The Mosaic Company, a ‘Fortune 500’ firm and a producer and marketer of concentrated phosphate and potash proved the expectations of analysts of a pending
Tag: US
IEA: U.S. to Remain Top Source of Oil Supply Growth by 2020
According to the Medium Term Oil Market report of the International Energy Agency (IEA), the United States will remain the world’s most important source of
Venezuela Stops Crude Imports from Algeria amidst Fears of Bankruptcy
Venezuela’s state-operated company PDVSA has decided to halt the imports of Algerian light crude, which is normally used to be blended with Venezuela’s own extra-heavy
Exxon’s New Canada Terminal Readies for U.S. Shipments
Exxon Mobil Corporation has opened a new joint-venture oil-by-rail terminal in Canada considered to be the largest in the country. The terminal will start shipping
Oil Drops below $45 while OPEC Standing Firm on Output
The Organization for Petroleum Exporting Countries (OPEC) is unshakable in its decision not to cut oil production to prop up prices. The cartel still insists
Mexican Light Oil Heading for the U.S. East Coast
Mexican crude oil is on its way to the U.S. East Coast at the highest rate in more than ten years as more discounts help
Mexico in Desperate Effort to Revamp its Oil Sector
The Mexican government is increasingly getting under pressure to start offering more attractive incentives to foreign companies to invest their money in the country’s oil
Oil-Rich U.S. States and Energy Firms to Face Slowdown due to Cheap Crude
Some of American major oil companies are beginning to show the first sign of slowdown in response to the plummeting crude prices as oil hits
American Oil Exports to Asia Halt amidst Mideast Competition
United States’ exports to Asia begin to stall as Mideast Gulf oil producers hurry to protect their market share amidst the lowest prices in five
Global Potash Prices Unlikely to Spike Due to the Flooded Russian Mine
Pesticides and specialty nutrients, global potash prices will not spike following the shutdown of a flooded mine in Russia, says Coromandel International Ltd, an Indian