Glencore | Egypt Oil & Gas

Qatar to Pay $4.23B for Stake in Russia’s Rosneft

The Qatar Investment Authority (QIA) sovereign wealth fund will pay roughly $4.23 billion for a half of 14.16% stake in Rosneft, the Russian oil giant announced on November 6.

Egypt to Award LNG Tender to 4 European Firms

The Egyptian Natural Gas Holding (EGAS) will purchase 12 cargoes of liquefied natural gas (LNG) from multiple European traders

Glencore Extends Major Libyan Oil Deal

Swiss-based commodities giant Glencore has extended a deal with Libya's National Oil Corporation (NOC) to be the exclusive trader of around 230,000b/d from the oil fields Sarir and Mesla.

Rosneft to Supply Crude to Qatari QHG Trading

Russian oil major Rosneft has concluded a deal with a company linked to Qatar and commodities trader Glencore to supply up to 55m tons of crude in total over a 5-year period.

Glencore to Ship Oil from Yemen

Yemen will export its first crude oil shipment since August later January, according to fixture list data showing Glencore has booked an oil tanker, to dock in Yemen.

EGAS Awarded 2017 LNG Import Deals

The Egyptian Natural Gas Holding Company (EGAS) awarded liquefied natural gas (LNG) import contracts to Glencore, Trafigura, BB Energy, Gunvor and Vitol.

Chevron to Sell African Assets

Total, Glencore and Gunvor are bidding for a 75% stake in Chevron's South African downstream assets, which include a 110,000b/d refinery in Cape Town.

Egypt Awarded Glencore, Trafigura and B.B. Energy LNG Bid

Egypt chooses Glencore, Trafigura and B.B. Energy to provide LNG Cargos.

West Africa to Ship 60 Oil Cargos to Asia in September

The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make th ...

Libyan Oil Output at Risk Amid East-West Conflict

Libyan oil output is expected to fall if a deadlock between east and west factions remains unsettled. An official from the Tripoli-based NOC said remaining storage capacity at Marsa al-Hariga port was limited and fil ...

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