Trafigura announced on Thursday that its consortium Rhone Energies started negotiations to buy the Fos-sur-Mer refinery on the French Mediterranean coast and the Toulouse and Villette de Vienne terminals from ExxonMobil (Esso).Trafigura said in a statement that within the proposed takeover, Rhone...
Commodity trader Trafigura announced on Friday that two of its senior executives are leaving the company. Executive Director Jose Maria Larocca is stepping down at the end of September. His career at Trafigura spanned 30 years and he was appointed head of the Oil and Petroleum Products...
The United States Department of Justice (DoJ) said on Thursday that commodity trading company Trafigura Beheer B.V. will pay nearly $127 million after pleading guilty in a bribery case.
The company, which was accused of violating the Foreign Corrupt Practices Act (FCPA), will pay a criminal fine...
The world's largest private metals trader Trafigura Group Pte Ltd announced Monday that it will acquire the British distributor of petrol and diesel Greenergy International Ltd, to reinforce its supply operations in Europe.
According to the official statement, once the acquisition is completed,...
The largest energy trading companies in Europe have appealed to governments and central banks to provide urgent intervention in order to avert a cash crunch and additional tensions in commodity markets brought about by the ongoing Ukraine crisis, the Financial Times reported on...
The biggest crude exporter in the United States Trafigura Group Pte. Ltd. announced on Friday it formed a joint venture with Phillips 66, the fourth largest US refiner, to build an offshore deepwater port some 21 nautical miles east of the entrance to the Port of Corpus Christi in Texas.
The joint...
Amsterdam-based commodity trader Trafigura Group Pte. Ltd. said on Monday it has entered a "lock-up" agreement with a leading zinc producer from Belgium, Nyrstar N.V., to provide interim funding of $250 million necessary for its restructuring and subsequently take over the company. Additionally,...
Swiss-based multinational commodity trader Trafigura Pte. Ltd. secured a large mid-term contract in the Democratic Republic of Congo for a material essential for electric car batteries, which indicates its determination to strengthen the position against the largest rivals. Chemaf Sarl, controlled by...
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