India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
30 Jun, 2026, 04.16 PM IST
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
06 Jun, 2026, 08.22 PM IST
Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
28 May, 2026, 08.16 AM IST
World's biggest energy trading firms are returning to metalsThe shift comes as forecasters turn increasingly bullish on copper, aluminum and other metals, where long-anticipated production shortfalls...
25 Apr, 2024, 01.00 AM IST
Corporate funding in global solar industry surges 55% in January-September: Mercom CapitalDespite inflationary challenges and elevated interest rates, financing in solar industry has remained robust through the first three quarte...
25 Oct, 2023, 12.43 AM IST
AT Capital Group and Vitol invest $350 million in Juniper Green EnergySingapore's AT Capital Group and Dutch commodities trading firm Vitol have invested $350 million in Juniper Green Energy, an independent re...
13 Sep, 2023, 11.43 AM IST
Vitol, Sun Energy look to buy Macquarie's India renewable bizVibrant Energy, which primarily sells electricity to corporate and industrial (C&I) customers, operates a renewable energy portfolio of 132...
31 Aug, 2023, 11.31 PM IST
Chetan Maini's Sun Mobility raises $50 million in latest round of fundingSun Mobility works in the area of battery swapping for electric vehicles (EV) and notably has tied up with Italy’s Piaggio to offer battery...
20 Oct, 2021, 01.04 PM IST
UK's Heathrow Airport to use renewable jet fuel for first timeVitol, the world's biggest independent oil trader, is a fuel supplier at Heathrow through its Vitol Aviation arm and expects to deliver mor...
03 Jun, 2021, 01.52 PM IST
The World’s on the brink of running out of places to store oilAs per IHS Markit, producers will be forced to cut output because by June there’ll be no place to store crude.
27 Mar, 2020, 09.09 PM IST
Oil traders made billions in 2019 as conflict shook the marketConsensus is that the industry benefited from a lucky mix of factors in the oil market.
27 Jan, 2020, 03.56 PM IST
Commodity traders lament world where everybody knows everythingIt’s critical for traders to evolve as margins have declined because of more transparency.
22 May, 2017, 02.04 PM IST
Trump uncertainty, doubt over output cut to take oil prices on a bumpy ride: Vitol“I think this market is going to be very volatile,” Kho, the president of Vitol Asia Pte., said in an interview. “People are worrying about...
06 Feb, 2017, 03.40 PM IST
Oil traders scrape bottom of the barrel to seek out new fortuneWhile there’s no shortage of bitumen, world’s largest traders are jumping in as the shift in production locations and increased demand crea...
14 Jul, 2016, 10.49 AM IST
- Essar Energy in talks for Royal Dutch Shell's stake with Exxon, Chevron, Shell & ConocoPhilips
Essar had bid for Royal Dutch Shell's stake in four Nigerian oil fields but had fallen out of the race when Shell did not find Essar's offe...
16 Sep, 2011, 07.07 AM IST
- Essar eyes Shell's stake in 4 Nigerian oil fields
Ruias-owned Essar Group is among four consortia in race to buy Royal Dutch Shell Plc's stake in four Nigerian oil fields.
16 Mar, 2011, 05.14 PM IST
- Aegis acquires Hindustan Aegis's gas terminal
Aegis Logistics Ltd has acquired the throughput activity undertaking of Hindustan Aegis LPG Ltd.
14 Aug, 2007, 06.29 PM IST