According to the World Energy Investment 2016 report of the International Energy Agency (IEA), the world’s investment in energy went down by 8 percent in
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BP to Slash Investments in Medium-Term in Line with Industry Trends
BP – or British Petroleum – is not going to increase its annual investments at least till 2020, although it still expects to make nine
OPEC Forecast: Global Crude Glut to Continue in 2017
OPEC said on Monday (12 September) that global markets would remain oversupplied next year as prices will likely stay low due to the resilience in
Market Update: Potash Corp and Agrium Merge
Potash Corporation of Saskatchewan and Agrium Inc, two Canadian fertilizer producers, will merge. The decision has come amidst challenging industry conditions and it is hoped
Japan Aims to Decrease Fertilizer Prices in Wake of TPP
Japan’s national farming collective is about to decrease the number of types of crop nutrients used in rice production with the aim to cut costs in the
US Universities Awarded a $3m Grant to Turn Urine to Fertilizer
The US National Science Foundation has just been given a grant for a research project, trying to turn human urine into a safe fertilizer for
New Gas Discoveries Pump Up the Future of Southern Corridor
According to Azerbaijan, natural gas produced in the Absheron offshore gas field in the Caspian Sea could be exported to Europe through Southern Corridor (SGC).
Saudi Arabia and Russia Team Up to Help World’s Oil Markets
Saudi Arabia and Russia seized the opportunity given by a G20 summit and agreed that they would cooperate in global oil markets in the future.
Sirius Finds Banks to Backstop its North England Potash Mine
Sirius Minerals Plc has found six banks to backstop the development of its potash mine in northern England, thus moving the whole project a step
Saudis Pondering an Output Freeze
Saudi Arabia is considering offloading a stake in the state-run producer Aramco after two years of an oil price war. This change comes as OPEC