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News & Press

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

Industry News
Tuesday, September 9, 2014 See aluminium price hold above USD 2400/tonne: Nalco » Ansuman Das of Nalco expects the aluminium prices to hold above USD 2400 per tonne. Moreover, he thinks with the new gover...
Tuesday, September 9, 2014 SMM Aluminum Weekly Price Review and Forecast (Sept. 9-12, 2014) » The most active SHFE aluminum contract jumped RMB 15,010/mt last week as an explosion at an aluminum smelter in Xinjiang a...
Tuesday, September 9, 2014 McLouth Steel site owners seek to expand operations, residents fear pet coke will be stored at site » Fears of petroleum coke storage ran high at a meeting between the Detroit Steel Co. and the Trenton City Council on Sept....
Tuesday, September 9, 2014 Marathon Now Interested in CITGO Assets? » Marathon Petroleum may be changing its tune on whether it could acquire CITGO’s U.S. refineries. http://www.cspnet.com/m...
Tuesday, September 9, 2014 European refiner squeeze seen in W. African crude changes » European refining is pivotal in "a second wave of structural changes" pummeling West African (WAF) crude oil prices...
Tuesday, September 9, 2014 Rio Tinto invests in Alma » Rio Tinto Alcan announced Tuesday it will spend $14.8 million on improvements to its smelter in Alma over the next year....
Monday, September 8, 2014 Japan Q2 GDP shrinks 7.1 pct, adds to doubt over inflation goal » Japan's economy shrank an annualised 7.1 percent in April-June from the previous quarter, worse than a preliminary estimat...
Monday, September 8, 2014 U.K. Power Plants Use More Coal With Profits Rising » Profit from U.K. coal-fed power plants is at the highest in more than five months, spurring use of the fuel to fill a gap...
Monday, September 8, 2014 CEO: Marathon Oil will expand shale effort in 2015 » Houston-based Marathon Oil president and CEO Lee M. Tillman said Thursday that the company will continue to expand its U.S...
Monday, September 8, 2014 Petcoke Politics Become Major Campaign Issue With National Implications » The petcoke piles plaguing Chicago ‘s Southeast Side have provoked almost universal disdainfrom Illinois’ politicos. htt...
Monday, September 8, 2014 What to watch as Congress returns to town – New ads hit Peters on Keystone XL, petcoke » Lawmakers are back on the Hill this week, but don’t expect energy issues to land atop most priority lists. Congress is foc...
Monday, September 8, 2014 Cross-Country March for Climate Action Arrives in Southeast Chicago on September 8 » Climate Action joins the Southeast Chicago Coalition to Ban Petcoke in the 2nd neighborhood march to 10th Ward Alderman Po...
Friday, September 5, 2014 Venezuela's Maduro removes Ramirez from oil, economy posts » Venezuelan President Nicolas Maduro removed Rafael Ramirez from economic policy posts in cabinet changes that reduce the p...
Friday, September 5, 2014 Japan Aluminum Buyers Said to Pay Record Fee on Output Cut » Aluminum buyers in Japan, Asia’s biggest importer, agreed to pay premiums of $420 a metric ton in the coming quarter, acco...
Friday, September 5, 2014 Mario Draghi Delivers Fresh ECB Plan — Recap » The European Central Bank has acted in the face of stalling European growth. Cutting three main interest rates, including...
Friday, September 5, 2014 Rio Tinto gives up on selling Tiwai stake » Global mining giant Rio Tinto has abandoned hopes of selling its majority stake in the Tiwai Point aluminium smelter in So...
Friday, September 5, 2014 Deal forged on Southland smelter » Meridian Energy says a $30 million one-off payment from the Government was a vital part of a deal to keep the Tiwai Point...
Thursday, September 4, 2014 Smelters need support to survive » SMELTERS and foundries need support if they are to survive. As a start, Eskom has to sort out its electricity supply probl...
Thursday, September 4, 2014 EURO COAL-Prices dip on weak demand but market getting tighter » Thermal coal prices fell on Wednesday as weak European and Asian demand weighed on the market, but the Ukraine crisis, a l...
Thursday, September 4, 2014 China readying coal import curbs to help sickly miners-sources » China, the world's top coal importer, is expected to soon put curbs on shipments of low-quality coal, responding to calls...
Thursday, September 4, 2014 These 2 Charts Show How the U.S. Shale Revolution Has Been a Game Changer » As late as the mid-2000s, prominent experts pontificated that the U.S. would remain a major importer of crude oil and natu...
Thursday, September 4, 2014 U.S. oil pipeline output increasing » Commodities moving through the pipeline system in North America grew by its largest percentage in June because of increase...
Thursday, September 4, 2014 US crude exports- mired in domestic politics » US crude exports are a long way from becoming a reality, a leading US-based consultancy said. http://www.tankeroperator....
Thursday, September 4, 2014 PacWest: Considerable Growth Expected for US Shale Formations » “Robust activity” is seen for drilling and completion markets in shale plays in North America into 2016, according to the...
Thursday, September 4, 2014 EIA: Tight Oil Stabilizes Brent Crude Prices » World events that threatened global oil production and distribution are scarcely having an effect on oil prices in the Uni...
Thursday, September 4, 2014 Petronas heads to Argentina on shale hunt » YPF and Petronas, state-controlled companies from Argentina and Malaysia, signed a $550m accord to develop shale oil at th...
Wednesday, September 3, 2014 Coal, petroleum coke debris found in Plaquemines marsh restoration projects » Pieces of coal and petroleum coke – some as large as fists – have been found dotting mile-long stretches of elevated marsh...
Wednesday, September 3, 2014 Marathon Petroleum Interested in Citgo Refineries, Acquisitions » Marathon Petroleum Corp. expressed interest in Citgo Petroleum Corp. refineries that are being shopped by Petroleos de Ven...
Wednesday, September 3, 2014 China aluminium prices rise as Xinfa smelter said hit by outage » A partial closure of capacity at an aluminium smelter in China has driven up domestic prices of the metal by as much...
Wednesday, September 3, 2014 NEWS ANALYSIS: Aluminium market looking up, but China confounds » For hard-pressed aluminium producers the outlook at the moment is the rosiest in many years. Russian giant Rusal, for exam...
Wednesday, September 3, 2014 Trimet increases the recycling content in aluminum production » The percentage of recycled aluminum in the production of the light metal aluminum is becoming increasingly important at Tr...
Wednesday, September 3, 2014 HOVENSA requests more time to sell refinery » Daily News File Photo The future of the HOVENSA oil refinery on St. Croix has been uncertain since it was announced in Jan...
Wednesday, September 3, 2014 CVR Refining's Coffeyville Refinery Resumes Normal Operations » CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, today announced that its Coffeyville refinery re...
Wednesday, September 3, 2014 Reliance's Third Refinery on Drawing Board » Mukesh Ambani-controlled Reliance Industries (RIL), India’s largest private company by revenues, is set to build its third...
Wednesday, September 3, 2014 Achinsk refinery resumed crude refining on tight schedule » Achinsk Oil refinery, suspended after the incident of June 15, 2014 has recovered the processes of primary crude oil proce...
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