News & resources
23.03.2023
Vitol’s VTX targets more acquisitions as it completes the purchase of Delaware Basin Resources
VTX has completed its previously announced acquisition of Delaware Basin Resources and associated surface and water businesses. The assets comprise of 35,000 net leasehold acres and 46,000 surface acres across Reeves and Pecos counties in the Delaware Basin, with current production of approximately 40,000 barrels of oil equivalent per day. […]
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. […]