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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 Shell's 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