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Petrobras

Prosecutors: Glencore, Trafigura, Vitol bribed Petrobras employees for business

Trading giants Vitol, Trafigura and Glencore have been accused by Brazil prosecutors to have paid over $30 million in bribes to employees at state-owned oil company...

Australian coal port gets respite on $3.2 billion debt refinancing

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 refinancing plan, offering respite to its owners who would...

Chad wants to cut off Glencore's oil supplies in debt row

Glencore reiterates cooperation with U.S. investigation

Glencore Plc on Wednesday said it would cooperate with U.S. authorities after they demanded documents about the mining firm’s business in Nigeria, Democratic Republic...

Petrobras

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 that owns stakes in two major Nigerian offshore oil blocks, sources...

refineries - NUPENG

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 buy a majority stake in its only oil refinery, a...

Chad wants to cut off Glencore's oil supplies in debt row

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 over $1 billion oil-backed loan, sources familiar with the matter said. Backed by...

iea-sees-global-oil-glut-in-2017-if-no-opec-cut

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 trading houses after borrowing $2 billion from merchants such as Trafigura and...

Fuel: China's refiners seek new export markets

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 South Africa and Botswana assets, saying the South African...

Chad wants to cut off Glencore's oil supplies in debt row

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 more than $1 billion oil-backed loan after another round of talks in Paris...

Chad wants to cut off Glencore's oil supplies in debt row

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 more than $1 billion oil-backed loan after another round of talks in Paris...

Nigeria owing IOCs $5.1bn

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 with some of the world’s top commodity traders to...

Chad wants to cut off Glencore's oil supplies in debt row

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 $1 billion cash-for-crude loan and extended the deadline for full...