Brazil’s fertilizer imports are expected to experience a sharp fall in volumes as a result of weak crop prices, which will in turn contribute to
Category: South America
Venezuela Signs a Deal with Russia’s Rosneft Worth $14 billion
Venezuela’s President, Nicolas Maduro, announced that Russia’s oil giant Rosneft and his country’s state-run PDVSA have agreed on a deal bringing about $14 billion in
Mexico’s Pemex Readying to Increase Oil Output
Pemex, the Mexican state-owned petroleum company created in 1938, is readying to increase its production after a decade of decline. Gustavo Fernandez, the head of
Chile’s SQM Fertilizer Fires its CEO
SQM fertilizer, producer of specialty fertilizers and inorganic industrial chemicals headquartered in Chile, has recently fired its chief executive officer, Patricio Contesse, after he was
Brazil’s Fertilizer Market Set to Stagnate
Brazil’s fertilizer market is predicted to stagnate for another season. Stagnation, according to analysts, only stresses the importance of mergers in underpinning the profitability of
Peru’s Indigenous Community Stops Month-Long Occupation of Oil Wells
The indigenous Peruvian community, Achuar, stopped its month-long occupation of 14 oil wells in the country’s biggest oil block while six other wells were seized
Venezuela Stops Crude Imports from Algeria amidst Fears of Bankruptcy
Venezuela’s state-operated company PDVSA has decided to halt the imports of Algerian light crude, which is normally used to be blended with Venezuela’s own extra-heavy
OPEC: Iran and Venezuela to Lobby Together for Higher Prices
Iran’s leader Ayatollah Ali Khamenei confirmed during his meeting with Venezuela’s president on Saturday (10 January) that he supported the cooperation of both countries to
Belarus to Improve Brazil’s Potash Supply Logistics
Belarus Potash Company (BPC) has signed a deal with the Brazilian firm, Rocha Terminais Portuarios e Logistica, aiming to improve the logistics and services for
MBAC Fertilizer Corp. Hits New SSP Daily Output Record
Phosphate fertilizer producer Company MBAC Corp., which is based in Toronto (Canada), has set a new daily record production totalling of 1,700 tonnes of “Single