Trafigura Group Pte. Ltd., in partnership with Frontier Group of Companies, has acquired the Mountain Creek power plant in Texas from a consortium of financial investors. The transaction’s details remain undisclosed, highlighting a significant strategic move for both companies in the North American energy market. Located near Dallas, the 808MW steam turbine gas-fired power plant […]
Kamoa Copper S.A., a subsidiary of Ivanhoe Mines, is pioneering a new trade route for African copper, connecting the heart of the continent to global shores. A freshly inked memorandum of understanding (MOU) with the Lobito Atlantic International SARL Consortium, a heavyweight trio including commodities magnate Trafigura Pte Ltd, infrastructure giant Mota-Engil, and rail titan […]
Trafigura, Singapore-based commodity trading company, said that it has divested its 10% stake in Russian energy company Vostok Oil to Nord Axis Limited, an independent registered trading company in Hong Kong. The financial terms of the deal were not disclosed by Trafigura, which took up the sal after a review of options. According to Trafigura, […]
Phillips 66 has created a joint venture called Bluewater Texas Terminal with Trafigura Group to develop an offshore deepwater port project. The deepwater port project, to be built by Phillips 66, will be located nearly 21 nautical miles east of the entrance to the Port of Corpus Christi. It will comprise a couple of single […]