Vitol today announced that Ian Taylor has become Chairman of the Vitol Group and Russell Hardy Group CEO.
Russell has 30 years’ experience in the oil industry. He joined Vitol in 1993 from BP and has held a number of trading and management roles in Singapore and London. He has been a member of the Executive Committee since 2007 and most recently was CEO EMEA with oversight of the company’s regional trading activity. Russell holds a Meng in Chemical Engineering from Imperial College, London.
Notes to editors:
Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally – it trades over seven million barrels per day of crude oil and products and, at any time, has 250 ships transporting its cargoes.
Vitol’s clients include national oil companies, multinationals, leading industrial and chemical companies and the world’s largest airlines. Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including: circa 18mm3 of storage across seven continents, 480kbpd of refining capacity and 5,000 service stations across Africa, Australia, Eurasia and in Northwest Europe. Revenues in 2016 were $152 billion. www.vitol.com