Recent Posts

Energy markets have ‘ready supply’ of oil

Bloomberg Global energy markets have “a ready supply” of oil as the US boosts production and exports and continues to seek deals to sell its crude and natural gas, Energy Secretary Rick Perry said. The increase in US production and exports helped ease the price spike after attacks on Saudi oil infrastructure last month, Perry told reporters during a briefing ...

Read More »

India needs more reforms to be competitive in global market

Bloomberg India can take more steps to be competitive in the global market, such as enforcing contracts, World Bank President David Malpass said. “There can be more progress in land permits and in enforcement of contracts,” Malpass said in New Delhi on Saturday. “Other countries in Asia have done pretty well.” India jumped 14 places to 63rd in the World ...

Read More »

Brazil’s Samarco to restart iron-ore mining next year

Bloomberg A key environmental council approved a permit, clearing the way for Samarco Mineracao SA to resume operations at its iron-ore mine in second half of 2020. Ten of the 12 members of Minas Gerais state environmental council, known as Copam, voted in favor of an operational corrective license for the mine. Executives at Vale SA, which has a 50% ...

Read More »