Trafigura, Eni Execute Landmark LNG Futures Contract
Commodity trader Trafigura and Eni Trading and Shipping traded the first liquefied natural gas (LNG) futures contract representing delivered prices to Dubai, Kuwait and India, Singapore Exchange (SGX) said on Wednesday.
Marex Spectron Reportedly for Sale
Marex Spectron Group Ltd is up for sale, four years after the global energy and metals broker was formed from two different entities, four sources close to the company said. The firm, which is majority…
Tullett Parings Jobs, Buying Oil Broker
Firm to buy oil broker PVM Oil Associates for up to $160 mln. Four-month revenue down 12 pct to 248 mln stg. Will cut jobs in drive to save another 20 mln stg a year. British interdealer broker Tullett…
Evolution Markets Expands into US Power Market
Evolution Markets, a commodities and energy broker, this week launched a U.S. power markets desk. The power desk will work out of newly established offices in New York and Houston, the company said in a statement.