Key TakeawaysGeneva has become the epicenter of global diplomacy as separate high-stakes negotiations involving the United States, Ukraine, and Iran commenced simultaneously on February 26, 2026.Oman’s Foreign Ministry reported "creative and positive ideas" are being exchanged in indirect U.S.-Iran nuclear talks, though a massive U.S. military buildup in the Middle East continues to keep energy markets on edge.Ukraine and the U.S. have initiated bilateral talks focused on a multi-billion dollar "Prosperity ...

Worldline disposal programme nearly complete, it says after hitting annual results targets | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of payments company Worldline is seen at the Viva Technology conference at Porte de Versailles exhibition centre in Paris, France, June 11, 2025. REUTERS/Gonzalo Fuentes/File Photo [Purchase Licensing Rights, opens new tab]Feb 25 (Reuters) - Digital payment service group Worldline's [(W ...

Energy-trading firm Mercuria is close to acquiring a refinery and hundreds of gas stations in Argentina being sold by Raizen https://t.co/9y4uYJHmdz ...

Kuwait Petroleum is expanding the remit of its Dubai-based energy trading arm six months after creating the unit https://t.co/5hn9AsAANZ ...

Core Insights - Danish energy trader InCommodites has appointed John Dimech, a former Shell executive, as CEO of InCommodities APAC [1] Company Developments - The appointment of John Dimech is part of InCommodites' strategy to strengthen its leadership in the Asia-Pacific region [1] - InCommodites is backed by Goldman Sachs, indicating strong financial support and confidence in its operations [1]

Core Viewpoint - Sumitomo Corp's energy trading unit is in the early stages of exploring the establishment of a liquefied natural gas trading desk in Singapore [1] Company Summary - The spokesperson for Sumitomo Corp confirmed the exploration of a new trading desk focused on liquefied natural gas [1]

Core Viewpoint - The U.S. District Court for the District of Delaware has ruled that PDVH shares should be sold to Elliott/Amber Energy, despite their bid being $2 billion lower than the $7.9 billion bid from Gold Reserve/Dalinar Energy [1] Group 1 - Gold Reserve Ltd. is involved in a legal dispute regarding the sale of PDVH shares [1] - The court's decision favors Elliott/Amber Energy over Gold Reserve/Dalinar Energy [1] - The difference in bids highlights a significant financial disparity, with Gold Reserve's bid being fully financed at $7.9 billion [1]

Mercuria Energy Trading will provide up to $100 million in prepayments to Eurasian Resources Group as part of a three-year supply agreement for copper from Democratic Republic of Congo https://t.co/JuboQdU1fW ...

Core Insights - Indian Oil Corporation (IOC) plans to form a joint venture with Vitol to enhance its global crude and fuel trading operations [1][2] - The partnership will be based in Singapore and is expected to last five to seven years, with an exit clause for both parties [2] - The joint venture aims to leverage Vitol's trading expertise to reduce crude procurement costs and increase margins for IOC [3] Company Strategy - IOC, along with its subsidiary Chennai Petroleum, controls approximately 31% of India's refining capacity, which is 5.17 million barrels per day (bpd) [3] - The company traditionally focuses on domestic trading but aims to establish a stronger presence in global trading through this partnership [3][5] - The joint venture will enable IOC to expand its exports of refined fuels and utilize Vitol's distribution channels and market intelligence [5] Market Context - The partnership will benefit Vitol by strengthening its position in India, the world's third-largest oil consumer and importer [4] - India's refining capacity is projected to increase from 5.17 million bpd to 6.2 million bpd by 2030, with long-term goals of reaching 9 million bpd [4] - This growth in refining capacity is expected to position India as one of the top three global refining hubs, especially as 20% of existing global refining capacity is anticipated to close by 2035 [4]

Core Viewpoint - A consortium of Swiss companies, including energy trader Mercuria and private equity firm Partners Group, has committed over $6 billion to U.S. energy investments to facilitate the reduction of U.S. tariffs on Switzerland [1] Group 1: Companies Involved - The group includes notable firms such as Mercuria, an energy trader, and Partners Group, a private equity firm [1] Group 2: Investment Details - The total pledged investment exceeds $6 billion, indicating a significant commitment to the U.S. energy sector [1]