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Tag Archives: Trafigura

Cramer – America’s energy abundance fuels freedom in the Middle East

The night lights of the United States as seen from outer space. (Image: NASA)

WASHINGTON, D.C. – Congressman Kevin Cramer made the following comments after media reports disclosed Swiss commodities house Trafigura will begin shipping American crude oil to Israel in the near future. This action comes after the United States released its ban on exporting crude oil as part of the Consolidated Appropriations Act passed in December.  Cramer has long been an advocate in Congress ...

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Trading house Trafigura wins huge chunk of Rosneft oil supply

MOSCOW/LONDON – Trafigura is emerging as the new king of Russian oil trading, expanding its deal with sanctions-hit Rosneft to export $500 million worth of crude in April from the Baltic, the Mediterranean and Pacific ports, market sources said. The move comes as European Union and U.S. sanctions imposed on Russia last year over its role in Ukraine have severely ...

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Trafigura sells majority stake in South Texas for $860 million

Chris Ramirez | Corpus Christi Caller-Times (Corpus Christi, Texas) CORPUS CHRISTI — International trading company Trafigura AG on Tuesday sold 80 percent of its interest in Corpus Christi to Buckeye Partners, a Houston company that specializes in the transportation, storage and marketing of liquid petroleum products. The transaction, announced in a statement issued by both companies, was for $860 million. Under ...

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Trafigura seeks investors for Texas oil terminal shipping shale

(Reuters) – Global trader Trafigura AG is seeking potential investors to buy a stake in its oil terminal and storage facility in Corpus Christi, Texas, a once-quiet port that has become a bustling hub for shipping Eagle Ford shale crude. Trafigura, which like other big commodity merchants has in recent years moved to buy key infrastructure assets to support its ...

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