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News & Press

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

Industry News
Wednesday, May 20, 2015 US oil stockpiles fall as refiners lift operating rates » Crude inventories declined 2.67 million bbl last week, according to the Energy Information Administration, as refinery ope...
Wednesday, May 20, 2015 No injuries reported after flare at Phillips 66 refinery in Rodeo » No one was injured when a processing unit at the Phillips 66 refinery in Rodeo flared late Monday, producing a bright flar...
Wednesday, May 20, 2015 USW workers vote to continue strike at Marathon’s Galveston Bay refinery » According to the USW, local issues that would eliminate job security and roll back safety policies are at the heart of the...
Wednesday, May 20, 2015 Exxon Shuts Several Units for Planned Maintenance at Torrance Refinery » Exxon Mobil Corp said on Wednesday it has shut a gasoline-making fluid catalytic cracking unit, alkylation unit, LPG merox...
Wednesday, May 20, 2015 Marathon Disappointed Galveston Bay Workers Reject Contract Offer » Marathon Petroleum Corp said on Tuesday it was disappointed by the rejection of a contract offer by striking workers at th...
Wednesday, May 20, 2015 Southwire sees no aluminum supply disruption from Century lockout » Cable and wire manufacturer Southwire has taken steps to ensure supplies to its Kentucky rod plant continue, a spokesman s...
Wednesday, May 20, 2015 AAR says oil-by-rail volumes dropped almost 12 pct in 1st qtr » Crude oil shipments by top U.S. railroads fell nearly 12 percent in the first quarter of this year from the previous three...
Wednesday, May 20, 2015 Japan's economy grows faster than expected » Japan's economy staged an encouraging comeback in the first quarter, expanding at its fastest pace in a year, data showed...
Wednesday, May 20, 2015 Texas governor signs law banning local fracking restrictions » Texas Gov. Greg Abbott has signed a bill to block local ordinances against hydraulic fracturing. http://thehill....
Wednesday, May 20, 2015 UPDATE 1-Pemex dampens talk of refining exit after CFO mentions sale option » Mexican state oil firm Pemex said on Wednesday it had no current plans to sell its refining and petrochemical businesses a...
Wednesday, May 20, 2015 Pemex mulls selling refining, petrochemical businesses - report » Mexican state-run oil firm Pemex could sell its refining and petrochemical business and invest the proceeds in more profit...
Wednesday, May 20, 2015 MARKET WATCH: Crude prices slide on strengthening dollar, abundant world supply » Crude oil prices on the New York and London markets declined May 18 and early May 19 as the US dollar gained 1% vs. a...
Tuesday, May 19, 2015 Brent crude prices may stay supported — for now » Dubai: Brent crude prices may stay supported for now even as a weaker dollar helps gold to gain more lustre. htt...
Tuesday, May 19, 2015 Speculation that Rio Tinto's Tiwai Point smelter for sale » Rio Tinto is reportedly reviving efforts to sell off some of its Australasian aluminium assets, including the Tiwai Point...
Tuesday, May 19, 2015 RET deal boost for Bell Bay smelter » BELL Bay Aluminium says a milestone deal struck on the Renewable Energy Target will save the company up to $10 million a y...
Tuesday, May 19, 2015 FACT Land: Government Giveth and Government Taketh Away » KOCHI: In a move that could stir up a tussle, the state government has issued an order taking back 150 acres of FACT land...
Tuesday, May 19, 2015 Bay Point: Big rig truck crashes into car out of gas on Highway 4 » BAY POINT -- A big rig driver early Saturday crashed into a car stopped on Highway 4, causing the rig to overturn and spil...
Tuesday, May 19, 2015 UPDATE: Lanes reopen after Saturday Bay Point big rig crash, 80K lbs petcoke spill » The CHP has reopened all lanes of Hwy 4 in Bay Point Saturday morning after the cleanup of 80,000 pounds of material spill...
Tuesday, May 19, 2015 Rio Tinto puts Australian Pacific Aluminium division up for sale - again » Rio Tinto is attempting to sell its unwanted Pacific Aluminium division once again amid tentative signs an upturn in the g...
Tuesday, May 19, 2015 Aluminium: How the prices will move in May? » Aluminium prices may trade lower in May’15 as supply glut concerns amidst weak demand as Chinese output is likely to incre...
Tuesday, May 19, 2015 Rio said to sell $1B worth of aluminum assets » Rio Tinto (LON, ASX:RIO) is selling its Pacific Aluminum business – a group of smelters in Australia and New Zealand – in...
Tuesday, May 19, 2015 Rio Tinto pushing Pacific division sale » The Tiwai Point aluminium smelter may get a new owner after reports from London speculating owner Rio Tinto is again putti...
Tuesday, May 19, 2015 Rio Tinto tipped to again try and offload smelters » The sharp fall in the US exchange rate and the benefits of a savage cost-cutting program are tipped to have prompted Rio T...
Friday, May 15, 2015 Britain risks losing out in carbon debate if it exits EU » Should Britain vote to leave the European Union it would be relegated to the sidelines over important carbon market reform...
Friday, May 15, 2015 The Impact Of A Sustained Increase In Chinese Aluminum Production On Alcoa » Aluminum prices have been fairly subdued this year. London Metal Exchange (LME) aluminum prices have averaged roughly $1,8...
Friday, May 15, 2015 Russia's RusAl Sees Aluminum Prices Stabilizing in Tough Market » MELBOURNE — Russia's United Company RusAl quadrupled its quarterly core earnings on Wednesday, helped by a weaker ruble an...
Friday, May 15, 2015 ‘Stopping smelter project was the best move’ » The decision by the People’s Partnership Government in 2010 to stop the Alutrint smelter project was the “best” move, says...
Friday, May 15, 2015 ExxonMobil begins Cold Lake project expansion production » ExxonMobil announced that bitumen production began on schedule at the US$2 billion Cold Lake Nabiye project expansion in n...
Friday, May 15, 2015 Apollo selling Noranda stake for $47 million » Noranda Aluminum's largest shareholder is selling its one-third stake in the company for $2.075 per share. http://www....
Friday, May 15, 2015 Oil Falls as Reduced U.S. Refinery Activity Curbs Crude Demand » Oil fell for a second day after the biggest drop in U.S. refinery activity in four months cut crude demand. http...
Friday, May 15, 2015 Alro: “We cannot afford Romania’s high eco-tax on energy for another year” » Aluminum maker Alro Slatina can no longer afford the high energy costs it paid last year, USD 66 million, and cannot see a...
Friday, May 15, 2015 Stronger dollar steers Romanian aluminum producer Alro back to profit » Romanian aluminum producer Alro Slatina, part of international group Vimetco, posted an adjusted net profit of some EUR 5....
Friday, May 15, 2015 (0 Comments - view/add) The financial case against Australia's largest coal mine » The threat of the Carmichael mine to the environment is clear but as coal prices fall, bad economics could be the stronges...
Friday, May 15, 2015 CRH partners with Aboitiz for some Lafarge assets in the Philippines » Aboitiz Equity Ventures has said it plans to partner with Ireland's CRH to buy the Philippines cement business of France's...
Friday, May 15, 2015 Aboitiz in talks with Ireland’s CRH for Lafarge stake » THE ABOITIZ group said on Friday it will foray into the infrastructure business through Irish building materials company C...
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