Trafigura

ROSNEFT OIL COMPANY: Sale of 5% in Vostok Oil to a Consortium of Vitol and MME

Thursday, October 14, 2021 - 2:29pm

Ltd. (75% - Vitol, 25% - MME) have closed a deal to sell a 5% stake in the authorized capital of Vostok Oil LLC.

Key Points: 
  • Ltd. (75% - Vitol, 25% - MME) have closed a deal to sell a 5% stake in the authorized capital of Vostok Oil LLC.
  • The energy for Vostok Oil is expected to be supplied mainly via using assotiated pteroleum gas and wind generation.
  • The plan is that by 2030 the oil production at Vostok Oil will make up to the tune of 100 million tons.
  • In August, Rosneft commenced autumn navigation on the River Yenisei to deliver cargoes to Vostok Oil sites.

DGAP-News: ADM Energy PLC: Interim Results

Thursday, September 30, 2021 - 6:09pm

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria.

Key Points: 
  • ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria.
  • ADM Energy holds a 9.2% profit interest in the oil producing Aje Field, part of OML 113, which covers an area of 835km offshore Nigeria.
  • ADM continued to make progress on its strategy to build a multi-asset portfolio by targeting projects with highly attractive risk-reward profiles.
  • As a result, the net rate of production attributable to ADM increased to 167 bopd (H1 2020: 106 bopd).

Grizzly Looking Toward the Green Future at Robocop

Thursday, September 9, 2021 - 1:00pm

Commodities trader Trafigura Group adds that the deficit could grow to 10 million metric tons annually if no new mines are built.

Key Points: 
  • Commodities trader Trafigura Group adds that the deficit could grow to 10 million metric tons annually if no new mines are built.
  • Registrations of EVs increased by 41% during the year, while those of non-electric cars actually dropped by 16% due to the pandemic.
  • There can be little doubt that the future for vehicles is electric.
  • To view an enhanced version of this graphic, please visit:
    As an exploration company, Grizzly is well-positioned for a potential business combination with a large multinational.

Green Cement Inc. Appoints Materials Executive to Lead Expansion

Monday, August 16, 2021 - 12:30pm

THE WOODLANDS, Texas, Aug. 16, 2021 /PRNewswire/ -- Green Cement Inc fka VHSC, has appointed prominent mining and materials executive, Grant Quasha, to lead its global expansion drive.

Key Points: 
  • THE WOODLANDS, Texas, Aug. 16, 2021 /PRNewswire/ -- Green Cement Inc fka VHSC, has appointed prominent mining and materials executive, Grant Quasha, to lead its global expansion drive.
  • John Preston, Chairman of Green Cement said: "We are very excited about having Grant lead the company's ambitions growth plans.
  • Pozzolanic Cement was replaced by Portland Cement almost 200 years ago because Portland Cement sets faster in one day than Pozzolanic Cement.
  • Green Cement reengineered Pozzolanic Cement to make it react faster matching the one-day performance of Portland Cement.

Santacruz Completes Acquisition of Zimapan Mine and Debt Financing

Monday, April 26, 2021 - 12:45pm

b'Vancouver, British Columbia--(Newsfile Corp. - April 26, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to report that it has completed the previously announced acquisition of the Zimapan mine assets from Minera Cedros, S.A. de C.V. ("Minera Cedros"), a wholly owned subsidiary of Grupo Pe\xc3\xb1oles.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - April 26, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to report that it has completed the previously announced acquisition of the Zimapan mine assets from Minera Cedros, S.A. de C.V. ("Minera Cedros"), a wholly owned subsidiary of Grupo Pe\xc3\xb1oles.
  • The US$2.6 million balance of the Trafigura Loan Facility represents the refinancing of existing debt owing to Trafigura Mexico by Carrizal and an affiliate (Impulsora Minera Santacruz, S.A. de C.V.).
  • Beyond the mineralized zones currently being mined, management believes there is great untapped potential contained in the Zimapan mine\'s 5,000 hectares of mining claims.
  • Mr. Silva continued, "I want to thank everyone at Grupo Pe\xc3\xb1oles for demonstrating constant support and professionalism throughout this process.

