News

A former Vitol commodities trader has pleaded guilty to additional charges following his conviction earlier this year over schemes to bribe officials at state oil companies in Ecuador and Mexico.
Aguilar is appearing in federal court three years after Vitol settled a related investigation for more than $135 million, officials announced Monday. Between 2017 and 2020, Aguilar paid bribes to ...
Vitol Group, the world’s top independent oil trader, intends to completely stop trading Russia-origin crude and products by the end of this year. Volumes of Russian oil handled by Vitol “will ...
Vitol’s Millionaire Traders Aren’t Motivated by Money, CEO Says Employee-owned trading house earned $28 billion in two years CEO Hardy makes rare comments on plans for succession ...
A former employee of Swiss energy trading firm Vitol who is facing foreign bribery charges in New York has been hit with a set of related charges in Texas. Javier Aguilar, who previously worked as ...
Feb 3 (Reuters) - Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term demand outlook on Monday, with rising consumption ...
Vitol, the largest independent energy trader in the world, has agreed to acquire stakes in key oil and gas assets owned by Italian oil supermajor Eni in Côte d’Ivoire and the Republic of Congo ...
Trading houses Vitol and Glencore will receive $380m in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Nigeria’s sole liquefied ...
LAUSANNE, Switzerland, April 9 (Reuters) - Vitol's foray into metals trading is not a strategic shift away from energy, but it will help the world's largest energy trader understand the global ...
Vitol, the world’s biggest oil trader, faces a potential scandal over claims it ripped off the people of impoverished Mozambique for critical fuel by at least $80 million (£62 million) last ...
(Bloomberg) -- 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 ...
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.