Vitol is set to load at least 2.5 million barrels of Venezuelan oil this month, according to documents seen by Bloomberg. Image by NatanaelGinting via iStock Vitol Group has stepped up oil ...

(Bloomberg) — Commodity giant Vitol Group generated earnings of over $8 billion in 2024, according to people familiar with the matter, cementing its position as by far the most profitable energy ...

Global commodities trader Vitol is considering selling its VTX Energy Partners shale-producing business in a sale that could be valued upward of $3 billion, according to Reuters. Vitol is working ...

The world’s largest independent oil trader, Vitol, will buy stakes in some upstream assets in West Africa from Eni for $1.65 billion, subject to closing cash adjustments, the Italian energy ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Crude oil demand will remain at current levels over the next 15 years at least, commodity ...

A 23-year-old university graduate has been crowned Miss Hong Kong 2024. Ellyn Ngai Lok-lam beat 14 others to claim the top prize in the city’s flagship beauty contest on Sunday evening.

Vitol Group is poaching iron ore traders from rivals Glencore Plc and Trafigura Group, as the world’s biggest oil trader ramps up its efforts to expand into metals. Vitol has been in talks to ...

An entrepreneur, Pharm Kenneth, has taken wearable technology to the next level with the introduction of the Kenix Series 9 Max. This smartwatch, packed with innovative features, is poised to ...

The buildout comes as Vitol — the world’s biggest independent commodities trader — expands beyond oil, gas and power after banking net profits of more than $28-billion in the past two years.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Vitol, the world’s largest independent commodity trader, earned profits far in excess of its rivals for ...

Commodity trading house Vitol Group is considering opening an office in Tokyo to trade Japanese electricity, making them the latest foreign firm seeking to join the fast-growing power market.

Traders could circumvent Vitol’s accounting systems by requesting manual payments to be authorised by senior employees, Valentine Douglas, Vitol’s treasury and financial operations manager ...