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News & Press

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Industry News
Monday, July 21, 2014 Rio Tinto updates on aluminium production » In May 2014, Rio Tinto completed the curtailment of alumina production at Gove. The refinery is now on care and maintenanc...
Friday, July 18, 2014 Saudi oil exports fall to three-year low as refiners process lofty volumes » Saudi Arabia, the world’s biggest oil exporter, shipped the least crude in almost three years in May as domestic refinerie...
Friday, July 18, 2014 Delek's oil buyer talks about company's El Dorado refinery » The man responsible for buying millions of dollars worth of crude oil money for Delek Refining’s two refineries spoke on T...
Friday, July 18, 2014 Michigan denies Detroit oil byproduct storage » A company cannot store piles of petroleum coke at an open riverfront site in Detroit because it does not have adequate mea...
Friday, July 18, 2014 Holcim Croatia sees flat revenues in 2014 and forecasts a 15% increase in 2015 » Holcim Croatia is looking to post flat revenues in 2014, while hoping to raise them by 15% in 2015, according to the compa...
Friday, July 18, 2014 Holcim and Lafarge announce a list of proposed asset disposals » Lafarge and Holcim have set up a Divestment Committee following the announcement of the planned merger on 7 April 2014, wi...
Friday, July 18, 2014 Cemex sees improved sales and earnings in second quarter of 2014 » Cemex has announced its financial results for the second quarter of 2014, which show that consolidated net sales reached U...
Friday, July 18, 2014 MDEQ denies pet coke permit for River Rouge/Ecorse » The Michigan Department of Environmental Quality denied a permit July 17 to allow storage of pet coke in River Rouge and E...
Thursday, July 17, 2014 Huaneng to spend $1.6b to reduce emissions » China Huaneng Group Corp, the biggest power generation company in the country, said it will invest about 10 billion yuan (...
Thursday, July 17, 2014 U.K. Plants Burn Gas Like 2011: Chart of the Day » Declining U.K. natural gas prices are prompting utilities to burn more of the fuel for power production as profit from coa...
Thursday, July 17, 2014 Compliance Strategies for Proposed Greenhouse Gas Rules in Existing Power Plants » On June 2, 2014, the Environmental Protection Agency (EPA) issued its Clean Power Proposal for reducing CO2 emissions from...
Thursday, July 17, 2014 Slight Recovery in Indian Aluminum Demand Expected This Year » It may have plateaued in the last three years, even hitting a minor air pocket in the last year, but analysts are hopeful...
Thursday, July 17, 2014 BP's Restructuring Initiative Shows Potential » On Jul 10, 2014, Zacks Investment Research issued an updated research report on BP. http://www.zacks.com/stock/news/1402...
Thursday, July 17, 2014 Aluminium jumps to 16-month high » The price of aluminium has reached its highest level for 16 months as falling inventories, smelter closures and a strong d...
Thursday, July 17, 2014 China's economy grows 7.5% in 2nd quarter » China's economy, the second-largest worldwide after the USA's, achieved better-than-expected growth in the second quarter...
Wednesday, July 16, 2014 India Burns Record Diesel, But Oil Refiners Still Face Challenges » Amid a scorching Indian summer, relentless blackouts and frenzied election campaigning, India has burned a record amount o...
Wednesday, July 16, 2014 Slim’s Elementia Said in Talks to Buy Out Lafarge in Mexico » Elementia SA, the Mexican cement maker backed by billionaires Carlos Slim and Antonio del Valle, is in talks to buy out pa...
Wednesday, July 16, 2014 JEA taking big generating unit offline in response to declining sales, upcoming regulations » JEA is taking its oldest and largest generating unit at the Northside Generating Station offline in December 2015 in respo...
Wednesday, July 16, 2014 Russia's Rusal seen unlikely to start BEMO aluminium project in 2014 » Russia's Rusal, the world's largest aluminium producer, is unlikely to start production at its Siberian Boguchansk alumini...
Wednesday, July 16, 2014 PDVSA's Citgo to Issue New Bonds to Send Venezuela $300 Million » CITGO, the U.S. subsidiary of Venezuela's state owned oil company Petroleos de Venezuela, S.A. (PDVSA), intends to refinan...
Wednesday, July 16, 2014 Aluminum market to see renewed pressure from additional supply: Macquarie » Aluminum prices are likely to come under renewed pressure after capacity additions and restarts of idled capacity come on...
Wednesday, July 16, 2014 ThyssenKrupp Industries bags deals worth Rs 1,000 cr » As part of the contract with Bharat Petroleum Corporation, Kochi Refinery, TKII will provide complete bulk material handli...
Tuesday, July 15, 2014 Even in Canada, booming U.S. oil and gas elbowing out Alberta’s crude » The dramatic rise of U.S. crude oil and natural gas production is disrupting even long-established trade flows inside Cana...
Tuesday, July 15, 2014 Canada and U.S. to lead global oil production in 2015 amid supply risks: IEA » Global oil demand growth will accelerate next year as the world economy expands and will again be met by rising supplies f...
Tuesday, July 15, 2014 U.S. overtakes Saudi Arabia, Russia to become world’s biggest oil producer: report » The U.S. overtook Saudi Arabia and Russia to become the world’s biggest producer of oil as extraction of energy from shale...
Tuesday, July 15, 2014 (0 Comments - view/add) B.C. claims privilege on Kitimat report » In an ongoing tussle over the Kitimat Airshed Study, lawyers representing two women in an Environmental Appeal Board case...
Tuesday, July 15, 2014 Oil prices halt slide as turmoil in Libya threatens restoration of exports » The price of oil paused Tuesday after tumbling last week as a deteriorating security situation in Libya raised questions o...
Monday, July 14, 2014 Exxon Plans To Boost Its Downstream Profitability With Belgium Refinery Upgrade » Exxon Mobil recently announced plan to invest over $1 billion in the upgrade of its Belgian refinery. The company pla...
Monday, July 14, 2014 The new plant of Italcementi "Devnia cement" will be ready in September » The complete reconstruction of the plant "Devnia cement" (part of "Italcementi Group Bulgaria"), which began in the summer...
Monday, July 14, 2014 European Commission objects to Cemex's acquisition of Holcim's Spanish units » Europe's antitrust regulator has objected to Cemex's plan to acquire Holcim's Spanish units, a person familiar with the ma...
Monday, July 14, 2014 Rusal decries lack of progress over ALSCON’s gas supply challenge » UC Rusal, the Russian firm with 85 percent stake in Nigeria’s Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi,...
Friday, July 11, 2014 EU antitrust regulator objects to Cemex, Holcim deal in Spain: source » Europe's antitrust regulator has objected to Cemex's (CMXCPO.MX) plan to acquire Holcim's (HOLN.VX) Spanish units, a perso...
Friday, July 11, 2014 Sinochem commissions Quanzhou refining complex » Sinochem Quanzhou Petrochemical Co. Ltd., a wholly owned subsidiary of Sinochem Group, has commissioned its 240,000-b/d re...
Friday, July 11, 2014 European refining margins are likely to remain weak for at least the next one to two years-fitchrati » European refining margins are likely to remain weak for at least the next one to two years due to overcapacity, demand and...
Thursday, July 10, 2014 States Already Benefiting From Southern Leg of Keystone » Oklahoma and Texas increased their economies by a combined total of $5.7 billion due to the southern leg of the Keystone p...
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