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…
Energy and Utilities Analytics Market Report Now Available; Profiles IBM, Siemens, ABB, GE Vernova, Microsoft & 34 Others; Forecasts Market Growth from $6.1B (2026) to $10.1B by 2031
Company Logo The energy and utilities analytics market is set for robust growth, increasing from over USD 6.10…
3 dead and others rescued after boat capsizes on Wisconsin lake amid storms
LAKE GENEVA, Wis. — Three people died and seven others were rescued Friday after a boat capsized in…
3 dead and 7 rescued after boat capsizes in storm on Wisconsin’s Lake Geneva
LAKE GENEVA, Wis. (AP) — Three people died and seven others were rescued Friday after a boat capsized…
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…
ABB report shows how a 0.2 percent motor efficiency gain could unlock billions for industry
Report examines a decade of data for over 1,000 large motors and generators delivered globally by ABB’s Västerås facility…
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…
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…