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Vitol

Wind Farm
Vitol Acquires Wind Farms
Vitol has announced it has agreed to acquire three operating wind farms in Pennsylvania, US, totalling 244.4 MW from a fund managed by BlackRock, for an undiscl…
Oil Price
Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction
High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from R…
Wind Turbine
Vestas Partners up with Vitol Wind
Vestas has received a 240 MW order to repower the Big Sky Wind project in Illinois, US, owned by Vitol Wind, marking the first co-operation between the two comp…
Wind Power Project
US Contractor Wins 240MW Illinois Repowering Gig
A subsidiary of Infrastructure and Energy Alternatives secures balance of plant contract from Vitol for Big Sky job
LNG
ADNOC Says Signs LNG Supply Agreements with Vitol and Total
The Abu Dhabi National Oil Company on Wednesday said that ADNOC LNG signed up to a six-year LNG supply agreement with energy trader Vitol and a two-year supply …
LNG
The World’s Largest Oil Trader Just Sent LNG Prices Soaring
Three trades for liquefied natural gas cargoes executed by commodity trading major Vitol made the company the talk of the LNG town as it pushed the Asian region…
Crude Oil
World’s No.1 Oil Trader Sees Crude Inventories Shrinking This Year
Vitol Group, the world’s largest independent oil trader, expects global oil inventories to continue drawing down for the rest of the year, unlike its rivals an…
Crude Oil
World’s Largest Oil Trader Says Demand Could Plummet By 20 Million Bpd
A dramatic change in oil demand coupled with an unexpected increase in production has upended the industry, Vitol’s chief executive Russell Hardy told Bloomber…
Oil & Gas Trade
The World’s Biggest Oil Trader Negotiates Venezuela Oil Purchase
The largest independent oil trader in the world, Vitol Group, is discussing the purchase of Venezuelan crude oil from a Mexican firm that had received the crude…

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