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NEWS
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17.04.24
Vitol today announces the acquisition of renewable energy company, BioMethane Partners, to form Vitol BioMethane (VBM). VBM is a Texas-based landfill-gas-to-energy company, whose leadership has more than 100 years of combined experience in designing, building, and operating gas collection systems, natural gas treatment plants, and pipeline interconnects and injection across the…
Vitol today announces the acquisition of renewable energy company, BioMethane Partners, to form Vitol BioMethane (VBM). VBM is a Texas-based landfill-gas-to-energy company, whose leadership has more than 100 years of…
NEWS
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10.04.24
In a world first, Vitol has partnered with General Aviation Modifications Inc. to make unleaded 100 octane Aviation Gasoline (AvGas) commercially available. The first unleaded 100 octane Aviation Gasoline (G100UL AvGas) is approved by the FAA for use in all certificated piston engines. G100UL AvGas was developed by General Aviation Modifications…
In a world first, Vitol has partnered with General Aviation Modifications Inc. to make unleaded 100 octane Aviation Gasoline (AvGas) commercially available. The first unleaded 100 octane Aviation Gasoline (G100UL…
NEWS
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26.03.24
Turnover $400bn in 2023 (2022 $505bn) 546mTOE delivered (2022 527mTOE) 7.3mbpd of crude oil and products delivered (2022 7.4mbpd) $2.5bn committed to sustainable investments Statement from Russell Hardy, CEO: The geopolitical turmoil which characterised 2022 continued in 2023. In contrast, volatility across energy markets subsided and prices retreated from earlier peaks…
Turnover $400bn in 2023 (2022 $505bn) 546mTOE delivered (2022 527mTOE) 7.3mbpd of crude oil and products delivered (2022 7.4mbpd) $2.5bn committed to sustainable investments Statement from Russell Hardy, CEO: The…
NEWS
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21.03.24
Vitol has published its fourth ESG report. It gives an overview of our approach to ESG, specifically the energy transition, and details our environmental and social performance. Highlights include: Spent over $2bn capex out of $2.5+ bn capital committed to sustainable investments across solar (50%), wind (30%) and other sustainable solutions…
Vitol has published its fourth ESG report. It gives an overview of our approach to ESG, specifically the energy transition, and details our environmental and social performance. Highlights include: Spent…
NEWS
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23.02.24
HOUSTON, February 22, 2024 –Vitol Inc. (“Vitol”) today announced the execution of a natural gas sale and purchase agreement (“SPA”) with EOG Resources, Inc. (“EOG”) (NYSE: EOG). Under the SPA, EOG will supply 180,000 MMBtu/d of natural gas (equivalent of approximately 1.25 million tonnes of LNG equivalent per annum) to Vitol…
HOUSTON, February 22, 2024 –Vitol Inc. (“Vitol”) today announced the execution of a natural gas sale and purchase agreement (“SPA”) with EOG Resources, Inc. (“EOG”) (NYSE: EOG). Under the SPA,…
NEWS
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02.02.24
Altus Power (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced the signing and closing of approximately 84 MWs of commercial-scale solar arrays from Vitol, the largest independent energy trader globally, for total proceeds of approximately $118 million. The acquisition adds thousands of new long-term Community Solar, school…
Altus Power (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced the signing and closing of approximately 84 MWs of commercial-scale solar arrays from Vitol, the largest…
NEWS
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05.01.24
Singapore 5th January 2024 GAIL (India) Limited and Vitol Asia Pte Ltd today announced the signing of a Long Term LNG supply deal into India for the annual supply of approximately one million metric tons of LNG for a period of approximately 10 years, starting from 2026. Under this deal, Vitol will…
Singapore 5th January 2024 GAIL (India) Limited and Vitol Asia Pte Ltd today announced the signing of a Long Term LNG supply deal into India for the annual supply of…
NEWS
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19.12.23
Vitol has successfully completed its first biofuel deliveries in Fujairah, demonstrating its ongoing commitment to sustainable fuel solutions. Through its wholly-owned bunker arm, Vitol Bunkers, two vessels received B24 VLSFO on December 8th and 14th. The fuel was sourced from its Fujairah-based refinery FRL and blended with regionally-sourced biofuel at VTTI storage…
Vitol has successfully completed its first biofuel deliveries in Fujairah, demonstrating its ongoing commitment to sustainable fuel solutions. Through its wholly-owned bunker arm, Vitol Bunkers, two vessels received B24 VLSFO…
NEWS
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02.11.23
In respect of recent unfounded and inaccurate allegations in the South African press, Vitol reiterates that it conducts its business in compliance with all applicable laws and regulations, including those relating to bribery and corruption.
In respect of recent unfounded and inaccurate allegations in the South African press, Vitol reiterates that it conducts its business in compliance with all applicable laws and regulations, including those…
NEWS
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01.11.23
OKLAHOMA CITY, October 31, 2023 – Chesapeake Energy Corporation (NASDAQ: CHK) and Vitol Inc. (“Vitol”) today announced the entrance into a Heads of Agreement (“HOA”) with Chesapeake Energy Marketing L.L.C. (“Chesapeake”) a subsidiary of Chesapeake Energy Corporation. Under the HOA, Chesapeake will supply up to 1 million tonnes of LNG per…
OKLAHOMA CITY, October 31, 2023 – Chesapeake Energy Corporation (NASDAQ: CHK) and Vitol Inc. (“Vitol”) today announced the entrance into a Heads of Agreement (“HOA”) with Chesapeake Energy Marketing L.L.C.…