Phillips 66, Citgo Move Toward Direct Venezuelan Crude Purchases
U.S. refiners Phillips 66 and Citgo Petroleum are seeking to buy heavy crude directly from Venezuelan state oil company PDVSA starting in April to maximize
U.S. refiners Phillips 66 and Citgo Petroleum are seeking to buy heavy crude directly from Venezuelan state oil company PDVSA starting in April to maximize
U.S. expanded licenses for Venezuelan oil exports are expected to restore PDVSA production to pre-blockade levels of 1.2M bpd by mid-2026. Vitol and Trafigura
US Gulf Coast refiners are struggling to absorb surging Venezuelan oil imports after Trump's $2B supply deal. Venezuelan exports tripled to 800K bpd but prices
President Donald Trump has portrayed his takeover of Venezuela’s oil sales as a victory for America, but when his administration wanted to sell several
By Marianna Parraga HOUSTON, Jan 25 (Reuters) – A crude tanker chartered by Trafigura departed on Sunday from Venezuela’s Jose
By Lucia Kassai (Bloomberg) — Commodities trader Vitol Group loaded its first oil cargo from Venezuela’s shore-based storage tanks, a move set to help
Trafigura Group is planning to order two more supertankers from a Chinese yard, as the trading giant looks to reduce its exposure to an unpredictable shipping
The main investor in Italy’s biggest oil refinery is sounding out trading firms to replace Trafigura Group as the plant’s supply
(Bloomberg) — Trafigura Group could switch more of its crude-oil tankers to carry refined products if sluggish market conditions persist. About
DUBAI, Jan 27 (Reuters) – Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after
British Columbia-based Waterfront Shipping has entered into a time-charter agreement with commodity trading giant Trafigura for the methanol-powered dual-fuel
By Alex Longley and Sheela Tobben (Bloomberg) — Brent approached $80-a-barrel on signs that the crude market is rapidly tightening amid a global energy
By Andy Hoffman (Bloomberg) — Trafigura Group boosted its shipping fleet by 70% in April last year to profit from the wild price swings in the oil
By Andy Hoffman (Bloomberg) –The top oil executive at one of the world’s biggest commodity traders is calling for stricter regulations to force the
SINGAPORE, Sept 25 (Reuters) – Commodities trader Trafigura on Friday proposed a carbon levy of $250-$300 per tonne of carbon-dioxide (CO2) equivalent on
By Andy Hoffman (Bloomberg) — Commodities trader Trafigura Group Pte Ltd.’s big bet on shipping paid off as it agreed on a tanker sale that will give
By Victoria Klesty and Terje Solsvik OSLO, Aug 23 (Reuters) – Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal
OSLO, Aug 13 (Reuters) – Commodities trader Trafigura is joining forces with shipping firms Frontline and Golden Ocean to supply marine fuel ahead of a
By Julia Payne LONDON, April 17 (Reuters) – Global commodities house Trafigura Group said on Wednesday it is entering petrochemicals trading by teaming
HOUSTON, March 15 (Reuters) – U.S. maritime officials have suspended their review of Swiss trader Trafigura AG’s application for a Gulf Coast
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