13 articles
Hunter Group ASA disputes $100 million in unpaid charter fees with Mercuria Energy Group over the TD3C oil tanker rate index following Iran war disruptions. The London court ruling impacts billions in
Mercuria Energy Group alleges the Baltic Exchange pressured brokers to submit oil tanker rates during the Iran war. The trial disputes the validity of benchmark TD3C freight rates amidst severe disrup
Sinokor Group’s WhatsApp messages heavily influence global oil tanker rates amid Iran war disruptions, prompting Mercuria Energy Group to sue the Baltic Exchange over the TD3C benchmark's reliability.
Mercuria Energy Group secured a $250 million advance payment deal for three years of copper supply from Shanghai Jayson in the DRC. The deal underscores rising trader demand for secure copper access a
Heeney Capital secured operational rights for a Venezuelan gold mine alongside Mercuria Energy, while Continental Resources signed an MOU to develop oil assets in the Orinoco Belt. These deals signal
Continental Resources acquired a 50% stake in Mercuria Energy Group's Argentine shale venture, Phoenix Global Resources. The deal involves over $4 billion investment to triple production to 100,000 ba
Mercuria Energy Group reported an 88% surge in first-half profits to $1.09 billion, driven by supply shocks from the Hormuz crisis affecting oil, gas, and metals markets. It also expanded via major pr
Mercuria Energy Group sued the Baltic Exchange over oil tanker rates, alleging government-brokered deals enabled crude transit through the Strait of Hormuz during the Iran conflict. The trader claims
Mercuria Energy Group has agreed to acquire Raizen SA's Dock Sud refinery and 700 gas stations in Argentina for $1.42 billion. The deal creates a third integrated oil producer in the country pending r
Brazilian sugar and ethanol producer Raizen agreed to sell its Argentina downstream operations to Mercuria Energy Group for $1.42 billion to optimize assets and manage debt amid sugarcane crop challen
Mercuria Energy Group sues the Baltic Exchange over distorted oil freight benchmarks linked to Strait of Hormuz disruptions, claiming hundreds of millions in losses. The case underscores volatility in
Mercuria Energy Group and Heeney Capital finalized $2.2 billion annual agreements to acquire Venezuelan gold and base metals. This move supports the Trump administration's strategy to boost investment
Mercuria Energy Group sued the Baltic Exchange over alleged distortion of the TD3C oil shipping benchmark, claiming hundreds of millions in losses. The dispute arises from difficulties assessing rates
ChemBrief