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News & Press

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

Industry News
Tuesday, October 14, 2014 Rio Tinto to sell stake in Cameroon aluminium smelter » Rio Tinto plans to sell its shares in an aluminium smelter in Cameroon, ending several decades in partnership with the gov...
Monday, October 13, 2014 OPC, consumers file new proposal to lower Noranda power rates » The Missouri Office of Public Counsel (OPC) has filed a new compromise proposal agreement with the Missouri Public Service...
Monday, October 13, 2014 Significant Victory for Defendants in Sierra Club Pollution Suit » In Sierra Club v. Energy Future Holdings Corp., No. W-12-CV-108 (W.D. Tex. August 29, 2014), a Texas federal judge recentl...
Monday, October 13, 2014 Petron tests unit of $2-B Refinery Master Plan 2 » PETRON Corp. has commenced testing one of the units of its $2-billion Refinery Master Plan 2 (RMP-2) in preparation for fu...
Monday, October 13, 2014 BPCL-Kochi Refinery Project Chugs Along at a Superfast Clip » KOCHI: At a time when every completed piling of Kochi Metro hogs news headlines, away from the spotlight, the ambitious ex...
Thursday, October 9, 2014 Shipbuilders, Oil Refiners Spar Over Cost of U.S. Ships » The Jones Act, which requires that ships carrying cargo between U.S. ports be built in the United States and crewed by Ame...
Thursday, October 9, 2014 Alcoa Recovery: Not Just About Aluminum Production - Transformation By Value Adding » In recent years, the aluminum industry has been challenged by the cost of energy and oversupply. http://seekingalpha.com...
Thursday, October 9, 2014 Alcoa Cost Cuts, Higher Prices Lift Net » Alcoa Inc. AA -0.19% posted its strongest earnings in a year and a half on the back of higher aluminum prices, lower mater...
Thursday, October 9, 2014 RET review rejection boosts south-west energy industry » A DEAL to save the south-west’s green energy industry is edging closer after the government rejected calls to dump the ren...
Thursday, October 9, 2014 Alcoa sees smaller aluminum market deficit on China smelter restarts » (Reuters) - Alcoa Inc has decreased its estimate for the globalaluminum market deficit this year due to smelter restarts i...
Wednesday, October 8, 2014 Must-know: The structure of Petrobras’ refining business » Petrobras (PBR) has been losing money in its Refining, Transportation, and Marketing segment. http://marketrealist.com/2...
Wednesday, October 8, 2014 Saudi Arabia cuts oil costs to lift refining margins » Saudi Arabia cut its oil costs last week to boost margins for refinery clients and the move didn’t signal the start of a p...
Wednesday, October 8, 2014 Mexico's new regulatory framework for oil and gas: transportation, refining, environmental, and tax » Under the new hydrocarbons legislation, the Comisión Reguladora de Energìa("CRE," the National Energy Regulatory Commissio...
Wednesday, October 8, 2014 COLUMN-US refineries fast running out of flexibility on crude: Kemp » Oct 7 (Reuters) - The United States imported more than 7 million barrels per day of crude oil during the first seven month...
Wednesday, October 8, 2014 Two industry groups eye Lafarge-Holcim assets - sources » LONDON/NEW YORK/FRANKFURT, Oct 7 (Reuters) - Irish cement maker CRH has teamed up with Mexican rival Cemex to explore a bi...
Wednesday, October 8, 2014 Suncor wraps planned maintenance at Edmonton refinery » Suncor Energy Inc. has completed a month of scheduled maintenance at its 142,000-b/d refinery in Edmonton, Alta., the comp...
Tuesday, October 7, 2014 EU gives break to Canadian crude oil » BRUSSELS, Oct. 7 (UPI) -- European Union members are called on to choose low-carbon fuels over more polluting ones like oi...
Tuesday, October 7, 2014 Rail industry pushes feds to drop crude-oil reporting rule » Two railroad industry trade groups have quietly asked the U.S. Department of Transportation to drop its requirement that r...
Tuesday, October 7, 2014 US should reexamine Jones Act, Tesoro’s CEO recommends » Tesoro Corp. Chief Executive Officer Gregory J. Goff called for a review of the Jones Act, a federal law dating from the 1...
Tuesday, October 7, 2014 Will Oil Drop to $60? » That $100/bbl benchmark could prove challenging, given the growing supply of shale oil in the U.S. Texas produces as much...
Tuesday, October 7, 2014 Rio Tinto Rejected Takeover Approach From Glencore » Rio Tinto Group jumped the most in more than a year in London after saying it rejected a merger approach from Glenco...
Tuesday, October 7, 2014 Lafarge requests permit to burn new materials » The Michigan Department of Environmental Quality held a public hearing Wednesday to receive comment on a draft permit for...
Monday, October 6, 2014 Smelter exemption push » EXEMPTIONS worth millions of dollars a year for Portland aluminium smelter are likely to be approved by the federal govern...
Monday, October 6, 2014 Could a Jones Act waiver move US crude export policy? » US crude oil exports appear to be the next big energy policy battle, but could a rift between East Coast refiners and US p...
Monday, October 6, 2014 Venezuela's diluted crude oil shipments to Citgo down by 57% » Shipments dropped to 2.13 million of barrels in September. http://english.eluniversal.com/economia/141006/venezuelas-dil...
Friday, October 3, 2014 US ports weigh value of terminal automation investment » As U.S. ports ponder the inevitability of automating their terminal operations, they must answer two key questions -- how...
Friday, October 3, 2014 INA makes no decision yet on Hungarian MOL's Croatian refineries » The Supervisory Board of Croatian refiner INA has failed to reach a decision on the future of the company’s refineries, Cr...
Friday, October 3, 2014 Refiners say they can handle light, sweet crude from US wells » Refiners opposed to oil exports said Thursday they have more than enough plants and equipment to process the light, sweet...
Friday, October 3, 2014 INA's supervisory board urges management to finalise refining strategy » The supervisory board of the INA oil and gas company has called on the management board to finalise a refining strategy an...
Thursday, October 2, 2014 Glencore predicts strong market ahead for thermal coal » In the face of withering coal prices and a soft market, Glencore is still predicting long term viability for thermal coal....
Thursday, October 2, 2014 EPA releases Greenhouse Gas Reporting Program data, attributes emissions increase to coal-fired powe » The U.S. Environmental Protection Agency released its fourth year of Greenhouse Gas Reporting Program data Sept. 30, placi...
Thursday, October 2, 2014 Refiners Seek to Debunk Case for Ending Oil-Export Ban » A group of refiners that support a four-decade-old ban on oil exports today sought to debunk a key argument of opponents:...
Thursday, October 2, 2014 Value-added Businesses To Boost Alcoa's Q3 Results » In addition, the recent resurgence in aluminum prices will also positively impact the fortunes of the company’s upstream...
Thursday, October 2, 2014 Regulators reject challenge to Ameren power rates » Ameren Missouri outlined new plans Wednesday to gradually reduce its reliance on coal-fired power plants, while state util...
Thursday, October 2, 2014 CVR Refining Stock Price Down With Opportunity For Appreciation, Growth And Distribution » Although a fire in July, 2014, production is back to full operations. We anticipate a dip in the distribution for third qu...
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