trading | Egypt Oil & Gas

Chinese LNG Importers Expand Trading Activities to Manage Growing Supply Portfolios

The Chinese liquefied natural (LNG) gas importers are seeking to add trading desks in London and Singapore to better manage their growing and diversified supply portfolios in the increasingly volatile global marke ...

Maroil Acquires Most of Venezuela’s Petroleum Coke Trading

According to documents and four people with knowledge of the decision, Maroil Trading, owned by shipping magnate Wilmer Ruperti, has taken over sales of nearly all of Venezuela's petroleum coke exports, a move tha ...

Per Martin Labråten Sells 2,300 Equinor Shares

Shares in Equinor ASA (OSE: EQNR, NYSE: EQNR) have been sold by a primary insider:

Saudi Aramco to Market Guyana Crude for One Year

Guyana has granted Saudi Arabian Oil Company, known as Aramco, a one-year contract to market the government's share of the crude produced in the South American country, Vice President Bharrat Jagdeo told Reuters.

ADNOC Starts to Trade Murban Oil as Futures Contracts

The Abu Dhabi National Oil Company (ADNOC) along with the Intercontinental Exchange (ICE) have celebrated the start of trading UAE’s Murban oil as Futers contract on the new ICE Futures Abu Dhabi (IFAD) commoditie ...

ADNOC Launches AGT for Trading Refined Products

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% respe ...

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

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

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 th ...

BP Balancing Act Maintains Profits in Face of Oil Price Plunge

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.

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