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News & Press

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Industry News
Monday, November 16, 2015 Ma'aden aspiring to be world's largest integrated aluminum industry in 5 years » DAMMAM — Eastern Province Emir Prince Saud Bin Naif inaugurated the Arab International Aluminum Conference (ARABAL) at Dha...
Monday, November 16, 2015 Campaigners urge air pollution bylaw » Residents of Changhua and Yunlin counties yesterday gathered in front of the Presidential Office Buiilding to petition the...
Monday, November 16, 2015 Venezuela Oil Price Tumbles to Within Dollar of 2015 Low » Venezuela's weekly oil basket tumbled further below $40 as oil prices around the world declined rapidly after the Internat...
Monday, November 16, 2015 Cost-saving threatens smelter jobs » New Zealand's Aluminium Smelter (NZAS) has confirmed some jobs could be lost as part of a staffing review at the Tiwai sme...
Friday, November 13, 2015 Japanese Refiners Agree to Merge as Fuel Consumption Shrinks » Idemitsu Kosan Co. signed a non-binding agreement to merge with Showa Shell Sekiyu K.K., almost four months after buying a...
Friday, November 13, 2015 Ruwais Refinery expansion project commissioned with 100% production capacity » Abu Dhabi: Abu Dhabi Oil Refining Company (Takreer) has announced the commissioning of Ruwais Refinery Expansion Project w...
Friday, November 13, 2015 (0 Comments - view/add) Moody's: Flat refining & marketing growth, but margin strain will rise » New York, November 10, 2015 -- Growth in the North American and EMEA independent refining and marketing (R&M) sector w...
Friday, November 13, 2015 Oil Prices Slide as Crude Inventory Rises More Than Expected » Both benchmarks at lowest level since August this week on concerns about growing supplies. http://www.wsj.com/ar...
Friday, November 13, 2015 ALCOA TO SCRAP OLD SHIP FOR DOMESTIC SUPPLY CHAIN » Australia dwindling commercial fleet has lost another locally flagged ship, with Alcoa ditching the MV Portland to the cha...
Friday, November 13, 2015 Motiva Port Arthur refinery shuts coking unit: sources » Motiva Enterprises [MOTIV.UL] shut a 110,000 barrel per day (bpd) delayed coking unit at the company's 603,000 bpd Port Ar...
Thursday, November 12, 2015 Aluminum Prices Bounce Back in November » Base metal prices have traded weakly for the most part in 2015. Concerns over the Chinese economy and perennial oversupply...
Thursday, November 12, 2015 Japan fired up about new coal technologies » TOKYO • For all the talk of a solar boom in Japan, coal still has a future there, and potentially a big one at that....
Thursday, November 12, 2015 UPDATE 1-China power output falls for second month in Oct - stats bureau » Nov 11 (Reuters) - China's power output fell for a second month in a row in October, slipping 3.2 percent on a year ago to...
Thursday, November 12, 2015 Glut of Coal-Fired Plants Casts Doubts on China’s Energy Priorities » DONGXIANPO, China — Just outside the southwest border of Beijing, a new coal-fired power and heating plant is rising in Do...
Thursday, November 12, 2015 Future of coal in the UK looks increasingly bleak, say industry leaders » Speculation is mounting that the Government will announce plans to close all of the country’s coal-fired power stations by...
Thursday, November 12, 2015 As coal use falls, China still issues permits for coal-fired power plants » Beijing’s environmental protection bureau warned of poor air quality that could continue in the coming days. ...
Thursday, November 12, 2015 U.S. And Japan Agree To Cut Financial Support For Coal Exports » It is a dark times for coal producers around the world. And the bad news keeps on coming. http://oilprice.com/En...
Thursday, November 12, 2015 Koch Industries unit buys rights to Colombia petroleum coke output » Komsa, a subsidiary of U.S.-based conglomerate Koch Industries, has purchased majority rights to the petroleum coke that w...
Thursday, November 12, 2015 UPDATE 3-Petrobras cancels oil strike talks, union vows escalation » Brazil's state-controlled oil producer Petroleo Brasileiro SA canceled talks with union leaders that were planned for Tues...
Thursday, November 12, 2015 Petroleo Brasileiro SA Petrobras (ADR) Workers’ Strike Unlikely To Be Called Off: Here’s Why » Bidness Etc takes a look at the latest offer made by Petrobras to its workers to call off the strike. http://www...
Thursday, November 12, 2015 Petrobras striking workers consider salary offer but insist the company must reverse investment cuts » Brazil's energy giant Petrobras offered striking workers a 9.54% wage hike on Wednesday in an effort to end a 10-day strik...
Wednesday, November 11, 2015 China’s aluminium exports flood market, keep prices low » China’s surging exports of aluminium are becoming as contentious as its fast-rising shipments of steel as prices of the me...
Wednesday, November 11, 2015 Rising Chinese Production Keeps Lid on Aluminum Prices » DELHI—China’s surging exports of aluminum are becoming as contentious as its fast-rising shipments of steel as prices of t...
Wednesday, November 11, 2015 Noranda taking $138M write-down » Noranda Aluminum Holding reported a third-quarter net loss of more than $175 million after needing to write down all of th...
Wednesday, November 11, 2015 Venezuela PDVSA negotiates light oil import deals for 2016 » Venezuelan state oil company PDVSA will secure contracts to import crude by early next year, a senior executive said, phas...
Wednesday, November 11, 2015 PDVSA, Citgo progress on Aruba refinery's restart: official » Venezuela's PDVSA and its unit in the United States, Citgo Petroleum, are studying various options to restart the Aruba re...
Wednesday, November 11, 2015 Keystone XL decision may indicate changing energy landscape » WASHINGTON, Nov. 9 (UPI) -- U.S. and Canadian statements regarding the decision on the Keystone XL oil pipeline may reflec...
Wednesday, November 11, 2015 Keystone XL: Not dead yet? » President Obama’s rejection of the Keystone XL oil pipeline might not be the end of the road for the controversial project...
Wednesday, November 11, 2015 International Energy Agency expects low oil prices until 2020 » Canada’s oil industry should not expect a quick rebound in crude prices to pre-collapse levels, despite growing demand and...
Tuesday, November 10, 2015 Hindalco Q2 PAT at Rs 103 crore, up 31% annually » Hindalco Industries reported a net profit of Rs 103.27 crore in the September quarter, up 31% from same period last year o...
Tuesday, November 10, 2015 Noranda Reports Third Quarter 2015 Results » Aluminum prices are at their lowest levels since the global financial crisis, which presents a financial challenge to all...
Tuesday, November 10, 2015 USW joins China Trade Task Force in campaign to combat illegal Chinese aluminum subsidies » The United Steelworkers (USW) union, the largest industrial union in North America representing more than 1.2 million acti...
Tuesday, November 10, 2015 Venezuela Liquidating Assets As Economic Crisis Worsens » Venezuela is at a political crossroads, with an all-important parliamentary election set to take place in December. Meanwh...
Tuesday, November 10, 2015 How Shale Oil Will Survive The Crude Carnage » In my previous article Why the Bakken Boomed, I discussed the shale oil boom that has had such a dramatic impact in North...
Tuesday, November 10, 2015 Canada’s Oil Sector Cautiously Optimistic About Late 2016 Recovery » What you see is what you get. Unless, of course, things change. And so it goes in the highly uncertain world of trying to...
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