Non-OPEC producers yesterday (30 October) refused to commit themselves – in the face of pressure from the members of the Organization of the Petroleum Exporting
Category: News
Shareholders Set to Overwhelmingly Approve PotashCorp-Agrium Merger
The shareholders of Agrium Inc and Potash Corp of Saskatchewan Inc are poised to approve the planned merger of the two Canadian fertilizer producers with
Australia’s Hancock Prospecting Invests in UK’s North York Potash Project
Australia’s richest woman, Gina Rinehart, has decided to invest £245 million in the UK’s biggest potash mine on the edge of the North York Moors national
Mosaic to Clean Up Its Sinkhole and Put Up $40 million in Guarantees
The Florida Department of Environmental Protection (FDEP) has commented on the fix of a giant sinkhole at the Mosaic phosphate plant in Mulberry. Florida officials
Asian Oil Markets Rebalancing
Asian oil markets are believed to be slowly returning to balance after China’s oil production was cut and its inventories of refined products decreased. Global
Saudi Arabia Invites Russia for Talks to Intensify non-OPEC Cooperation
Saudi Arabia’s Energy Minister Khalid al-Falih said yesterday (23 October) that he had invited Russian Energy Minister Alexander Novak to meet their Gulf Arab counterparts
Venezuela’s State-Run Oil Giant Accused of Embezzling $11 Billion
Petroleos de Venezuela (PDVSA), the Venezuelan state-owned oil and natural gas company, has been accused by the country’s congressional commission of embezzling about $11 billion
Oil Majors Focus on Technology to Drive Cost Savings
Major oil companies are using the newest technologies including drones and drill design to data management to decrease costs and withstand a sharp downturn in
Brazilian President Says No Increase in Fuel Tax Planned
Brazilian President Michel Temer said on Saturday (15 October) that his cabinet does not intend to increase fuel taxes, which was only a day after
Market Analysis: Assessing Agrium-PotashCorp Merger
After Potash and Agrium announced their plan to merge and create a new company that is poised to become a leader in the fertilizer industry