News Muncher - searching for trafigura

1 month ago

How Marc Rich’s former haven put a top commodity trader on trial

When Trafigura Group director Mark Irwin stood up last week to give evidence in a Swiss criminal court, it represented a pivotal moment in the relationship between the world’s commodity traders and the country that many of them call home. Mike Wainwright, former chief operating officer of Trafigura Group, leaves the Federal Criminal Court in Bellinzona, Switzerland Until now, Swiss …

Geneva Corruption Trial Court Trading Prosecutors Switzerland

1 month, 1 week ago

Biden in Angola’s Lobito with a railway plan to counter China influence in Africa

Firstpost

The United States has provided a $550 million loan to support the Lobito venture, which involves refurbishing an existing railway through Angola and extending it into Congo’s mining heartland as part of the first phase US President Joe Biden was welcomed with song and dance as he arrived in the Angolan port city of Lobito on Wednesday, the last day …

China Africa Railway Minerals Washington Critical Minerals Project

1 month, 2 weeks ago

Commodities firm Trafigura goes on Swiss trial over alleged bribes paid to win Angola oil contract

Associated Press

GENEVA — For the first time in Switzerland, a multinational company faces a criminal trial Monday on charges of bribing a foreign public official, with alleged payments totaling about $5 million, to win lucrative oil industry contracts in Angola. Commodities trader Trafigura Group said Sunday it intended to defend itself against allegations that its former parent company did not have …

Switzerland Swiss Trafigura

7 months ago

Breach Of Settlement Agreement Not 'Operational Debt' Under Section 5(21) Of IBC: NCLT Kolkata

Live Law

TheNational Company Law Tribunal Kolkata bench of D. Arvind and Bidisha Banerjee has held that the breach of settlement agreement between the operational creditor and corporate debtor does not fall within the ambit of “Operational Debt” as per Section 5 of the IBC. However, the Petitioner claimed that after the first instalment was paid, the Corporate Debtor failed to make …

Corporate Corporate Debtor Operational Settlement Debt Agreement Held

11 months, 2 weeks ago

Red Sea worries cause spike in refined fuel prices, but the market will adjust

The Hindu

The main impact from the escalating tensions in West Asia and the threat to ships transiting the Red Sea isn't on crude oil prices — refined fuels that are most at risk. The missile attack on the product tanker Marlin Luanda on Jan. 26 by Yemen's Iran-aligned Houthi group underscored the risks to shipments of refined products between the major …

Europe Russia Market Asia Fuel Prices Red

11 months, 2 weeks ago

Crews extinguish fire on tanker hit by Houthi missile off Yemen after US targets rebels in airstrike

Associated Press

JERUSALEM — The crew aboard a Marshall Islands-flagged tanker hit by a missile launched by Yemen’s Houthi rebels extinguished an hourslong fire onboard the stricken vessel Saturday sparked by the strike, authorities said. Early Saturday, U.S. forces conducted a strike against a Houthi anti-ship missile that was aimed at the Red Sea and prepared to launch, the U.S. military’s Central …

Russia Navy Missile Indian British Attack Yemen

11 months, 2 weeks ago

Merchant ship with 22 Indians onboard hit by missile, captain praises Navy's rescue efforts

India TV News

Red Sea attacks: Indian Navy's guided missile destroyer INS Visakhapatnam responded to a distress call from British oil tanker MV Merlin Luanda on Friday after it was struck by a missile launched by the Iran-backed Houthi rebels in Yemen, and has been deployed to the Gulf of Aden to assist the vessel, said the Navy in a statement. The United …

Navy Missile Indian British Yemen Indian Navy Gulf

1 year, 1 month ago

SPG, Trafigura unveil joint venture

China Daily

Trafigura SPG International Trading Co Ltd, a joint venture between Shandong Port Group and Trafigura Group, was unveiled in Qingdao on Nov 15. The strategic partnership between SPG, a world-class seaport, and Trafigura Group, a Fortune Global 500 company, has allowed both parties to leverage their unique strengths in this collaboration which will provide customers with more comprehensive, valuable and …

Supply Joint Venture Port Group Shandong Chain Trafigura Group

1 year, 1 month ago

SPG, Trafigura unveil joint venture

China Daily

Trafigura SPG International Trading Co Ltd, a joint venture between Shandong Port Group and Trafigura Group, was unveiled in Qingdao on Nov 15. The strategic partnership between SPG, a world-class seaport, and Trafigura Group, a Fortune Global 500 company, has allowed both parties to leverage their unique strengths in this collaboration which will provide customers with more comprehensive, valuable and …

