Noble Group sells oil liquids unit - The New Paper

SINGAPORE: Struggling commodities trader Noble Group has agreed to sell its Americas-focused oil trading business to Vitol for about US$580 million (S$790 million) as part of a debt-cutting strategy and warned of a big loss for its third quarter ...

Noble Group Warns of Loss Topping $1 Billion - Hellenic Shipping News Worldwide

Noble Group Ltd. warned of a more than $1 billion third-quarter net loss as it agreed to sell most of its oil business to Vitol Group, prolonging the embattled commodity trader's survival while highlighting the challenges ahead. Details of the sale ...

Noble sells oil-liquids business, warns of up to $1.25 bn loss - Yahoo News UK

Embattled commodities trader Noble Group announced Monday the sale of its American oil-liquids business to Vitol Group and warned of a third-quarter loss of up to $1.25 billion. Singapore-listed Noble said in a statement the sale to Vitol, the world's ...

Vitol Agrees to Acquire Noble Americas - OilVoice

Vitol US Holding Co. has agreed to acquire Noble Americas Corporation subject to certain conditions precedent. A copy of the Noble Group Limited press release relating to the transaction can be found here. Andrews Kurth Kenyon LLP acted as legal ...

Noble Group to sell oil liquids unit to Vitol in $580m deal - Arab News

Embattled commodities trader Noble Group announced Monday the sale of its American oil-liquids business to Vitol Group. (Reuters). Related Articles. Vitol chief says weak pound helps costs · Top trader Vitol sees chance of steep oil price fall ...

EXCLUSIVE-Vitol Set to Acquire Noble Group's Oil Liquids Business - TankTerminals.com

October 23, 2017 [Reuters] - Vitol Group, the world's largest oil trader, is nearing a deal to buy Noble Group's NOBG.SI global oil liquids business, which analysts had valued at about $1 billion, three people familiar with the matter said on Friday ...

Noble shares fall after business sale, $1bn-plus Q3 loss forecast - Financial Times

Shares in Noble Group slipped on Monday after the company confirmed plans to sell its Americas-focused oil business to rival Vitol and it forecast a third quarter loss of more than $1bn. The troubled commodities trader's stock fell as much as 13 per ...