Vedanta SEZ » The Board of Approvals for Special Economic Zones (SEZs) under Union commerce & industry ministry has extended the val...
Monday, June 15, 2015 Alba appoints financial advisors for Line 6 Expansion Project » Aluminium Bahrain B.S.C. (Alba), one of the leading aluminium smelters in the world, announced the appointment of financia...
Friday, June 12, 2015 Crude by rail supplies the West Coast » Total US crude oil production increased by almost 3.2 million bpd between 2010 and 2014, however production in the West Co...
Friday, June 12, 2015 US refinery strike update » It was announced on 5 June 2015 that approximately 320 members of the USW Local 346 will be returning to work at the BP Hu...
Friday, June 12, 2015 IOC to up Panipat capacity » State-owned Indian Oil Corporation (IOC) plans to invest around Rs 15,000 crore to increase the capacity of the Panipat re...
Friday, June 12, 2015 Lockout at Century Aluminum smelter to end after union approves deal » A month-long lockout at the fourth-largest aluminum smelter in the United States ended on Thursday after unionized workers...
Friday, June 12, 2015 Environmental justice: No one’s priority » What’s it like to be on the point in the fight for environmental justice? To live in a company town that’s home to a large...
Thursday, June 11, 2015 USW to vote on Century Aluminum latest contract to end deadlock at Hawesville operations » The union members belonging to United Steelworkers will vote today on the tentative agreement put forward by the company a...
Thursday, June 11, 2015 Emirates Global Aluminium Cuts 250 Jobs Amid Global Oversupply » Emirates Global Aluminium, formed two years ago by merging smelters owned by Abu Dhabi and Dubai, cut 250 jobs as part of...
Wednesday, June 10, 2015 Aluminium Bahrain gets approval for Line 6 expansion » Aluminium Bahrain, owner of the world's largest aluminium smelter, said on Wednesday it had received government approval f...
Wednesday, June 10, 2015 Yunlin magistrate promulgates ban on burning coal, petcoke » Taipei, June 10 (CNA) Yunlin Magistrate Lee Chin-yung (李進勇) on Wednesday promulgated regulations to ban the burning of coa...
Wednesday, June 10, 2015 Supply glut puts pressure on aluminium » Aluminum prices show few signs of recovering as the world remains in a glut of the lightweight metal used in cars and cans...
Wednesday, June 10, 2015 Rio Tinto Alcan Presented with Petition Demanding use of SO2 Scrubbers » Residents in Kitimat are continuing their fight against Rio-Tinto-Alcan's environmental permit that will allow the company...
Wednesday, June 10, 2015 Appeal hearings for RTA emissions continue in Kitimat » Environmental Appeal Board hearings into Rio Tinto Alcan's permit to increase sulphur dioxide (SO2) emissions from their a...
Wednesday, June 10, 2015 Indian Aluminum Exports Increase, Even As Chinese Imports Erode Domestic Price » Indian exports of aluminum have been on the rise for some time now, since local use has fallen because of the slow economy...
Wednesday, June 10, 2015 Japan's refinery utilisation rate falls to 2-year low » Japan's refinery utilisation rate tumbled by 7.9 percentage points in the week ended June 6 to a two-year low of 65.4 perc...
Wednesday, June 10, 2015 Crude & Brent Oil Fundamental Analysis – June 10, 2015 – Forecast » Crude Oil reversed course and added $1.67 to reach 59.81 today. Brent Oil outpaced WTI adding almost $2 to trade at 64.68....
Monday, June 8, 2015 OPEC’s Meeting in Vienna — RECAP » The Organization of the Petroleum Exporting Countries has held its semiannual meeting on Friday in Vienna. ...
Monday, June 8, 2015 Are Mercury Rules a Toxic Double Standard? » New EPA rules aimed at curbing mercury emissions, which mainly affect coal-fired electrical generating plants, are based o...
Monday, June 8, 2015 Reliance Industry's return ratio to improve over medium term: Report » Core projects are less attractive in an environment of lower crude prices but the effective negative impact is restricted...
Monday, June 8, 2015 Goa Carbon reports 3,558 MT of Calcined Petroleum Coke production for May » Goa Carbon has reported production of 3,558.000 MT (million tonnes) of Calcined Petroleum Coke for the month of May 2015....
Monday, June 8, 2015 The Case for a Carbon Tax » In a welcome development, businesses are asking world leaders to do more to address climate change. This week, the top exe...
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