Search results for: Glencore Energy UK Limited

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  • 15 June 2015
    Business & Finance

    Nigeria’s Economic and Financial Crimes Commission (EFCC) has arraigned Dubai-headquartered Monjasa DMCC, Glencore Energy UK Limited, the vessel MT Anuket Emerald, and 14 foreign nationals alleged to be involved in illegal oil bunkering on a 4-count charge bordering on conspiracy and illegal dealing in petroleum products. The accused have been charged with conspiracy to commit an offence, as well as […]

  • 16 June 2015
    Business & Finance

    The charges of illegal bunkering brought by Nigeria against Dubai-based Monjasa DMCC are unfounded, as the arrested MT Anuket Emerald was in international waters at the time the Nigerian navy boarded and inspected the vessel, Monjasa Group CEO Anders Østergaard said in a statement. The navy boarded the vessel to check whether it was carrying Nigerian […]

  • 25 January 2017

    By Katya Golubkova, Dmitry Zhdannikov and Stephen Jewkes MOSCOW/LONDON/MILAN (Reuters) – More than a month after Russia announced one of its biggest privatisations since the 1990s, selling a 19.5 percent stake in its giant oil company Rosneft, it still isn’t possible to determine from public records the full identities of those who bought it. The […]

  • 25 January 2017

    By Katya Golubkova, Dmitry Zhdannikov and Stephen Jewkes MOSCOW/LONDON/MILAN (Reuters) – More than a month after Russia announced one of its biggest privatisations since the 1990s, selling a 19.5 percent stake in its giant oil company Rosneft, it still isn’t possible to determine from public records the full identities of those who bought it. The […]

  • 23 October 2013
    Business & Finance

    Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its preliminary results for the year ending 30 June 2013. Results · Record revenue, EBITDA, profit before tax and profit after tax · 29.7% increase in revenue to £25.57m (2012: £19.71m) · […]

  • 27 March 2013
    Business & Finance

    Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering announces its interim results for the six months to 31 December 2012. The Company reported a 21% increase in sales revenue to £11.3m (2011: £9.3m); a 12% increase in EBITDA to £3.4m […]

  • 28 March 2013
    Business & Finance, Operations & Maintenance

    Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering announces its interim results for the six months to 31 December 2012. Highlights Financial · 21% increase in sales revenue to £11.3m (2011: £9.3m) · 12% increase in EBITDA to £3.4m (2011: […]

  • 26 May 2015
    Business & Finance

    Erin Energy Corporation has agreed to heads of terms on a commercial agreement with an embedded prepayment element with Glencore Energy UK Ltd, a subsidiary of Glencore PLC. According to the press release, the offtake contract would allow Glencore to undertake the lifting of Oyo crude from the FPSO Armada Perdana for a minimum term […]

  • 20 September 2017
    Project & Tenders

    Chevron-led Angola LNG has signed its third LNG sales agreement during the month of September, tying up with Glencore.  

  • 17 March 2016
    Business & Finance

    Sea Horizon Line, a subsidiary of Hong Kong-based Agritrade Resources Limited, has signed a floating storage tanker service agreement with a petroleum trading company Glencore Singapore, for its recently-acquired VLCC vessel.  Signed for a two-year period, the contract is scheduled to commence on 20 March 2016, giving Glencore Singapore an option to renew the contract upon its expiration. Under […]

  • 22 January 2020
    Project & Tenders

    FAR Limited has signed a binding Memorandum of Understanding with Glencore for the full allocation of the company’s share of crude oil from the Sangomar field, located offshore Senegal. 

  • 1 May 2017

    MELBOURNE (Reuters) – Arrow Energy, owned by Royal Dutch Shell and PetroChina, has been granted a license to build a natural gas pipeline in Australia’s Queensland state that could contribute to easing the country’s gas supply crunch. Queensland issued the pipeline license last Friday, a spokesman for the state’s Department of Natural Resources and Mines […]

  • 12 December 2016

    Russian oil firm Rosneft has officially signed a deal to sell a 19.5% stake to Qatar Investment Authority, one of the world largest sovereign funds and Glencore, a commodities producer and trader. The sale, of which Offshore Energy Today  wrote last week, will see the consortium pay 10.2 billion euros for the stake. Under the […]

  • 25 June 2015
    Business & Finance

    Amazoil Nigeria Ltd’s owner is taking the commodities trader Glencore Plc to court for alleged failure to pay USD 5 million intended for freeing of Russian sailors detained under suspicion of guns smuggling. In the lawsuit brought before the London court Og Amazu, owner of Amazoil Nigeria and former fixer for Glencore, claims that Alex Beard, […]

  • 6 June 2013
    Technology

    Siemens Mechanical Drives has supplied pioneering tidal technology company Tidal Energy Limited (TEL) with gear units that will be part of the DeltaStream tidal stream generating device due to go on a 12-month trial in Ramsey Sound early in 2014. It will be Wales’ first commercial-scale turbine. The three Siemens gear units were recently successfully […]

  • 5 May 2015

    Australia’s Port of Townsville has opened an AUD 85 million (USD 66.97 million) Berth 8 facility, delivering two-and-a-half times more shiploading capacity, greater berth efficiency and important improvements in the Port of Townsville environmental performance. This AUD 85 million facility was jointly funded by the Port of Townsville, a commodity trading and mining company Glencore, […]

  • 6 June 2013
    Technology

    Siemens Mechanical Drives has supplied pioneering tidal technology company Tidal Energy Limited (TEL) with gear units that will be part of the DeltaStream tidal stream generating device due to go on a 12-month trial in Ramsey Sound early in 2014. It will be Wales’ first commercial-scale turbine. The three Siemens gear units were recently successfully […]

  • 17 February 2012
    Business & Finance

      Sovcomflot (SCF Group) agreed a further joint project with Glencore International AG to own, operate and manage four coated LR1 type product tankers (74,000 tonnes DWT). The vessels “SCF Plymouth”, “SCF Pacifica” and “SCF Pearl” built in 2011 at Hyundai Mipo Dockyard Co (South Korea) will immediately be managed by the joint venture. The […]

  • 6 May 2015
    Business & Finance

    The new $85 million Berth 8 facility at the Port of Townsville is now open for business. According to Treasurer Curtis Pitt, the new facility is an important piece of infrastructure that will bring widespread economic benefits to North Queensland. “It’s another sign that Queensland is open for business and of the State Government’s willingness to engage with industry […]

  • 8 December 2016

    Rosneft, Russia’s state-owned oil company, is selling a 19.5 percent stake in the company to a consortium comprising of Glencore and Qatar Investment Authority. According to Glencore, the consortium will pay some 10.2 billion euros for the deal. Russian government’s website, however, shows a price of 10.5 billion. Rosneft head Igor Sechin met with Russian […]

  • 14 October 2014

    LNG player Woodside said that it has finalised an agreement with Noble Energy and Glencore to farm in to the Tilapia Production Sharing Contract (PSC) off the coast of Cameroon. The 3875 km² block is located within the Douala Basin, offshore southwest Cameroon in water depths ranging from the shoreline to 1100 m. Under the agreement, […]

  • 17 February 2012

    Sovcomflot (SCF Group) agreed a further joint project with Glencore International AG to own, operate and manage four coated LR1 type product tankers (74,000 tonnes DWT). The vessels “SCF Plymouth”, “SCF Pacifica” and “SCF Pearl” built in 2011 at Hyundai Mipo Dockyard Co (South Korea) will immediately be managed by the joint venture. The fourth […]