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Vitol 2021 volumes and review
Business highlights: Turnover of $279 billion in 2021 (2020 $140 bn) 7.6 million barrels a day of crude oil and products delivered in 2021 (2020 7.1mb/d) 30%+ increase across transitional volumes traded 1.2 GW renewable generation operational and planned, investments across the energy spectrum Statement from Russell Hardy, CEO, Vitol: […]
14.10.2021
Vitol-led consortium acquires share in Vostok
Vostok Oil production, which currently stands at 19 million tonnes per year, is due to increase to over 100 million tonnes per year over the next decade and comprises largely high-quality low sulphur crude. Reserves are estimated to be up to 6 billion tonnes. […]