January 16, 2021
In line with the USD1.5 billion contract with Trafigura Trading LLC in August, Gevo Inc. announced that it has signed an option to purchase the site for the new biofuels production facility near Lake Preston, South Dakota, U.S.A. Gevo Inc. will supply the wholly-owned subsidiary of Trafigura Group Pte Ltd, one of the world’s leading […]
Nayara Energy, formerly known as Essar Oil, announced a strategic partnership with Shell Lubricants, which will allow it to offer Shell Lubricants’ products at Nayara and Essar fuel stations. Nayara Energy, the fastest growing pan-India private fuel retail network, operates an extensive network of more than 5,900 fuel stations across India. “The partnership of Nayara […]
Anderol® announces new corporate design Anderol® has announced a new corporate design, effective 2 November, 2020. “We will be visually expressing Anderol®’s affiliation to our parent company LANXESS by introducing a new product logo for Anderol® and using the LANXESS logo,” Anderol® said in a statement. Since 2017, Anderol® BV has been a fully owned […]
Gevo, Inc. (NASDAQ: GEVO) has signed a binding renewable hydrocarbons purchase and sale agreement, with Trafigura Trading LLC, a wholly-owned subsidiary of Trafigura Group Pte Ltd. The agreement, dated August 17, 2020, is a long-term, ‘take or pay’ contract and is the largest contract in Gevo’s history. The Trafigura Group Pte. Ltd. is one of […]
Chevron Australia Downstream Pty Ltd, a wholly-owned subsidiary of US-based Chevron Corporation, has agreed to acquire all the shares and equity interests of Puma Energy (Australia) Holdings Pty Ltd for the amount of AUD425 million (USD291 million) from Puma Energy Asia Pacific B.V. Puma Energy (Australia) and its subsidiaries’ assets include a network of company-owned and […]
The Trafigura Group Pte Ltd has completed the acquisition of the majority of the downstream assets of Pampa Energia S.A. Pampa Energía is a fully integrated energy company in Argentina, engaged in electricity generation, transmission and distribution, upstream and downstream. Trafigura announced the signing of the sale and purchase agreement in December 2017 for majority of Pampa Energia’s […]
A group led by Russia’s oil major Rosneft will acquire India’s Essar Oil in a USD12-13 billion deal, including USD4.5 billion in assumed debt. Essar Oil operates a 400,000 barrel-per-day oil refinery on India’s west coast and retails fuels at 2,470 service stations throughout India. The deal will also include the Vadinar port and a […]
Woolworths Limited has hired Morgan Stanley to sell its fuel retail business in Australia. Woolworths operates about 521 fuel retail outlets, which are supplied by Caltex Australia. Sales at Woolworths’ petrol division were valued at AUD 5.63 billion (USD 4.31 billion) in the 2014-15 financial year. The unit is expected to fetch as much as AUD […]
