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VITOL GLENCORE SHELL
Vitol and Glencore set to make formal bids for Chevron's Singapore refinery stake, sources sayCommodities traders Vitol and Glencore are expected to bid for Chevron's 50% stake in Singapore's second-largest refinery, valued at approx...
India's emergency crude stockpile management firm ISPRL looks to trade part of stored oilIndian Strategic Petroleum Reserves (ISPRL) plans to partner with global oil traders like Vitol, Glencore, and Shell to trade a portion of ...
India says Petrochina, other global oil companies keen to build SPRsDuring two roadshows held to seek private investment for building the SPRs, global companies, including BP, Shell and traders Trafigura, Vi...
Obscure traders ship half Russia's oil exports to India, China after sanctionsSanctions over the Ukraine war have led to the emergence of at least 40 middlemen, including "little-known companies" and those reportedly ...
- Exclusive-Major traders, banks cut business ties with Russia-backed Indian refiner -sources
Exclusive-Major traders, banks cut business ties with Russia-backed Indian refiner -sources
Major traders, banks cut business ties with Russia-backed Indian refiner Nayara Energy: SourcesNayara per se has not been sanctioned as part of the international response to what Russia calls its "special military action" against Ukra...
EU decides to ease sanctions on Russian oil exports“With a view to avoid any potential negative consequences for food and energy security around the world, the EU decided to extend the exemp...
Who is buying Russian crude oil and who has stoppedIndia and China, which have refused to condemn Russia's actions, continue to buy Russian crude. Lured by steep discounts following Western ...
Who is buying Russian crude oil and who has stoppedThe EU bloc's 27 members have been unable to agree on an embargo, with Germany warning against hasty steps that could push the economy into...
Major buyers of Russian oil struggle with bank guarantees: Sources"Banks are not willing to open LC’s for the moment so it is a bit of a standoff," one of the sources said. He asked not to be named due to ...
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.
- No longer selling refined petroleum to Iran: RIL to US
Reliance Industries has informed the US that it has stopped selling refined petroleum products to Iran, the US State Department said.
- Reliance, others withdraw from Iran, but China replaces them
Under mounting global pressure, especially from the US, several companies, including India's Reliance and Russia's LUKOIL, have stopped sel...