Brazil’s Vale Sells Its Fertilizer Business to Mosaic
Vale SA, a Brazilian multinational corporation engaged in metals and mining, one of the largest logistics operators in the …
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Venezuela’s State-Run Oil Giant Accused of Embezzling $11 Billion
Petroleos de Venezuela (PDVSA), the Venezuelan state-owned oil and natural gas company, has been accused by the country’s congressional …
Brazilian President Says No Increase in Fuel Tax Planned
Brazilian President Michel Temer said on Saturday (15 October) that his cabinet does not intend to increase fuel taxes, …
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 …
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 …