Natural Resources

Jul10, 2018

Mining mogul sentenced to 30 years in prison

Batista booked Eike Batista, a Brazilian oil and mining mogul, was sentenced to 30 years in prison on Tuesday after paying over $16 million in bribes. Moreover, Federal Judge Marcelo Bretas found Batista guilty of bribing Rio de Janeiro governor…
Jun25, 2018

OPEC reaches new deal

OPEC meeting filled with ambiguity OPEC nations met on Friday and agreed to increase crude oil production. Head of OPEC Suhail Mohammed Faraj Al Mazrouei announced that nations would begin producing at the maximum output as allowed by the 2016…