News & resources
Statement from Vitol
In respect of the US Department of Justice (DOJ) Vitol has entered into a Deferred Prosecution Agreement (DPA) in relation to certain conduct in Brazil, Ecuador and Mexico. In respect of the Commodity Futures Trading Commission (CFTC), a settlement has been reached in relation to an Order Instituting Proceedings, and […]
Vitol response to California Attorney General’s allegations
Following the 2015 explosion at Exxon’s Torrance, California refinery—which reduced gasoline production in California—Vitol aided the California markets by importing gasoline into the state, supplying refiners and other companies at competitive market prices, and managing risk using routine commercial practices. Vitol’s actions were consistent with customary market practice and fully […]