Trafigura

Houthi Rebels Hit British Tanker in Gulf of Aden

Yemen's Houthi rebels have claimed responsibility for a missile attack on the British oil tanker "Marlin Luanda" in the Gulf of Aden, resulting in a confirmed fire on board, according to maritime security firm Ambrey. Fortunately, no injuries were reported among the crew members. The Houthi military spokesman stated that the strike was direct and led to the ship's burning.

Lukoil agrees deal to sell Italian refinery

Russian oil giant Lukoil said on Jan. 9 that it had reached a deal to sell its refinery in Sicily to a Cyprus-based fund, pending approval from the Italian government.

The ISAB refinery, one of Europe's largest, was in danger of ceasing operations because of the EU embargo on the import of Russian crude oil by sea amid the Ukraine invasion, which came into force on Dec. 5, 2022.

Six suitors likely to bid for Larco assets

Six candidates have expressed their interest in a tender to buy Larco General Mining & Metallurgical Company assets, including the leasing of the mining complex in Larymna.

According to information, the six candidates were: GEK Terna, Tharisa Plc, Mytilineos Group, Solway Investment Group, Trafigura Group Pte, and Commodity and Mining Insight Ireland Limited.

Six parties interested in Larco assets

The Hellenic Republic Asset Development Fund SA (TAIPED) announced on Monday that six interested parties have submitted expressions of interest for the lease of a number of Larco General Mining & Metallurgical Company assets, namely its Larymna smelting plant, the Larymna and Loutsi mines and relevant mining rights, and other assets owned by the Greek state.

Israel meets three-quarters of oil demand from KRG via Turkey: Report

Israel has reportedly purchased as much as 77 percent of its oil supplies from the Kurdistan Regional Government (KRG) in northern Iraq, providing them with an essential source of funding in their campaign against the Islamic State of Iraq and the Levant (ISIL), a new report in the Financial Times revealed on Aug. 24.