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
Category: News
Danakali Initiates Bidding for Eritrea’s Colluli Potash Project
Danakali has started the bidding process for power generation for Eritrea’s Colluli potash project and finalized the initial expressions of interest (EOI) phase. The process
Fertilizer Makers Refocus on Industrial Applications in Search of Higher Margins
Fertilizer manufacturers are taking advantage of higher profit margins for uses in other sectors than agriculture, for example in oil drilling and livestock feed. Potash
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
Saudis Sign a Fertilizer Supply Deal with Bangladesh
The Saudi Arabian Mining Company (Ma’aden) signed a phosphate fertilizer supply contract with the Bangladesh Agricultural Development Corporation (BADC). The contract was signed in Riyadh
Encanto Gets $3 Bn to Finance Potash Mine in Saskatchewan
Encanto Potash Corp., a junior mining company aiming to build a potash mine on a reserve northeast of Regina, said that two new 20-year contracts
Lebanon About to Kick-Start Its Offshore Gas and Oil Production
Lebanon is planning to kick start its oil and gas industry by rekindling its licensing process with the aim to boost the development of a
Mosaic’s Colonsay Mine to Re-Launch Potash Production
Mosaic Co. said that its Colonsay potash mine would be up and running again starting this month. The company closed the mine almost exactly a
India’s Sun Group Pondering a Potash Plant in Egypt
Sun Group, one of the leading international trading and consultancy organizations, is pondering setting up a US$ 40 million-phosphate production plant in Egypt. The plant
Iran’s Comeback: Teheran Luring International Oil Giants
Iran has granted 29 energy firms from more than a dozen countries a permission to bid for oil and gas projects using the new, less