Agricultural resources phosphate and potash are primarily used to produce fertilizer for crops and animal feed supplements. Only 5% of world production of these resources
Tag: Saudi Arabia
Powering China: Tough Choices for Beijing as it Seeks to Rethink its Energy Mix
Months of violent protests in Hong Kong, a trade war with the US, an epidemic that has brought the pork industry to its knees, and
New Energy Hot Spot: Exxon, in U-Turn, Now Plans Oil Drilling in Israel
The American oil giant Exxon Mobil Corporation is pondering oil and gas exploration in Israel. This move would make Exxon the first oil major to
Oil Market Update: The American Shale Revolution Continues Unabated
The United States’ crude production from the country’s biggest shale formation is bound to reach 84,000 barrels per day (bpd) next month to a record
Popular Opposition Forces Relocation of Saudi Aramco’s Planned Refinery in India
Popular opposition from farmers has forced Western Indian state of Maharashtra to move the location of the proposed oil refinery that is supposed to become
Defying US Sanctions: Saudi Oil ‘Accidentally’ Headed for Venezuela
Saudi Arabia sent a large unusual shipment of oil to Venezuela, with shipments between the two countries being very rare. Supertanker Abqaiq – a very
OPEC Deal Update: Saudi Arabia Slashes Oil Production, US Exports Most Affected
Saudi Arabia has cut crude exports and the initial evidence hints that the biggest slash is being made in deliveries to the United States. Moreover,
2018 Market Update: United States Rises to World’s No. 1 Oil Producer
The United States is producing oil at record levels – 10.88 million barrels per day – and the country will end this year as the
OPEC Break-Up: Qatar’s Exit from the Grouping Seen as a Political Move
Qatar has announced its intention to leave the Organization of Petroleum Exporting Countries (OPEC) to increase its own production. The small Gulf country is one
Stabilizing Oil Market: Saudis Pondering Production Cut Despite Trump’s Pressure
Saudi Arabia is not going to act alone to cut oil production to stabilize the market, Energy Minister Khalid al-Falih said as Nigeria and Russia