Repsol Firms Up Novatek LNG Contract: Press
Mar 9, 2021 5:42:pm
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by: William Powell
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Anandan Muthunayagam (31), a small trader who does business in groundnuts, is now a regular with bullock carts. He was earlier using a mini truck to transport goods to Chennai.Muth
Vitol Offers Green LNG to Customers
Mar 2, 2021 10:05:am
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by: Joe Murphy
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Vitol Offers Green LNG to Customers
Vitol announced on March 1 it would offer its customers so-called green LNG cargoes that have had their CO
2 emissions offset from wellhead to the terminal (delivered ex ship).
The Dutch commodities trader will offset the emissions by cancelling verified emissions reduction (VER) certificates, awarded to projects that decrease or avoid CO
2 emissions. VER certificates are issued by the UN Clean Development Mechanism, Verified Carbon Standard (VERRA), Gold Standard, American Carbon Registry, China Green House Gas Voluntary Emission Reduction Programme and Climate Action Reserve.
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LONDON (Reuters) - Prax Group has agreed to buy all the crude oil and refinery feedstocks for its newly acquired Lindsey refinery in Britain from commodities trader Trafigura, a joint statement said on Monday.
UK trading firm Prax, which has a fuel distribution arm under the name Harvest Energy, completed the acquisition of the 110,000 barrel-per-day refinery in Lincolnshire from Total on Monday. This arrangement is an important step in the group s plans for the long-term growth of the refinery and it will pave the way to further strengthen our long-term relationship with Trafigura, Prax Chief Executive Sanjeev Kumar said.