The Venezuelan state-run oil company Sargeant and Petróleos de Venezuela, S.A., known as PDVSA, has signed a contract with the US energy firm Erepla to
Category: South America
Meeting Brazil’s Fertilizer Demand Through Innovative Flotation Solutions
ArrMaz, a global leader in specialty chemicals for the mining, fertilizer, phosphate, industrial ammonium nitrate, asphalt, and oil and gas industries worldwide, is eying Brazil.
Verde Agritech’s Potash Project in Brazil On Budget and Schedule
Verde Agritech PLC said that the works on its processing plant in the Brazilian state of Minas Gerais – the Cerrado Verde project – had
US Venezuela Sanctions to Affect Global Oil Prices More Than Iran Deal Withdrawal
New US sanctions on Venezuela’s crude output are expected to have a more negative impact on the country’s production and global supply than sanctions on
Market Update: Canada’s Canpotex Enters Brazilian Potash Market with a Bang
While Brazil’s biggest mining company exits the fertilizer industry, Canada’s leading potash exporter Canpotex Ltd. is boosting its operations in a country that is expected
Chinese & Brazilian Oil Giants Team Up in an Investment-Oil Exchange
Brazilian state-run oil company Petrobras is close to finalizing a deal in which China National Petroleum Corp Ltd (CNPC) would make an investment in an
Oil Markets’ Rebalancing Faster Thanks to Venezuelan Output Cut
Global oil markets are rebalancing fast following a falling supply from Venezuela, which has posted last year’s biggest unexpected production fall and could see further
Powering South America: Bolivia Signs Gas Deal with Foreign Energy Companies
The Bolivian government signed natural gas development contracts with Spain’s Repsol, Brazil’s Petrobras, Royal Dutch Shell and Pan American Energy earlier this week. Covering blocks
Market Update: Venezuela Abandons US Dollar in Oil Trade
Venezuela is no longer receiving or sending payments in US dollars in response to the sanctions imposed by the White House in August. Oil traders
Brazil to Boost Fertilizer Production by $9.53 Million
The world’s largest meatpacker, JBS SA, is going to invest 30 million reals ($9.53 million) to manufacture fertilizers in Brazil. The company will build a