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News & Press

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Industry News
Thursday, February 25, 2016 LISTEN: Boyne Smelter to cash in ... if it survives 5 years » IF BOYNE Smelter can survive the next five years it will be able to cash in on the "brightest future of all the metals".&n...
Thursday, February 25, 2016 Smelter Workers Strike, Bosses Attempt To Replace Them » Workers at the Rio Tinto Alcan smelter went on strike at midnight last night, bringing aluminium exports from the smelter...
Thursday, February 25, 2016 Meridian offers $150M in bonds as key Tiwai Point looms » Meridian Energy is considering a retail offer of up to $150 million of unsecured, unsubordinated fixed rate bonds to insti...
Tuesday, February 23, 2016 Drax says may mothball coal plant amid weak energy markets LONDON \| BY KAROLIN SCHAPS » British power producer Drax (DRX.L) may decide to mothball its coal-fired power generation units, the company said on Tues...
Tuesday, February 23, 2016 Factbox: Japan sets new standards for coal-fired power plants » TOKYO (Reuters) - Japan's Ministry of Economy, Trade and Industry (METI) plans to tighten rules for coal-fired power plant...
Tuesday, February 23, 2016 Japan environment ministry's coal plant reversal casts doubt on CO2 pledge » TOKYO (Reuters) - A decision by Japan's environment ministry to abandon its opposition to building new coal-fired power st...
Tuesday, February 23, 2016 Alba upgrades technology for Line 6 project » Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, has announced that it has upgraded the technology for its L...
Tuesday, February 23, 2016 Emirates global aluminium exports proprietary technology to aluminium Bahrain » United Arab Emirates: Recognised in the global aluminium industry as a valuable provider of smelting technologies, Emirate...
Tuesday, February 23, 2016 Rio Tinto bosses and MSPs discuss review of Scottish assets » Senior executives from the metals and mining company Rio Tinto have been visiting Scotland to discuss a review of the firm...
Tuesday, February 23, 2016 Tiwai Point and old Huntly station look set to run past 2018 » Both the Tiwai Point aluminium smelter and the remaining two gas and coal-fired units at Genesis Energy's ageing Huntly po...
Tuesday, February 23, 2016 Stable Aluminum Prices: Is China Cutting Capacity? » It’s nothing new that volatility has been wild among most markets over the past few months, but that hasn’t been the case...
Tuesday, February 23, 2016 Massive Portland smelter risks closure as losses and costs surge » Alcoa's Portland smelter risks closure and a mass shedding of jobs, with the aluminum plant now running at a loss and faci...
Tuesday, February 23, 2016 Lukoil sees 2016 refining in Russia at around 45.5 mln T » Lukoil, Russia's No. 2 oil producer, sees its refining in Russia at around 45.5 million tonnes this year, Lukoil's First V...
Tuesday, February 23, 2016 Valero's Aruba refinery to restart by PDVSA Citgo under lease » Venezuelan PDVSA's unit in the United States, Citgo Petroleum, is working to restart some processing units at the Aruba re...
Tuesday, February 23, 2016 New coker now operating at CHS Refinery at McPherson, Kansas » Construction of the coker unit at the CHS Refinery at McPherson began in March 2013 and took nearly 2.8 million constructi...
Tuesday, February 23, 2016 Egypt makes progress with energy diversification » One of the key messages emanating from the recent Egypt Energy Investment Summit in Cairo is that the government is commit...
Tuesday, February 23, 2016 The Long Pause: A Bearish Outlook For The Oil Sands » Back in September Alberta Oil ran a story about how Suncor Energy’s Fort Hills project could be Alberta’s last new oil san...
Tuesday, February 23, 2016 Venezuela Says Freeze Deal Could Boost Oil Prices by $10-$15 » A deal to freeze oil production could help buoy depressed crude prices by $10 to $15 dollars a barrel, according to Venezu...
Tuesday, February 23, 2016 Venezuelan oil giant sells stake in unit to Russia's Rosneft for $500 mn » State-owned oil giant Petroleos de Venezuela, or PDVSA, sold a stake in one of its production units to Russian state-owned...
Tuesday, February 23, 2016 UltraTech Cement: Road projects pave the way for strong growth » UCL management indicated that it has seen signs of pickup in demand growth since December 2015 largely led by the infra se...
Tuesday, February 23, 2016 IEA warns Canadian oil sands growth could come to a halt » The International Energy Agency is warning growth in Canada's oil patch could come to a complete stand-still in the next f...
Tuesday, January 19, 2016 Oil Plunge Sparks Bankruptcy Concerns » Crude-oil prices plunged more than 5% on Monday to trade near $30 a barrel, making the specter of bankruptcy ever more lik...
Tuesday, January 19, 2016 Still trying to restructure, Alcoa takes a tumble in 2015 » Alcoa today reported losses for the fourth quarter and all of 2015, citing falling aluminum prices and restructuring charg...
Tuesday, January 19, 2016 New pvt berth at Vizag port begins operations » Alba Asia Pvt Ltd, which has constructed a multi-purpose general cargo berth at the Visakhapatnam port, has announced the...
Tuesday, January 19, 2016 Oil prices will get worse before they get better: Analysts » After U.S. crude prices broke below $30 per barrel for the first time in 15 years, the market is asking how low oil future...
Tuesday, January 19, 2016 Global glut of crude oil is forcing prices to the floor » The world is awash in oil, and the glut shows no signs of letting up. http://www.cnbc.com/2016/01/12/global-glut...
Tuesday, January 19, 2016 Disappointing dismissal by environmental board » On December 23, 2015 the provincial Environmental Appeal Board quietly released its decision in relation to the appeal of...
Tuesday, January 19, 2016 Grapevine: Misery at Missouri aluminum plant has familiar ring » Last week, the Associated Press reported that more than half of the 850 employees at an aluminum plant in the southeast pa...
Tuesday, January 19, 2016 Konkan Railway to set up Rs 46 crore rail siding facility for Mangalore Refinery » Konkan Railway Corporation Limited (KRCL) will set up a railway siding facility, at an investment of Rs 46 crore over two...
Tuesday, January 19, 2016 Petcoke may be returning to shores of Detroit River » Petroleum coke, an Alberta oil byproduct that ignited controversy in 2013 after being stored in four-storey piles along th...
Tuesday, January 19, 2016 MRPL to get dedicated Railway siding in 2 years » KRCL would construct the 1.5-km-long Railway siding with two lines taking off from Thokur Railway Station at a cost of Rs....
Tuesday, January 19, 2016 China’s Economic Growth in 2015 Is Slowest in 25 Years » China’s economy grew at its slowest rate in 25 years last year, according to official statistics released today....
Tuesday, January 5, 2016 Rising US Crude Oil Imports Support US Crude Oil Stocks » The EIA (U.S. Energy Information Administration) reported that weekly US crude oil imports rose by 566,000 bpd (barrels pe...
Tuesday, January 5, 2016 US Crude Oil Refinery Demand Rose Due to the Fall in Oil Prices » US crude oil refinery demand rose by 214,000 bpd (barrels per day) to 16.7 MMbpd (million barrels per day) for the week en...
Monday, January 4, 2016 The biggest oil shutdown involves Enbridge Inc.’s Ozark pipeline » The worst flooding across the Midwest in four years is disrupting everything from oil to agriculture, forcing pipelines, t...
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