#Copper demand to boom as new technology drives power consumption, Trafigura says mining.com/web/copper-dem…

Copper demand to boom as new technology drives power consumption, Trafigura says reut.rs/49MkNhm

At last month’s CERAWeek conference in Houston, our Chief Economist @SaadRahim was interviewed by S&P Global Commodity Insights Senior Reporter and co-host of the S&P Energy Evolution podcast Taylor Kuykendall on the outlook for commodities demand across global markets.

Check out the podcast via the link

Fredriksen and Trafigura venture takes over Spanish bunker operation Vilma Oil

#shipping Trafigura

tradewindsnews.com/tankers/fredri…

This summer, Trafigura and Latsco will deploy Daphne Technology’s PureMetrics™ system on board an LNG carrier – the first commercial deployment of this ground-breaking technology to measure GHG emissions directly and in real time.

Trafigura’s Head of the Energy Transition Group

We’re pleased to announce that our new consortium “Rhone Energies”, formed with refinery operator Entara LLC, has entered into exclusive negotiations to acquire Esso’s Fos-sur-Mer refinery and the Toulouse and Villette de Vienne terminals.

Rhône Energies brings together the

“Our financing needs are strongly correlated to commodity prices and over the past six to 12 months the average level of commodity prices has been lower than in 2022. But have we stood still? Of course not.”

That’s Christophe Salmon, our Chief Financial Officer, speaking at the

“What we are now seeing is a proliferation of new and expanded regional compliance markets such as China, India, Brazil, and South Africa as countries look to get on a proper footing because of Europe’s Carbon Border Adjustment Tax”.

That was the view of Hannah Hauman, our

“The energy transition is metals intensive. That much is clear,” - one of the insights shared by our Executive Chairman & CEO Jeremy Weir during his keynote interview at the Financial Times (@ftlive) Commodities Global Summit in Lausanne.

Jeremy said copper was fundamental to

“Electrification of the vehicle fleet, artificial intelligence — all these things are massively power intensive”, that was the view of Richard Holtum, Global Head of Gas, Power and Renewables, speaking about the outlook for power markets at the Financial Times (@ftlive) Commodities Global

Rebecca Harding Trafigura Shell Energy Aspects SOCAR Vitol Center on Global Energy Policy @Columbia SEFE Securing Energy for Europe GmbH TotalEnergies McKinsey & Company Axpo bp Gunvor Group Rabobank Jeremy Weir, CEO of Trafigura, joins us for an exclusive interview at the Financial Times Commodities Global summit in Lausanne.

#FTCommodities

“From what we can see right now in physical markets, economic growth in general is holding up quite well. And it is becoming a bit more diverse, moving away from just the story of the US being much stronger than everyone anticipated. We're seeing some green shoots in European

'Renewables are set to account for 45% of global power output by 2030 and 69% by 2050. But what does this shift from an energy system dominated by hydrocarbons to one dominated by electrons mean for commodity markets and our industry?'

Richard Holtum, Head of Gas, Power, and

“We’re delighted to have been trusted with helping a Japanese utility company meet its LNG energy needs and securing a stable supply to the Japanese market, and are grateful for the financial support of Japan Bank for International Cooperation and Sumitomo Mitsui Banking

We have successfully refinanced our Japanese term “Samurai” loan credit facilities totalling JPY123.45 billion. The transaction, which marks the seventh in this market, was very well received by investors and closed substantially oversubscribed.

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“Regulators, customers and financiers are all requiring increasing transparency in supply chain emissions - there is a need for standardization in reporting but also a big data challenge to solve to enable carbon intensity to become a new specification for commodities at scale.”

“Our geographic footprint, access to capital and ability to work with customers right along the supply chain has been key for Trafigura. It’s all about building resilience and flexibility.”

The response from our Chief Economist Saad Rahim when asked what it takes to operate

#CERAWEEK : No limit to global #copper demand, Trafigura chief economist says

💬 More in comments

Day 3 of #CERAWeek by S&P Global: Talks about growing demand for energy commodities, #infrastructure , & #rawmaterials to facilitate #energytransition

🔹 #Hydrogen could play role in decarbonizing power despite challenges
🔹No limit to global #copper demand: Trafigura's Saad Rahim

“To meet the projected growth in electricity demand the length of power lines globally will need to increase from 81 million kilometres in 2020 to 109 million kilometres by 2030, an increase of 35%. That all requires more copper.”

Jeremy Weir, our CEO and Executive Chairman,