Puma Energy reported record quarterly EBITDA of $149 million and tripled net profit to $59 million, driven by strong margins and volume growth despite volatile macroeconomic conditions.
Commodities trader Trafigura plans to re-domicile its key employee shareholding entity from the Netherlands to Bermuda while maintaining tax residency in Singapore. Addressing EU regulatory pressures,
French fuel distributor Rubis SCA is exploring an acquisition of Trafigura Group's Puma Energy unit in a deal potentially valued at €2.5 billion to expand its global reach.
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