“Business as Usual”: Indian Companies React to 2016/2017 Fertilizer Budget
“Business as usual” was the immediate response of the Indian fertilizer companies to the government’s publication of the South Asian country’s budget for 2016-2017. The
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
Africa’s Dangote Group to Supply Nigerian Fertilizer Plant
Dangote Group, a Nigerian multinational industrial conglomerate owned by Africa’s richest man Aliko Dangote, announced it was planning to buy phosphate from Morocco to feed
Jansen Potash Mine Expected to Start Production in 2020s
Jansen Potash mine is a project of the world’s largest mining company, BHP Billiton, and it is set to be one of the world’s largest
Potash Corp Union Workers Worried about Future
Rick Suchy, President of the “Unifor Local 922” Labor Union, which represents workers at Potash Corp. of Saskatchewan’s Lanigan mine, has expressed his concerns about
Russia Shows First Signs of the Implementation of Oil Production Freeze Deal
In February, Russia produced oil at the same rate as in January, at 10.88 million barrels per day (bpd), an almost 30-year high, regardless of
Brazil’s Petrobras to Slash Investment
Brazil’s energy giant Petrobras has announced that it will cut its five-year investment plan by about 20 percent next month due to the soaring debt,
Venezuela: Default of a Major oil Producing Company Looming
The Venezuelan state-run oil company PDVSA has about $5.2 billion in payments to bondholders this year, most of it due in October and November. Analysts
Potash Corp of Saskatchewan Curtails Output at Two Canadian Mines
Potash Corporation of Saskatchewan said yesterday (25 February) that it would cut production at its two Canadian mines for four weeks due to increasing pressure
Global Oil Market Dynamics Changing: China and India on Rise
India and China have overtaken the traditionally dominant crude buyers, such as Japan, and challenged the United States as the world’s biggest oil consumer. The
Orascom Stops Making Payments in Iowa Fertilizer Plant Construction Project
The company that is behind an almost $2-billion fertilizer plant under construction in southeast Iowa ceased making payments. In the lawsuit between Maintenance Enterprises, a