South Korea announced on Monday (April 27) that it would allow a private aid group to send fertilizer to North Korea. This move is one
Category: News
Libya Shuts down Its El Feel Oilfield Due to Strike over Salaries
Libya had to close down the western El Feel oilfield on Saturday (April 25), due to the strike of the country’s security guards over salary.
ICL Reinforces its Position in China’s Potash Market
ICL announced yesterday (23 April) that it had finalized deals to supply its Chinese customers an aggregate 1.1 million metric tons of potash by the
Ghana Might Lose Millions due to a Maritime Oil Dispute with Ivory Coast
It can get increasingly expensive for Ghana to seek arbitration in a dispute with Ivory Coast over the oil-rich basin in the Atlantic Ocean. The
Mexico’s Pemex Readying to Increase Oil Output
Pemex, the Mexican state-owned petroleum company created in 1938, is readying to increase its production after a decade of decline. Gustavo Fernandez, the head of
‘Black Tuesday’ April 20: Deepwater Horizon Disaster Anniversary
Yesterday, on April 20, marked the 5th anniversary of the British Petroleum (BP) Deepwater Horizon disaster – namely the explosion and subsequent fire on the
Out of Russia: Gunvor Sells its Siberian Shares
Gunvor, a global commodity trading company registered in Cyprus with the main trading office in Geneva, has sold 30 percent stake in Kolmar, the Siberian
K+S Potash Project to Be Built by Aecon Group Inc.
Aecon Group Inc. announced last week that it had been awarded two deals worth $110 million. One of the deals is related to the work
China and Russia Strike a Major Potash Deal
China, one of the world’s biggest potash consumers, has signed a deal with Russia, one of the world’s biggest potash producers, to buy 850,000 tons
Russia and Iran Start “Oil for Goods” Barter Trade
Russian President Vladimir Putin signed a decree that would put an end to a self-imposed ban on supplying S-300 anti-missile rocket system to Iran on