A consortium including Norwegian energy group Aker has made an unsolicited offer to buy most of Austrian oil and gas firm OMV’s exploration and production business, according to newspaper report on Tuesday which an industry source confirmed to Reuters.
Misdelivery claims are one of the messiest types of disputes in trade finance, with cases regularly winding up in court. They arise when a bank which believes it has title over goods being shipped, such as through holding the bills of lading, is not repaid by the receiver to whom it extended financi…
Euromax Resources Ltd., (TSX: EOX): (“Euromax” or the “Company”), is pleased to announce that the Company has agreed to issue a non-interest bearing, unsecured, convertible promissory note in the principal amount of USD$250,000 (“Convertible Promissory Note”) to one of its current shareholders, Gale…
Managing Associate, Neila Cheeks considers the judgment handed down by His Honour Judge Pelling KC on 3 October 2022 of Trafigura Maritime Logistics…
The latest competent intelligence report published by SMI with the title “An increase in demand and Opportunities for Global Commodities Trading Services
Two companies also extended by 12 months crude sales and purchase agreement for Bajada del Palo Oeste field
The big trading firms say they are well positioned to manage future liquidity problems, as greater margin calls distort energy markets.
Oil prices rebounded as a sharp jump in US crude stocks was outweighed by increasingly
Vista Energy has reached an agreement with Trafigura Argentina to invest in the Vaca Muerta oil project in Argentina.
Gevo. Inc on Oct. 10 announced that the copmany’s South Dakota-based Net-Zero 1 project is on schedule following its recent groundbreaking. In addition, the company’s RNG project in Iowa continues to ramp up production.
Crude and product prices retreated on Tuesday, as fears over the state of the global...
Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they seek to comply with sanctions over the Ukraine conflict and deal with threats from the Kremlin that foreign-owned assets may be seized.
A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Gevo updates on SAF offtake agreements and NZ1 project Biofuels Digest
From Bloomberg: Banks globally are finding there are fewer corporate acquisitions to finance now, forcing lenders to focus on giving loans to corporations looking to cover rising expenses amid high inflation.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Miracle Hope was held for two months in Singapore in 2020 after ownership dispute over 1m barrel cargo
Top trading executives warn of Russian oil supply disruptions due to sanctions and a turbulent year ahead in global gas markets.
Crude consolidated recent gains on the decision by OPEC+ to cut output by a sharp 2 million bpd...
Slower growth in China has braked the rise in world energy prices and Russian riches, but Beijing has also stepped up its purchases of Russian fossil fuels.