Louis Dreyfus Company, global merchant company that is involved in agriculture, food processing, international shipping, and finance, is selling its African fertilizer business to Helios
Category: Markets
Mexico Has ‘World Class’ Oil Discovery Of More Than 1 Bn Barrels
The energy companies Premier Oil, Talos Energy and Sierra Oil & Gas announced a potentially huge new oil discovery off the Mexican coast last week.
Market Update: China’s Fertilizer Industry Is Undergoing Changes
China’s fertilizer industry is undergoing some major changes as one of the world’s largest consumers of fertilizers – nitrogen, phosphorus and potassium – is slowly
Market Update: Oil Supply Outpacing Output Next Year
The International Energy Agency (IEA) said that growth in oil supply would outpace an anticipated increase in demand that will bring the global economy above
Market Update: US Catching Up with China’s Fertilizer Production
The United States is steadily catching up with China when it comes to fertilizer production. The US fertilizer industry is booming and the US output
Venezuela’s PDVSA Projects a Bad Year Ahead
Venezuelan state-run oil company PDVSA expects that 2017 will remain to be a challenging year with more economic hardship likely coming along its way. The
Market Update: Oil Freeze Hard to Keep as Prices Sink Again
Oil prices went down earlier this week after Libya, which has an exemption from output cuts, had increased its production by more than a factor
Market Update: Asian Buyers More Than Double Their Oil Imports from Iran
Iran’s November exports to its four major Asian customers more than doubled for a second straight month from a year ago. Imports of India and
Canada Seeks to Export Oil Sand Directly to Asia in Search of New Markets
Canada’s major energy companies such as Suncor Energy Inc. or Cenovus Energy Inc. call for Prime Minister Justin Trudeau to approve a major pipeline expansion
Market Update: OPEC Readying to Launch an Oil Freeze Deal
Venezuelan President Nicolas Maduro yesterday (16 November) attended an agreement signing ceremony with representatives of two oil companies – Venezuelan Delta Petroleum and India’s ONGC