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NEWS
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14.05.24
Paris, France. 14 May 2024: Vitol, and its daughter company, Vivo Energy, announced today at the summit on clean cooking in Africa, their intention to invest $550+ million by 2030 in the infrastructure required to facilitate cleaner cooking solutions in Africa. This pan-African investment comprises both LPG infrastructure ̶ from marine…
Paris, France. 14 May 2024: Vitol, and its daughter company, Vivo Energy, announced today at the summit on clean cooking in Africa, their intention to invest $550+ million by 2030…
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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22.02.24
Vitol Bunkers has taken delivery of the “Marine Future”, its first specialised bunker barge in Singapore, strengthening its position in Asia’s expanding biofuel bunker market. The addition of this specialised IMO type 2 notation bunker tanker to the V-Bunkers fleet will uniquely make it possible to supply biofuel blends including B24,…
Vitol Bunkers has taken delivery of the “Marine Future”, its first specialised bunker barge in Singapore, strengthening its position in Asia’s expanding biofuel bunker market. The addition of this specialised…
NEWS
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01.02.24
Vitol Bunkers and its logistics arm, V-bunkers are collaborating with ZeroNorth to enhance the efficiency of the bunkering process in Singapore through digitalisation. Vitol Bunkers, based in Singapore, will be among the first suppliers to embrace use of an electronic bunker delivery note (eBDN), which will eventually replace the physical documents…
Vitol Bunkers and its logistics arm, V-bunkers are collaborating with ZeroNorth to enhance the efficiency of the bunkering process in Singapore through digitalisation. Vitol Bunkers, based in Singapore, will be…
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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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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09.11.23
NEW YORK, HOUSTON and LONG BEACH – November 8, 2023 – Apollo (NYSE: APO) and Vitol today announced that Apollo-managed funds (the “Apollo Funds”) and Vitol have agreed to provide a structured debt and equity financing to WattEV (“WattEV” or the “Company”), an industry leader in heavy-duty freight electrification providing end-to-end…
NEW YORK, HOUSTON and LONG BEACH – November 8, 2023 – Apollo (NYSE: APO) and Vitol today announced that Apollo-managed funds (the “Apollo Funds”) and Vitol have agreed to provide…
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.…