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Monthly Archives: June 2021

Trafigura Posts Highest-ever First Half Profit

Global commodities trader Trafigura on Thursday posted its highest-ever first-half net profit and core earnings, largely driven by the economic recovery.The Geneva-based trader's net profit rose to $2.1 billion for the period ending March 31, from 500 ...
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COVID-19-hit Asia Ships More Gasoline to U.S.

Exports of gasoline and blend stocks from Asia to the United States rebounded in May from April, including two rare shipments from India, to meet rising summer demand in the west, industry sources and analysts told Reuters.Global gasoline demand…
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US Explores Wind Energy Potential in Gulf of Mexico

The Biden administration on Tuesday said it will explore the potential of offshore wind energy development in the Gulf of Mexico, part of its goal to supercharge growth in clean energy over the next decade."This is an important first step to see what r...
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ABB to Equip MBARI’s New Research Vessel

ABB said it will supply power integration technology to support operations on a new research vessel being built for the MBARI (Monterey Bay Aquarium Research Institute) at Freire Shipyard in Vigo, Spain.Earlier this year, MBARI, located in Moss Landing…
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