Energy-exporting countries, which have put away billions of dollars in sovereign investment funds, may now be forced to draw on their “savings” as oil revenue
Category: News
American Oil Exports to Asia Halt amidst Mideast Competition
United States’ exports to Asia begin to stall as Mideast Gulf oil producers hurry to protect their market share amidst the lowest prices in five
D.E. Shaw Sells its Position in PotashCorp as Gross Margin Slumps
D.E. Shaw & Co, an America-based global investment management firm, sold its position in Potash Corporation of Saskatchewan. The position accounted for about half a
China’s Oil Reserves Higher than Officially Declared
China is expected to be holding a higher amount of crude than what is stated in its official plan. Its strategic reserves are estimated to
Global Potash Prices Unlikely to Spike Due to the Flooded Russian Mine
Pesticides and specialty nutrients, global potash prices will not spike following the shutdown of a flooded mine in Russia, says Coromandel International Ltd, an Indian
Eleven Fertilizer Companies Interested to Expand Urea Capacity in India
India’s Fertilizer Ministry has received proposals from eleven fertilizer companies to expand or renew their fertilizer plants, which is a part of the ministry’s new
Europe’s Biggest Fertilizer Maker to Increase Sales at Home and Latin America
OAO PhosAgro, the biggest fertilizer maker on the European continent, plans to increase its sales by a factor of two of the selected plant nutrients
OPEC Starts Talking Oversupply
On Friday (21 November) OPEC’s Economic Commission Board concluded a two-day meeting in Vienna before the group of oil ministers meets on Thursday (27 November)
India to Allow International Firms Mine its Coal
India is going to allow international companies to mine and sell its coal, marking a historic landmark after four decades of restricted commercial mining for
Ohio Restricts Fertilizer Use to Protect Lake Erie
Ohio-State lawmakers have come up with important new rules designed to decrease the phosphorus runoff that promotes toxic Lake Erie algal blooms including limitations on