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
Author: Desktop
A Silver Lining of the Weak Rouble: Protection from Chinese Urea Shipments
The weaker rouble is expected to protect Russia’s fertilizer manufacturers from the threat of an increase in Chinese shipments of urea. It will not be
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
Rosneft to Get Financing from Switzerland
Rosneft, Russia’s oil giant, is raising money from the Swiss trader Trafigura only a few days before its deadline to repay a $7 billion debt.
Iran’s Predicament in Attracting Foreign Investors
Iran is seeking to attract attention and interest of foreign investors deterred by both West-imposed sanctions and cheap oil as the country’s President is trying
Rosneft Will Not Resume Drilling in Kara Sea
Russian oil giant, Rosneft, has informed that it will not be able to resume drilling in the Kara Sea in 2015 due to the consequences
Canada’s Potash Firm MagIndustries Corp Investigated for Corruption
Employees at a Canadian potash firm run by a Chinese company are facing corruption allegations. MagIndustries Corp. issued a statement last week saying that it
World’s No. 1 Potash Corp’s Profit Soars
Potash Corporation of Saskatchewan, the world’s biggest fertilizer company by market capitalization and second biggest by output after Russia’s Uralkali OAO, published its admirable quarterly
China’s Commodity Data for 2014 Reveal Important Trends
China’s commodity trade statistics for last year confirms that the country has switched to higher import volumes that are dependent on lower commodity prices with
Surge in Demand for Sulfate of Potash Projected
A number of fertilizer companies are going to develop new projects in a bid to take advantage of premium prices and an expected rise in