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News & Press

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Industry News
Monday, August 4, 2014 Tom O'Malley, President of PBF Energy, said the company has been looking potential acquisitions » PBF Energy has been looking potential acquisitions and market chatter that Venezuela's state-owned oil company Petróleos d...
Monday, August 4, 2014 US crude hits lowest level since March » US crude extended its losses on Friday, falling below the $98-a-barrel mark to its lowest level since February, following...
Monday, August 4, 2014 RusAl Reaches Deal With Lenders to Refinance $5.5 Billion Debt » Russia's RusAl said Monday that it has won approval from all its lenders to restructure more than $5 billion in loans, whi...
Monday, August 4, 2014 Alcoa completes closure of Australia aluminum smelter » Reuters reported that Alcoa Inc closed its unprofitable Point Henry aluminium smelter in Australia underscoring the dire m...
Friday, August 1, 2014 Hungary MOL key Q2 profits disappoint » Hungarian oil and gas group MOL has published its earnings report for the second quarter of 2014 on Friday. On the whole,...
Friday, August 1, 2014 EPA’s Misleading PR Campaign on Power Plant Rules » This week, EPA and its allies are leading a full-court press to promote the agency’s controversial regulations to limit ca...
Friday, August 1, 2014 Shipping Rates Drop as China Hydro Power Cuts Coal Need » Record production of hydropower from China’s Three Gorges and newer dams is displacing so much coal that rates to transpor...
Friday, August 1, 2014 Alpha Natural Resources to lay off 1 100 workers at 11 mines » In dealing with continued weak coal markets and blaming increasingly strict government regulations, US coal producer Alpha...
Friday, August 1, 2014 Aluminium to swing to deficit in 2015 after output cuts, ban » The aluminium market outside China is set to record its first deficit in nine years in 2015 following production cuts and...
Friday, August 1, 2014 Kansas Refinery Outage Upends Cushing Oil Supply Outlook » The announcement that a refinery in Kansas will be shut for weeks has upended concern that oil supplies at the main U.S. t...
Friday, August 1, 2014 NEWS ANALYSIS: Rio Tinto’s lesson: new commodity boom on its way » THOUGH it is easy to point the finger of blame at Rio Tinto’s former management and feel a bit smug about their downfall,...
Friday, August 1, 2014 Brent holds near $106 after ample supply pulls down prices » Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted...
Friday, August 1, 2014 Brent holds near $106 after ample supply pulls down prices » Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted...
Friday, August 1, 2014 Century Aluminum to add 45 jobs at Sebree smelter » Century Aluminum Co. on Thursday announced a $3 million expansion at its 530-employee Sebree smelter that will create 45 m...
Thursday, July 31, 2014 Italcementi releases 1H14 results » Cement and clinker sales totalled 21.7 million t, just 0.5% lower than in 1H13 despite a slow 2Q14. http://www.wor...
Thursday, July 31, 2014 US crude drops on demand concerns » US oil fell below the $100 a barrel mark on Thursday, putting the contract on course for its steepest monthly slide in nin...
Thursday, July 31, 2014 UPDATE 1-Suncor to fill Montreal refinery with internal crude by early 2015 » Suncor Energy Inc anticipates being able to fill its 137,000-barrel-per-day refinery in Montreal, Quebec, from internal cr...
Thursday, July 31, 2014 Press Metal set to gain as LME aluminium prices peak » Press Metal Bhd’s (Press Metal) growth is set to gain stronger traction as London Metal Exchange (LME) aluminium prices co...
Thursday, July 31, 2014 HeidelbergCement releases preliminary results for 4Q13 and FY13 » Cement sales volumes rose in 2013, in line with the outlook presented in the 2012 Annual Report, as a result of the contin...
Thursday, July 31, 2014 HeidelbergCement reports on strong 2Q14 » The continued recovery of the markets in North America, the United Kingdom and Eastern Europe, as well as the sustained gr...
Thursday, July 31, 2014 BORL defers 120,000 bpd Bina refinery maintenance to Q1 2015 » India's Bharat Oman Refineries Ltd (BORL) has postponed a maintenance plan for its Bina refinery in central India, likely...
Wednesday, July 30, 2014 European Commission extends deadline for Cemex-Holcim decision » Reuters is reporting that antitrust regulators have extended the deadline for a decision on Cemex’s proposed acquisition o...
Tuesday, July 29, 2014 Gulf Coast holds oil from shale formations in abundance » The Gulf Coast is awash in oil from shale formations, so much light oil that the region’s refineries can’t process it all...
Tuesday, July 29, 2014 (0 Comments - view/add) KCBX's future plans » This is in response to "Petcoke firm threatens lawsuit over city rules; Company seeks to delay storage sheds until 2018, r...
Tuesday, July 29, 2014 BP Whiting Refinery hits record heavy crude production level » The BP Whiting Refinery reached a new peak crude oil processing level of 270,000 barrels per day, helping the London-based...
Tuesday, July 29, 2014 Exclusive: Exxon eyes expanding Texas refinery into biggest in U.S. - sources » Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country's larg...
Tuesday, July 29, 2014 ExxonMobil Plans To Expand Beaumont Refinery, Making It Largest In US » ExxonMobil Corporation (XOM) is considering expanding its refinery in Beaumont, Texas, which has a current production capa...
Tuesday, July 29, 2014 Chevron’s Richmond refinery to limit sulfur, greenhouse gases » Chevron Corp. on Tuesday agreed to limit the greenhouse gases and sulfur produced by its Richmond refinery if the city cou...
Tuesday, July 29, 2014 Koch Industries says Chicago Tribune mischaracterized intentions in lawsuit story » Koch Industries is refuting a Chicago Tribune story, saying the article’s author mischaracterized the company’s intentions...
Tuesday, July 29, 2014 CVR Refining confirms fire at Coffeyville refinery’s isom unit » CVR Refining LP, Sugar Land, Tex., has confirmed the outbreak and subsequent extinguishing of a fire at the isomerization...
Tuesday, July 29, 2014 Fire hits at Pemex’s Ciudad Madero refinery » The cause of an overnight fire on July 23 at Petroleos Mexicanos’s (Pemex) 190,000-b/d Francisco I. http://www.og...
Tuesday, July 29, 2014 Pemex predicts lowest output in 24 years as old fields dwindle » Petroleos Mexicanos cut its output forecast to the lowest in at least 24 years, as mature fields are shrinking faster than...
Tuesday, July 29, 2014 Aluminum Prices Finally Cross the $2k Mark » Aluminum prices struck a 17-month high this week, finally crossing the $2,000 per ton mark. The aluminum market has benefi...
Tuesday, July 29, 2014 Pdvsa weighs sale of its 50% stake at Chalmette refinery » Venezuelan state-run oil company Petróleos de Venezuela (Pdvsa) has been pondering the sale of its refineries in the Unite...
Tuesday, July 29, 2014 CORRECTED-EU extends deadline on Cemex's Holcim deal in Spain » European Union antitrust regulators will decide by mid-September whether to clear Mexican cement producer Cemex's proposed...
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