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Industry News
Wednesday, October 29, 2014
Candidate's Pro-Environment Stance Might Be A Winning Strategy In Michigan Senate Race »
Last July, a small Canadian environmental group called Windsor on Watch captured footage of a frightening spectacle — a gi...
Tuesday, October 28, 2014
China reviewing oil relationships with Sudan, South Sudan, researcher says »
The Chinese government and China National Petroleum Corp. are reviewing their relationships with Sudan and South Sudan fol...
Tuesday, October 28, 2014
Kinder Morgan Canada pipeline plans hits a mountain of opposition »
A Western Canadian pipeline once seen as the best near-term hope for sending more of the country's controversial tar sands...
Tuesday, October 28, 2014
Low Oil Prices Hurting U.S. Shale Operations »
The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil...
Tuesday, October 28, 2014
Venezuela scraps plans to sell Citgo U.S. refining unit »
Venezuela is canceling plans to sell its Citgo U.S. refining unit, the country’s finance minister says, apparently the vic...
Tuesday, October 28, 2014
Atlantic Basin Refining to buy Hovensa refinery -Virgin Islands governor »
Venezuela's PDVSA and Hess Corp have reached a tentative agreement to sell their 350,000-barrel-per-day Hovensa refinery t...
Tuesday, October 28, 2014
Mothballed Hovensa refinery to reopen under lease »
The US Virgin Islands government has reached a long-term operating agreement with US firm Atlantic Basin Refining to re-op...
Tuesday, October 28, 2014
Condensate City – Eagle Ford Crude Infrastructure Part 6 – Devon, Genesis and Local Refineries »
Refineries located close to booming Eagle Ford shale production have nameplate capacity to process over 900 Mb/d of crude...
Thursday, October 23, 2014
Alcoa to Sell Ownership Stake in Mt. Holly Smelter to Century Aluminum »
Alcoa (NYSE: AA) today announced that it has reached an agreement to sell its ownership stake in the Mt. Holly aluminum sm...
Thursday, October 23, 2014
Proposed RET changes welcomed by Portland Alcoa smelter »
Yesterday the federal government announced its proposed changes to the Renewable Energy Target, which were welcomed by Alc...
Thursday, October 23, 2014
Italcementi launches upgraded Devnya Cement plant »
Italcementi has launched its upgraded cement plant in Bulgaria, which is operated by its subsidiary, Devnya Cement. The up...
Thursday, October 23, 2014
Low Crude Oil Prices Hurting U.S. Shale Operations »
Slumping oil prices are putting pressure on U.S. drillers. http://www.marketoracle.co.uk/Article47854.html
Thursday, October 23, 2014
WTI Crude Oil Heading To New Lows On High Inventory »
Crude oil continued to decline this morning falling another 39 cents to trade at 80.13 while Brent followed suit losing 33...
Wednesday, October 22, 2014
Norsk Hydro Sees Aluminum Premium at Record, Boosting Profit »
Norsk Hydro says the premium its customers pay over market prices to secure aluminum supplies has widened to a record as E...
Wednesday, October 22, 2014
Oil slump raises profit concern at CNPC »
China National Petroleum Corp, the country's biggest oil and gas producer, said it would have difficulty meeting its profi...
Wednesday, October 22, 2014
Romania halts production at Lukoil refinery amid tax evasion, money laundering claims »
Romanian authorities have halted the production and frozen the assets of an oil refinery owned by major Russian crude prod...
Wednesday, October 22, 2014
Venezuela's PDVSA to invest $20 bln to boost refining capacity »
Venezuelan state oil company PDVSA plans to invest $20 billion to expand its domestic refining capacity by 20 percent, a c...
Wednesday, October 22, 2014
Mideast aluminium industry in strong expansion stage »
The Middle East’s aluminium industry, spearheaded by companies like Emirates Global Aluminium is entering a stage of stron...
Tuesday, October 21, 2014
China GDP Growth Rate Is Slowest in Five Years »
China’s economy in the third quarter grew at its slowest pace in five years as it battles a slumping real-estate market an...
Tuesday, October 21, 2014
Why the Bakken shale boom transformed US energy markets »
According to the U.S. Energy Information Administration (or EIA), the top seven unconventional oil plays accounted for 95%...
Tuesday, October 21, 2014
Aditya Birla bids for Lafarge-Holcim assets - sources »
India's diversified Aditya Birla Group has submitted a bid for the Brazilian and the Philippine assets of cement industry...
Tuesday, October 21, 2014
Cheap Oil Spurs Record China Crude Runs »
BEIJING—Even amid a slowdown in economic growth, one government statistic on Tuesday showed China isn’t one to miss out on...
Tuesday, October 21, 2014
Chinese refiners grapple with negative margins on falling crude price »
The recent rapid drop in global crude prices has left Chinese refiners grappling with negative margins as they struggle to...
Tuesday, October 21, 2014
Plunging Oil Prices Have Unpredictable Impact on Politics, Economics »
Global oil prices are falling drastically, and a new World Bank study says they may remain low for a year or more. Lower e...
Tuesday, October 21, 2014
Why the Bakken shale boom transformed US energy markets »
According to the U.S. Energy Information Administration (or EIA), the top seven unconventional oil plays accounted for 95%...
Monday, October 20, 2014
LCIA arbitral tribunal rules in favor of UC RUSAL in a case regarding ALSCON »
UC RUSAL announced that a three member LCIA arbitral tribunal in London rendered an award in favour of UC RUSAL in its cas...
Monday, October 20, 2014
Coal measures right step but weak on reforms, say experts »
HYDERABAD/NEW DELHI: Industry experts have lauded the decision of the Narendra Modi government to bring about an ordinance...
Monday, October 20, 2014
Cleco Enters Agreement to be Acquired by North American Investor Group Led by Macquarie Infrastructu »
Investor  group to acquire Cleco Corporation for $55.37 per share in cash. http://www.nasdaq.com/press-release/clec...
Monday, October 20, 2014   (0 Comments - view/add)
Cleco to be bought out by investor group for $55.37 per share »
Cleco Corp., a Louisiana-based public utility holding company, said it will be bought out by a group of North American inv...
Monday, October 20, 2014
CEMBUREAU concerned about climate and energy targets »
The European Council is due to decide this week on the 2030 climate and energy framework, including targets for GHG emissi...
Monday, October 20, 2014
Boyne Smelters to continue at full capacity »
Australia has been left with just four aluminium smelters after yet another one closed down in recent weeks. http://www....
Friday, October 17, 2014
Bakken sustains Delta Air Lines refining profits »
Houston, 16 October (Argus) — Rising volumes of midcontinent crudes helped to produce a second consecutive quarterly profi...
Friday, October 17, 2014
Exxon Mobil Votes With Feet To Stay In EU As Energy Laws Loom »
ANTWERP Belgium (Reuters) - Exxon Mobil is pouring $1 billion into a refinery in the European Union, setting aside concern...
Friday, October 17, 2014
Rain Industries arm stops operations temporarily due to Hudhud Cyclone effect »
After initial checks and verification, it has been observed that Hudhud cyclone has not caused any material damage to the...
Friday, October 17, 2014
Murky waters: Chicagoans worry petcoke moving to barges »
A full rainbow arched over the Calumet River on a bleak day in late September, lending a hint of beauty to the massive aba...

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