In a significant development for global energy markets, commodity trading giants Vitol Group and Trafigura Group have initiated discussions with major refiners in India and China regarding the sale of Venezuelan crude oil. This move […]
Trafigura said this agreement “expects substantial volumes of LNG to be delivered to Kogas over the next decade.” The pricing index will be Henry Hub, the US natural gas benchmark. Are you Paying High Taxes […]
This is a huge announcement. This will also have a huge geopolitical impact on the carbon tax and countries forcing Net Zero energy policies on other countries’ manufacturing and oil companies. The EU may have […]
In the span of a decade, Egypt has undergone a dramatic transformation in its energy landscape, shifting from a burgeoning liquefied natural gas (LNG) exporter to a significant importer. This reversal, driven by declining domestic […]
NuVista produces condensate-rich natural gas in the Montney formation in the Alberta Deep Basin, Canada. Under the agreement, NuVista will supply 21,000 MMbtu/d of natural gas to Trafigura with the purchase price indexed to JKM. […]
LNG trader Trafigura has appointed Richard Holtum as its new chief executive officer, effective January 1, 2025. Holtum will join the Trafigura board of directors from October 1, 2024. He will replace Trafigura’s executive chairman […]
Trafigura expects Brent oil prices to fall into the $60 per barrel range in the near future, although warns traders to be cautious. Weak Chinese oil demand and rising non-OPEC supply are contributing to the […]
Trafigura has returned to China for more very large crude carrier newbuilds. Multiple brokers report the global commodities trader has signed up for three additional 319,000 dwt VLCCs at Jiangsu New Hantong Ship Heavy Industry. […]
Singapore-based oil and commodities trading powerhouse Trafigura Group has posted the smallest profit since the 2020 oil crisis as volatility in energy markets hit new lows. Trafigura’s net profit dropped to $1.47 billion in the six months through […]
Canada’s Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) and commodities trader Trafigura inked on Wednesday deals to transport copper by rail from the Democratic Republic of Congo to neighbouring Angola’s port of Lobito. The agreements make […]
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