12 articles
Vitol Group oil trader Yaoyao Liu departs after 14 years and billions in profits, following recent losses tied to the Iran conflict. He stepped back from daily trading in mid-year to focus on family.
The Vivit Africa LNG tanker, chartered by Vitol Group, experienced a suspected cyberattack causing systems failures while transporting fuel from the US to Europe. The vessel diverted from Italy to Spa
Sasol CEO Simon Baloyi urged higher jet-fuel inventory levels after a Natref refinery outage, citing Iran war risks. The Department of Mineral and Petroleum Resources proposed mandatory reserves, whil
Jefferies discovered fake invoices backing financing to iron ore trader Sapphire Minmetals, further damaging its Point Bonita fund and causing share declines. The verification with Vitol Group highlig
Nasan Energies plans to expand into offshore oil services after acquiring stations from Vitol Group. The retailer aims to capitalize on growing exploration activity by majors like TotalEnergies and Sh
Vitol Group is in late-stage talks to sell its VTX Energy Partners LLC shale oil venture to a consortium including Carnelian Energy Capital and EnCap Investments for approximately $2.3 billion, markin
Vitol Group warns gasoline may face supply pressure as Middle East conflicts force refiners to prioritize diesel and jet fuel. This shift could spark a summer supply battle for gasoline amid ongoing r
Namibia signed an emergency fuel deal with Vitol Group to mitigate oil price shocks, though officials question the lack of competitive bidding. The government defends the arrangement after exhausting
Namibia secured an emergency three-month fuel supply deal with Vitol Group to mitigate price shocks from the Iran war. The agreement meets full requirements at the Basic Fuel Price without public fund
Vitol Group surpassed Shell Plc among top US physical natural gas traders, driven by soaring demand for power generation and exports, according to FERC filings showing a 14% trading increase in 2025.
Vitol Group is offering Iraqi Basrah crude via ship-to-ship transfers off Fujairah, signaling successful exits from the Persian Gulf amid regional tensions. This marks rare spot market availability si
Vitol Group has resumed purchasing Mexican crude oil for the first time in a decade amid Middle East conflicts disrupting global supply chains. The tanker Eurovision loaded roughly 1 million barrels o
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