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Trafigura

Trafigura faces $577 million loss after uncovering nickel fraud in India

The missing nickel is a blow for the company that has grown rapidly in the past decade to become one of the world's largest trading houses

Trafigura faces $577 million loss after uncovering nickel fraud in India
Updated On : 09 Feb 2023 | 7:00 PM IST

Trafigura to exit from Nayara Energy; sell stake to Italy's Genera Group

Oil trader Trafigura has agreed to sell its 24.5 per cent indirect stake in Nayara Energy to Italy's Genera Group, the company said Wednesday. The company, however, did not disclose the financial details of the transaction. The Italian group will acquire the stake via a special purpose vehicle, Hara Capital Sarl, incorporated in Luxembourg. Nayara Energy owns India's third largest refinery, a port, and a network of more than 6,500 petrol pumps across the country. The firm is majority owned by Russia's Rosneft.

Trafigura to exit from Nayara Energy; sell stake to Italy's Genera Group
Updated On : 11 Jan 2023 | 10:47 PM IST

Nayara Energy seeks Centre's approval on independent directors' pay

The company said the remuneration proposed to be paid to the independent directors is comparable with the remuneration being paid for similar assignments in the industry

Nayara Energy seeks Centre's approval on independent directors' pay
Updated On : 11 Sep 2022 | 8:15 PM IST

Ukraine crisis: After Trafigura, UCP looks to sell stake in Nayara Energy

Nayara's shareholders include Russian energy major Rosneft and a consortium led by Trafigura and UCP

Ukraine crisis: After Trafigura, UCP looks to sell stake in Nayara Energy
Updated On : 03 Jun 2022 | 3:06 PM IST

Ukraine war, economic uncertainty delays Nayara Energy stake sale plan

"With the war, the chances of a Western company buying a stake in Nayara looks difficult. They may have to look for Indian equity partners," said a banker.

Ukraine war, economic uncertainty delays Nayara Energy stake sale plan
Updated On : 23 May 2022 | 6:10 AM IST

Trafigura plans to exit Rosneft Indian refining JV, says report

NEW DELHI/SINGAPORE (Reuters) - Trafigura is preparing to sell its 24.5% indirect stake in an Indian oil refining joint venture with Russia's Rosneft to an Italian group, a letter seen by Reuters shows and people familiar with the commodity trading firm's plans said.

Trafigura plans to exit Rosneft Indian refining JV, says report
Updated On : 16 Nov 2021 | 11:23 PM IST

Nayara Energy signs $750-million contract with BP and Trafigura

The refinery has annual crude oil throughput of 20 million tonnes, importing it from various regions

Nayara Energy signs $750-million contract with BP and Trafigura
Updated On : 22 Aug 2019 | 9:17 PM IST

Trafigura expands LNG business with second Pakistan import terminal

The terminal at Port Qasim in Karachi will include a floating storage regasification unit

Trafigura expands LNG business with second Pakistan import terminal
Updated On : 12 Sep 2017 | 7:36 PM IST

Trafigura in talks to buy minority stake in Essar Oil

Trafigura could also get a stake in Essar's more than 2,000 retail fuel stations, a power plant, and the Vadinar port

Trafigura in talks to buy minority stake in Essar Oil
Updated On : 02 Jul 2016 | 12:51 AM IST