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Industry News
Friday, July 10, 2015 Petrobras plans 62 pct Abreu e Lima crude-oil processing boost » Brazil's state-run oil company Petrobras hopes to boost the crude processing capacity of its newest refinery 62 percent to...
Friday, July 10, 2015 (0 Comments - view/add) Rio Tinto's revamped Canadian aluminium smelter goes on stream » Anglo-Australian mining giant Rio Tinto Plc has begun operation of its upgraded aluminium smelter in Canada, targeting a s...
Friday, July 10, 2015 FACTBOX-Rosneft's foreign oil refining assets » Rosneft has signed a preliminary deal to buy a 49 percent stake in Essar Oil , which controls the Vadinar oil refinery, In...
Friday, July 10, 2015 Russia's idle oil refining capacity rises 25 pct for a week - data » Russia's offline primary oil refining capacity has been increased by 25 percent for a week prior to July 8, Energy Ministr...
Friday, July 10, 2015 Bahrain imports Saudi oil worth $7.4 billion in 2014 » Bahrain imports about 230,000 barrels per day (around 80 million barrels per year) from Saudi Arabia to refine at BAPCO Ba...
Friday, July 10, 2015 Alcoa takes upbeat tone despite dented aluminium price » Alcoa, the aluminium group, has reported earnings below analysts’ expectations but taken an upbeat tone on the rest of the...
Friday, July 10, 2015 Oil Under $60 Beyond 2016 Suggests Market Rethinking Shale » The almost 10 per cent nosedive in headline oil prices this week has many hallmarks of a shocking but short-lived slump, t...
Friday, July 10, 2015 Commodities fall saves China’s blushes » China’s economy would have grown at less than 6 per cent in the first quarter of the year were it not for the collapse in...
Friday, July 10, 2015 Turkish Economy Hit by Greek Crisis » Turkish financial markets are among the worst hit in the face of its Greek neighbor's troubles and the Turkish lira has hi...
Wednesday, July 8, 2015 Greek debt crisis: Oil falls below $US60 » Brent crude oil has fallen below $US60 a barrel due to concerns that the Greece crisis may stifle economic growth while al...
Wednesday, July 8, 2015 One Outsider's Survival Strategy In A State-Dominated Industry In China » China was still in the early phases of its economic reforms in the 1990s, and global cement giants Lafarge, Heidelberg and...
Wednesday, July 8, 2015 Holcim-Lafarge merger moves close to completion » The public exchange offer made by Holcim Ltd. (HOLN.VX) for France's Lafarge SA (LG.FR) has been successful, bringing the...
Wednesday, July 8, 2015 Rio Tinto completes $3.3bn upgrade of Kitimat aluminium smelter in Canada » Rio Tinto Alcan has reopened its Kitimat aluminium smelter in Canada after completing its $3.3bn modernisation and is prep...
Wednesday, July 8, 2015 Targeting volumes at 1,80,000 tn for FY16: Goa Carbon » Goa Carbon expects its volumes at 1,80,000 tonnes on the back of orders worth 100,000 tonnes from its major alumini...
Wednesday, July 8, 2015 Aluminum Bear Market Piles Pressure on World’s Biggest Smelters » The world’s biggest aluminum makers will be under even more pressure to make deeper production cuts and stave off a price...
Wednesday, July 8, 2015 Rio targets N.America, Asia-Pacific after aluminium smelter revamp » Rio Tinto said on Wednesday it was looking to lift its market share in North America and the Asia-Pacific region after rev...
Wednesday, July 8, 2015 Kitimat's cleaner, more productive smelter pours first aluminum » A ceremonial first pour of molten metal at Rio Tinto Alcan's aluminum plant Tuesday marked the completion of a multibillio...
Wednesday, July 8, 2015 Alcoa Earnings Preview: Falling Premia To Weigh On Results » Alcoa Inc is scheduled to release its second quarter earnings report after closing bell tomorrow. http://www.val...
Wednesday, July 8, 2015 Kitimat’s cleaner, more productive smelter pours first aluminum » A ceremonial pour of molten aluminum at Rio Tinto Alcan’s Kitimat smelter marks a major milestone for the $4.8 billion mod...
Tuesday, July 7, 2015 U.S. crude producers press Congress for freedom to export » American oil producers eager to sell their bounty abroad are pointing to a Delta Air Lines refinery’s purchase of millions...
Tuesday, July 7, 2015 Durbin, Kelly unveil bill to regulate tar-sands refining, study pet-coke byproduct » U.S. Sen. Dick Durbin (D-IL) and U.S. Rep. Robin Kelly (D-Dist. 2) said late last week that they are co-sponsoring legisla...
Tuesday, July 7, 2015 IOC, other state-run refiners turn sights to Latin America » Reliance Industries Ltd (RIL) may soon face competition from state-run companies such as Indian Oil Corp. Ltd (IOC) that p...
Tuesday, July 7, 2015 Kitimat Rio Tinto aluminum smelter re-opens » Rio Tinto re-opens its controversial Kitimat aluminum smelter today, as air quality hits the worst B.C. has seen in decade...
Tuesday, July 7, 2015 Goa Carbon ascends 2.8% after announcement of production data » Goa Carbon has reported a total production of 15,797 MT Calcined Petroleum Coke in the month of June, valued at Rs. 25.38...
Thursday, July 2, 2015 New Aluminium Could Be Smelter On The Way » A partnership between a Chinese and an Icelandic company has been struck to build an aluminium smelter in north Iceland.&n...
Thursday, July 2, 2015 Oxbow Activated Carbon LLC Acquires all Assets of Superior Adsorbents, Inc. » West Palm Beach, FL – Oxbow Activated Carbon LLC, a wholly-owned subsidiary of Oxbow Carbon LLC, announces that it has acq...
Thursday, July 2, 2015 Smelter looking for cheaper arrangement » New Zealand's Aluminium Smelter says it will use its one month negotiation extension with Meridian Energy to investigate c...
Thursday, July 2, 2015 Update:Key says Government won't add to NZ$30 million of support given to Rio Tinto to keep Tiwai Pt » Meridian Energy has granted New Zealand Aluminium Smelters until August 3 to decide on the future of its power supply deal...
Thursday, July 2, 2015 BP reaches $18.7 billion settlement over deadly 2010 spill » BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from...
Thursday, July 2, 2015 US Economy Adds 223,000 Jobs In June, Unemployment Rate Falls To 5.3% » U.S. employment rose by 223,000 jobs in June and the unemployment rate fell to 5.3 percent, the Labor Department said Thur...
Tuesday, June 30, 2015 United States Supreme Court Reverses Utility MACT Rule » Today, the United States Supreme Court ruled that EPA unreasonably interpreted the Clean Air Act (CAA) when the agency fai...
Tuesday, June 30, 2015 Novelis Brazil unit aims big expansion in export market » The country has produced 334,000 mt of primary aluminum during Jan-May ‘15, nearly 30% lower when compared with the produc...
Tuesday, June 30, 2015 Key says Government won't add to NZ$30 million of support given to Rio Tinto to keep Tiwai Pt open » On the eve of a deadline on the future of the Tiwai Point aluminium smelter, Prime Minister John Key has reiterated that t...
Tuesday, June 30, 2015 Rio Tinto aluminium smelter in New Zealand faces possible power crunch » Rio Tinto's aluminium smelter in New Zealand, which has suffered losses in two of the last three years, faces a July 1 dea...
Tuesday, June 30, 2015 Nigeria can realise its huge economic potentials if …… ALSCON MD » Zaviyalov Dmitry is the Managing Director of the Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa I...
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