Two months after sanctions plunged Indian refiner Nayara Energy Ltd. into crisis, upending trade and forcing the abrupt exit of its European executives, the company’s operations and sales are recovering, thanks to government support and workarounds.The refiner — part-owned by Russia’s Rosneft PJSC and arguably the most high-profile Indian company to be hit by comprehensive sanctions — is now working with banks including State Bank of India to facilitate local currency payments, according to people familiar ...

Key TakeawaysOil prices declined for a fifth consecutive session as Iraq and Kurdish authorities agreed to restart a key pipeline, poised to add 230,000 barrels per day to global supply amidst oversupply concerns.South Korean crypto exchange Bithumb has partnered with World Liberty Financial (WLFI), a DeFi project linked to the Trump family, for significant expansion into the robust South Korean market, despite initial WLFI token volatility.Raspberry Pi (RPI) reported stronger-than-expected first-half profi ...

公司动态 - 埃克森美孚公司已开始在新加坡炼油厂综合体的新设施生产 [1] - 新设施使用渣油燃料生产基础油 [1]

By Florence Tan and Anmol Choubey (Reuters) -Exxon Mobil Corp has started production at new facilities at its Singapore oil refinery complex to produce base stocks from residue fuel, it said on Tuesday, boosting the plant's intake of high-sulphur crude. The technology combines processes to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates, Exxon said in a statement. The new facilities expand its Group-II base stocks production capacity by 2 ...

TOKYO (Reuters) -Japanese oil refiners should consider diversifying supply sources as 95% of its crude imports come from the Middle East, but importing Canadian oil could be challenging due to its heavy characteristics, the head of the industry association said on Thursday. Canada's main oil-producing province of Alberta is considering a financial investment in Japan's refining sector, according to two sources familiar with the matter, an attempt to reduce its overwhelming dependence on top trade partner, ...

交易动态 - 大宗商品交易商Vitol和嘉能可预计对雪佛龙在新加坡第二大炼油厂50%股权提交正式报价 [1] 资产信息 - 雪佛龙出售其在新加坡第二大炼油厂的50%股权 [1] 参与方信息 - 潜在竞购方包括全球大宗商品交易巨头Vitol和嘉能可 [1]

原油价格走势 - 油价在周二早盘交易中保持稳定 此前在上一交易日出现上涨 [1] 地缘政治因素 - 乌克兰无人机袭击俄罗斯能源设施后 市场参与者正在考虑潜在的供应中断风险 [1]

Senior executives from the mid-sized state-owned lender recently met with top finance ministry officials, the people said, asking not to be identified as the discussions are private. They were asked to take the lead in executing the payments for Nayara, which is part-owned by Russian oil major Operational details, including the choice of currency, are still being worked out, the people said.Nayara, Nayara had approached government officials last month for help brokering a relationship with a domestic lende ...

拍卖进程 - 美国法院组织的委内瑞拉国有炼油商Citgo Petroleum母公司股份拍卖完成的关键听证会于周一启动 竞标者和债权人就获胜方存在激烈争议[1] - 特拉华法院举行为期四天的听证会 听取相关方、证人和专家证词 随后由法官Leonard Stark选定最终获胜者[1] - 法官Stark周一驳回了延长听证会以考虑Blue Water最后一刻竞标的动议 同时拒绝了委内瑞拉因涉嫌利益冲突暂停程序的请求[3] 竞标方动态 - 法院监督官员最初选择多伦多上市公司Gold Reserve子公司作为拍卖领跑者 后在最后一刻竞价战中转而推荐对冲基金Elliott Investment Management关联公司Amber Energy提出的59亿美元报价[6] - Blue Water代表称已获准访问Citgo数据室 并期望法院允许其在听证会结束时提交支持证据[5] - 针对Amber竞标的取消资格动议仍未决 Crystallex、康菲石油公司和债券持有人Contrarian Funds关联公司支持Amber报价 而委内瑞拉、Gold Reserve和次级债权人表示反对[7] 公司背景与债权结构 - Citgo为美国第七大炼油商 其母公司被认定对委内瑞拉债务承担责任 涉及15家资产被征收公司和违约债券持有人追索资产[2] - 康菲石油公司作为最大债权人 索赔金额超过110亿美元 其律师表示此次听证会是公司自2007年资产被征收以来18年诉讼努力的重要里程碑[4] 交易风险评估 - 行业分析认为此次听证会将是对Amber竞标能否经受程序性、法律性和地缘政治风险全面考验的首次压力测试[8] - 若法院认为需要更多时间和证据 可能在10月进行另一轮论证[3]

公司高管变动 - Joseph Marino将于2025年10月1日晋升为首席财务官 接替即将退休的Karen B Davis [1] - Karen B Davis退休后重新加入董事会 她曾在2020年1月1日至2022年12月31日期间担任董事 [1] - Joseph Marino自2011年加入公司 2020年起担任财务主管 此前曾在安永会计师事务所为石油天然气行业客户提供服务 [2] 管理层评价 - 首席执行官Matt Lucey称赞Karen B Davis在人才发展方面的贡献 使财务团队为职务交接做好充分准备 [2] - 公司认为Joseph Marino的专业知识将有助于推进财务计划 为股东创造价值 [2] 公司业务概况 - PBF能源是北美最大独立炼油商之一 在加利福尼亚州、特拉华州、路易斯安那州、新泽西州和俄亥俄州运营炼油设施 [4] - 公司通过圣伯纳德可再生能源合资企业生产新一代可持续燃料 持有50%股权 [5] - 公司使命包括安全可靠运营、提供员工安全工作环境、为社区带来积极影响并为投资者创造优异回报 [4][5]