Virus-sapped demand and increased domestic competition for market share could push diesel imports into Brazil to the lowest point of 2020, according to preliminary data analyzed by Argus.
News ID: 9365 Publish Date : 2020/05/07
Japanese trading house Sumitomo is partnering Malaysian offshore oil services firm Yinson in owning and chartering a floating production, storage and offloading (FPSO) vessel for state-controlled Petrobras' Marlim II project in Brazil .
News ID: 9277 Publish Date : 2020/04/30
A bleak demand outlook and increased flexibility in term contracts with state-controlled Petrobras are fostering the development of spot gasoline and diesel markets at the Santos and Paranagua ports.
News ID: 9274 Publish Date : 2020/04/30
Brazil is on the threshold of a fresh political crisis on top of an oil market collapse that has already set back the non-Opec country's pre-salt bonanza.
News ID: 9224 Publish Date : 2020/04/24
Japanese chemicals producer Sekisui Chemical plans to start the verification of bioethanol output produced from rubbish by the end of the 2021-22 fiscal year.
News ID: 9195 Publish Date : 2020/04/20
Hüttenes-Albertus (HA), the world’s leading manufacturer of chemical products for the foundry industry, has announced that the company will continue its partnerships with the US-American specialty chemicals company SI Group in both Brazil and South Africa - following the termination of the agreement between ASK Chemicals and SI Group in terms of the intended disposal of SI Group´s Industrial Resin business to ASK Chemicals.
News ID: 9146 Publish Date : 2020/04/14
The sharp fall in Brazil ian gasoline consumption is prompting risk-adverse independent retailers and traders to considerably reduce import operations and rely more on domestic output.
News ID: 9022 Publish Date : 2020/04/02
Brazil 's state-controlled Petrobras has doubled production cuts to 200,000 b/d in response to the oil price collapse.
News ID: 9004 Publish Date : 2020/04/01
Brazil 's state-controlled Petrobras has postponed the receipt of binding offers for its domestic refineries as the oil price crash and coronavirus drastically alter market conditions.
News ID: 8796 Publish Date : 2020/03/20
The Islamic Republic of Iran stood higher than Turkey, Saudi Arabia, South Africa and Brazil in Industrialization Intensity Index, research conducted by the Iranian Parliament Research Center (IPRC) said.
News ID: 8756 Publish Date : 2020/03/17
Guyana, a country with a population of 780,000, neighbouring Brazil and Venezuela in the region’s northeast corner, is expecting to bloom its economy to 86% in 2020 after expanding 4.4% in 2019, as per International Monetary Fund.
News ID: 8733 Publish Date : 2020/03/16
MOIL has declared Manganese Ore prices for the first quarter of CY20. Prices of Manganese Ore has been rebounding for the past few weeks. This can largely be attributed to the Manganese ore supplies from South Africa and Gabon decreased as the small miners shut down their mines when the prices hit below USD 4/dmtu. Manganese ores availability is an issue from Zambia and Brazil due to rainy season there and this has created a cascading effect and a Manganese Ore shortage in the domestic market was experienced which in line pulled the Manganese ore prices for the first quarter.
News ID: 8213 Publish Date : 2020/01/02
With the average price of US high-volatile type A coking coal at close to $200/t fob Hampton Roads in 2018, bullish mine economics encouraged some US mining firms to increase output or even restart mines.
News ID: 8149 Publish Date : 2019/12/30
Brazil is carrying on with its plans to drill in the prolific pre-salt area even after UN leaders urged countries on Monday to steadfastly curb emissions of “climate-altering” gases that stem from—among other things—fossil fuels.
News ID: 7914 Publish Date : 2019/12/10
Bolivia's interim government is hoping to salvage a commercial agreement with Russian fertilizer giant Acron to produce and distribute urea in Brazil .
News ID: 7799 Publish Date : 2019/12/06
Brazil 's state-controlled Petrobras plans to spend around $18bn over the next five years to develop the giant Buzios pre-salt field, the biggest single investment under the company's $75.7bn 2020-24 business plan.
News ID: 7782 Publish Date : 2019/12/04
The Brazil ian economy ministry's chamber of foreign commerce Camex has extended its definitive anti-dumping duty (ADD) on imports of steel heavy plates from Ukraine, China, South Africa and South Korea for up to five years, starting on 1 October.
News ID: 7507 Publish Date : 2019/11/22
Moroccan-based OCP will expand its facilities in Brazil , building four more warehouses in the country.
News ID: 7506 Publish Date : 2019/11/22
French tubular steelmaker Vallourec expects Brazil ian demand to pick up in the fourth quarter, while oil and gas demand in the US is expected to decline.
News ID: 7484 Publish Date : 2019/11/15
World’s largest iron ore miner- Vale informed yesterday through its press release that miner has got necessary authorization from the National Mining Agency to resume the operations of the Alegria Mine operation that has been halted since Mar'19.
News ID: 7377 Publish Date : 2019/11/02