Core Insights - Glencore traded more oil in 2025 but reported a decline in earnings from its energy trading business for the third consecutive year, attributed to well-supplied markets, geopolitical uncertainty, and softer market sentiment [1][1][1] Group 1: Trading Performance - Glencore's trading volumes increased to 4.2 million barrels per day, an 11% rise from the previous year, marking the highest level since 2020, although still below the 5.6 million bpd traded in 2017 [1][1][1] - The company experienced a significant rebound in the second half of 2025, following a weak first half where EBIT from energy marketing was only $40 million [1][1][1] Group 2: Financial Results - Earnings before interest and taxes from energy and steelmaking coal trading fell by 32% year-on-year to $614 million in 2025, a stark decline from a record high of $5.2 billion in 2022 [1][1][1] - Glencore announced a return of $2 billion to shareholders despite the drop in earnings [1][1][1] Group 3: Regulatory Developments - The U.S. Department of Justice ended its monitorship of Glencore's trading activities in March 2025, a year earlier than planned, following the company's agreement to pay fines related to bribery and market manipulation [1][1][1] - The monitorship had imposed a financial burden on Glencore, costing the company $85 million in 2024 alone [1][1][1]

RT Mike Lee (@SenMikeLee)The CFO of the U.S. African Development Foundation just pled guilty to corruption and bribery charges.So why is Congress about to shovel more money into USADF? https://t.co/1A6ZJI4Gck ...

Ex-Nigerian oil minister did not take bribes from industry insiders, court told https://t.co/I57huD9XBZ ...

South Korea's ex-first lady jailed 20 months for bribery https://t.co/WnE528FQ3d ...

Ex-Nigeria oil minister stands trial in UK on bribery charges https://t.co/RTCYJ760pV ...

Diezani Alison-Madueke accepted cash bribes and “vast quantities” of luxury perks in exchange for handing over lucrative government contracts when she served as Nigerian oil minister, prosecutors said on the first day of trial https://t.co/pzcoXJq2bT ...

Norway has indicted two people and a wholly-owned subsidiary of PetroNor for allegedly paying bribes in the Republic of Congo https://t.co/MxTjVoWgyZ ...

- [Reporter] Did you ask your daughters to write that letter to the president? Did you ask their daughters? - [Natalie] It's been an eventful few weeks for Texas Democratic Congressman Henry Cuellar. He and his wife were set to go to trial for allegedly accepting hundreds of thousands of dollars in bribes, until President Trump pardoned him. - He was treated very badly because he said that people should not be allowed to pour into our country. And he was right. - But a few days after the pardon, he blasted ...

Legal & Compliance - Trafigura appealed a Swiss court decision finding it guilty of insufficient bribery prevention systems [1]

President Trump said he is pardoning Texas Democrat Rep. Henry Cuellar and his wife, who were charged last year with allegedly taking nearly $600,000 in foreign bribes https://t.co/DbdiGZ7i3Z ...