The Swiss-Dutch company Vitol, which sells oil and oil products, said it had reached an agreement with Malaysian state-owned oil and gas company Petronas on the terms of a long-term contract for the sale/purchase of liquefied natural gas. The agreement obliges the parties to draw up a long-term contract, according to which Vitol, starting from 2024, will receive about 800 million tons of LNG from Petronas annually. The term of this contract is 15 years. It is also reported that the Malaysian company, under the contract, plans to carry out its first deliveries with the Canadian project LNG Canada.
Japan joins the U.S. and Europe as a digital platform regulator of big technology firms14.10.2020
European stocks trade higher; TomTom sees gains after extended Uber contract09.10.2020
Asian shares see two-and-a-half-year peak on stimulus-driven optimism08.10.2020
Norway strike could cut oil and gas output by quarter