Supply Joint Venture Port Group Shandong Chain Trafigura

1 year, 2 months ago

Summit signs record number of foreign investment projects

China Daily

The fourth Qingdao Multinationals Summit, held last week in Qingdao city of Shandong province, showcased China's latest achievements in economic development and injected strong momentum into the market. In living up to its theme of "Multinationals and China", the summit, jointly organized by the Ministry of Commerce and Shandong province, built a channel for high-quality two-way investment and achieved fruitful …

China Investment Qingdao Shandong Summit Geng Multinationals

1 year, 2 months ago

Summit signs record number of foreign investment projects

China Daily

The fourth Qingdao Multinationals Summit, held last week in Qingdao city of Shandong province, showcased China's latest achievements in economic development and injected strong momentum into the market. In living up to its theme of "Multinationals and China", the summit, jointly organized by the Ministry of Commerce and Shandong province, built a channel for high-quality two-way investment and achieved fruitful …

China Investment Qingdao Shandong Geng Multinationals Summit

1 year, 2 months ago

Summit signs record number of foreign investment projects

China Daily

The fourth Qingdao Multinationals Summit, held last week in Qingdao city of Shandong province, showcased China's latest achievements in economic development and injected strong momentum into the market. In living up to its theme of "Multinationals and China", the summit, jointly organized by the Ministry of Commerce and Shandong province, built a channel for high-quality two-way investment and achieved fruitful …

China Investment Qingdao Shandong Summit Geng Multinationals

1 year, 3 months ago

Tesla, Saudi Arabia in talks for EV factory in gulf kingdom to diversify economy

Live Mint

Saudi Arabia is in early talks with US electric automaker Tesla to set up a manufacturing facility in the kingdom to help diversify its economy away from oil, the Wall Street Journal reported Monday citing sources. The gulf country has been wooing the US automaker with the right to purchase certain quantities of metals and minerals the company needs for …

Tesla Saudi Arabia Musk Report Saudi Gulf Pif

1 year, 9 months ago

SPG inks cooperative deals with Trafigura Group

China Daily

SPG signs cooperative deals with Singapore's commodity trader Trafigura Group on March 29. Shandong Port Group, the world's largest port conglomerate in terms of cargo capacity, signed cooperative deals with Singapore's commodity trader Trafigura Group on March 29, and both sides agreed to cooperate in areas including crude oil, natural gas, iron ore, and non-ferrous metals. The global trader focuses …

Spg Trafigura Group Cooperative Deals

2 years, 3 months ago

NCLT Can't Refer To Arbitration U/S 8 Of The A&C Act While Exercising Powers U/S 7, 9 And 10 Of The IBC: NCLAT Principal Bench

Live Law

The NCLAT Principal Bench comprising of Justice Anant Bijay Singh, Judicial Member and Ms. Shreesha Merla, Technical Member in the matter of Trafigura India Pvt. Ltd. V. TDT Copper Ltd. upheld the order passed by the Adjudicating Authority which upheld the order of the AA, dismissing Appellant's S. 9 Application under IBC on the ground that unpaid amounts in the …

Arbitration Debt Respondent Nclt Appellant Ibc Settlement Agreement

2 years, 8 months ago

Refiners said to seek six-month Russian oil import deal

The Hindu

Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels per month, multiple sources with knowledge of the matter said, as the world's third largest importer seeks more Russian crude despite Western sanctions. India's top refiner Indian Oil Corp., Bharat Petroleum Corp and Hindustan Petroleum Corp are negotiating the deal with Russia's Rosneft, the sources …

Ukraine Russia Indian Companies Western New Delhi Russian

2 years, 9 months ago

BPCL buys 2 million barrels of Russian Urals for May loading

The Hindu

Bharat Petroleum Corp Ltd has bought 2 million barrels of Russian Urals for May loading from trader Trafigura, two sources familiar with the purchase said. Refiners in India, the world's third biggest oil importer and consumer, have been snapping up Russian oil through spot deals since Russia's invasion of Ukraine on Feb. 24, taking advantage of deep discounts as other …

India Oil Russian Bpcl Russian Oil Russian Urals

2 years, 9 months ago

List of companies still buying Russian crude oil

Al Jazeera

There are still many takers for Russian crude as several EU countries fail to impose an outright ban on oil and gas from Moscow in the wake of Ukraine war. The following lists major buyers of Russian oil: Neftohim Burgas A Bulgarian refinery, owned by Russia’s Lukoil, and, with Russian crude accounting for about 60 percent of its intake, continues …

