June 2021 – Commodity Trading Major

TotalEnergies promotion of natural gas under fire in greenwashing trial June 6, 2025
Landmark case over claim of misleading commercial practices by oil and gas group
Japanese queue for hours as rice shortage deepens June 6, 2025
Rising prices and poor harvest create political pressure for Prime Minister Shigeru Ishiba ahead of July poll
US oil companies lobby Republicans to keep Biden’s hydrogen tax credits June 5, 2025
Fossil fuel industry warns repeal of incentives could enable China to dominate production of the clean fuel
EU hit by surge in steel imports as US tariffs divert shipments June 5, 2025
Industry calls for Brussels to take urgent action with deliveries of some products increasing by more than 1,000 per cent
Centrica strikes £20bn deal to import gas from Norway until 2035 June 5, 2025
Long-term agreement with Equinor will meet 9% of UK’s annual demand
Have low oil prices killed M&A? June 5, 2025
Dealmaking has cooled in the US upstream market amid tariffs and Opec+ supply boosts
Trafigura warns of further ‘turbulence’ in commodities markets June 5, 2025
Trading house reports interim profit of $1.5bn and pays out same amount in dividend to its 1,400 employee shareholders
Fossil fuel spending to fall for first time since pandemic June 5, 2025
Decline is led by oil sector, where lower prices are forcing companies to reassess their plans, says IEA
Glencore-backed Cobalt Holdings scraps planned London listing June 4, 2025
Metal investment company pulls IPO weeks after announcing plans for $230mn share offering
It’s always steel — tariffs provide Trump with a familiar trade weapon June 4, 2025
The industry has suffered from overproduction and protectionism for decades