PricewaterhouseCoopers, a multinational professional services network, has said that deal-making activity regarding merges and acquisitions (M&A) in the US energy industry will likely accelerate in the second
Category: News
Canada’s Cooperative to Spend $75 million on Fertilizer Terminals
Federated Co-operatives Limited (FCL) announced that it would invest $75 million in two state-of-the-art fertilizer terminals slated for Saskatchewan and Manitoba. FCL is thus adding
Britain’s BP Likely to Cut its Investment Budget
Britain’s oil giant BP has published its second-quarter profits revealing that they plummeted by 45 percent as the global oil oversupply had dragged revenue and
Israel’s ICL Signs Contracts with China
Israel Chemicals Ltd. (ICL) has signed long-awaited deals to supply potash to buyers in China, the world’s largest consumer of the fertilizer. Analysts believe that
BHP Billiton Takes Its Time with Jansen Potash
BHP Billiton’s operational review showed amazing progress being made with expansion of its flagship project – the Escondida copper mine in Chile. The mine, which
Taekwang to Build a Fertilizer Plant in Vietnam
Taekwang Co., a large South Korean conglomerate, producing clothing, apparel, chemical, industry, and financial services products, which is also in the fertilizer business, announced a plan to build a composite fertilizer plant in
Saudi Arabia Again China’s Number One Crude Exporter
Saudi Arabia has regained its position of China’s number one oil supplier after having been defeated by Russia in the second quarter of this year.
Germany’s K+S Is Another Major Producer to Sell Cheap Potash to India
German potash company K+S will sell potash to its Indian customers at record low prices, thus following in the footsteps of the Belarusian Potash Company
Iran Sends its First Oil to China’s Teapots
According to trade sources, the battle among oil suppliers to satisfy the rising demand for imports from China’s independent refiners is being heated by the
OPEC Updates 2017 Oil Forecasts After Brexit
OPEC has recently updated its 2017 outlook for the oil market, taking into account possible consequences of Brexit. The cartel says that the world’s demand