OPEC’s Secretary General Mohammed Barkindo urged US shale oil companies to help curb global oil supply warning that the market might need to be rebalanced
Category: News
Gulf’s Pilot Potash Project: Oman Set to Launch Potash Production in 2018
Gulf Mining Group is looking to develop a pilot potash project that will start operations next year. The group aims to produce 20-40 tons of
Saudi Arabia “Flexible” on Oil Output Freeze Deal Extension
Saudi Arabia said it was flexible regarding the extension of a deal between OPEC, Russia and other producers on cutting oil supplies until the end
War-Torn Libya’s Major Oilfield Shut Down Again
A group of armed men forced Libya’s major oilfield el-Sharara to close late on Sunday (1 October), effectively shutting down production of more than 230,000
Morocco Going Green: Rabat Advances Solar to Boost Agriculture
Moroccan Ministry of Energy, Mining and Sustainable Development (Ministère de l’Energie, des Mines et du Développement Durable, MEMDD) has designated €206.1 million for investments in
Kurdistan’s Oil Revenue Threatened Following Independence Vote
Iraqi Kurdistan’s independence referendum has once again brought attention to its oil industry. This prompted Turkish President Recep Tayyip Erdogan to threaten to cut off
Fertilizer Update: Wisconsin Farmers Provided Cost Savings for Pesticides and Fertilizers
Wisconsin farmers are going to pay less for crop nutrients and pesticides under the new stage budget that was signed last week. The package includes
Market Update: PotashCorp Temporarily Curbs Production
Saskatoon-based Potash Corporation of Saskatchewan Inc. said it was about to temporarily curb production at two mines to balance its overall production. The Canadian corporate
Northeast Asian Flashpoint: China Limits Oil Trade with North Korea
China has decided to curb its oil exports to North Korea on top of stopping its textiles imports from the rogue country. China’s oil exports
Morocco’s Green Transition: Rabat to Invest $40 billion by 2030 in Renewables
Morocco is to invest $40 billion by 2030 in energy sector and most of it in renewable energy. Rabat wants to target projects that aim