U.S.-Mexico crude oil exchanges that were approved in August by the U.S. Department of Commerce’s Bureau of Industry and Security will probably involve swaps of
Category: News
U.S. Crude Production Set to Fall Next Year
U.S. oil output is expected to fall by almost 1 million barrels next year down from this year’s heights. American crude production hit its peak
The Waste Generated by Biogas Production Transformed into Fertilizer
A Canadian chemical engineer, Andrew White, has invented a product that can transform the waste generated by biogas production into fertilizer – a system called
Gazprom Signs Major Deals with Europe despite the Ukrainian Crisis
Russia’s energy giant Gazprom boosted its presence in Europe on Friday (4 September) by signing two major deals despite the ongoing tensions between Russia and
African Potash’s Shares Soar Following the Malawi Deal
After the African Potash had signed a preliminary deal with an unnamed Malawian company, its shares soared by almost 24 percent. Under the agreement, the
Rwanda’s Use of Fertilizers on Rise
Thanks to the new crop intensification program aimed at enhancing the agriculture productivity and farmers’ livelihood, Rwanda’s use of fertilizers has gone up from 4000
A Chinese Company Buys 51 Percent of Western Potash
Western Potash has found an investor that would fund its small project in Saskatchewan. Beijing Tairui Innovation Capital Management Ltd, a Chinese private equity group,
K+S Refuses an $8.7 Billion Acquisition Offer by Potash Corp
Germany’s K+S AG has refused to accept an $8.7 billion bid (€41 per share) from Canada’s Potash Corp of Saskatchewan saying that the offer is
Iraq and Brazil to Revise Oil Production Targets Downward
Analysts expect that Brazil and Iraq will have to make major downward revisions to their oil production targets, which could in the end lead to
Tata Chemicals Seeking Buyers for its Fertilizer Unit
Tata Chemicals Ltd., the world’s second largest producer of soda ash, with manufacturing facilities in Asia, Europe, Africa and North America, is selling its fertilizer