Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

Glencore International pled guilty in the Southern District of New York to violations of the Foreign Corrupt Practices Act (FCPA). pled guilty in the District of Connecticut to a commodity price manipulation conspiracy. billion to resolve the government’s investigations into bribery and commodity and price manipulation. The Commodity Price Manipulation Case. On these pricing days, Glencore Ltd.

GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

It is becoming increasingly clear that the next phase of flare gas eradication will require a major, coordinated effort from central and regional governments, oil and gas producers, technology providers, and the international community. If half of this flare gas (25 bcm per year) was captured and sold at prevailing domestic prices in Russia, the economic opportunity may exceed US$2 billion (65 billion rubles). Gas-flaring countries and trends. Click to enlarge.

2011 223
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

EV Radar: May 2022

Noodoe

Take this as a warning sign for possible delay in deliveries, price increases, and slower production. EV9 will be one of the few three-row mid-size SUVs in the market with an estimated price of around $50,000. Equatorial Guinea. Guinea. Guinea-Bissau.

EV Radar: June 2022

Noodoe

The first batch of batteries will be used for internal testing, and then automotive partners, BMW and Ford, will start testing on their vehicles. As their production rates are expected to increase and more EV selections for the customer, the price for EVs should drop. Equatorial Guinea.