(Glencore, 19.Nov.2024) — Ceibo, a clean copper extraction technology company, and Glencore‘s Lomas Bayas Mining Company entered into a partnership to deploy Ceibo’s proprietary leaching technologies that enable a more effective extraction of copper from low-grade sulfides at one of Chile’s leading mines. Lomas Bayas has validated Ceibo’s technology and […]
Tag: Glencore
Marathon Oil Inks LNG Sales Deal for Alba Gas in E.G.
(Marathon, 16.Oct.2023) — Marathon Oil Corporation (NYSE: MRO) announced that through its wholly-owned subsidiaries it has entered into a five-year firm LNG sales agreement with Glencore Energy UK Ltd, a subsidiary of Glencore PLC (LSE: GLEN), for a portion of its equity natural gas produced from the Alba Field (Alba Unit, MRO […]
Colombia in Talks with Coal Producers for Exporting Extra Supplies
(Reuters, 8.Mar.2022) — Colombia’s government has begun talks with the nation’s coal producers to increase exports after requests for extra supplies by European, Central American and Caribbean countries, the minister of Mines and Energy Diego Mesa told Reuters on Tuesday, as global energy flows are disrupted by the crisis in […]
Over 30 Cos Vie For Guyana Oil Trading Contract
(Reuters, 21.Apr.2020) — More than 30 companies, including commodities traders like Gunvor and Vitol as well as units of oil majors like Exxon Mobil and Royal Dutch Shell, submitted expressions of interest for a contract to market the Guyanese government’s share of the country’s crude, the government said on Tuesday. […]
Justice Department Demands Details From Glencore On Intermediary Firms
(Reuters, Dmitry Zhdannikov, Julia Payne, 23.Oct.2018) — The U.S. Department of Justice is seeking documents from Glencore (GLEN.L) about intermediary companies that the commodities firm has worked with in the Democratic Republic of Congo, Venezuela and Nigeria, sources familiar with the matter said. The investigation is not directed at Glencore’s […]
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 […]
Mexico Tops BP Growth Plans
(Reuters, Jessica Resnick-Ault, 17.Jan.2018) – BP is expanding its retail presence with plans to open 3,000 branded retail stations globally in the next five years, half in Mexico, as that market becomes increasingly open to international business. The company already has over 100 retail outlets in Mexico, many operated by […]
Bolivia Seeks Investors To Power Up Lagging Lithium Output
(Reuters, Alexandra Alper, 27.Dec.2017) — Bolivia hopes surging global lithium demand can lure foreign investors to the country where nearly a decade of state-led development has left output far short of goals for the metal, coveted by makers of batteries for devices from laptops to electric cars. The poor South […]