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Julia Payne

UPDATE 2-Nyrstar shareholders to sue commodities trader Trafigura for $1.6 bln

12 Oct 2019

LONDON, Oct 12 Minority shareholders in zinc producer Nyrstar are seeking 1.48 billion euros ($1.63 billion) in damages from global commodities trader Trafigura over the restructuring of the Belgian firm, the shareholders' lawyer said on Saturday.

Nyrstar shareholders sue commodities trader Trafigura for $1.6 bln

12 Oct 2019

LONDON, Oct 12 Minority shareholders in major zinc producer Nyrstar are seeking 1.48 billion euros ($1.63 billion) in damages from global commodities trader Trafigura over the restructuring of the Belgian firm, the shareholders' lawyer said on Saturday.

Oil producers, refiners face surging global freight rates after U.S. sanctions

12 Oct 2019

HOUSTON/NEW YORK/LONDON Rates to charter oil tankers from the Arab Gulf, United Kingdom and the U.S. Gulf Coast to Asia surged to fresh highs on Friday as global oil traders grappled with a tanker shortage in the aftermath of U.S. sanctions on units of Chinese giant COSCO.

Oil producers, refiners grapple with surging global freight rates after U.S. sanctions

12 Oct 2019

HOUSTON/NEW YORK/LONDON, Oct 11 Rates to charter oil tankers from the Arab Gulf, United Kingdom and the U.S. Gulf Coast to Asia surged to fresh highs on Friday as global oil traders grappled with a tanker shortage in the aftermath of U.S. sanctions on units of Chinese giant COSCO.

CORRECTED-Gunvor to start producing IMO-compliant fuel oil mid-2020

11 Oct 2019

LONDON, Oct 11 Gunvor Group will overhaul its refinery in Rotterdam in March next year and reconfigure the plant to produce some low sulphur fuel oil that complies with new, global shipping rules, its chief executive officer said.

Gunvor to start producing IMO-compliant fuel oil mid-2020

11 Oct 2019

LONDON Gunvor Group [GGL.UL] will overhaul its refinery in Rotterdam in March next year and reconfigure the plant to produce some low sulfur fuel oil that complies with new, global shipping rules, its chief executive officer said.

Belgium's financial regulator opens probe into Trafigura's Nyrstar: FSMA

10 Oct 2019

LONDON Belgium's Financial Services and Markets Authority has opened a formal investigation into zinc group Nyrstar, now majority-owned by commodities trader Trafigura, an FSMA spokesman said, without providing additional details.

UPDATE 1-Belgium's financial regulator opens probe into Trafigura's Nyrstar - FSMA

10 Oct 2019

LONDON, Oct 10 Belgium's Financial Services and Markets Authority has opened a formal investigation into zinc group Nyrstar, now majority-owned by commodities trader Trafigura, an FSMA spokesman said, without providing additional details.

Exclusive: Energy trader Gunvor cancels refinery sale as profit jumps - CEO

09 Oct 2019

LONDON A rebound in profit this year has allowed Gunvor Group to cancel plans to sell its Ingolstadt refinery in Germany and stall the sale of a stake in a Russian products terminal, Chief Executive Torbjorn Tornqvist told Reuters.

Puma Energy sells Paraguay business to Trafigura's Impala JV

02 Oct 2019

LONDON Puma Energy, the retail and storage arm of commodities trader Trafigura, has agreed to sell its business in Paraguay to Impala Terminals for $200 million, the company said on Wednesday.

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