Trading giants Vitol, Trafigura and Glencore have been accused by Brazil prosecutors to have paid over…
Tag: Glencore
Australian coal port gets respite on $3.2bn debt refinancing
Australia’s Wiggins Island Coal Export Terminal on Tuesday obtained court approval for a $3.2 billion debt…
Glencore reiterates cooperation with U.S. investigation
Glencore Plc on Wednesday said it would cooperate with U.S. authorities after they demanded documents about…
Vitol, Glencore, Shell compete for Petrobras’ Nigerian assets
The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras…
Zambia short-lists Sahara Energy for stake in oil refinery
Zambia has short-listed five companies including Sahara Energy Resources Ltd. and Britain’s Glencore Energy Ltd. to…
Glencore, Chad reach deal on $1bn oil-backed loan
Glencore and four bank lenders have reached a deal with Chad on the restructuring of an…
Congo seeks relief talks with oil traders over $2bn debt
Congo Republic is set to become the latest African country to start debt relief talks with…
Sinopec moves closer to winning Chevron’s South Africa assets
China’s Sinopec Corp inched closer on Thursday to victory over Glencore in their battle for Chevron’s…
Chad, Glencore talks to renegotiate $1 billion loan fail again
A delegation from Chad and commodities trader Glencore failed to reach a deal to restructure a…
Chad, Glencore talks to renegotiate $1 billion loan fail again
A delegation from Chad and commodities trader Glencore failed to reach a deal to restructure a…
NNPC targets up to $5 billion oil prepayment- Sources
The Nigerian National Petroleum Corporation (NNPC) is looking to set up a $3.5-$5 billion cash-for-crude prepayment…
Glencore offers Chad new plan to repay more than $1bn loan
Commodities trader Glencore has offered Chad a grace period from principal repayments on a more than…