United States’ production of light tight oil (LTO, commonly known as “shale oil”) has gone through a rapid expansion between 2010 and 2014, thus becoming
Tag: United States
Market Update: PotashCorp Temporarily Curbs Production
Saskatoon-based Potash Corporation of Saskatchewan Inc. said it was about to temporarily curb production at two mines to balance its overall production. The Canadian corporate
Market Update: China’s Fertilizer Industry Is Undergoing Changes
China’s fertilizer industry is undergoing some major changes as one of the world’s largest consumers of fertilizers – nitrogen, phosphorus and potassium – is slowly
Between a Rock and a Hard Place: For OPEC, the Struggle is Real
Eckart Woertz (Barcelona Center for International Affairs – CIDOB) In December last year, OPEC’s three largest oil producers managed to find common ground on the
Iran’s Election Result Prophesizes Hot Contracts with International Oil Majors
Thanks to the reelection of Hassan Rouhani, Iran has high hopes to sign huge deals with major oil companies such as Total and Lukoil this
Market Update: Another 9 Months of Oil Production Freeze Approved
Saudi Arabia and non-OPEC Russia have decided to extend production cuts by another 9 months till March 2018 with the aim to tame the global
Iowa’s Wever Fertilizer Plant Launching Production
Iowa-based fertilizer plant in Wever has just started production almost 4 and half a years after the ground for the construction was broken at the
Qatar Re-Launches Development of the World’s Biggest Gas Field
Qatar has lifted a self-imposed ban on the construction of the world’s biggest natural gas field as it looks to see off an anticipated increase
Market Update: Iraq to Fully Comply with OPEC Production Freeze
Iraq has pledged to fully comply with the agreement to cut oil supply in order to prop up crude prices, OPEC Secretary General Mohammed Barkindo
United States’ Iraqi Oil Dilemma: Seize or Not Seize It
The United States is not going to Iraq to seize oil, US Defense Secretary Jim Mattis stressed earlier this week, prior to his visit to