vitol in A Sentence

Vitol Builds Refinery for New Ship 's.

The Vitol Group.

Johor Vitol Asia.

Vitol has opted to install scrubbers on its bigger ships.

Vitol said it would not comment on commercial activity or trading.

Energy trading houses Gunvor, Vitol and Trafigura have also chased projects in Bangladesh.

Vitol is among 10 pairings of traders and local partners that hold such swap contracts.

Vitol said on Thursday it had no comment when asked about LNG plans in Bangladesh.

Vitol also has upstream assets in Ghana that began production with a target of 45,000 bod.

In its latest $50 million funding round, Vitol and Peabody agreed to each invest $10 million.

In its statement, Vitol said“2017 was a challenging year, notwithstanding robust demand growth of 1.6 million barrels a day.

It is not clear whether the change in hands of the Waha concession from Marathon to Total will affect Vitol's contract.

He has been a member of Vitol's executive committee since 2007 and was named CEO of the Europe, Middle-East and Africa region in 2017.

Vitol said it had"robust" compliance procedures in place, while Mercuria said it was"always happy to help international bodies to bring additional transparency on these issues".

Vitol has delivered over 7 million tonnes of LNG through 2017 and an extensive global trading and logistics network developed over a decade of delivering to customers.

There are many factors which will dictate which method of compliance is adopted," Mike Muller of Vitol said, in his first statement since joining the firm from Shell.

The Caspian tanker shortage was such that Vitol had to charter old ships, including the Grigoriy Bugrov, a 44-year-old vessel that sank in 2011 and was later repaired.

Vitol did not disclose its net profits though the Financial Times said on Sunday that they had fallen to $1.5 billion from more than $2 billion in 2016.

The project is expected to be completed in May 2020 and will augment Vitol's refinery in Fujairah in the United Arab Emirates in providing low-sulphur fuel oil for ships,

Hardy, who started his career at BP and traded fuel oil, was long seen as one of two front-runners to succeed Taylor alongside another Vitol veteran Chris Bake.

PETRONAS is pleased to sign this long-term LNG supply deal with Vitol and hope that it will continue to enhance the long history of business collaboration with the Vitol Group.”.

Global prices of liquefied natural gas(LNG) will face pressure from oversupply over the next two to three years, particularly in warmer months, top energy trader Vitol said on Wednesday.

About half of these stations will be in Africa after 300 more are added via an agreement with Engen Holdings, which will also spread Vitol's presence to nine new countries.

It creates liquidity for the primary shareholders, and will bring Vitol's ownership down to 40 percent, from 55 percent, and that of Helios to 30 percent, from 44 percent, Chammas said.

Steven Brann said that LNG and gas, coupled with related asset acquisitions, will offer the best growth opportunities for Vitol as the world moves towards cleaner-burning fuels and oil demand peaks in the next decade.

Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulphur fuel for ships, a senior company official said on Monday.

Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulfur fuel for ships, a senior company official said on Monday.

Among its mid and downstream investments, Vitol increased its number of retail stations to over 5,000 after buying Turkish chain Petrol Ofisi and bought an 85,000 bpd condensate splitter from Koch Supply and Trading in Rotterdam.

Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider, Russell Hardy, as the new group CEO.

Trading desks of oil major BP and merchants Vitol, Gunvor and Trafigura have recorded losses in the tens of millions of dollars each as a result of the"whipsaw" move when the spread reached more than $11.50 a barrel in June, insiders told Reuters.

Showing 1 to 30 of 36 results

vitol in A Sentence

Vitol Builds Refinery for New Ship 's.

The Vitol Group.

Johor Vitol Asia.

Vitol has opted to install scrubbers on its bigger ships.

Vitol said it would not comment on commercial activity or trading.

Energy trading houses Gunvor, Vitol and Trafigura have also chased projects in Bangladesh.

Vitol is among 10 pairings of traders and local partners that hold such swap contracts.

Vitol said on Thursday it had no comment when asked about LNG plans in Bangladesh.

Vitol also has upstream assets in Ghana that began production with a target of 45,000 bod.

In its latest $50 million funding round, Vitol and Peabody agreed to each invest $10 million.

In its statement, Vitol said“2017 was a challenging year, notwithstanding robust demand growth of 1.6 million barrels a day.

It is not clear whether the change in hands of the Waha concession from Marathon to Total will affect Vitol's contract.

He has been a member of Vitol's executive committee since 2007 and was named CEO of the Europe, Middle-East and Africa region in 2017.

Vitol said it had"robust" compliance procedures in place, while Mercuria said it was"always happy to help international bodies to bring additional transparency on these issues".

Vitol has delivered over 7 million tonnes of LNG through 2017 and an extensive global trading and logistics network developed over a decade of delivering to customers.

There are many factors which will dictate which method of compliance is adopted," Mike Muller of Vitol said, in his first statement since joining the firm from Shell.

The Caspian tanker shortage was such that Vitol had to charter old ships, including the Grigoriy Bugrov, a 44-year-old vessel that sank in 2011 and was later repaired.

Vitol did not disclose its net profits though the Financial Times said on Sunday that they had fallen to $1.5 billion from more than $2 billion in 2016.

The project is expected to be completed in May 2020 and will augment Vitol's refinery in Fujairah in the United Arab Emirates in providing low-sulphur fuel oil for ships,

Hardy, who started his career at BP and traded fuel oil, was long seen as one of two front-runners to succeed Taylor alongside another Vitol veteran Chris Bake.

PETRONAS is pleased to sign this long-term LNG supply deal with Vitol and hope that it will continue to enhance the long history of business collaboration with the Vitol Group.”.

Global prices of liquefied natural gas(LNG) will face pressure from oversupply over the next two to three years, particularly in warmer months, top energy trader Vitol said on Wednesday.

About half of these stations will be in Africa after 300 more are added via an agreement with Engen Holdings, which will also spread Vitol's presence to nine new countries.

It creates liquidity for the primary shareholders, and will bring Vitol's ownership down to 40 percent, from 55 percent, and that of Helios to 30 percent, from 44 percent, Chammas said.

Steven Brann said that LNG and gas, coupled with related asset acquisitions, will offer the best growth opportunities for Vitol as the world moves towards cleaner-burning fuels and oil demand peaks in the next decade.

Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulphur fuel for ships, a senior company official said on Monday.

Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulfur fuel for ships, a senior company official said on Monday.

Among its mid and downstream investments, Vitol increased its number of retail stations to over 5,000 after buying Turkish chain Petrol Ofisi and bought an 85,000 bpd condensate splitter from Koch Supply and Trading in Rotterdam.

Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider, Russell Hardy, as the new group CEO.

Trading desks of oil major BP and merchants Vitol, Gunvor and Trafigura have recorded losses in the tens of millions of dollars each as a result of the"whipsaw" move when the spread reached more than $11.50 a barrel in June, insiders told Reuters.

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