Ukraine Germany Moscow Buying Hungary Owned Crude Oil

2 years, 10 months ago

Shell to stop buying Russian crude oil, gas over Ukraine invasion

Al Jazeera

The energy giant joins a raft of other corporations, including BP, to exit from Russia over Moscow’s invasion of Ukraine. Shell has apologised for buying Russian crude oil last week and said it would withdraw completely from any involvement in Russian hydrocarbons over the country’s invasion of Ukraine. “We are acutely aware that our decision last week to purchase a …

Russia Russian Crude Shell Crude Oil Russian Crude Oil Ukraine Oil

2 years, 11 months ago

US, EU sanctions on Russia could ensnarl Western oil companies

Live Mint

LONDON : Some of the West’s biggest oil companies could find themselves in the crosshairs of sanctions now being drafted by their home governments against Russia. The U.S. and Europe aren’t weighing sanctions against Russian exports of oil and natural gas directly given concern they could increase already high energy costs in Europe. British oil giant BP PLC owns almost …

Europe Ukraine Russia Oil Sanctions Natural Gas Project

4 years, 2 months ago

Oil prices crash on demand concerns as many countries extend covid lockdown

Live Mint

Oil prices fell 4% on Monday on worries that widening coronavirus lockdowns in Europe would weaken fuel demand and amid concerns about turbulence over this week's U.S. presidential election. Vitol sees winter demand at 96 million barrels per day while Trafigura expects demand to fall to 92 million bpd or below. Still, concerns about weakening demand and rising supplies from …

Europe Oil Prices Demand Million Opec Bpd Lockdown Oil

4 years, 4 months ago

Linyi company facilities cooperation with Trafigura

China Daily

Trafigura Investment China and Linyi City Development Group carry out negotiations on the import of crude oil on Aug 25. Representatives from Trafigura Investment China and Linyi City Development Group carried out negotiations on the import of crude oil on Aug 25 in Linyi, Shandong province. At the meeting, TIC praised the strong development momentum and diversified development strategy of …

Development Crude Oil Tic Linyi Trafigura Linyi City Development Group

4 years, 6 months ago

The big oil turnaround: From negative prices to a bull market

Live Mint

Every day, traders in London congregate at 4 pm to buy and sell North Sea oil for half an hour. Leaving lockdown “You can see demand ramping up every week,” said Marco Dunand, co-founder of major oil trading house Mercuria Energy Group Ltd. “Our short-term tracking of demand confirms a healthy recovery from the lows of April,” said Giovanni Serio, …

China Russia Market Saudi Demand Brent Global Oil

4 years, 11 months ago

Guangxi Jinchuan Non-Ferrous Metal Co

China Daily

Guangxi Jinchuan Non-Ferrous Metal Co. Jointly invested and constructed in May 2010 by Gansu's Jinchuan Group and Singapore's Trafigura Group, Guangxi Jinchuan Non-Ferrous Metal Co is located in Jinchuan Industrial Park in Fangchenggang, Guangxi Zhuang autonomous region. In 2017, it ranked 20th among the Top 100 enterprises in Guangxi, and 11th among the Top 100 manufacturing enterprises, and it also …

Guangxi Jinchuan

Filters

Search results for trafigura

How Marc Rich’s former haven put a top commodity trader on trial

Biden in Angola’s Lobito with a railway plan to counter China influence in Africa

Commodities firm Trafigura goes on Swiss trial over alleged bribes paid to win Angola oil contract

Breach Of Settlement Agreement Not 'Operational Debt' Under Section 5(21) Of IBC: NCLT Kolkata

Red Sea worries cause spike in refined fuel prices, but the market will adjust

Crews extinguish fire on tanker hit by Houthi missile off Yemen after US targets rebels in airstrike

Merchant ship with 22 Indians onboard hit by missile, captain praises Navy's rescue efforts

SPG, Trafigura unveil joint venture

SPG, Trafigura unveil joint venture

Summit signs record number of foreign investment projects

Summit signs record number of foreign investment projects

Summit signs record number of foreign investment projects

Tesla, Saudi Arabia in talks for EV factory in gulf kingdom to diversify economy

SPG inks cooperative deals with Trafigura Group

NCLT Can't Refer To Arbitration U/S 8 Of The A&C Act While Exercising Powers U/S 7, 9 And 10 Of The IBC: NCLAT Principal Bench

Refiners said to seek six-month Russian oil import deal

BPCL buys 2 million barrels of Russian Urals for May loading

List of companies still buying Russian crude oil

Shell to stop buying Russian crude oil, gas over Ukraine invasion

US, EU sanctions on Russia could ensnarl Western oil companies

Oil prices crash on demand concerns as many countries extend covid lockdown

Linyi company facilities cooperation with Trafigura

The big oil turnaround: From negative prices to a bull market

Guangxi Jinchuan Non-Ferrous Metal Co