Glencore Settles Bribery Charges in US, UK and Brazil

Copyright © 2022 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Commodities trader Glencore said on Tuesday it expects to pay up to $1.5 billion to settle charges of bribery and market manipulation brought against it by authorities in the US, UK and Brazil.

Policy and Regulation, Oil Trade
Market players seek clarity following the French president's comments on how much spare production capacity is available in Gulf states.
Tue, Jun 28, 2022
We see Eni's postponement of its Plenitude IPO as a sign that Western energy firms are once again struggling to tap equity markets.
Tue, Jun 28, 2022
A US official said that Venezuela's political negotiations must move forward before more oil sanctions relief is granted.
Tue, Jun 28, 2022