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News & Press

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Industry News
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...
Monday, January 4, 2016 Goa Carbon temporarily shuts operations at its Bilaspur Plant » Goa Carbon has temporarily shut down operations at its Bilaspur Plant, Sirgitti Industrial Area, Bilaspur in Chhattisgarh...
Thursday, December 31, 2015 Viewpoint: New lines expand Canadian heavy access » New oil pipelines scheduled to begin service in the first half of 2016 will provide more US Gulf coast refiners with pipel...
Thursday, December 31, 2015 Midwest Oil Refining Waste Spreading to the South » Earlier this year, BP announced it would stop sending petcoke waste to a dumping site in Chicago. http://www.pub...
Thursday, December 31, 2015 Santee Cooper board OKs Century Aluminum deal to provide 100 percent of smelter's power » Santee Cooper's board of directors approved on Tuesday a deal that would continue to provide power to the Century Aluminum...
Thursday, December 31, 2015 Blizzard conditions hit HollyFrontier refining operations » Blizzard conditions hitting West Texas and beyond hurt refining operations for HollyFrontier Corp., the Dallas-based compa...
Tuesday, December 22, 2015 State gives in-principle nod for petcoke plant » The State government has accorded in-principle approval for the project to set up a petcoke (petroleum coke) base power pl...
Tuesday, December 22, 2015 Century Aluminum Co and Santee Cooper Power Reached Agreement » Century Aluminum Co (NASDAQ:CENX) and Santee Cooper Power both announced on Saturday, 18 December, they will allow the Goo...
Tuesday, December 22, 2015 India's coal imports remain flat week-on-week » Indias imports of coal (provisional), including non-coking, coking, anthracite, PCI, pet coke and met coke, through 23 maj...
Tuesday, December 22, 2015 BP Whiting petcoke going to Kentucky, Virginia » WHITING — The BP Whiting Refinery is generating three times as much petcoke — a petroleum refinery byproduct — now that it...
Tuesday, December 22, 2015 Century Aluminum operating at half-capacity, 300 workers laid off » Century Aluminum of South Carolina Inc. of Mount Holly, South Carolina will operate at half-capacity through a recent agre...
Thursday, December 10, 2015 Shares of Bakken shale oil producers plummet after OPEC decision » The 168th meeting of the Organization of the Petroleum Exporting Countries ended in Vienna, Austria, on Friday, with a res...
Thursday, December 10, 2015 Oil set to remain low » The group that supplies most of Asia’s crude effectively decided to abandon production limits in the hope that unrelenting...
Thursday, December 10, 2015 Power plant to get FACT’s 150 acres » Thiruvananthapuram: "The cabinet has given permission to the Kerla State Industrial Development Corporation to acquire 150...
Thursday, December 10, 2015 Concerns over electricity security » New Zealand's security of electricity supply is entering a crunch period with three major generators being decommissioned...
Thursday, December 10, 2015 Alba's $3.5 bn potline construction on track » Construction of Aluminium Bahrain’s $3.5 billion sixth potline is set to begin next year with metal production expected by...
Thursday, December 10, 2015 China Hongqiao to shut down 250,000 tonnes of aluminium capacity » SHANGHAI: Aluminium producer China Hongqiao Group said it will shut down 250,000 tonnes of production capacity starting on...
Thursday, December 10, 2015 UPDATE 2-China Hongqiao Group cuts aluminium output as prices tumble » Dec 10 Aluminium producer China Hongqiao Group said on Thursday it will cut annual capacity by 250,000 tonnes immediately,...
Thursday, December 10, 2015 Is Enbridge pipeline the next Keystone? » A U.S. court in Minnesota said it lacked authority in a challenge to moves by Enbribge Energy to expand shipments through...
Thursday, December 10, 2015 U.S. shale oil producers pummeled after OPEC decision » Fears low oil prices will persist for years sent shares of U.S. crude producers tumbling Friday after OPEC failed to agree...
Tuesday, December 1, 2015 Goa Carbon gains on commencing production at Paradeep Plant » Goa Carbon is currently trading at Rs. 79.00, up by 1.15 points or 1.48% from its previous closing of Rs. 77.85 on the BSE...
Tuesday, December 1, 2015 CEMBUREAU on COP21 » From 30 November until 11 December, countries from all over the world will be in Paris to discuss a new binding internatio...
Tuesday, December 1, 2015 Beijing air quality reaches severe level » As world leaders met yesterday in Paris to discuss plans to tackle climate change, Beijing saw the worst air quality readi...
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