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 …
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Venezuela: Default of a Major oil Producing Company Looming
The Venezuelan state-run oil company PDVSA has about $5.2 billion in payments to bondholders this year, most of it …
Canada’s Aberdeen Bank Buys a Potash Project in Argentina
Canadian bank Aberdeen International has acquired the Diablillos lithium-potash brine project in Argentina via a share purchase deal valued …
Brazil Got Its Own Fertilizer Information Service
Argus, the global energy and commodity price-reporting agency, has launched a weekly report and online service in Brazil called …
Brazil’s Falling Demand Hunts Fertilizer Markets
Brazil’s fertilizer imports are expected to experience a sharp fall in volumes as a result of weak crop prices, …
Venezuela Signs a Deal with Russia’s Rosneft Worth $14 billion
Venezuela’s President, Nicolas Maduro, announced that Russia’s oil giant Rosneft and his country’s state-run PDVSA have agreed on a …
Mexico’s Pemex Readying to Increase Oil Output
Pemex, the Mexican state-owned petroleum company created in 1938, is readying to increase its production after a decade of …
Chile’s SQM Fertilizer Fires its CEO
SQM fertilizer, producer of specialty fertilizers and inorganic industrial chemicals headquartered in Chile, has recently fired its chief executive …
Brazil’s Fertilizer Market Set to Stagnate
Brazil’s fertilizer market is predicted to stagnate for another season. Stagnation, according to analysts, only stresses the importance of …
Peru’s Indigenous Community Stops Month-Long Occupation of Oil Wells
The indigenous Peruvian community, Achuar, stopped its month-long occupation of 14 oil wells in the country’s biggest oil block …