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News & Press

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

Industry News
Wednesday, August 27, 2014 Russian Aluminum Giant RusAl Enjoys Recovery » Russia's United Company RusAl Plc returned to profit for the first time in five quarters on Wednesday and gave a bullish o...
Wednesday, August 27, 2014 The sale of CITGO » GlobalData has said that a Chinese company that possesses the capital and ambition to strategically expand its influence i...
Wednesday, August 27, 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 in res...
Wednesday, August 27, 2014 Garcia: Block Venezuela's sale of Citgo » U.S. Rep. Joe Garcia and Venezuelan opposition leaders in Miami called on the Obama administration Wednesday to block Vene...
Wednesday, August 27, 2014 Aluminum Prices Surge on Smelter Closure and Other Good News » A series of positive news cheered the aluminum market. The October-delivery aluminum in SHFE market hit a high of 14,520 y...
Wednesday, August 27, 2014 Rusal to keep aluminum smelters' run rate below 80% despite rising prices » Russian Rusal plans to produce 1.8 million mt of aluminum over July-December, keeping the run rate of its smelters at less...
Tuesday, August 26, 2014 BREAKINGVIEWS-Court order adds urgency to India's coal crunch » India's Supreme Court has added urgency to the country's coal crunch. That may force the government to take steps to end t...
Tuesday, August 26, 2014 Coffeyville refinery to restart this week after fire » The Coffeyville refinery will restart operations this week after a fire shut it down on July 29. http://www.kansas.com/n...
Tuesday, August 26, 2014 Run rates still recovering at Amuay refinery after 2012 blast, PDVSA says » Venezuela's state-owned Petroleos de Venezuela SA (PDVSA) said crude oil throughput rates continue to recover at the Amuay...
Tuesday, August 26, 2014 EIA predicts 75 percent increase in Mexico’s oil output » Mexico’s actions to end its state monopoly on oil and natural gas will spur a “profound” increase in country’s oil product...
Monday, August 25, 2014 State Department: Enbridge can boost oil sands imports without new permits » Canada-based transportation company Alberta Enbridge won clearance from the U.S. State Department to move more oil sands i...
Monday, August 25, 2014 Understanding Enbridge’s Oil Sands Pipeline Tactic From Canada » A pipeline company intends to connect two pipelines in order to add more than 300,000 barrels per day of capacity to cross...
Monday, August 25, 2014 Keystone XL - who needs it? We got a railroad! » Climate change and tar sands activists opposing Keystone XL need to wake up to a new reality - the pipeline has already be...
Monday, August 25, 2014 SK E&C wins has won an oil sands plant project in Canada worth $2.5 billion » SK E&C, the construction arm of SK Group, has won an oil sands plant project in Canada worth $2.5 billion. http://ww...
Monday, August 25, 2014 will begin the construction of a cement plant in Colombia » On 14 Aug 2014 CEMEX, S.A.B. de C.V. (NYSE:CX) announced that its subsidiary, CEMEX Latam Holdings, S.A. (“CLH”) (CLH.V),...
Monday, August 25, 2014 Refinery’s cranes lift more than parts as McPherson booms » For years, the The National Cooperative Refinery Association oil refinery has been a pivotal fixture of the McPherson skyl...
Monday, August 25, 2014 Terrace residents fight for standing in appeal of Rio Tinto smelter permit » Two individuals are continuing a fight for standing in an appeal of an air emissions permit for Rio Tinto’s $3.3-billion s...
Monday, August 25, 2014 Alcoa to Close Portovesme Smelter in Italy » Alcoa (NYSE:AA) today announced that it intends to permanently close its Portovesme (Carbonia-Iglesias, Italy) primary alu...
Friday, August 22, 2014 IOC to hike processing of cheaper crude to 30 pc by 2017-18 » OC owns 30 per cent of the nation’s oil refining capacity, turned 54.65 million tons of crude oil into fuel. Of the crude...
Friday, August 22, 2014 Europe Refinery Profits Seen Lowest Since ’11 on Imports » European refiners are already enduring the worst slump in decades. A growing heating-oil glut is about to make it worse....
Friday, August 22, 2014 Refinery retrofits ahead on Gulf Coast » The Texas Gulf Coast will be ground zero for a push to equip refineries to handle a flood of light crude unlocked in the U...
Thursday, August 21, 2014 DEQ prepares draft permit for Holcim Inc. » The Department of Environmental Quality has prepared a draft permit for Holcim Inc. to construct a project to modernize th...
Thursday, August 21, 2014 No clarity on Mahan pushes Hindalco to import coal » Analysts say imported coal will shrink Hindalco’s profit margin, but currently aluminium’s price is rising, which may soft...
Thursday, August 21, 2014 Med Crude-Urals weakens in the Med, Achinsk refinery to restart » Russian Urals crude weakened on Thursday in the Mediterranean, catching up with much weaker prices in the Baltic, showing...
Wednesday, August 20, 2014 Aluminum: Too much to handle » Producing aluminum in Brazil got so expensive as electricity prices surged to records this year that Alcoa Inc. idled its...
Wednesday, August 20, 2014 ANALYSIS-Refiners seek Jones Act workarounds as crude export debate heats up » As the first U.S. oil condensate exports head to Asia from the Gulf Coast, crude producers and refiners are exploring ways...
Wednesday, August 20, 2014 Billiton spins off SA assets into NewCo » BHP Billiton planned to establish and split off a new metals and mining company, NewCo, in which its South African alumini...
Wednesday, August 20, 2014 AGL flag closure of Tomago smelter » ENERGY company AGL has controversially flagged the potential closure of the Tomago Aluminium smelter in a statement to the...
Wednesday, August 20, 2014 AGL modelling says Hunter power plant and aluminium smelter could close » Gas giant AGL says it is basing forward modelling on conservative assumptions that a newly acquired Hunter Valley power pl...
Wednesday, August 20, 2014 Regulators deny southeast Missouri smelter’s rate request » The Missouri Public Service Commission on Wednesday denied Noranda Aluminum’s request for a special rate from Ameren Misso...
Wednesday, August 20, 2014 Pemex to import light crude from US » Mexico’s state-owned oil company, Pemex, is poised to abandon a decades-old devotion to self-sufficiency in crude oil, ent...
Wednesday, August 20, 2014 Long Beach City Council upholds decision on coal exports » Coal and petroleum coke will continue to be exported from the Port of Long Beach. http://www.presstelegram.com/governmen...
Wednesday, August 20, 2014 HeidelbergCement Says House Boom Fails to Cure UK Market » HeidelbergCement AG (HEI), operator of the Hanson cement brand in Britain, said a boom in U.K. housebuilding hasn’t raised...
Wednesday, August 20, 2014 Long Beach council approves coal lease » The Long Beach City Council on Tuesday denied a request by a coalition of environmental groups to require that the Port of...
Monday, August 18, 2014 IOC to hike processing of cheaper crude to 30% by 2017-18 » NEW DELHI: Indian Oil Corp (IOC), the nation's largest oil firm, plans to raise processing of cheaper crude oil varieties...
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