(Reuters, 28.Jun.2021) — Diversified miner Glencore will become the sole owner of the Cerrejon thermal coal mine in Colombia by buying out partners BHP and Anglo American, boosting its coal assets at a time when others are looking to exit the sector. Glencore said on Monday it expects to pay […]
Tag: Glencore LTD
Trafigura Wins Bid To Export Fuel Oil No. 6
(Energy Analytics Institute, 17.Apr.2021) — EP Petroecuador awarded Singapore’s Trafigura PTE. LTD. an export deal for 1,900,000 barrels of Fuel Oil No. 6. The volume offered will be exported in 10 shipments of 190,000 +/- 10% each, which will be delivered between May and July 2021, EP PetroEcuador announced 17 […]
Novum Energy Wins Bid To Import Cutter Stock
(Energy Analytics Institute, 2.Dec.2020) — Ecuador’s state entity EP PetroEcuador awarded Novum Energy Trading Corp. a deal to import 1,260,000 barrels of cutter stock. Novum won the deal with a differential of plus $6.86 per barrel. Approximately 35 qualified companies were invited to participate in the bid process, PetroEcuador announced […]
19 Companies Short Listed To Market Guyana’s Oil
(Stabroek News, 26.Jun.2020) — The Ministry of the Presidency this morning said that nineteen companies have been shortlisted for the marketing of Guyana’s oil from the Liza Destiny FPSO. A statement from the Ministry noted that the Department of Energy had issued an invitation for Expressions of Interest in February […]
Trafigura Awarded Premium Diesel Deal In Ecuador
(Energy Analytics Institute, Piero Stewart, 16.Dec.2019) — EP PetroEcuador awarded Trafigura Pte. Ltd. a contract to import of 3,360,000 barrels +/- 2% of Premium Diesel. The fuel will be imported in 14 shipments of 280,000 barrels +/- 2%, each, and the initial shipment will arrive between 22-24 December 2019, EP […]
EP PetroEcuador, Freepoint Ink Fuel Oil Deal
(Energy Analytics Institute, Piero Stewart, 29.Nov.2019) — EP Petroecuador awarded the export of 380,000 barrels of Fuel Oil No. 4 to Freepoint Commodities LLC. Freepoint won the contract by presenting a negative $1.88 per barrel differential, EP PetroEcuador announced Nov. 29 in an official statement, adding the international benchmark for […]
EP PetroEcuador, Glencore Ink Cutter Stock Deal
(Energy Analytics Institute, Piero Stewart, 28.Nov.2019) — Ecuador’s state oil and gas company EP Petroecuador awarded Glencore Ltd. a contract to import 1,050,000 barrels of Cutter Stock. Glencore won the contract by presenting a positive $1.77 per barrel differential, EP PetroEcuador announced Nov. 28 in an official statement. In accordance […]
Repsol Trading Wins Napo Oil Export Tender
(Energy Analytics Institute, Piero Stewart, 4.Sep.2019) — Ecuador’s state oil company EP PetroEcuador awarded the export of 1,080,000 +/- 5% barrels of 17-degree API Napo crude oil to Repsol Trading S.A., which is dedicated to the refining and commercialization of hydrocarbons, and which offered a per barrel differential of (-3.17) […]
Glencore To Import 1,890,000 Barrels Of Cutter Stock
(Energy Analytics Institute, Piero Stewart, 27.Jun.2019) — EP Petroecuador awarded Glencore Ltda. a deal to import 1,890,000 barrels ± 2% of cutter stock, a diluent used in the preparation of fuel oil. Glencore offered the cutter stock diluent with a $3.32 per barrel differential, EP PetroEcuador announced 27 June in […]
Glencore Lands PetroEcuador ‘Spot’ Deal
(Energy Analytics Institute, Ian Silverman, 14.Jul.2018) – Glencore Ltd won a recent EP PetroEcuador spot auction, which guarantees the Ecuadorian entity income of $279.3 million. The Swiss company offered the best bid price with a positive differential of $ 1.08 per barrel, reported the daily newspaper El Universo. EP Petroecuador […]
PetroEcuador to Export No. 6 Fuel Oil in July
(Energy Analytics Institute, 27.Jun.2016, Clifford Fingers III) – Trafigura PTE LTD won a bid by EP PetroEcuador whereby the former will export 950,000 barrels of No. 6 Fuel Oil, announced EP PetroEcuador in an official statement on its website. The winning bid had a $1.49 per barrel discount. The shipments […]