Varo Energy, backed by private equity giant Carlyle Group and the world's biggest trading house Vitol, said on Monday it had agreed to buy Swedish refiner Preem, betting on growing demand for biofuels ...

Commodity traders thrive on volatility and high prices, and both have retreated from the extremes of 2022. The world’s ...

Ltd will start receiving LNG from Qatar Energy Trading next month under a 5-year deal, aiming to meet rising demand in India.

Ltd will start receiving LNG under a five-year 12 cargoes per year deal from Qatar Energy Trading from next month as it augments sourcing to meet rising demand of the world’s fastest growing economy.

But Europe will still have to pay up to keep attracting cargoes. Should prices fall closer to $12 per million British thermal units — about a $1 lower than where they are now — LNG would flow to Asia, ...

VARO Energy has reached an agreement to acquire Preem through the purchase of 100% of the share capital of the parent company, Corral Petroleum Holdings in an all-cash transaction. Subject to ...

To meet the growing demand of the fastest-growing economy in the world, state-owned GAIL (India) Ltd will begin receiving LNG ...