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12.08.26 - 12:36
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World′s Largest Alumina Refinery Outside China Abruptly Halves Output On NatGas Disruption (ZeroHedge)
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World's Largest Alumina Refinery Outside China Abruptly Halves Output On NatGas Disruption
Norwegian aluminum producer Norsk Hydro's Alunorte plant in Brazil, one of the world's largest alumina refineries, reduced output by 50% following disruptions to natural gas availability.
Bloomberg reports that disruptions to NatGas availability at Alunorte forced a 50% reduction in output and sent aluminum prices in London to a seven-week high. Hydro said production would return to full capacity once gas supplies normalize.
Aluminum rose nearly 2% in London and traded at $3,373 a metric ton. Alumina futures gained 1% in Shanghai.
NatGas is critical to Alunorte because alumina refining requires high-temperature heat and steam. The gas powers the Bayer process, which refines bauxite:
Digestion: Bauxite is mixed with caustic soda and heated under pressure to dissolve the aluminum-bearing minerals.
Evaporation and steam generation: Large boilers provide steam throughout the refinery.
Calcination: ...
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10.08.26 - 14:06
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ONGC, Shell Energy India sign MoU to explore deepwater blocks, LNG sourcing opportunities (Times of India)
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ONGC and Shell Energy India have entered into a memorandum of understanding to collaboratively delve into potential joint ventures. Their focus will be on assessing opportunities in deepwater and ultra-deepwater oil and gas exploration, alongside investigating LNG sourcing alternatives to bolster India's economic framework. This strategic partnership is designed to improve energy accessibility while ensuring long-term energy security for the nation....
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10.08.26 - 08:06
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Adnoc Gas CFO Eyes LNG Export Plant on UAE East Coast (Bloomberg)
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Adnoc Gas reported net income for the second quarter of $665 million that beat the average analyst estimate even as the Mideast conflict disrupted shipping through the Strait of Hormuz. CFO Peter van Driel spoke to Bloomberg's Abeer Abu Omar about the numbers. (Source: Bloomberg)...
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