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NEWS
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26.04.24
Milan, 26 April 2024 – following the notification submitted to the Italian Prime Minister’s Office in relation to the envisaged purchase by Vitol B.V. (“Vitol”) of a stake representing approx. 35% of Saras S.p:A.’ share capital (the “Transaction”), which was announced to the market on February 11, 2024, the Italian Prime…
Milan, 26 April 2024 – following the notification submitted to the Italian Prime Minister’s Office in relation to the envisaged purchase by Vitol B.V. (“Vitol”) of a stake representing approx.…
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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11.02.24
Potential additional shares available under ACM’s funded collar Massimo Moratti S.a.p.A. di Massimo Moratti, Angel Capital Management S.p.A. (“ACM”), and Stella Holding S.p.A. (collectively the “Moratti family”) and Vitol B.V., a company based in The Netherlands (or a wholly-controlled entity designated by Vitol), (“Vitol”) have entered into a sale and purchase…
Potential additional shares available under ACM’s funded collar Massimo Moratti S.a.p.A. di Massimo Moratti, Angel Capital Management S.p.A. (“ACM”), and Stella Holding S.p.A. (collectively the “Moratti family”) and Vitol B.V.,…
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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22.01.24
Vortex Energy, a leading renewable energy company in Poland has commenced construction of a portfolio of projects, including 53 MW of onshore wind and 57 MW of PV solar with a total equity commitment of approximately $123m. This is in alignment with Vitol’s commitment to deploy $1bn of capital in renewable…
Vortex Energy, a leading renewable energy company in Poland has commenced construction of a portfolio of projects, including 53 MW of onshore wind and 57 MW of PV solar with…
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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30.12.23
Vitol markets and sells renewable energy certificates (“RECs”) in California from a solar and battery storage installation in Ocotillo Wells, California (the “Project”). The Project began operating in September 2023 and the RECs generated by the Project are expected to be registered with the Western Renewable Energy Generation Information System (“WREGIS”)…
Vitol markets and sells renewable energy certificates (“RECs”) in California from a solar and battery storage installation in Ocotillo Wells, California (the “Project”). The Project began operating in September 2023…
NEWS
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24.10.23
Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024. From early next year, Vitol through its wholly-owned subsidiaries V-Bunkers and Vitol Bunkers will be able to offer a range of biofuel blends, from B24, B30 and even up to…
Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024. From early next year, Vitol through its wholly-owned subsidiaries…
NEWS
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24.08.23
Vitol rolls out unique Block PPA offering to supply Digital Realty with renewable power for 10 years
Vitol, the world’s largest independent energy trader, is rolling out its unique renewable product offering known as the Block PPA (BPPA), by supplying power to Digital Realty, the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions. Through Digital Realty’s retail energy providers, Vitol will supply Digital…
Vitol, the world’s largest independent energy trader, is rolling out its unique renewable product offering known as the Block PPA (BPPA), by supplying power to Digital Realty, the largest global…