Mercuria Energy Group has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade ban on sales was lifted.
August 25, 2016Government, Business, Fuel
Oil Trader Vitol Sues US for $52 Million Tax Refund
A subsidiary of Vitol Group, the biggest independent oil trader, is demanding that the U.S. government return more than $52 million in fuel taxes the Rotterdam-based company says was improperly collected.
December 18, 2019Business
Port of Long Beach Chief Sees More Pain for Shipping Lines
Global container shipping lines face one or two more years of pain as the industry consolidates amid overcapacity and weaker demand, according to the Port of Long Beach’s CEO.
May 24, 2016