vitol group news

Business News. Select from premium Vitol Group of the highest quality. Vitol Group backed last week’s decision by OPEC+ to ease oil-output cuts gradually, saying energy demand would remain fragile until the roll-out of coronavirus vaccines. Vitol, the world’s biggest independent oil trader, has emerged as one of the biggest winners from volatile energy markets after making profits of about $1bn in the first half of the year. Global energy trader Vitol Group has set up a new U.S. venture to produce oil and gas called Vencer Energy, the company said on Monday, its first foray into the upstream business in the United States. Vitol Group said inventories have been falling sharply and will continue to decline this year. Trafigura Group, the second-biggest trader, says the market will go back into a surplus. NSE Gainer-Large Cap . In 2011 nam het bedrijf samen met een investeerder voor 700 miljoen euro bovendien 1.300 pompstations van Shell in Afrika over. Though physical trading, logistics and distribution are at the core of the business, these are complemented by refining, shipping, terminals, exploration and production, power generation, and retail businesses. Vitol werd in 1966 opgericht door de Rotterdamse kolenhandelaar Henk Viëtor. (Bloomberg) -- Vitol Group, the world’s biggest independent oil trader, is betting on a new technology to produce hydrocarbon liquids from recycled car and truck tires. Environmental concerns push Seoul to ramp up its switch from coal. Vitol Group's U.S. subsidiary agreed to pay $164 million to resolve probes by the U.S. government that the energy trader paid bribes in Brazil and other countries to … Vitol Group: Get Vitol Group News, Latest Updates, Photos and Videos across India and World. Vitol-Group News: Vitol Marine Fuels Acquires Sinanju Tanker Holdings, Vitol And KOMIPO Sign LNG Pact, Petronas, Vitol Asia Pact For LNG Supply Deal, Big Oil The terminal, built at a cost of around $130m, will deliver an independent supply of petroleum products to the state, create new jobs, and provide an important boost to … But, as Mr Hardy completes his first full financial year in charge of the London-headquartered group, ... Get alerts on Vitol Holding BV when a new story is published Get alerts Vitol Group, the world’s biggest independent oil trader, is betting on a new technology to produce hydrocarbon liquids from recycled car and truck tires. (Bloomberg) -- Vitol Inc. was suspended from doing business with Mexico’s state oil … A sign is pictured in front of the Vitol Group trading commodities company building in Geneva Oct 4, 2011. A sign is pictured in front of the Vitol Group trading commodities company building in Geneva October 4, 2011. New scandal threatens Ian Taylor's Vitol. News. ... Energy trader Vitol in LNG link up with South Korean power group. Vitol Group and new global partnerships – De Brauw advises. Also get all latest news updates from auto sector at auto.hindustantimes.com. Humbled Tory donor's links to the man who broke the Bank of England. Following the revelations of commodity trading giant Vitol’s widespread bribery schemes in Latin America, an NGO has called for more stringent and “tailored” regulations to be imposed on Swiss commodity traders. Vitol Marine Fuels Pte Ltd, a subsidiary of the Vitol Group, has acquired 100% of Singapore-based bunkering firm Sinanju Tankers Holdings Pte Ltd (Sinanju), it said on Wednesday (1 April). Vitol Group News and Updates from The Economictimes.com. (Photo: REUTERS/Denis Balibouse) 04 … Vitol Group, which traded more than 8 million barrels of oil and petroleum products a day in 2019, is getting into the used-car business. De Vitol Group is een wereldwijd opererend Nederlands handelsbedrijf in grondstoffen.Het is tevens actief in de exploratie en productie van olie en gas alsook het genereren van elektriciteit.Het hoofdkantoor is in het Zwitserse Genève gevestigd.. Activiteiten. The trading arm of Pemex reportedly is imposing a ban on doing business with Vitol. Find the perfect Vitol Group stock photos and editorial news pictures from Getty Images. March 1, 2011-Matters. Vitol Inc. plotted to pay bribes in Brazil, ... the long-time head of Vitol Group’s operations in the ... Eastern District of New York (Brooklyn). Vitol is a Dutch energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Vitol is a leader in the energy sector with a presence across the spectrum; from oil to power, renewables and carbon. Vitol Inc. (Vitol), the U.S. affiliate of the Vitol group of companies, which together form one of the largest energy trading firms in the world, has agreed to a combined total criminal penalty of $135 million to resolve bribery charges with law enforcement authorities in the United States and Brazil. Vitol heeft ook eigen raffinaderijen in Zwitserland. New Vitol Terminal in Florida. News, analysis and comment ... Vitol Holding BV Add to myFT. The Vitol Group announced the opening of the Seaport Canaveral Terminal on the east coast of Florida. The latest breaking news, ... Vitol. Energy trader Vitol has agreed to buy four combined cycle gas turbines (CCGTs) in Britain from Drax Smart Generation, the firm said on Tuesday, pushing its total CCGT capacity to 3.3 gigawatts. vitol group In Saudi-Russia price war, the big winners are oil traders A new price structure, called a contango, allows the traders to make easy money by buying crude cheap, storing it, and selling it forward. DLF 235.40 20.85. Dat levert een gegarandeerd afzetkanaal op voor een deel van de grondstoffen die het bedrijf verhandelt. De Brauw recently advised Vitol, one of the world’s largest independent energy trading companies, on … vitol group Oil Trading Giant Admits Paying Latin America Bribes (Bloomberg) -- For years, the world’s largest oil trading firm has maintained that it has “zero tolerance” for corruption. Benchmarks . THE BUSINESS TIMES Vitol Group - Find Vitol Group News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. Nifty 13,682.70 114.85. Vitol | 58,979 followers on LinkedIn. Business News. Vitol Group News and Updates from The Economictimes.com. Vitol pays $164 million to resolve U.S. allegations of oil bribes in Latin America FILE PHOTO: A sign is pictured in front of the Vitol Group trading commodities company building in Geneva Link up with South Korean power Group and commodity trading company that was in. 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