Iraq is going to supply extra 5 million barrels of oil to its trade partners in June, thus effectively joining other Middle East producers by
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India Set to Start Talks on Potash Supply Deals
Indian potash buyers have started negotiations with potash suppliers on new import deals, aiming to settle them at much cheaper prices than last year. Customers
Battling for Market Share: Saudi Arabia Wants Asia Buy More Oil
Ahead of the first OPEC meeting under the new Saudi oil minister, the Gulf Kingdom is offering extra crude to its Asian customers, a sign
PotashCorp May Borrow Money to Pay for Dividend
Although PotashCorp’s CEO Jochen Tilk confirmed recently during an investor conference that there would not be another cut in dividend this year, investors are still
OPEC to Meet for the First Time with New Saudi Oil Minister
Since the appointment of the new Saudi Energy Minister, Mr Khalid al-Falih has toured six state oil companies, met Gulf oil industry ministers, the South
$8 Billion Iowa Fertilizer Merger Cancelled
The sale of a larger fertilizer plant located in southeast Iowa has been called off. The $8 billion deal has been cancelled by both parties
Potash Supply Deals with China Coming Up Soon
The CEO of Potash Corporation of Saskatchewan, Jochen Tilk, said that potash supply deals with China should be finalized in two to four weeks. The
Kenyan Government Investigates Theft of Fertilizer
The Kenyan government has suspended 22 managers of the National Cereals and Produce Board (NCPB) to facilitate the investigation of the theft of government-supplied subsidized
PotashCorp Still Amidst Challenging Market Conditions
The profits of the Canadian potash giant, PotashCorp, plummeted roughly 80 percent between January and March 2016 due to weak fertilizer prices and reduced potash
Asian Markets in Focus as Iran and Saudi Arabia Fight for Market Share in Oil
Iran’s oil exports are expected to soar in May by almost 60 percent compared to a year ago, which is being mostly driven by the