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Geneva, Switzerland Head office. Trafigura Pte Ltd is a Singaporean [2] multinational commodity trading company founded in that trades in base metals and energy, including oil. It is the world's second largest private oil trader after Vitol and the world's largest private metals trader.

Trafigura was set up by Claude Dauphin and Eric de Turckheim. It split off from a group of companies managed by Marc Rich in Trafigura has built or weir oil and gas careers dubai stakes in pipelines, mines, smelters, ports and storage terminals.

Trafigura Beheer BV was established as a private group of companies in by six founding partners: In the group established its fund management subsidiary, Galena Asset Management. The prepayment facility, which provided a loan for advance payment for more than 10 million tons of products over five years, was the largest such deal ever completed by Trafigura.

In July Trafigura launched Lykos, an online platform in Weir oil and gas careers dubai to sell metals to small and medium-sized manufacturers in the country. In June Trafigura announced a The Magdalena River, which runs between Barrancabermeja inland and Barranquilla on the Atlantic coast, will allow transportation of crude oil and petroleum products, dry bulk, containerised and general cargo to and from inland Colombia.

The following month Trafigura listed its first perpetual subordinated bond on the Singapore Exchange SGX at a fixed rate of 7. The tanker was chartered by Trafigura Beheer BV. According to her captain, Theofanis Chiladakis, the Essex was 'topped off' at least twice, with a total ofbarrels of crude, after UN monitors had signed off the cargo.

Elf Aquitaine employees had first talked about this scheme in February Trafigura maintains that the substance dumped consisted of "slops", or waste water from washing the Probo Koala's tanks.

An inquiry in the Netherlands, in lateconfirmed the substance to consist of more than tonnes of a mix of fuel, hydrogen sulfideand sodium hydroxideknown as caustic soda. After the start of the health crisis in Abidjan, the Probo Koala arrived at the port of Paldiski in Estonia where Trafigura permitted Dutch police onboard to conduct an investigation.

Trafigura denied any waste was transported from the Netherlands, saying that the substances contained only tiny amounts of hydrogen sulfide, and that the company did not know the substance was to be disposed of improperly.

In a civil lawsuit in London was launched by almost 30, Ivorians against Trafigura. In May Trafigura announced it would sue the BBC for libel after its Newsnight program alleged the company had knowingly sought to cover up its role in the incident. In September The Guardian obtained and published internal Trafigura emails showing that the traders responsible knew how dangerous the chemicals were. In the Norwegian Broadcasting Corporation published the 50 min documentary "Dirty Cargo" disclosing what had happened in the small community prior to the explosion.

The owner of the waste was Trafigura, on whose behalf Vest Tank was working. Requests by Norwegian police to interview Trafigura employees were not granted by the company. Inthe Swiss non-governmental organisation Public Eye published the results of its investigation showing how traders — especially Trafigura — prepare and sell "African quality" toxic fuel to Africa, containing high levels weir oil and gas careers dubai sulphur that causes particulate matter pollution, damaging people's health.

Trafigura operates 65 offices in 36 countries. Trafigura is the third-largest physical commodities trading group in the world behind Vitol and Glencore. The group traded 8. Trading volumes in oil and petroleum products totalled 4. In support of its arbitrage -based business modelTrafigura ensures a degree of control over supply, weir oil and gas careers dubai and logistics through industrial subsidiaries: Trafigura is involved in paper trading through its weir oil and gas careers dubai Galena Asset Management, which was set up in to invest in commodity funds.

From Wikipedia, the free encyclopedia. Trafigura Pte Ltd Type. Retrieved 25 January The King of Oil: The Secret Lives of Marc Rich. Accusations, sour deals and friends in high places". Retrieved 10 March Retrieved 7 August Retrieved 28 May Retrieved 1 Weir oil and gas careers dubai Retrieved 29 May Retrieved 20 November Retrieved 26 January Bond markets lure trading houses.

Retrieved 28 November United Weir oil and gas careers dubai Security Council. Permanent Mission of the Netherlands to take the same measure with regard to the company Trafigura Beheer B.

On 23 November, the Office of the Iraq Programme provided the Committee with proposals for additional operating procedures for crude oil monitoring. Retrieved 27 July David Leigh and Afua Weir oil and gas careers dubai. Ivorian toxic waste" bbc. Retrieved June 5, Retrieved 4 June Retrieved 17 November Retrieved 29 September Retrieved 7 June Retrieved 17 June The root causes of Sudan's civil wars.

International African Institute in association with James Currey. Retrieved 21 December Retrieved 1 February Switzerland portal Netherlands portal Companies portal Energy portal. Weir oil and gas careers dubai from " https: Companies established in Oil and gas companies of Switzerland Oil companies of the Netherlands Oil traders. Pages with citations lacking titles Pages with citations having bare URLs CS1 French-language sources fr Articles with French-language external links Pages using deprecated image syntax Interlanguage link template link number OpenCorporates groupings.

Views Read Edit View history. This page was last edited on 13 Decemberat By using this site, you agree to the Terms of Use and Privacy Policy. Geneva, Switzerland Head office Singapore Registered office. Jeremy WeirCEO. Look up peerage in Wiktionary, the free dictionary. Look up peer in Wiktionary, the free dictionary.

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