Canada Ponders Making Oil Firms Pay for Offshore Drilling
Canada is considering making oil companies pay for the contribution the country has to make to the International Seabed Authority (ISA) for far offshore drilling.
Fertilizer Industry News: Emmerson, Phospholutions and Verdesian Life Sciences
EMMERSON, a British company whose primary focus is on developing the Khemisset Potash project located in Northern Morocco, intends to start the construction of an
India Plans Tax Changes Regarding Fertilizer Subsidies
Fertilizer manufacturers have approached the Indian government, expressing their concern over the inclusion of subsidy payments as a taxable part of the commodity’s price in
Iraq’s New Oil Minister Insists on Reviewing Oil Contracts
Iraq is to review deals with oil companies to cut the fees that the companies receive when oil prices are low, the country’s new oil
Market Analysis: Troubles in Potash Market Might Last for Years
According to Russian billionaire Andrey Melnichenko, the unfavorable conditions in the potash market might take at least a decade to deal with the excess and
Venezuela Poised to Export Less Oil Next Year
Columbia University said earlier this year that Venezuela, a traditionally major player in oil markets, is poised to export much less oil next year due
BHP’s Jansen Project Likely Mothballed
BHP Billiton Ltd., the world’s biggest mining company, might end up “mothballing” its Canada‘s Jansen project by the end of 2020 after completing two shafts
UK’s Cleveland Potash Mine to Lose Further 140 Jobs
Cleveland Potash Mine near Redcar, one of Europe’s deepest potash mines, is about to lose further 140 jobs due to challenging market conditions and especially
K+S Postpones Start of the Production in its Legacy Project
K+S Potash Canada has delayed the production at its Legacy project solution mine until the second quarter of next year due to an industrial accident.
Iraq Revamps Investment Deals to Boost Oil Output
Iraq has finalized deals with BP, Shell and Lukoil to provide a new impetus to stalled investments in oil fields that the companies are developing.
Africa’s Fertilizer Sector Poised to Benefit from Competition
The World Bank has recently identified the fertilizer sector as one of the key areas for unlocking the continent’s potential. According to the Washington-based institution,