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…
Swiss Solar Boat claims overall victory at Monaco Energy Boat Challenge
After four days of competition in the Principality, the 13th Monaco Energy Boat Challenge has concluded with Swiss…
FIT funds four Western Switzerland start-ups
The Foundation for Innovation and Technology has awarded three Tech Seed loans of CHF 100,000 each to EM…
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…
Scientists find Europe’s mountains could be hiding clean hydrogen
Europe’s mountains, long celebrated for tourism and ski slopes, may soon be famous for what lies beneath them. A…
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…
Steel City students to compete in hydrogen racing world title in Switzerland
The Steel City was heralded as the Hydrogen Hub before the Whyalla Steelworks was forced into administration. But…
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…
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…