Underground heat storage pilot in Bern, Switzerland progresses with test drilling
Test probes have now been installed as part of a proposed underground heat storage system at the Buech…
ABB Buys UK’s Rotork in $5.5 Billion Deal for Automation Boost
(Bloomberg) — ABB Ltd. agreed to buy British industrial components company Rotork Plc for an enterprise value of…
Mercuria, Vitol Are Among Bidders for Raizen Argentina Refinery
(Bloomberg) — Energy trading giants Mercuria Energy Group and Vitol Group are among finalists for a refinery and…
Small US Trader Moves Into Commodity Giants Vitol, Trafigura’s Venezuela Oil Turf
(Bloomberg) — George E. Warren LLC, a US oil trading firm based in Florida, broke into Venezuela oil…
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…
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…
Vaud, Switzerland launches geothermal survey campaign and call for projects
The Canton of Vaud in Switzerland has announced a geological survey for geothermal exploration and a call for…
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…
Magglingen, Switzerland will no longer pursue deep geothermal heating project
Football training in Magglingen, Switzerland (source: Ch-info.ch, CC BY-SA 3.0 , via Wikimedia Commons) The planned geothermal heating…