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The Latest Breaking News from Trafigura

‘Loophole’ in sanctions allowing Russian oil to be imported to Australia through port part-owned by Macquarie Bank

Australia stopped buying fuel directly from Russia after its invasion of Ukraine but has imported more than 3m tonnes of its oil products since 2023

The Guardian - AU

Away from Brazil’s ‘forest’ Cop30 – the fate of the Congo Rainforest hangs in the balance

IN FOCUS: The Democratic Republic of Congo government has opened bids for oil and gas drilling across huge swathes of the country, raising fears that the world’s last great rainforest carbon sink could be destroyed, Nick Ferris reports

The Independent UK

America's Coming Resource Crunch

The United States is facing a collision of two crises: China's tightening control over the minerals that fuel modern industry and America's exploding electricity demand from artificial intelligence. One is geopolitical, the other domestic, yet together they threaten to test the nation's economic and energy resilience in profound ways.

International Business Times

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Superinjunctions: The draconian court-issued gagging orders used to keep information secret

For almost two years, an unprecedented order has kept a catastrophic government data breach secret

The Independent UK

The smallest country on the Southeast Asia 500 generated the most revenue

Total revenue from Singapore-based companies reached $637 billion, or about the third of the list's total revenue.

Fortune

Could you accidentally sign a contract by texting an emoji? Here’s what the law says

Could someone take you to court over an agreement you made – or at least appeared to make – by sending a “👍”?

The Conversation

Swiss Court Convicts Trafigura Of Corruption In Angola

A Swiss court convicted Trafigura and three people linked to the commodities trading firm of corruption in Angola, in what campaigners hailed Friday as a "historic" first in Switzerland.

International Business Times

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Swiss criminal court convicts commodities firm Trafigura in Angola bribery case

Switzerland’s top criminal court convicted a multinational company for the first time, ruling against commodities trader Trafigura in a case of bribery linked to lucrative oil industry contracts in Angola

The Independent UK

Commodities firm Trafigura goes on Swiss trial over alleged bribes paid to win Angola oil contract

For the first time in Switzerland, a multinational company faces a criminal trial on charges of bribing a foreign public official, with alleged payments totaling about $5 million, to win lucrative oil industry contracts in Angola

The Independent UK

Victims of toxic waste dump in Ivory Coast still seeking justice

It's an environmental tragedy with ongoing consequences in Ivory Coast. Back in 2006, the company Trafigura wanted to get rid of 500 cubic metres of toxic waste from the refining of petroleum products stored on its cargo ship Probo Koala. After three countries refused the ship, it finally unloaded its…

France 24

Introducing Fortune’s first-ever Southeast Asia 500: Firms that mine stuff, make stuff, and move stuff dominate

The inaugural Southeast Asia 500 looks a lot like the first version of the Fortune 500 from 1955: Oil, commodities, and industry dominate.

Fortune

Here's How to Buy the Dip in Copper Prices

Copper prices have been surging due to supply disruptions and strong demand from industries like AI and electric vehicles, with analysts predicting a long-term bull market. The United States Copper Index Fund offers a way for investors to capitalize on copper's growth story.

Barchart

Deal Signed To Export DR Congo Copper Via US-backed Corridor

Two firms, Singapore-based Trafigura and Canada's Ivanhoe Mines, signed a major deal on Wednesday to export copper along a US-backed rail route from the Democratic Republic of Congo.

International Business Times

Amazon’s iRobot takeover collapses amid EU opposition; Flutter could move primary listing to New York – as it happened

Rolling coverage of the latest economic and financial news, as iRobot announces hundreds of job losses after takeover by Amazon is scrapped

The Guardian - UK

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Evening Standard

UK 'as committed as ever' to protecting Red Sea shipping after Houthi attack on tanker, says Grant Shapps

British-linked oil tanker Marlin Luanda went up in flames after an attack by Houthi rebels

Evening Standard

Fire on British-linked ship put out after Houthi strike in Gulf of Aden

The UK and its allies ‘reserve the right to respond appropriately’ following the latest attack claimed by the Iran-backed group, the Government said.

Al Jazeera

US military destroys Houthi antiship missile after oil tanker attack

US says missile presented an ‘imminent threat’ to merchant ship and US Navy vessels in the region.

Evening Standard

UK and allies ‘reserve right to respond appropriately’ after Houthi oil tanker strike

The Marlin Luanda was sent up in flames after an attack off the coast of Yemen on Friday.

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Evening Standard

Oil tanker on fire near Yemen 'after Houthi missile strike'

The ship's owner said the safety of the crew is its 'foremost priority'

The Guardian - UK

Trafigura pays out record $3bn to its top traders after more than doubling profits

Oil and commodities trader has benefited from rise in prices since Russia’s invasion of Ukraine

The Guardian - UK

Oil prices fuel doubling of profits from global commodities trading, report finds

Companies such as Vitol and Trafigura in spotlight over profits after Ukraine invasion

The Guardian - UK

Trafigura hands out $1.7bn in dividends on profits fuelled by Ukraine war

Commodity trader posted record profits of $7bn after ‘exceptionally strong’ year

The Guardian - UK

UK’s first lithium refinery to be built in boost for electric car industry

Green Lithium, backed by Trafigura, will create 250 permanent jobs at plant in PD Ports’ Teesport

Reuters

African penguins endangered by shipping noise in Algoa Bay

The already endangered African penguin is being driven away from its natural habitat off the east coast of South Africa due to noise from ship refuelling, a scientific study has found.

The Guardian - UK

Concerns grow that India is ‘back door’ into Europe for Russian oil

Volume of Russian crude bought and then exported by India suggests some of it may end up in European petrol stations

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