According to the International Energy Agency (IEA), the world’s global goal production went down significantly in 2016. The agency collated data from official national data
Tag: China
India Curbs Iranian Oil Imports Making Iraq Win
India has been curbing imports of crude oil from Iran as part of the efforts to reduce imports by around a fifth by March 2018. There
Canada’s Potash Corp. Exceeds Performance Expectations
Canada’s Potash Corp. of Saskatchewan reported bigger-than-expected revenue thanks to higher sales of potash at higher prices compared with a year earlier, making a slow
Market Update: China’s Fertilizer Industry Is Undergoing Changes
China’s fertilizer industry is undergoing some major changes as one of the world’s largest consumers of fertilizers – nitrogen, phosphorus and potassium – is slowly
China’s CNPC Suspends Fuel Shippings to North Korea
China National Petroleum Corp (CNPC) has frozen its sales of fuels to North Korea, fearing that it will not get paid amidst the pressures to
China, India and Japan Further Hamper Efforts to Balance Oil Market
China, India, and Japan are further hampering the global efforts to prop up oil prices and restore market balance due to their faltering demand growth,
Market Update: Oil Supply Outpacing Output Next Year
The International Energy Agency (IEA) said that growth in oil supply would outpace an anticipated increase in demand that will bring the global economy above
California Seeks Carbon Trading with China to Counterbalance US Withdrawal from Paris Accord
California Governor Jerry Brown said yesterday (1 June), following Donald Trump’s announcement of the US withdrawal from the Paris climate deal, that he would discuss
Potash Market Update: Turkmenistan Launches Bid Process for Another Potash Plant
Turkmenistan has opened an international bid process for its second potash plant, aiming to expand more into the potash market. The first potash plant in
Ukraine Might Lose Chinese Money to Revamp Its Energy Infrastructure
Arief Budiman (Jakarta, Indonesia) Ukraine could end up missing out on generous funding from China worth almost $3.65 billion due to the quarrels between its