Oil Takes Center Stage in Global Geopolitics After Attacks on Aramco installations, Rogue Trader’s $320M Loss On Bad Oil Bets Leaves Mitsubishi Seeing Red, Vitol and ENH Announce the Launch of ENH Energy Trading and Google Touts ‘Biggest Ever’ Wind and Solar Deals.
Column: ‘We need to talk about Donald’ – The elephant in crude oil’s uncertain world; Saudi Arabia Names New Energy Minister; Big Oil vs Farm Majors: Ethanol Tussle Is Heading to Asia; Saudi Arabia Aims to Restore a Third of Lost Oil Output Monday and The Electric Cars Are Here. Now How About Selling Them.
Saudis Lean on Oil-Trading Contacts in Push to Become Big in LNG; Glencore’s risk appetite dwindles, fueling focus on safer regions; The 3 companies that are shaping the future of food and Sinochem unit discussing blockchain platform with Shell, Macquarie.
Billionaire industrialist David Koch, dies at 79; Copenhagen aims to become the world’s first carbon neutral capital by 2025; British Airways joins partnership with Velocys for sustainable jet fuel project; Asia digs up and burns three-quarters of the world’s coal; a political crisis arises in Paraguay due to a secret hydropower deal with Brazil and Shell enters Australia power market with $418m deal.
In the wake of the financial crisis, tighter regulation of banks hit trade financing banks hard, with an estimated $1.5 trillion shortfall opening up between the demand and supply of trade finance.
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