Namibia faces a jet fuel crisis forcing flight diversions after Vitol's contaminated cargo arrived. Replacement supplies are expected by the weekend, highlighting regional energy tightness linked to M
Vitol's renewables arm acquired a South Carolina data center campus to develop energy supply and storage infrastructure, marking a major commodity trader's entry into AI infrastructure.
Vitol distributed $5.9 billion to staff in 2025 despite profits halving to $4.2 billion. As the world's largest commodity trader, the firm navigated energy volatility and geopolitical tensions while m
Vitol plans to open an office in Venezuela as global traders expand their role in the country's oil exports under a new US-Venezuela pact. The move follows expanded supply deals exceeding 100 million
The U.S. Energy Department awarded energy trader Vitol a contract to borrow 500,000 barrels of crude oil from the Strategic Petroleum Reserve. This initiative aims to stabilize fuel markets and contro
World's largest energy trader Vitol reported a net profit of around $4.5 billion in 2025, down from peak years but still historic. Revenue rose 3.6% to $343 billion as oil and energy product trading v
Vitol warns Western governments underestimate the oil supply crunch from the Strait of Hormuz blockade. Prices near $100/barrel have caused an estimated 4 million barrels per day in global demand dest
Vitol's Bahrain chief warns the oil market underprices Iran war risks, noting 14 million barrels offline. He predicts prices could rise sharply if supply shortages persist once inventory drawdowns sto
Vitol seeks permits to operate its idle Rio Bravo fuel terminal in Mexico following a bribery scandal. The move aims to secure a foothold in the Mexican downstream market amid global energy supply cha
Vitol's subsidiary WPU plans to construct an 80,000 mt/y advanced recycling facility at the Port of Rotterdam using proprietary batch pyrolysis technology. The plant will process post-consumer waste p
Vitol extended its long-term LNG supply agreement with Brunei's BEST, securing up to four shipments annually through 2031. The deal aims to ensure stable Asian supply chains and solidify Brunei's expo
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