Copyright 2023 BB Energy. State-run Bangladesh Petroleum Corp., or BPC, has awarded the building contract to a consortium of Japan's Marubeni Corp., Vitol Asia Pte. El Nuevo Herald identified at least 25 companies registered in the British Virgin Islands, Panama and the Bahamas and linked to Cuba. Edif. So the seller had to be told that payment would be in euros from a bank in Spain, for example, and Cuba lost on the currency exchange.. The judiciarys opening of this file occured to the beat of a political debate that the judiciary does not seem to be far from, especially as opening such a file occurred according to a report presented by the leader in the the Aounist party, lawyer Wadih Akl, and investigations were conducted by Judge Ghada Aoun. At BB Energy, we are constantly evolving in order to meet new challenges, while developing our personnel to ensure a competitive edge. LONDON, July 28 (Reuters) - Oil trading firm BB Energy has hired Jacques Erni as its new chief financial officer (CFO) starting Aug. 2 based in Dubai, the company said. A former Conservative minister who has criticised climate change policies and joined calls to restart fracking has been paid 150,000 by an oil firm, openDemocracy can reveal. The Cuban Embassy in Washington did not answer a comment request for this story. Somebody did and bedlam ensued. Its stated aims are to challenge what it describes as the extremely damaging and harmful policies designed to mitigate climate change. Since the Tories takeover of parliament in 2010, nine of the partys former treasurerswho donated huge amountswere given a position as a Lord. The internal PDVSA document reviewed by Reuters showed the Venezuelan state oil firm asked Reliance to pay for oil sales under the long-term contract via Rosneft Trading SA, the Geneva-based trading unit of the Russian oil giant. They also considered that the profit margin of the company (3.5 USD) was fair, as the company is not charged with any liabilities. Sir John's earnings put him among the most well paid MPs. One Bloomberg report showed BB Energy had $10 billion in revenues in 2012. MPs duly voted for it. The publication was sponsored by Global Warming Policy Forum, a think tank founded by climate change denier Nigel Lawson. Oil accounts for more than 90 percent of exports from the OPEC nation and the lions share of government revenues. By. But so much of the criticism is phrased as a defence of parliamentary standards and the good name of British democracy. The BVI company was dissolved in 2015. Thats why the Tories manage to survive scandal after scandal. The difference: The name of the BVI firm has no Spanish accents, the Cuban companys name does. One of the directors of both Curtdale and Ardpoint starting in 2011 was Hernn Aguilar Parra, executive director of Grupo Empresarial de Tabaco de Cuba, known as TABACUBA, the governments tobacco monopoly. All the other commercial activities were not affected by any sanctions because these regulations do not exist as such, he wrote in an email, adding that Mexico, Canada and the European Union have laws prohibiting their citizens and companies from obeying U.S. sanctions on Cuba. The offer letter, seen by Reuters with its date redacted, said that Rosneft had agreed with PDVSA to pay BB Energy's $26 million debt to the Venezuelan state oil company and then to seek. The London branch of the Algerian Sonatrach published a statement through the Algerian News Agency, saying that whoever was presented by the media as an employee of Sonatrach is not, in fact, an employee in the company, but an independent marine agent who monitors shipments in Lebanon for the benefit of the companys branch in London. The Algerian company tried to imply that the issue is limited to the technical specifications of the fuel. The CEEC was made up of local residents who are . Fresh scrutiny has been applied after it was revealed former Attorney General Sir Geoffrey Cox was being paid hundreds of thousands of pounds advising the British Virgin Islands' government in a corruption investigation. Yahya Mawloud, the operations manager of Middle East Power, the company operating the reciprocating engines installed in Zouk and Jiyyeh where the tainted fuel was destined for, had sounded the alarm about the poor quality of fuel in March 2020. Dominic Cummings, Boris Johnsons former senior adviser, says that the attempt to discredit the system that found then MP Owen Paterson guilty was really about the PM and his own lies. Labour supports essentially the same system as now. Corruption and sleaze hard-wired into Johnson and Tories, The Sun rises on Starmers appeal to media and bosses, Covid report finds deadly failings but lets Tories off the hook, 43,000 people given the wrong Covid test results, Rich get the government to do what it is paid for, New secret club of millionaire Conservative donors revealed, Scottish teachers strikes successand English regional strikes hit hard, Strikes hit Sri Lanka against new austerity drive, Teachers across the north of England walk out over pay, Secret cop unit should have disbanded, inquiry finds. The Panama Papers also show that Labiofam S.A., the marketing branch of Grupo Empresarial Labiofam, a