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By Rhod Mackenzie

On March 13, 2024, EuroChem launched a new plant for producing phosphate fertilizers in Serra do Salitre, Brazil. The ceremony was attended by the President of Brazil, and the state governor and members of the government - the vice president and ministers - also spoke.
During hi...

The Russian Deputy Prime Minister Alexander Novak announced on February 20th, during a plenary session at the International Exhibition and Forum 'Russia' at VDNKh, that global oil demand will continue to grow until at least 2040.

                            'Novak noted that despite some people cl...

By Rhod Mackenzie

The largest oil company on the planet seems to have revised its oil demand forecast. Based on this sudden 180-degree turn, there have been significant changes in Saudi Aramco's long-term policy. The company, to everyone's surprise, including those in Saudi Arabia, has abandoned p...

By Rhod Mackenzie

Gold production in Russia is likely to peak at 600 tonnes by 2030, before beginning to decline. This was reported by the newspaper Vedomosti, which refers to a study by the Federal State Budgetary Institution TsNIGRI.

600 tonnes is the base scenario, whereas production is expec...

By Rhod Mackenzie

The day following the most significant plunge in oil prices within the last year or so, its precipitous fall persisted. Within a couple of days, Brent has dropped to its lowest point since the summer and has lost over 14% of its value from its apex one week ago. The market now a...

By Rhod Mackenzie

By 2035, Russia will increase its gold production by 27% and become the world's leading producer of this precious metal, according to the telegram channel of Alexander Kozlov, the Minister of Natural Resources and Ecology of the Russian Federation.

According to Vestnik Zolotopr...