HSBC alleges Zenrock sought multiple loans for same oil cargo – court document

[ad_1] By Roslan Khasawneh, Anshuman Daga SINGAPORE (Reuters) – HSBC Holdings PLC HSBA.L has alleged that Singapore-based Zenrock Commodities Trading Pte Ltd engaged in a series of “highly dishonest transactions”…

Petrobras signs deal with Brazil regulator for sale of refining assets

[ad_1] FILE PHOTO: Brazil’s state-run Petrobras oil company headquarters in Rio de Janeiro, Brazil December 5, 2018. REUTERS/Sergio Moraes SAO PAULO (Reuters) – Brazil’s state-controlled oil company Petroleo Brasileiro SA…

Swiss court convicts man in Petrobras corruption case

[ad_1] GENEVA, Feb 26 (Reuters) – A court found a Swiss-Brazilian man guilty on Wednesday of complicity in bribery and money laundering, marking Switzerland’s first conviction related to a probe…

Enbridge, Enterprise to develop Gulf of Mexico crude export terminal

[ad_1] Dec 9 (Reuters) – Enbridge Inc and Enterprise Products Partners LP on Monday signed an agreement to jointly develop a deepwater offshore crude oil export terminal in the Gulf…

Italian prosecutor says Eni, Shell aware of bribes in Nigeria case

[ad_1] MILAN (Reuters) – Oil majors Eni ENI.MI and Royal Dutch Shell RDSa.L were aware that most of the money they spent to buy a Nigerian oilfield in 2011 would…

Energy Aspects buys Medley Global Advisors from FT Group

[ad_1] LONDON (Reuters) – Research consultancy Energy Aspects has bought economic analysis firm Medley Global Advisors, which specialises in central bank policy, from the Financial Times Group, it said on…

Special Report: How oil majors shift billions in profits to island tax havens

[ad_1] By Tom Bergin, Ron Bousso (Reuters) – Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at all. Yet…

Deals of the day-Mergers and acquisitions

[ad_1] (Updates Gilead) March 2 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** U.S. utility Evergy Inc said it would appoint…

Oil falls after Saudi Arabia, Russia delay meeting, Cushing stockpiles soar

[ad_1] NEW YORK (Reuters) – Oil prices slumped on Monday, pulling back from last week’s gains after Saudi Arabia and Russia delayed a meeting of oil producers aimed at resolving…

France to rein in export guarantees for oil and gas industry

[ad_1] PARIS (Reuters) – France will stop providing state export guarantees to projects involving dirty forms of oil such as shale from next year, followed by all types of oil…