As dawn began to break in the Peruvian Amazon on March 5, an oil slick spread across the Puinahua River in the district of the same name, engulfing clumps of palms and reeds in a thick, black layer as it streamed down the current. The sight of the spill prompted a desperate rush among the […]
By Archie Hunter (Bloomberg) — Higher interest rates are forcing commodity traders to rethink some deals and push up prices, in the latest example of how a period of rapid central-bank.
With a differential of $ -0.68 per barrel, the Public Company Petroecuador awarded the importation of 1,400,000 barrels of Diesel Oil to the company Trafigura PTE. LTD, by submitting the best offer and accepting the terms and conditions of the contest.
Trafigura company won an award to import 1.4 million barrels of diesel oil
Trafigura company won an award to import 1.4 million barrels of diesel oil
Diesel Oil is a fuel that supplies the country’s electrical and industrial sector.
For the import of 1,400,000 barrels of Diesel Oil, Petroecuador invited 40 companies qualified in the Client Registry of the International Trade Management, of which five offers were presented from the companies: Offer, Trafigura PTE. LTD., BB Energy (Asia) PTE. LTD., Glencore LTD. 0.12, Novum Energy Trading Corp. and Phillips 66 Company.
IN BRIEF: PetroTal Finishes First Bretana Oil Export Sale With Novum
Wed, 30th Dec 2020 14:24
PetroTal Corp - Peru-focused oil and gas development and production firm - Completes its first export sale of Bretana oil into the Atlantic region through Brazil. Says the initial shipment of 106,000 barrels of oil, for which it was paid USD2.7 million, was arranged with Texas, US-based physical oil supply company Novum Energy Trading Corp to establish the viability of Bretana oil exports using the Amazon river through Brazil. Notes a convoy of barges were loaded at the Bretana field and have now reached the terminal area near Manaus, Brazil for transfer into a tanker to deliver the oil to the Atlantic region.