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News & Press

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Industry News
Wednesday, June 24, 2015 Hope for Greek economy rises after Athens offers new belt-tightening » Greek officials broke a stalemate in negotiations with European creditors on Monday by offering more budget cuts and pensi...
Wednesday, June 24, 2015 Italy in Greece's economic shadow » As Greece moves ever closer toward capital controls and default, one hopes that European policymakers are mindful of the l...
Wednesday, June 24, 2015 Exxon Mobil Corp. to sell Louisiana refinery » Exxon Mobil Corp. will sell its interest in Chalmette Refining LLC in Louisiana to PBF Energy Inc. http://www.bizjourn...
Wednesday, June 24, 2015 BP, Rosneft to restructure German refining JV » BP and Rosneft have agreed to pursue a reorganization of their refining joint venture in Germany, Ruhr Oel GMBH, the compa...
Wednesday, June 24, 2015 A year of change at Mangalore Refinery and Petrochemicals » Mangalore Refinery and Petrochemicals Ltd (MRPL) finds itself in a sweet spot. For one, the operating environment for refi...
Wednesday, June 24, 2015 Power industry eyes on Tiwai Pt » Smelter owner Rio Tinto may end contract with Meridian Energy equivalent to 13% of total electricity demand. htt...
Wednesday, June 24, 2015 Yunlin County angered over moves on coal ban » Yunlin County Commissioner Lee Chin-yung (李進勇) and Democratic Progressive Party (DPP) Legislator Liu Chien-kuo (劉建國) yeste...
Tuesday, June 23, 2015 Venezuela Sells Chalmette Refinery » U.S. company PBF is buying the Chalmette oil refinery, a “joint venture” between Exxon Mobil and Petróleos de Venezuela SA...
Tuesday, June 23, 2015 Exxon Mobil, Petroleos de Venezuela to Sell Jointly Owned Refinery -- Update » Exxon Mobil Corp. and the national oil company of Venezuela are ending their business partnership, as they are selling a j...
Tuesday, June 23, 2015 Venezuela's PDVSA sells interest in U.S. refinery » State-owned oil giant Petroleos de Venezuela, or PDVSA, said Thursday it was selling its 50 percent interest in a refinery...
Tuesday, June 23, 2015 PBF expands Gulf of Mexico refinery footprint » Independent refiner PBF Energy said it will spend more than $300 million to acquire a Louisiana oil refinery from Ex...
Tuesday, June 23, 2015 PBF Energy plans to revitalize $322 million Louisiana refinery, expand beyond Venezuelan crude » PBF Energy Inc pledged Thursday to revitalize an oil refinery in Chalmette, Louisiana which was stuck in an unhappy marria...
Tuesday, June 23, 2015 Fallout follows Yunlin-FPG talk » Although a committee found that Formosa Plastics’ data fell short about the fuels it burned, two power plants’ permits wer...
Tuesday, June 23, 2015 Coal Train Dust Worries Richmond Residents » Trains heaped with coal pass through Richmond every week on their way to the city’s port. http://ww2.kqed.org/sc...
Tuesday, June 23, 2015 COLUMN-Surging aluminium production promises more pain » Global aluminium production growth is on a surge again. http://www.reuters.com/article/2015/06/22/aluminium-outp...
Tuesday, June 23, 2015 India's refinery runs rebound in May as plants return from maintenance » Crude oil throughput at India's state-owned and private refiners rebounded in May after dipping slightly in April due to m...
Tuesday, June 23, 2015 Refinery watch: Planned and unplanned US outages » Canadian Oil Sands said June 10 that Syncrude Canada advanced 50 days of planned turnaround maintenance on Coker 8-1 at th...
Tuesday, June 23, 2015 Exxon Mobil (XOM) to Sell Chalmette Refining Stake (PBF) » Exxon Mobil (NYSE: XOM) has reached an agreement with PBF Energy, Inc. (NYSE: PBF), for the sale and purchase of its 50 pe...
Tuesday, June 23, 2015 What PBF Gets With Its Purchase of Louisiana Refinery From Exxon, PdVSA » New Jersey-based independent oil refiner PBF Energy Inc. (NYSE: PBF) has agreed to purchase Chalmette Refining LLC from co...
Tuesday, June 23, 2015 UPDATE 1-PBF Energy to buy Chalmette refinery from Exxon and PDVSA » PBF Energy Inc agreed to pay $322 million to acquire the 189,000-barrel-per-day Chalmette oil refinery in Louisiana and re...
Tuesday, June 23, 2015 PBF to acquire Chalmette refinery in Louisiana from ExxonMobil, PdVSA » PBF Energy has signed a definitive agreement to purchase Chalmette Refining, LLC, consisting of the 189,000-bpd Chalmette...
Tuesday, June 16, 2015 Power Supply Deadline Does not Seem to be aThreat for the Aluminium Smelters » The deadline of power supply contract which may be a challenge for Aluminium Smelters in New Zealand was thought to be ala...
Tuesday, June 16, 2015 NZAS 2014 Sustainable Development Report shows aluminium production increase but market still volati » The power supply contract deadline that could see New Zealand Aluminium Smelters close is looming but a report from the sm...
Tuesday, June 16, 2015 European refining margins jump on weak crude oil prices » European refining margins have strengthened further over the past week on slumping crude oil prices and strong Asian and U...
Tuesday, June 16, 2015 Rio Tinto to test new smelting process at Alma facility » Rio Tinto will launch a $12 million project aimed at enhancing the aluminium smelting technology currently employed at sev...
Tuesday, June 16, 2015 U.S. Oil Prices Inch Higher » U.S. oil prices climbed Tuesday on strong demand for crude and the threat of a tropical storm along the Gulf Coast. ...
Tuesday, June 16, 2015 Reliance Ind: Have invested ₹2 lakh crore to expand oil, gas business, says Mukesh Ambani » For the refining and marketing business, Reliance intends to re-commission its entire network of petroleum retail outlets...
Monday, June 15, 2015 Qalaa Holdings report revenue up 42.5 per cent for Q1 2015 » At ERC, I am particularly pleased to announce a construction milestone with the raising of the rerun column for the delaye...
Monday, June 15, 2015 EU law adds 47 euro cents a barrel to refining costs -EU research » EU green energy law added 47 euro cents a barrel to costs for Europe's refineries, according to European Commission resear...
Monday, June 15, 2015 China alumina prices drop on growing supply as production costs fall » Prices of alumina in China have fallen more than 10 percent since January and are unlikely to recover this year as lower p...
Monday, June 15, 2015 Northwest Iceland Signs Contract for New Aluminum Smelter » Municipalities in Northwest Iceland have signed a declaration of intent and a cooperation agreement with Klappir Developme...
Monday, June 15, 2015 Rio Tinto launches C$12 million project to develop AP44 technology at its Alma aluminium smelter » Rio Tinto will launch a C$12 million project aimed at enhancing the aluminium smelting technology currently employed at se...
Monday, June 15, 2015 BoA extends validity of Vedanta SEZ » The Board of Approvals for Special Economic Zones (SEZs) under Union commerce & industry ministry has extended the val...
Monday, June 15, 2015 Alba appoints financial advisors for Line 6 Expansion Project » Aluminium Bahrain B.S.C. (Alba), one of the leading aluminium smelters in the world, announced the appointment of financia...
Friday, June 12, 2015 Crude by rail supplies the West Coast » Total US crude oil production increased by almost 3.2 million bpd between 2010 and 2014, however production in the West Co...
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