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News & Press

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Industry News
Monday, September 15, 2014 Time ripe for Nalco to raise production? » A public sector undertaking (PSU) is under compulsion to increase production year-on-year, irrespective of the state of th...
Monday, September 15, 2014 Utility consumer groups and legislators support Noranda filing with PSC » Southeast Missouri legislators and consumer advocates throughout the state are voicing growing support for the Noranda Alu...
Monday, September 15, 2014 Venezuela Oil Price Plunges to 3 Year Low » Venezuela's Ministry of Energy and Petroleum reports that the average price of Venezuelan crude sold by Petroleos de Venez...
Monday, September 15, 2014 UPDATE 1-China Aug power output falls for first time in 4 years, steel largely flat » China's power output, a bellwether for economic activity, posted its first annual decline in more than four years in Augus...
Monday, September 15, 2014 Refiners Still Enjoying the ‘Crack Spread,’ Even as Gas Prices Fall » Prices at the pump have fallen sharply this summer, but refineries are still churning outrecords amounts of gasoline. ht...
Monday, September 15, 2014 Date to be rescheduled to vote on resolution for former McLouth Steel site » A vote on expanding the uses of the former McLouth Steel property won’t be happening this week after all. http://www.the...
Friday, September 12, 2014 U.S. shale squeezing out Saudi oil imports, boosting gasoline exports-IEA » North America's shale oil boom has started to squeeze Saudi Arabian oil out of the U.S. market in the same way it di...
Friday, September 12, 2014 U.S. shale squeezing out Saudi oil imports, boosting gasoline exports-IEA » North America's shale oil boom has started to squeeze Saudi Arabian oil out of the U.S. market in the same way it did with...
Friday, September 12, 2014 Russia fears sanctions on refineries, expects gasoline shortages » Any further Western sanctions which may aim at technology for Russia's modernising oil refineries could lead to gasoline s...
Friday, September 12, 2014 Latin America's refiners poised to add over 600,000 b/d of refining capacity » ESAI Energy launches today a new multi-client study, Tipping the Scale, a forward-looking investigation of refined product...
Friday, September 12, 2014 Indian economy to grow 5.6% in 2014, says UNCTAD » The Indian economy will grow at a rate of 5.6 per cent in 2014 while developing economies as a whole will see between 4.5-...
Friday, September 12, 2014 Low interest rates not helping Europe's economy » Europe is hurting. But the continent's debt and stagnation problems aren't going to end soon. http://www.chicagotribune....
Friday, September 12, 2014 Russia Deputy PM: 'Sanctions not good from any side' » Economic sanctions against Russia imposed by the E.U. and the U.S. are not good for the global economy, Russian Deputy Pri...
Thursday, September 11, 2014 Fate of Mahan coal block in MP hangs in balance » With the Supreme Court reserving its verdict on cancellation of coal block allocations, the fate of Mahan Coal Ltd - a joi...
Wednesday, September 10, 2014 THERMAL COAL-Prices fall as oil goes below $100 and China demand stalls » Thermal coal prices fell on Tuesday, responding to weak demand from China and a slide in oil prices to below $100 a barrel...
Wednesday, September 10, 2014 Norsk Hydro to up aluminium output at Norway's Sunndal plant » Norsk Hydro will increase its aluminium output at its Sunndal plant in Norway by 30 percent by the end of the year, the al...
Wednesday, September 10, 2014 Kuwait Says Plans For Refinery Capacity Boost On Track » Kuwait’s plans to boost refining capacity by over 50 per cent are still on track, a senior oil official said, despite havi...
Wednesday, September 10, 2014 Cemex-Holcim Spain Deal Cleared by EU as $50 Billion Lafarge-Holcim Merger Looms » Cemex will be able to buy Holcim’s Spanish assets after being given the green light by the European Commission, an i...
Wednesday, September 10, 2014 California crude slates and oil-by-rail projects » The U.S. and Canadian oil boom has been in fullswing for several years, but California refiners remain far behind peers&nb...
Tuesday, September 9, 2014 See aluminium price hold above USD 2400/tonne: Nalco » Ansuman Das of Nalco expects the aluminium prices to hold above USD 2400 per tonne. Moreover, he thinks with the new gover...
Tuesday, September 9, 2014 SMM Aluminum Weekly Price Review and Forecast (Sept. 9-12, 2014) » The most active SHFE aluminum contract jumped RMB 15,010/mt last week as an explosion at an aluminum smelter in Xinjiang a...
Tuesday, September 9, 2014 McLouth Steel site owners seek to expand operations, residents fear pet coke will be stored at site » Fears of petroleum coke storage ran high at a meeting between the Detroit Steel Co. and the Trenton City Council on Sept....
Tuesday, September 9, 2014 Marathon Now Interested in CITGO Assets? » Marathon Petroleum may be changing its tune on whether it could acquire CITGO’s U.S. refineries. http://www.cspnet.com/m...
Tuesday, September 9, 2014 European refiner squeeze seen in W. African crude changes » European refining is pivotal in "a second wave of structural changes" pummeling West African (WAF) crude oil prices...
Tuesday, September 9, 2014 Rio Tinto invests in Alma » Rio Tinto Alcan announced Tuesday it will spend $14.8 million on improvements to its smelter in Alma over the next year....
Monday, September 8, 2014 Japan Q2 GDP shrinks 7.1 pct, adds to doubt over inflation goal » Japan's economy shrank an annualised 7.1 percent in April-June from the previous quarter, worse than a preliminary estimat...
Monday, September 8, 2014 U.K. Power Plants Use More Coal With Profits Rising » Profit from U.K. coal-fed power plants is at the highest in more than five months, spurring use of the fuel to fill a gap...
Monday, September 8, 2014 CEO: Marathon Oil will expand shale effort in 2015 » Houston-based Marathon Oil president and CEO Lee M. Tillman said Thursday that the company will continue to expand its U.S...
Monday, September 8, 2014 Petcoke Politics Become Major Campaign Issue With National Implications » The petcoke piles plaguing Chicago ‘s Southeast Side have provoked almost universal disdainfrom Illinois’ politicos. htt...
Monday, September 8, 2014 What to watch as Congress returns to town – New ads hit Peters on Keystone XL, petcoke » Lawmakers are back on the Hill this week, but don’t expect energy issues to land atop most priority lists. Congress is foc...
Monday, September 8, 2014 Cross-Country March for Climate Action Arrives in Southeast Chicago on September 8 » Climate Action joins the Southeast Chicago Coalition to Ban Petcoke in the 2nd neighborhood march to 10th Ward Alderman Po...
Friday, September 5, 2014 Venezuela's Maduro removes Ramirez from oil, economy posts » Venezuelan President Nicolas Maduro removed Rafael Ramirez from economic policy posts in cabinet changes that reduce the p...
Friday, September 5, 2014 Japan Aluminum Buyers Said to Pay Record Fee on Output Cut » Aluminum buyers in Japan, Asia’s biggest importer, agreed to pay premiums of $420 a metric ton in the coming quarter, acco...
Friday, September 5, 2014 Mario Draghi Delivers Fresh ECB Plan — Recap » The European Central Bank has acted in the face of stalling European growth. Cutting three main interest rates, including...
Friday, September 5, 2014 Rio Tinto gives up on selling Tiwai stake » Global mining giant Rio Tinto has abandoned hopes of selling its majority stake in the Tiwai Point aluminium smelter in So...
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