Post Tagged with: "Trafigura"
Oil trader Trafigura posts record profit in volatile energy markets
Commodity trader Trafigura booked a record profit for the financial year that ended September 30 in an unprecedented energy market volatility after the Russian invasion of Ukraine.
Trafigura, one of the biggest independent oil and commodity traders …
Commodity trader Trafigura nearly doubles profit to hit record in FY 2021
Global commodity trader Trafigura Group made a record net profit for a second year running in its 2021 financial year after a strong performance across divisions and significant energy market dislocations.
The Geneva-based company posted a net profit of
Vista Oil, Trafigura to develop oil wells in Argentina
BUENOS AIRES – Latin American oil company Vista Oil & Gas and Geneva-based Trafigura on Monday signed a deal to jointly develop 20 wells in Argentina’s Vaca Muerta shale oil deposit, the companies said in a statement.
The investment …
Traders beef up U.S. renewable fuel teams as demand soars
Commodity merchants and investment firms such as Citadel, Gunvor and Trafigura are bolstering U.S. teams that specialize in trading renewable fuels as demand soars, according to people familiar with the matter.
Many trading firms already have an established presence …
Trafigura to buy Sonangol’s Puma Energy stake for $600 million
LONDON -Global commodities trader Trafigura has agreed to buy Angolan state oil giant Sonangol’s 31.78% stake in loss-making Puma Energy for $600 million in a step towards raising its holding to more than 90%.
Trafigura and Puma said in …
Oil traders made billions in 2019 as conflict shook the market
The world’s largest energy traders enjoyed one of their best ever years in 2019 as pipeline outages, dramatic changes in ship fuel regulations and Middle East conflicts shook up the global oil market.
The bonanza extended beyond the …
Corpus Christi, San Patricio County Join Opposition Against Trafigura Terminal
From Caller Times
Local opposition is continuing to grow against a proposed offshore terminal that could be located near the Padre Island National Seashore, with several governmental entities asking Gov. Greg Abbott to put a stop to it.
One week …
Another Deepwater Oil Port for Texas
Largest U.S. crude and condensate exporter in 2017 is behind the project
From Offshore Technology
Multinational commodities trader Trafigura has applied for permission to build a deepwater oil port in Texas, US, capable of accommodating supertankers, in order to increase …
