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News & Press

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Industry News
Wednesday, July 23, 2014 Japan's spot aluminum imports stall on high prices, heavy stocks » Japan's spot import trade for primary aluminum ingot was lackluster this week amid high London Metal Exchange prices and h...
Wednesday, July 23, 2014 Russia's refinery runs up 3.4 pct in June from May » Russian oil refinery runs in June rose by 3.4 percent month on month or 198,606 barrels per day (bpd) following seasonal m...
Wednesday, July 23, 2014 London aluminium climbed near 16 month peak » Reuters reported that LME aluminium climbed to USD 2,043 per tonne, the loftiest since February last year, bringing gains...
Wednesday, July 23, 2014 Alcoa Inc (NYSE:AA): It is as Rosy as Possible for Now » In a positive outlook for the Alcoa Inc (NYSE:AA) Director Michael Morris has bought 30,120 shares of the common stock for...
Tuesday, July 22, 2014 Economic recovery around the corner; GDP to hit 5.5% in Q1FY15: SBI » New Delhi: An 'incipient recovery' is round the corner for the Indian economy and it is expected to clock a GDP growth rat...
Tuesday, July 22, 2014 Venezuela confirms China as a pillar of its economy » Venezuela confirmed Monday that its relations with China have become a fundamental pillar for making progress in almost al...
Tuesday, July 22, 2014 Japan government trims economic growth estimate for this year » Japan's government slightly lowered its growth forecast for the current fiscal year due to sluggish exports and a drop in...
Tuesday, July 22, 2014 Middle Eastern sour crude market under pressure on weak demand from Asian refiners » A combination of poor refining margins and autumn refinery turnarounds scheduled at several North Asian refiners has put p...
Tuesday, July 22, 2014 Refineries Ramp Up » Refinery crude runs in the U.S. climbed to 16.6 million barrels a day in the week ended July 11, the most in Energy Inform...
Tuesday, July 22, 2014 Ormet wins approval to sell smelter » A Deleware bankruptcy court judge has approved Ormet Corp's $25.25-million sale of its shuttered aluminum smelter in Hanni...
Tuesday, July 22, 2014 Ormet loses another $4 million in June, nears $150 million in total losses » Ormet lost another $4 million in June and is approaching total losses of $150 million as the bankrupt US aluminum producer...
Tuesday, July 22, 2014 UPDATE 2-Norsk Hydro sees best global aluminium outlook in years » The global aluminium market is in its strongest shape since the financial crisis of 2008-2009 and the price of the lightwe...
Tuesday, July 22, 2014 COLUMN-China aluminium surplus likely to cap price rally: Clyde Russell » Rising Chinese output is likely to act as a brake on aluminium's 15 percent rally since May, even as the global outlook fo...
Monday, July 21, 2014 Shale gas, petchem expansion to be profit drivers at Reliance » An upside for the shale gas business is a continuous growth in its reserves, which stand at 2.66 trillion cu. ft, slightly...
Monday, July 21, 2014 Australia Becomes First Developed Nation to Repeal Carbon Tax » After almost a decade of heated political debate, Australia has become the world's first developed nation to repeal carbon...
Monday, July 21, 2014 Hunt pins hopes on uncompetitive clean coal technology » Federal Environment Minister Greg Hunt anticipates that clean coal technology will be available to cut emissions from coal...
Monday, July 21, 2014 New Carbon Capture System at Kentucky Plant Could Be 'Game-Changer' » Kentucky has long been known for coal. But a new project unveiled today has the potential to let the commonwealth also be...
Monday, July 21, 2014 Carbon tax repeal reaction » THE Latrobe Valley's brown-coal power stations have been labelled the "biggest beneficiaries" following the repeal of the...
Monday, July 21, 2014 Noranda Aluminum Holding Corporation to Announce Second Quarter 2014 Results and Host Earnings Call » July 18, 2014 - Noranda Aluminum Holding Corporation (NYSE:NOR) will announce financial results for second quarter 2...
Monday, July 21, 2014 Rio Tinto updates on aluminium production » In May 2014, Rio Tinto completed the curtailment of alumina production at Gove. The refinery is now on care and maintenanc...
Friday, July 18, 2014 Saudi oil exports fall to three-year low as refiners process lofty volumes » Saudi Arabia, the world’s biggest oil exporter, shipped the least crude in almost three years in May as domestic refinerie...
Friday, July 18, 2014 Delek's oil buyer talks about company's El Dorado refinery » The man responsible for buying millions of dollars worth of crude oil money for Delek Refining’s two refineries spoke on T...
Friday, July 18, 2014 Michigan denies Detroit oil byproduct storage » A company cannot store piles of petroleum coke at an open riverfront site in Detroit because it does not have adequate mea...
Friday, July 18, 2014 Holcim Croatia sees flat revenues in 2014 and forecasts a 15% increase in 2015 » Holcim Croatia is looking to post flat revenues in 2014, while hoping to raise them by 15% in 2015, according to the compa...
Friday, July 18, 2014 Holcim and Lafarge announce a list of proposed asset disposals » Lafarge and Holcim have set up a Divestment Committee following the announcement of the planned merger on 7 April 2014, wi...
Friday, July 18, 2014 Cemex sees improved sales and earnings in second quarter of 2014 » Cemex has announced its financial results for the second quarter of 2014, which show that consolidated net sales reached U...
Friday, July 18, 2014 MDEQ denies pet coke permit for River Rouge/Ecorse » The Michigan Department of Environmental Quality denied a permit July 17 to allow storage of pet coke in River Rouge and E...
Thursday, July 17, 2014 Huaneng to spend $1.6b to reduce emissions » China Huaneng Group Corp, the biggest power generation company in the country, said it will invest about 10 billion yuan (...
Thursday, July 17, 2014 U.K. Plants Burn Gas Like 2011: Chart of the Day » Declining U.K. natural gas prices are prompting utilities to burn more of the fuel for power production as profit from coa...
Thursday, July 17, 2014 Compliance Strategies for Proposed Greenhouse Gas Rules in Existing Power Plants » On June 2, 2014, the Environmental Protection Agency (EPA) issued its Clean Power Proposal for reducing CO2 emissions from...
Thursday, July 17, 2014 Slight Recovery in Indian Aluminum Demand Expected This Year » It may have plateaued in the last three years, even hitting a minor air pocket in the last year, but analysts are hopeful...
Thursday, July 17, 2014 BP's Restructuring Initiative Shows Potential » On Jul 10, 2014, Zacks Investment Research issued an updated research report on BP. http://www.zacks.com/stock/news/1402...
Thursday, July 17, 2014 Aluminium jumps to 16-month high » The price of aluminium has reached its highest level for 16 months as falling inventories, smelter closures and a strong d...
Thursday, July 17, 2014 China's economy grows 7.5% in 2nd quarter » China's economy, the second-largest worldwide after the USA's, achieved better-than-expected growth in the second quarter...
Wednesday, July 16, 2014 India Burns Record Diesel, But Oil Refiners Still Face Challenges » Amid a scorching Indian summer, relentless blackouts and frenzied election campaigning, India has burned a record amount o...
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