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TRAFIGURA INDIA
US releases another wave of emergency oil as gas prices biteThe US has awarded 53.3 million barrels from its Strategic Petroleum Reserve to firms including Trafigura, Marathon Petroleum and Exxon Mob...- Venezuela's oil exports jump to highest since 2018, with more sales to US, IndiaVenezuela’s oil exports rose 14% to 1.23 million barrels per day in April, the highest in over seven years, driven by increased sales to th...
- The billion-barrel Hormuz oil shock is about to crash demandThe closure of the Strait of Hormuz is wreaking havoc on global oil supplies. Experts are cautioning that as stockpiles dwindle, demand is ...
- Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery: ReportGlobal commodity traders Vitol and Trafigura are in discussions with Indian and Chinese refiners for Venezuelan crude oil sales, with deliv...
- Indian Oil agrees to five-year LNG deal with Trafigura, sources sayIndia’s biggest refiner, Indian Oil Corporation, has agreed to a five-year deal to import liquefied natural gas (LNG) from global trading f...
- Court rejects JSW Steel, Trafigura request to clear certain met coke importsAn Indian court has rejected requests from JSW Steel and Trafigura to allow certain shipments of met coke, following India’s January restri...
- PetroChina, other global oil companies keen to build reserves in IndiaIndia plans to build two commercial-cum-strategic oil storage facilities with a combined capacity of 6.5 million tonnes in a public-private...
- Ending ties with Russia's Rosneft, Trafigura sells Nayara stake to Hara Capital SarlThe deal size was not disclosed in the official statement. People involved in the transaction said Hara, a wholly owned subsidiary of Itali...
- India's Nayara Energy buys Urals after 1 yearIndian private refiner Nayara Energy, part-owned by Russia's Rosneft, has purchased Russian oil after a gap of a year, buying about 1.8 mil...
- India's Nayara buys Urals after a year; IOC books another three million barrelsOn Wednesday Indian Oil Corp, the country's top refiner, also bought 3 million barrels of Russian oil via a tender for May loading from tra...
- Sanctions may delay Rosneft's India ops expansionRosneft owns a 49% stake in Nayara Energy, which operates a 20 million tonnes a year refinery in Gujarat and more than 6,000 fuel retail ou...
- First Guyanese crude cargo to India on its way to Mundra PortIndia has asked refiners to speed up the diversification of imports to cut their dependence on Middle Eastern crudes after OPEC+ decided th...
- Nayara Energy raises $750 million via offshore loanThe erstwhile Essar Oil was sold in August 2017 to Rosneft and Trafigura.
- Trafigura denied licence to operate fuel pumps in IndiaGeneva-headquartered company’s investment here not enough to make it eligible for a licence.
- Essar Oil CEO Lalit K Gupta quits as Rosneft rejigs board on $13 billion takeoverThe deal would give Rosneft and its partners control of 20 million tonnes a year Vadinar oil refinery in Gujarat as also over 3,500 petrol ...
- Paid a fair price for Essar Oil: Raoul Bajaj of Trafigura IndiaOne of the stakeholders in the Essar Oil deal - Trafigura, says it has unlocked a significant value with this deal. Trafigura India says th...
- Trafigura plans to set up $25 million copper wire rod manufacturing facility in IndiaThe company says the subsidiary was set up with an objective to understand and address challenges in India’s commodity and metals industry.
- Trafigura launches online refined metal retail store LYKOSCurrently, the primary metal commodities market in India is worth USD 8.4 billion, and is projected to grow at 5-8 per cent year on year.
- Commodity company Trafigura to invest up Rs 1,800 crore in LykosThe money will be used to set up warehouses, online trading platform, and to source metal from the producers.
- Reliance sells term diesel to Trafi, IPG, GalanaIndia's Reliance Industries Ltd has awarded its term tender to sell diesel to traders Trafigura, Kuwait's IPG and Africa-focused Galana as ...
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