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Vitol also agreed to participating in a second conspiracy to bribe officials in Ecuador and Mexico. Between 2015 and 2020, Vitol paid more than $2 million in bribes to officials in Ecuador and Mexico.
A former employee of Vitol, the world's largest oil trader, is going on trial in the U.S. for allegedly bribing officials in Ecuador to secure a $300 million contract.
Related Posts. Vitol’s Bribery Schemes in Brazil, Ecuador and Mexico (Part II of III) Vitol Pays $163.7 Million to Settle FCPA Case (Part I of III) ...
Aguilar is also facing charges in New York Eastern District Court for bribes he allegedly paid in Ecuador to get business for Vitol. A federal grand jury returned the indictment in Sept. 2020, and ...
Vitol is set to load at least 2.5 million barrels of Venezuelan oil this month, according to documents seen by Bloomberg. It has more than doubled buying in April compared with March, when it took ...
Energy trader Vitol made nearly $15 billion in profits in 2022 on the back of soaring prices, more than tripling its profits from the year before. Type your search and press Enter.
Vitol Group is said to be near a purchase of Hunt Oil Co.’s Permian Basin oil wells in what would mark the biggest independent crude trader’s first major acquisition of U.S. production assets ...
Coterra Energy Inc. has signed separate agreements to supply Centrica PLC and Vitol Inc. with 100 billion British thermal units per day of natural gas. The deal with energy and commodities trader ...
Commodity and energy trader Vitol Group made net profits of $15.1 billion in 2022, per Bloomberg. Its 3,300 employees were paid an average of $785,000 – nearly double the sum for the previous year.