Bboxx and Trafigura to accelerate progress on UN SDG 7 in Africa

Thursday, February 4, 2021 - 9:00am

Bboxx , a next generation utility, is partnering with Trafigura, one of the worlds leading independent commodity trading companies, to accelerate progress on meeting United Nations Sustainable Development Goal 7 (UN SDG 7) clean energy for all in Africa.

Key Points: 
  • Bboxx , a next generation utility, is partnering with Trafigura, one of the worlds leading independent commodity trading companies, to accelerate progress on meeting United Nations Sustainable Development Goal 7 (UN SDG 7) clean energy for all in Africa.
  • This landmark agreement brings together complementary expertise to fast-track progress on clean cooking access in Africa.
  • As a global leader in LPG, Trafigura will play a major role in the future supply growth of LPG across Africa.
  • Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD147 billion in 2020.

DGAP-News: ADM Energy PLC: ADM extends agreement with Trafigura

Friday, January 29, 2021 - 9:00am

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria.

Key Points: 
  • ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria.
  • ADM Energy holds a 9.2% profit interest in the Aje Field, part of OML 113, which covers an area of 835km offshore Nigeria.
  • Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world.
  • Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD147 billion in 2020.

Gevo Options Site for Expansion Project

Monday, December 21, 2020 - 2:00pm

Gevo intends to make a decision on whether to purchase the Lake Preston site in the future as part of the Citigroup led project financing.

Key Points: 
  • Gevo intends to make a decision on whether to purchase the Lake Preston site in the future as part of the Citigroup led project financing.
  • We like the scale of plant that could be built at the Lake Preston site, it has the potential to produce large amounts of our products.
  • It also has room to expand further, or add other businesses, said Patrick R. Gruber, Gevos Chief Executive Officer.
  • A copy of the contract between Gevo and Trafigura was filed with the U.S. Securities and Exchange Commission on Form 8-K on August 20, 2020.

Aura Announces New and Improved Offtake Agreement with Trafigura starting in 2022

Thursday, November 19, 2020 - 9:50am

In connection with the completion of the bidding process, Aranzazu has entered into an offtake agreement (the New Agreement) with Trafigura Mxico, S.A. de C.V. (Trafigura), pursuant to which Trafigura has agreed to purchase 100% of the copper and gold concentrate produced at Aranzazu during the term of the New Agreement.

Key Points: 
  • In connection with the completion of the bidding process, Aranzazu has entered into an offtake agreement (the New Agreement) with Trafigura Mxico, S.A. de C.V. (Trafigura), pursuant to which Trafigura has agreed to purchase 100% of the copper and gold concentrate produced at Aranzazu during the term of the New Agreement.
  • The New Agreement is effective as of the beginning of 2022 and continues until the end of 2024.
  • The current offtake agreement in place with IXM Metals (the Existing Agreement) will remain in force until the end of 2021.
  • Now, we were able to improve the conditions of our offtake agreement, taking advantage of a competitive process and favorable market conditions.

Court Rules in Landmark Decision: Federal Tax on Crude Oil Exports Unconstitutional

Thursday, September 24, 2020 - 6:12pm

domestic crude oil .

Key Points: 
  • domestic crude oil .
  • The taxes are one of the sources of funding of the Oil Spill Liability Trust Fund, enacted as part of the Oil Pollution Act of 1990.
  • For the tax periods in question, Trafigura paid over $4.2 million in taxes on its crude oil exports.
  • That was not the case in United States v. U.S. Shoe Corp., where, in 1998, the Court struck down a Harbor Maintenance Tax on commercial exports as unconstitutional under the Export Clause.