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The Latest Breaking News from Trafigura

Swiss Court Convicts Trafigura Of Corruption In Angola

A Swiss court convicted Trafigura and three people linked to the commodities trading firm of corruption in Angola, in what campaigners hailed Friday as a "historic" first in Switzerland.

International Business Times

Swiss criminal court convicts commodities firm Trafigura in Angola bribery case

Switzerland’s top criminal court convicted a multinational company for the first time, ruling against commodities trader Trafigura in a case of bribery linked to lucrative oil industry contracts in Angola

The Independent UK

Commodities firm Trafigura goes on Swiss trial over alleged bribes paid to win Angola oil contract

For the first time in Switzerland, a multinational company faces a criminal trial on charges of bribing a foreign public official, with alleged payments totaling about $5 million, to win lucrative oil industry contracts in Angola

The Independent UK

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Victims of toxic waste dump in Ivory Coast still seeking justice

It's an environmental tragedy with ongoing consequences in Ivory Coast. Back in 2006, the company Trafigura wanted to get rid of 500 cubic metres of toxic waste from the refining of petroleum products stored on its cargo ship Probo Koala. After three countries refused the ship, it finally unloaded its…

France 24

Introducing Fortune’s first-ever Southeast Asia 500: Firms that mine stuff, make stuff, and move stuff dominate

The inaugural Southeast Asia 500 looks a lot like the first version of the Fortune 500 from 1955: Oil, commodities, and industry dominate.

Fortune

Here's How to Buy the Dip in Copper Prices

Copper prices have been surging due to supply disruptions and strong demand from industries like AI and electric vehicles, with analysts predicting a long-term bull market. The United States Copper Index Fund offers a way for investors to capitalize on copper's growth story.

Barchart

Deal Signed To Export DR Congo Copper Via US-backed Corridor

Two firms, Singapore-based Trafigura and Canada's Ivanhoe Mines, signed a major deal on Wednesday to export copper along a US-backed rail route from the Democratic Republic of Congo.

International Business Times

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Amazon’s iRobot takeover collapses amid EU opposition; Flutter could move primary listing to New York – as it happened

Rolling coverage of the latest economic and financial news, as iRobot announces hundreds of job losses after takeover by Amazon is scrapped

The Guardian - UK

UK 'as committed as ever' to protecting Red Sea shipping after Houthi attack on tanker, says Grant Shapps

British-linked oil tanker Marlin Luanda went up in flames after an attack by Houthi rebels

Evening Standard

Fire on British-linked ship put out after Houthi strike in Gulf of Aden

The UK and its allies ‘reserve the right to respond appropriately’ following the latest attack claimed by the Iran-backed group, the Government said.

Evening Standard

US military destroys Houthi antiship missile after oil tanker attack

US says missile presented an ‘imminent threat’ to merchant ship and US Navy vessels in the region.

Al Jazeera

UK and allies ‘reserve right to respond appropriately’ after Houthi oil tanker strike

The Marlin Luanda was sent up in flames after an attack off the coast of Yemen on Friday.

Evening Standard

Oil tanker on fire near Yemen 'after Houthi missile strike'

The ship's owner said the safety of the crew is its 'foremost priority'

Evening Standard

Trafigura pays out record $3bn to its top traders after more than doubling profits

Oil and commodities trader has benefited from rise in prices since Russia’s invasion of Ukraine

The Guardian - UK

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The Guardian - UK

Oil prices fuel doubling of profits from global commodities trading, report finds

Companies such as Vitol and Trafigura in spotlight over profits after Ukraine invasion

The Guardian - UK

Trafigura hands out $1.7bn in dividends on profits fuelled by Ukraine war

Commodity trader posted record profits of $7bn after ‘exceptionally strong’ year

The Guardian - UK

UK’s first lithium refinery to be built in boost for electric car industry

Green Lithium, backed by Trafigura, will create 250 permanent jobs at plant in PD Ports’ Teesport

Reuters

African penguins endangered by shipping noise in Algoa Bay

The already endangered African penguin is being driven away from its natural habitat off the east coast of South Africa due to noise from ship refuelling, a scientific study has found.

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The Guardian - UK

Concerns grow that India is ‘back door’ into Europe for Russian oil

Volume of Russian crude bought and then exported by India suggests some of it may end up in European petrol stations

Benzinga

Palantir-Trafigura Track Carbon Emissions For Oil and Gas Sector

Palantir Technologies Inc (NYSE:PLTR) and global commodities trader Trafigura will be tracking carbon emissions for the oil and gas sector, Reuters reports. They built a platform for oil majors and other commodities firms to vet the environmental impact of their supply chains, applying Trafigura's data to Palantir's operating system, known as Foundry. Also Read: Palantir…

Reuters

Palantir, Trafigura aim to track carbon emissions for the oil, metals industry

Palantir Technologies Inc and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday: tracking carbon emissions for the oil, gas, refined metals and concentrates sector.

The Guardian - UK

‘Greed and fear’: How BP and Shell oil profit is boosted by own traders

Analysis: Turmoil resulting from pandemic and Ukraine war create ideal conditions for speculators

Evening Standard

£500m British lithium factory moves closer as Green Lithium strikes supply deal with Trafigura

Plans for a British lithium plant that will supply enough raw material for 1 million electric vehicles a year moved a step closer today after a landmark deal.

The Guardian - UK

Ex-minister who warned on sanctions works for oil trader linked to Russia

Alan Duncan’s employer Vitol has stake in vast Arctic exploration project backed by the Putin regime

The Independent UK

Energy giant ‘actively’ eyes plans to reopen Middlesbrough gas terminal

Trafigura had been waiting for the right market conditions before restarting operations at the decommissioned gas site.

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