Small US Trader Moves Into Commodity Giants Vitol, Trafigura’s Venezuela Oil Turf
George E. Warren LLC, a US oil trading firm based in Florida, broke into Venezuela oil trading, a market that…
Tag: Vitol
Vitol Made About $2 Billion in First Quarter Despite War Losses
Vitol Group has told banks it made a first-quarter profit of roughly $2 billion, as the world’s top energy trader…
Energy Trader Vitol Reorganizes Derivatives Team After Losses
Vitol Group is reorganizing its derivatives team in London, just weeks after the energy trading giant incurred significant mark-to-market losses…
Vitol Part of Consortium for South Africa LNG-to-Power Project
Vitol Group is part of a consortium proposing a gas-to-power project in South Africa, as the country looks to replace…
Vitol CFO to retire from secretive trading giant
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Vitol and Trafigura: Traders at the Heart of Trump’s Venezuela Oil Grab
President Donald Trump has portrayed his takeover of Venezuela’s oil sales as a victory for America, but when his administration…
Vitol Extends Brunei LNG Supply Deal Through 2031
Brunei Energy Services & Trading and global energy trader Vitol have extended their long-term liquefied natural gas Sale and Purchase…
Vitol, Trafigura Are in Talks With US Refiners to Gauge Interest in Venezuelan Oil
Trafigura Group and Vitol Group, two of the world’s largest commodities trading houses, are in discussions with US refiners to…
Uganda National Oil Secures $2 Billion Loan From Vitol Bahrain
Uganda National Oil Co. said it secured a $2 billion loan from Vitol Bahrain E.C. to fund its strategic national…
Mercuria, Vitol Are Among Bidders for Raizen Argentina Refinery
Energy trading giants Mercuria Energy Group and Vitol Group are among finalists for a refinery and hundreds of gas stations…