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News & Press

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Industry News
Tuesday, November 10, 2015 Environmental groups call for action on air pollutants » A coalition of environmental groups on Sunday called for the termination of an expansion project of the Central Taiwan Sci...
Tuesday, November 10, 2015 Despite China Slowdown, Global Economy Expected To Gain Momentum In 2016 And 2017 » Global trade and economic activity--held back by China in 2015--is expected to show a modest revival over the next two yea...
Tuesday, November 10, 2015 A looming test for the global economy » The G20 summit at Antalya in Turkey next weekend takes place at a time of continuing risk in the global economy. ...
Tuesday, November 10, 2015 The world — including China — is unprepared for the rise of China » For the first time in centuries, China affects the global economy as much as it is affected by the global economy. In the...
Tuesday, November 10, 2015 RPT-UPDATE 2-Chinese trade disappoints, clouding economic outlook » China's trade figures disappointed analyst expectations by a wide margin in October, reinforcing views that the world's se...
Tuesday, November 10, 2015 Analysts expect Brazil's economy to contract by 3.10 pct. » Brazil's economy will contract by 3.10 percent this year, with the inflation rate hitting 9.99 percent, the Central Bank s...
Monday, November 9, 2015 Italcementi reports 3.2% increase in 9M15 revenues » Italcementi has reported a 3.2% increase in revenues for the 9 months ended 30 September 2015 at €3217 million thanks in p...
Monday, November 9, 2015 Oil Refiners Get Nimble on Refining » Valero Energy (VLO), the largest U.S. refiner, expects 2016 to be a strong year. http://www.foxbusiness.co...
Monday, November 9, 2015 Low oil price takes big bite from Chevron, Exxon earnings » Chevron Corp became the latest company to dismiss workers on Friday, announcing that it would lose between 6,000 and 7,000...
Monday, November 9, 2015 After Keystone decision, industry must locate new paths for crude oil » TORONTO — Following the Obama administration's rejection of the Keystone XL pipeline, the oil industry faces the tricky ta...
Friday, November 6, 2015 Alcoa closing smelters in Ferndale, Wenatchee » The company says it will reduce aluminum smelting capacity by 503,000 metric tons and alumina refining capacity by 1.2 mil...
Friday, November 6, 2015 Alcoa to idle Wenatchee plant » Alcoa will idle its Wenatchee Works plant as part of a companywide plan to shut down smelting operations that are losing m...
Friday, November 6, 2015 BP's Indiana refinery coker unit operational after Wed upset » BP PLC's 410,000 barrel per day (bpd) Whiting, Indiana, refinery had an upset on its 35,000 bpd delayed coker after a comp...
Friday, November 6, 2015 Global oil oversupply rising through 2020 – study » Oversupply in oil markets will likely continue to increase through 2020 as OPEC countries step up production in a power st...
Friday, November 6, 2015 N.C. environmental regulators join second suit against EPA coal plant regulations » For the second time in two weeks the N.C. Department of Environmental Quality is joining a multi-state action against the...
Friday, November 6, 2015 China aluminium smelters seek power fee cuts as metal price hits lows » Emboldened by a state-owned aluminium smelter winning a cut in its electricity costs last month, other smelters in China a...
Friday, November 6, 2015 China fuel surplus to double by 2020 as refining sector opens -CNPC research » Nov 5 Surplus annual production of diesel, gasoline and kerosene in China will double to nearly 30 million tonnes by 2020...
Friday, November 6, 2015 Alcoa to sharply cut smelting, refining capacity » Alcoa will continue to employ 220 workers at its casthouse and its forgings and extrusions facility in Massena. ...
Friday, November 6, 2015 Asia expected to see robust oil refining margins next year » SINGAPORE, Nov 4 (Reuters) - Asian oil refining margins will be robust in 2016, but are unlikely to return to the heights...
Friday, November 6, 2015 China: From aluminum savior to scapegoat » LONDON: Western producers of aluminum have long extolled China as the shining light of the light metal's bright future.&nb...
Friday, November 6, 2015 Unlike Australia, China illustrates the true meaning of direct action on climate » China''s response to an ambitious new plan for direct action on climate demonstrates a high level of appreciation for its...
Friday, November 6, 2015 India Refocuses Coal Future » India, the world’s most coal-dependent nation, has over the last few months very publicly shifted its stance on coal power...
Friday, November 6, 2015 Century Aluminum announces lay off at its Sebree smelter » Century Aluminum has announced it will lay off nearly 30 percent of its workforce at its Sebree smelter by year's end.&nbs...
Friday, November 6, 2015 Crude Oil Prices Rose Due to the Supply Outage » NYMEX-traded WTI (West Texas Intermediate) crude oil futures contracts for December delivery rose by 3.8% and settled at $...
Friday, November 6, 2015 Moody's downgrades Yanzhou Coal's Ba2 ratings to Ba3; outlook stable » Yanzhou Coal is negatively affected by the weak thermal coal prices. https://www.moodys.com/research/Moodys-down...
Friday, November 6, 2015 Chicago's Southeast Siders March For Environmental Justice, Better Air Quality » Southeast Siders and environmentalists took to Chicago's streets Tuesday for a "Day of the Dead march" against industrial...
Friday, November 6, 2015 China burns much more coal than reported, complicating climate talks » BEIJING — China, the world’s leading emitter of greenhouse gases from coal, has been burning up to 17 per cent more coal a...
Friday, November 6, 2015 Canada’s Husky Energy Cuts 1,400 Jobs, Posts Loss » Canada’s Husky Energy Inc. on Friday reported a third-quarter loss of more than 4 billion Canadian dollars ($3 billion) as...
Tuesday, November 3, 2015 Petcoke continues to worry Southeast Side residents » Thirty-foot-tall piles of petcoke continue to tower over the banks of the Calumet River on Chicago's Southeast Side. ...
Tuesday, November 3, 2015 Alcoa to shutter smelters as it prepares to separate » Alcoa Inc. is closing three aluminum smelters and cutting production at an alumina refinery in the United States, moves th...
Tuesday, November 3, 2015 Can Alcoa’s Latest Production Cuts Restore Supply Balance? » On November 2, 2015, Alcoa (AA) announced that the company would curtail its aluminum smelting capacity by 503,000 metric...
Tuesday, November 3, 2015 PBF Energy acquires Chalmette Refinery » Parsippany-based PBF Energy announced Monday that its subsidiary has acquired Chalmette Refining LLC for $322 million.&nbs...
Tuesday, November 3, 2015 Petrobras import of US condensate help address refining shortage, but faces tax controversy in Brazi » But condensate arriving from the United States could be subject to Brazil’s CIDE levy because it has been partially proces...
Tuesday, November 3, 2015 SINOPEC, PETROCHINA CUT DOMESTIC OIL PRODUCT SALES, BOOST EXPORTS » China's state-owned oil giants Sinopec and PetroChina reported a modest 1.73 million mt or 0.7% increase in their domestic...
Tuesday, November 3, 2015 DATED BRENT AT NINE-WEEK LOW AMID WEAK REFINING MARGINS AND CHEAP URALS » Dated Brent has fallen to a nine-week low, with uncommitted November Brent and Forties cargoes weighing on values amid wea...
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