Tag Archives: Market

Saudi Arabia’s fertilizer products portfolio consists of ammonia (26 percent). urea (28 percent). and diammonium phosphate (DAP) MAP (22 percent).

Last year Exxon said they may invest over $10 billion in Vaca Muerta shale projects over the next few decades.

Venezuela is in disarray and in no condition to expand its oil production.

Kuwait also plans to start selling a new grade of crude called Kuwait Super Light from January.

The world’s top shale play. the Permian. has shown remarkable resilience amid the lower-for-longer oil prices.

Erdogan has to formulate a tough response to shore up the nationalists at home ahead of critical elections in 2019.

The other partners are oil majors Shell with 8.1 percent. Total with 3.7 percent and ConocoPhillips with 1.6 percent.

The Trump administration is supporting the LNG export industry further.

Iran currently produces about 3.8 million barrels per day (mb d) and exports about 2.2 mb d. plus 400.000 bpd of condensate.

OPEC members Libya and Nigeria have been exempted from supply curbs as their oil industries recover from years of unrest.