News & resources
Vitol completes sale of Motive Fuels
Vitol has announced the sale of Motive Fuels Ltd has been concluded. The whole of Motive Fuels Ltd has been acquired by net zero investment firm HYCAP Group. […]
VavaCars raises $50 million in Series B to build presence in Turkey and Pakistan
Duquesne Family Office LLC (founded by Stanley F. Druckenmiller), founding investor, Vitol, plus one other new investor participated in the round. Since VavaCars’ launch in April 2019 in Turkey, where it operates in close partnership with the leading fuel retailer, Petrol Ofisi, the Company has traded more than 10,000 cars, […]