Vitol leads a $225 million Series D investment in Voltus Inc., which offers grid flexibility services to help data centers connect to power grids efficiently amidst rising energy demand.
Major traders Vitol and Trafigura demand deeper discounts on Venezuelan crude as global freight rates surge to record highs following geopolitical tensions, squeezing margins despite stable export vol
Vitol secured exclusive diesel supply rights to Zambia via the Tazama pipeline, drawing IMF criticism over open access policies. This arrangement impacts Zambia's mining-dependent economy, where fuel
Two senior gasoline traders departed Vitol Group amid staff reorganization following mark-to-market losses, although the firm reported a $2 billion profit in the first quarter.
Vivo Energy, a Vitol subsidiary, plans a $130 million investment to expand fuel storage capacity in Durban by 125,000 cubic meters by 2027. This infrastructure upgrade aims to buffer against future gl
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