Market Update: Canada’s Canpotex Enters Brazilian Potash Market with a Bang
While Brazil’s biggest mining company exits the fertilizer industry, Canada’s leading potash exporter Canpotex Ltd. is boosting its operations …
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Chinese & Brazilian Oil Giants Team Up in an Investment-Oil Exchange
Brazilian state-run oil company Petrobras is close to finalizing a deal in which China National Petroleum Corp Ltd (CNPC) …
Oil Markets’ Rebalancing Faster Thanks to Venezuelan Output Cut
Global oil markets are rebalancing fast following a falling supply from Venezuela, which has posted last year’s biggest unexpected …
Powering South America: Bolivia Signs Gas Deal with Foreign Energy Companies
The Bolivian government signed natural gas development contracts with Spain’s Repsol, Brazil’s Petrobras, Royal Dutch Shell and Pan American …
Market Update: Venezuela Abandons US Dollar in Oil Trade
Venezuela is no longer receiving or sending payments in US dollars in response to the sanctions imposed by the …
Brazil to Boost Fertilizer Production by $9.53 Million
The world’s largest meatpacker, JBS SA, is going to invest 30 million reals ($9.53 million) to manufacture fertilizers in …
Mexico Has ‘World Class’ Oil Discovery Of More Than 1 Bn Barrels
The energy companies Premier Oil, Talos Energy and Sierra Oil & Gas announced a potentially huge new oil discovery …
The Soviet Legacy: Russia to Secure Cuba’s Energy Needs, Raising US Concerns
Russia has started exporting oil to Cuba for the first time this century to make up for the declining …
Venezuela’s PDVSA Late on Oil Shipments to Russia and China
Venezuela’s state-run oil company, PDVSA, has for months been unable to deliver the shipments of crude and fuel in …
Venezuela’s PDVSA Projects a Bad Year Ahead
Venezuelan state-run oil company PDVSA expects that 2017 will remain to be a challenging year with more economic hardship …