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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.
Vitol CEO Russell Hardy Photographer: Chris Ratcliffe/Bloomberg “People are concluding it’s not going to be an easy environment for them over the next 12 months unless there is a supply shock ...
Oil prices have higher to go, and they will stay there for an extended period of time, says the chief executive of Vitol, Russell Hardy. “The 100 million-barrel number is probably going to be ...
SINGAPORE — Vitol is eyeing the metals market with global petroleum demand expected to peak in a decade, signaled Russell Hardy, CEO of Vitol, the world's largest independent energy trader ...
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 ...
Global energy trader Vitol has agreed to acquire Hong Kong-based Noble Resources Trading Ltd, the company said in a statement on Friday, in a deal intended to expand its coal trading business.
Vitol also did a lot better than its commodity trading peers, even though their 2022 results were also at record highs. The company attributed the strong performance to soaring prices in ...
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 ...
NEW YORK (Reuters) - Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. shale oil and gas producer at as much as $3 ...
A Trafigura executive said he expected volumes to pick up in 2025-26, while a trader at Vitol said he expected it to increase in 2026-27. "We're probably looking at 2025-2026 where you're going to ...
Vitol is a leader in the energy sector with a presence across commodities: from oil to power, renewables, and carbon. Vitol trades 7.4 million barrels per day of crude oil and products, and ...