Saudi Arabia and Russia are working on a landmark long-term deal that could extend the limitations on world oil supplies by major exporters for up
Category: Markets
Saudis Scale Back on Public Listing of Giant Aramco
Saudi Arabia is taming its ambitions for a public offering for its oil company Aramco. The country has decided to move ahead with a listing
Market Update: Iran Doubles Gas Production at the World’s Largest Field
Iran has almost doubled its gas output at South Pars, the world’s largest gas field, in 2017. Gas production at South Pars went up from
Congo Versus Multinationals: Congo Emboldened in Managing its Cobalt Wealth
President of the Democratic Republic of Congo, Joseph Kabila, met with the most powerful executives of the global mining industry after he had proposed changes
Energy Geopolitics: Iran’s Global Oil Comeback Not Happening
Analysts were expecting Iran’s oil-and-gas industry to take off following the relaxation around the nuclear deal. Instead, the anticipated boom is nowhere to be seen.
Oil Markets’ Rebalancing Faster Thanks to Venezuelan Output Cut
Global oil markets are rebalancing fast following a falling supply from Venezuela, which has posted last year’s biggest unexpected production fall and could see further
Louis Dreyfus Selling its Australia Fertilizer Business to Agrium
Louis Dreyfus Company, a leading merchant and processor of agricultural goods, is selling its fertilizer business to Canada’s Agrium Inc. as it is working on
Market Update: Potash Corp Still Faces Weak Prices Despite Healthy Demand
Canada’s Potash Corporation of Saskatchewan, the world’s largest producer of the crop nutrient by capacity, is thought to post $901.37 million in sales for October-December,
Focus on Fancy Fertilizers: EuroChem Serving Asia’s Potash Market
EuroChem Group AG, owned by Russian commodities tycoon Andrey Melnichenko, is investing more than $6 billion in two potash-producing mines. EuroChem is relying on Asian
‘Nutrien’ Update: Agrium-PotashCorp Merger Postponed
Agrium and PotashCorp merger that will bring two massive companies together will be delayed by trade negotiations. The deal is now expected to be struck