Page 13 - Vitol News Today

After plowing nearly $7 billion into Permian Basin M&A last year, Civitas Resources is selling off non-core acreage from its legacy position in Colorado as part of a $300 million divestiture goal.

The top energy commodity traders are now looking to invest part of the cash they have earned, but face market conditions where good investment opportunities are hard to come by.

SINGAPORE - Swiss miner and commodities trader Glencore is looking at buying Shells oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier...

Vitol is the world's biggest independent oil trader.

Glencore stands to gain a physical foothold for its trading in Asia’s main oil hub

High operating costs and spectre of a carbon tax are deterrents to would-be buyers. Read more at straitstimes.com.

Glencore is considering acquiring Shell’s oil operations in Singapore after several previous candidates for the assets changed their minds.

Oil Market: Speaking at the Energy Institute conference, Hardy also said global oil demand is expected to peak in the early 2030s.

Worlds preeminent energy conference to focus on Multidimensional Energy Transition: Markets, climate, technology and geopolitics. Learn more at www.ceraweek.com HOUSTON, Feb. 28, 2024...

An industry and FAA partnership forged in 2022 is moving the needle on phasing out 100 Low Lead