Cuban government company that produces vaccines, medicines and other products for the control of carriers of diseases, owns shares in BioAsia Ltd. That company was founded with an investment of 10 million euros from Vietnam, southern Asia and the United Kingdom and lists Mossack Fonseca as its registered agent. Could Oil and Gas Inspire Change in Lebanon. A former Tory Party chairman told The Sunday Times, Once you pay your 3 million, you get your peerage.. BB Energy is one of the world's leading independent energy trading companies. The current legal proceeding is limited to the Baltic, the ship carrying the poor-quality fuel, which was delivered in March 2020 by ZR Energy DMCC. By signing up, you agree to our Terms and conditions and privacy policy. But he was forced to U-turn to try and end the wave of sleaze allegations. With its economy reeling from years of recession and a sharp decline in oil production, Venezuela was already struggling to finance imports and government spending before Washington imposed tough restrictions on PDVSA in January. (Credit: Philippe Hage Boutros/OLJ). The case dates back to March 2020, when EDL reported to the judiciary that it had received a shipment of poor-quality fuel, even though the results of tests conducted at the port of exit and upon the fuels arrival at the Beirut port showed the opposite. The report by the All-Party Parliamentary Group for Fair Fuel for UK Motorists and UK Hauliers decries the environmental evangelism and virtue signalling of the governments plan to phase out new petrol and diesel engines by 2030. Baha Bassatne remained the sole Sonatrach broker until Abdelmoumen Ould Kaddour was appointed general manager of the company and imposed another intermediary. The deal between the Lebanese and Algerian governments was to provide the Lebanese market mainly with heavy fuel oil to meet the needs of power plants, a fuel that Algeria does not produce in sufficient quantities, as the Algerian oil Saharan Blend is known for being a light crude type. Proceed to our online shop below to find out more about the features in each package. Hayes recently opposed a plan to bring forward a ban on selling new petrol and diesel cars. The family controls BB Energy, a conglomerate founded in Lebanon in 1937 that buys and sells 16 million metric tons of crude and derivatives each year. The relationship between the BB Energy Group and Petroecuador appears to have lasted until recent days. BB Energy Trading Ltd. BB House 12-14 Ansdell Street London W8 5BN United Kingdom T: +44 20 7938 0500 F: +44 20 7938 0501 www.bbenergy.com Page 1 of 2 ANTI-SLAVERY STATEMENT . The money is in our account and as yet we have not paid anyone, said the spokesman. Add your voice to our engaged subscriber community and be part of the change. Yacoubian said that high-level responsibility for the secret contract with Sonatrach and years of faulty fuel imports should be explored. Surprisingly, the contract, long presented as a state-to-state agreement, was in fact signed with Sonatrachs offshore subsidiary, which is registered in the British Virgin Islands. Its Havana address is Centro De Negocios Miramar, 5ta Ave. E/ 76 Y 78, Ofic. Those sanctioned include the oil trading firms Swissoil Trading and Malta-based Elemento Ltd., as well as Swissoil owner Philipp Paul Vartan Apikian, Spanish-Venezuelan citizen Francisco Javier D'Agostino Casado, and core facilitator and Italian citizen Alessandro Bazzoni. This is ostensibly because it was hard for the judiciary to find evidence linking ZR Energy DDMC and ZR Group Holding SAL, despite the testimonies collected by Mansour. The Mossack Fonseca documents nevertheless refer to Pescatlan as a Cuban company and do not identify the true owners of the company. October 19, 2018, 15:03 IST DUBAI: Trading company BB Energy has raised a $245 million revolving credit facility to refinance existing credit and for general corporate purposes, it said on Thursday. . The company opened an office in Cuba, he explained, because he has been a resident of Havana like his wife and three children, all of them born in Cuba and Cuban citizens. Their statement mentioned that it was all about a dispute with their client in Lebanon, the Ministry of Energy and Water, around a defect in a shipment that was directed to a company under its supervision, which is EDL, a Lebanese power company. The statement added that the London branch is trying to sort out the problem with the client through continuous discussion, and that it will soon be solved, as the relationship between Sonatrach and the Lebanese Ministry of Energy and Water is excellent. Its official address is the same as that of BB Energy Trading: 140 Brompton Rd., London, SW3 1HY, United Kingdom. The case has revealed the need to make all state contracts in the energy sector publicly available, including a 20-year contract signed in 2018 with Russian company Rosneft to rehabilitate and manage the Tripoli Oil Installations. The Sunday Times newspaper has revealed a phone call on 9 April last year between Paterson and the Tory peer Lord Bethell, who was the minister responsible for handing out contracts. 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