trading

  • ADNOC Launches AGT for Trading Refined Products

    ADNOC Launches AGT for Trading Refined Products

    Thursday, 10th December 2020

    The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading (AGT), a joint venture (JV) between ADNOC, Eni and OMV, with shares of 65%, 20% and 15% respectively, which focuses on trading refined products globally.

  • Kuwait’s Burgan Drilling’s Profit Drops by 84.6% YoY

    Kuwait’s Burgan Drilling’s Profit Drops by 84.6% YoY

    Monday, 18th November 2019

    Kuwait’s Burgan Company for Well Drilling, Trading, and Maintenance has reported an 84.6% year-on-year (YoY) profit decline during Q2 of fiscal year (FY) 2019/20.

  • Shell and Total Streamline, Regroup to Overcome Oil Prices

    Shell and Total Streamline, Regroup to Overcome Oil Prices

    Sunday, 3rd May 2015
    Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading houses expand into their territory.
  • BP Balancing Act Maintains Profits in Face of Oil Price Plunge

    BP Balancing Act Maintains Profits in Face of Oil Price Plunge

    Tuesday, 28th April 2015
    BP Plc, Europe’s second-biggest oil company, reported first-quarter profit that beat analysts’ estimates as earnings from refining and trading offset lower crude prices.