Venezuela Poised to Export Less Oil Next Year
Columbia University said earlier this year that Venezuela, a traditionally major player in oil markets, is poised to export …
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Vale Pondering to Sell its Fertilizer Business
Vale SA, the world’s second-most indebted miner, is finalizing a deal to sell its entire fertilizer operations as the …
BHP Billiton Takes Its Time with Jansen Potash
BHP Billiton’s operational review showed amazing progress being made with expansion of its flagship project – the Escondida copper …
Venezuela Ships Oil to Singapore
Venezuela, which is currently in a deep political and economic crisis, has sent two fully-laden large crude carriers heading …
Venezuela Still Hoping for Oil Output Freeze
Venezuelan oil minister Eulogio del Pino said yesterday (16 June) that Iran would reach its pre-sanction oil output by …
Venezuela Reaches Better Oil Terms with China
Venezuela has reached an agreement with China, its main source of finance, with the aim of improving the conditions …
Vale and Apollo Ready a Joint Bid for a Brazilian Fertilizer Business
Vale, Brazil’s biggest producer of phosphate, is joining its forces with the American private equity firm Apollo to bid …
World’s Poorest Economies Struggle with Their Debt Due to Weak Commodity Prices
The fall in commodity prices and a strong US dollar have had a negative impact on the world’s poorest …
Latin American Countries Call for Oil Production Freeze
Ecuador, the smallest member of the Organization of Petroleum Exporting Countries (OPEC), said on behalf of Latin American nations …
Brazil’s Petrobras to Slash Investment
Brazil’s energy giant Petrobras has announced that it will cut its five-year investment plan by about 20 percent next …