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Trafigura, Mercuria predict return to coal as energy crisis bites

Plunging Russian oil and gas exports to the west are set to drive up demand for coal, commodity traders say, as European governments and importers prioritise energy independence from Moscow over climate transition goals. In recent weeks, the US, UK and EU have sought to halt President Vladimir Putin’s invasion of Ukraine by imposing sanctions . ....

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Phoenix Global provides funding update

The Argentina-focused E&P firm is still working on long-term financial support from Mercuria, but has extended its bridge loan. ....

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