Mercuria

Mercuria Jumps on Zefiro’s Carbon Credit Trading Program Using Abandoned Wells

Mercuria Jumps on Zefiro’s Carbon Credit Trading Program Using Abandoned Wells

Zefiro Methane Corp., which plugs orphaned and abandoned oil and gas wells in North America to create carbon credits, has pre-sold some of the portfolio to trader Mercuria Energy America LLC.  Zefiro’s current projects include plugging abandoned or orphaned wells in the Appalachian Basin and Texas-Louisiana-Mississippi Salt Basins. “For too long, investors have not had…

July 12, 2023

Italy Backs Loan for Trading House as Europe Pushes to Secure More Natural Gas – The Offtake

Mercuria Energy Trading SA said Tuesday it has secured a nearly $550 million credit facility backed by Italy’s Export Credit Agency to help supply natural gas and LNG to the country.

June 27, 2023