The Norwegian Arctic is making a surprising comeback on the world’s oil market as many energy companies are cutting jobs, costs and projects due to
Category: Europe
Barclays: Commodities at Risk of Steep Declines
Barclays Pls says that raw materials including crude oil and copper are very likely to experience a steep decline since the recent advances are not
Russia’s Rosneft’s Debt Likely on Rise
The credit ratings agency Moody’s said yesterday (20 March) that the debts of Russia’s major oil producer Rosneft will probably go up as a result
The North York Moors Potash Mine to Start Operations by 2021
The developers of a £2.4bn potash mine on the North York Moors said that the project would be operational in a five years’ time. Sirius
Russia Shows First Signs of the Implementation of Oil Production Freeze Deal
In February, Russia produced oil at the same rate as in January, at 10.88 million barrels per day (bpd), an almost 30-year high, regardless of
Fertilizer Producers Want to Deliver Sustainable Solutions
In the past, many farmers had previously had problems with organic fertilizers, which contributed to the bad reputation of greener options and prompted growers to
Spain’s Highfields Resources Joined by Acciona to Build Muga Potash Mine
Highfield Resources, Spanish potash developer, has finalized an important construction and collaboration agreement with Acciona Infraestructuras for the Muga Potash Mine, which is part of
Moscow’s Retaliation: Turkish Stream Pipeline Construction Suspended
Moscow has suspended construction works on the Turkish Stream pipeline, the proposed natural gas pipeline from the Russian Federation to Turkey across the Black Sea.
EU and OECD Decrease Coal Subsidies
The European Union and eight OECD countries have committed themselves to decreasing state aid for coal-fired power stations in developing countries although many of them
Potash Giants to Refocus on Specialty Products Due to Weak Prices
Potash producers are going to support sales by boosting higher-margin specialty products in response to another round of tough talks with big buyers in India