Glencore’s Traders Score Big Profits as War Rattles Energy Markets
(Bloomberg) — Glencore Plc’s trading team made bumper profits as the Iran war roiled global commodity markets, with…
Arconic orders fifth ABB aluminium stirrer
ABB has received an order from aluminium producer Arconic for a fifth electromagnetic stirrer (AL‑EMS) for its rolling…
Glencore aluminium recycling acquisition
Swiss-headquartered mining group Glencore has acquired a 45% stake in a recycling and remelting plant near Charleston, South…
Venezuelan Oil Moves Into the Caribbean as US Trade Links Forged
(Bloomberg) — Tankers have begun discharging Venezuelan crude at Caribbean islands, publicly signaling their activity in a move…
Trading Giants Want to Sell Venezuela Oil to Big Asia Buyers
(Bloomberg) — Vitol Group and Trafigura Group are in talks with large Indian and Chinese refiners over potential…
Vitol, Trafigura Are in Talks With US Refiners to Gauge Interest in Venezuelan Oil
(Bloomberg) — Trafigura Group and Vitol Group, two of the world’s largest commodities trading houses, are in discussions…
Vitol Offers Venezuelan Crude Oil to China at Narrower Discount
(Bloomberg) — Vitol Group has offered Venezuelan cargoes to Chinese buyers at discounts of around $5 a barrel…
Vitol, Trafigura Are in Talks With US Refiners to Gauge Interest in Venezuelan Oil (1)
(Bloomberg) — Trafigura Group and Vitol Group, two of the world’s largest commodities trading houses, are in discussions…
Vitol Part of Consortium for South Africa LNG-to-Power Project
(Bloomberg) — Vitol Group is part of a consortium proposing a gas-to-power project in South Africa, as the…
Vitol Slated to Supply New Colombia LNG Project
(Bloomberg) — Vitol Group is expected to supply a new liquefied natural gas import terminal in Colombia for…
Rio Tinto backs out of $260bn Glencore merger
Rio Tinto is no longer considering a $260bn merger with Glencore. Talks of this potential all-share merger between…
Energy Trading Giant Vitol’s Long-Time CFO Is Leaving
(Bloomberg) — Vitol Group’s long-standing chief financial officer Jeff Dellapina will retire and be replaced by Asia finance…