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News & Press

Read about recent events, essential information and the latest industry news.

Industry News
Tuesday, November 3, 2015 Rusal prepares testing site for RA-550 reduction cell » Global aluminium producer Rusal has completed preparation of a testing site for the RA-550 reduction cell. http:...
Tuesday, November 3, 2015 Risky Shale Oil-by-Rail Expands Despite Lack of Spill Response Preparedness » The worst onshore oil spill in United States history was the Kalamazoo River tar sands pipeline spill in 2010 with estimat...
Tuesday, November 3, 2015 Dangerous energy gamble: Pipelines vs. rail » Energy companies increasingly have turned to rail to ship crude oil during the fracking boom, but with train crashes becom...
Tuesday, November 3, 2015 White House says Obama to rule on Keystone pipeline before leaving office » The White House on Monday said it continues to expect that President Barack Obama will make a decision on whether to grant...
Tuesday, November 3, 2015 Venezuela Oil Price Tumbles Further Below $40 » CARACAS -- Venezuela's weekly oil basket price fell further back below $40 as oil prices around the world slipped and as t...
Tuesday, November 3, 2015 Venezuela To Receive Angolan Crude From Statoil At Curaçao Oil Terminal » WILLEMSTAD, CARACAS – Venezuela’s state-run oil firm PDVSA will receive next week a 935,000-barrel cargo of Angola’s Giras...
Monday, November 2, 2015 UPDATE 1-Century announces third aluminum smelter curtailment in 2 months » Century Aluminum Co, controlled by Glencore Plc, said it will curtail one of three potlines at its Sebree, Kentucky, alumi...
Monday, November 2, 2015 Who Would Pay For a Worst-Case Oil-by-Rail Disaster? Not the Rail Industry » The worst onshore oil spill in United States history was the Kalamazoo River tar sands pipeline spill in 2010 with estimat...
Monday, November 2, 2015 Alcoa To Curtail Smelting And Refining Capacity To Further Drive Upstream Competitiveness » Lightweight metals leader Alcoa (NYSE:AA) today announced that it is taking decisive action to curtail uncompetitive smelt...
Monday, November 2, 2015 Harsh realities finally push US champions of shale oil into retreat » Prolific output from US shale formations in recent years have thrown the world oil market off balance. htt...
Monday, November 2, 2015 U.S. oil price retreats ahead of inventory data » Moody's downgraded its price assumption in 2016 for Brent crude to $53 per barrel, down from $57, while WTI was cut to $48...
Monday, November 2, 2015 Big U.S. shale oil savings fast becoming a thing of the past » Huge cost savings are waning for U.S. shale oil companies, marking an end to the drastic price cuts on equipment and servi...
Monday, November 2, 2015 Big Oil ramps up output just as prices sink » After years of declining output, major oil companies have ramped up crude production this year, just as they are being bat...
Monday, November 2, 2015 Century to idle one potline at Sebree aluminium smelter in US » Century Aluminum Sebree is set to close one of three potlines at its aluminium smelter in Sebree, Kentucky, US, by the end...
Monday, November 2, 2015 PRB COAL PRODUCERS MUST CUT PRODUCTION TO BOOST PRICES: ANALYST » Powder River Basin coal producers competing with cheap wind generation and natural gas-fired power will need to reduce pro...
Monday, November 2, 2015 SE Side Residents Planning Protest March Against Pet Coke Piles » People on the Southeast Side say the winds have been kicking up nasty black dust coming from old pet coke piles....
Thursday, October 29, 2015 KSA, China sign oil technology accord Prince Turki announces the agreement in Riyadh. (AN photo) » Saudi Arabia and China have signed a technology agreement to share expertise that would add further value to the oil indus...
Thursday, October 29, 2015 Valero Energy profit up as refining margins widen » The company has earned $1,377 million, or $2.79 a share in the quarter, compared with $1,059 million, or $2 a share for th...
Thursday, October 29, 2015 Don't Expect Any Fireworks from ExxonMobil's Earnings » If earnings from the energy sector are any indication thus far, investors should keep their expectations for ExxonMobil's...
Thursday, October 29, 2015 Statoil's Lack of Exposure to Refining Hurts Bottom Line » The Norwegian state-owned company battles low oil prices as production increases do little to halt slide in top and bottom...
Thursday, October 29, 2015 Sinopec Profit Drops as Crude Slump Beats Out Refining Gains » China Petroleum & Chemical Corp.’s third-quarter profit plummeted 92 percent as lower oil prices and production dwarfe...
Thursday, October 29, 2015 Marathon, CVR post rising refining profits » Refiners like Marathon Petroleum Corp. and Sugar Land-based CVR Energy posted big net income gains for the third quarter T...
Thursday, October 29, 2015 Haley: SC has done all it can to keep aluminum plant running » Gov. Nikki Haley says South Carolina has done all it can to keep a Lowcountry aluminum plant with 600 jobs operating as a...
Thursday, October 29, 2015 Chinalco's Liancheng aluminium smelter delays shutdown - sources » Liancheng aluminium smelter, a unit of Aluminum Corp of China (Chinalco), has delayed a planned shutdown of its metal prod...
Thursday, October 29, 2015 Latest NOx-Reduction Technology successfully applied by HORN at a Petcoke furnace at Owens Illinois, » The Nitrogen oxide (NOx) production in thermal processes is one of the biggest problems at glass melting tanks. &nbs...
Monday, October 26, 2015 Vapor cloud from Exxon refinery in California triggers alarm » The unexplained release of a large vapor cloud on Friday from an Exxon Mobil Corp refinery near Los Angeles prompted autho...
Monday, October 26, 2015 US probes corruption at PdVSA’s Citgo refineries » Three US oil refineries owned by PdVSA’s Citgo subsidiary have a combined capacity to process 749,000 bpd. The company’s l...
Monday, October 26, 2015 Twenty-three US States Sue Environmental Agency Over Coal Plan » Twenty-three states on Friday petitioned a USA appeals court to block the White House’splan to slash power plant carbon di...
Monday, October 26, 2015 Seminole G&T Challenges Clean Power Plan in Federal Court » It took only minutes for opponents to the Obama administration’s Clean Power Plan to reduce carbon dioxide emissions from...
Monday, October 26, 2015 CCGTs now key source of natural gas demand support in Britain » Increasing profitability of natural gas fired power plants in Britain has seen the units become a key source of support fo...
Monday, October 26, 2015 Outages will define US refiners Q3 earnings » Houston, 26 October (Argus) — Unplanned outages helped determine US refiner fortunes in a volatile third quarter that the...
Monday, October 26, 2015 Phillips 66 Reports Maintenance Work at Borger Refinery » Phillips 66 said in a regulatory filing Sunday night it was beginning more maintenance work at its Borger, Texas refinery....
Monday, October 26, 2015 California Approves New Mobile Scrubbing Technology » The California Air Resource Board (CARB) has approved the use of an Advanced Environmental Group, LLC (AEG) exhaust gas sc...
Monday, October 26, 2015 Oil Market Showdown: Can Russia Outlast The Saudis? » November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces deter...
Monday, October 26, 2015 China stocks rise at market open after central bank cuts rates » SHANGHAI, Oct 26 (Reuters) - China major stock indexes opened up on Monday, after the central bank cut both interest rates...
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