Vitol invests in first US offshore LNG facility
Vitol is equity investor and largest offtaker, with 1.4MTPA volumes. Project cost ~$5B, expected production in 2030.
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Global energy and commodities trader
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In short: Vitol's 2025 profit dropped to $4.5 billion, but the company still reported a $343 billion turnover and made $2 billion in Q1 despite market turmoil.
Vitol is equity investor and largest offtaker, with 1.4MTPA volumes. Project cost ~$5B, expected production in 2030.
BSI launches voluntary framework in ARA market to enhance bunker delivery assurance via clearer standards, verification, and transparency.
Proposes frontloading allowances with Article 6 credits to ease industrial pressure without undermining climate goals. Ensures Market Stability Reserve does not reverse relief.
Jacques Detiger, a founding partner and former CEO, died at 91. He joined in 1966, led expansion, and shaped Vitol's collaborative culture.
Commodity traders Trafigura Group and Vitol Group are expanding efforts to sell Venezuelan oil into Asia, a move that comes as the South American country's...
Trader and shipowner Vitol is pushing down emissions from its energy shipping fleet at the same time as profit looks likely to jump in disrupted...
Energy trader Vitol achieved a net profit of around $4.5 billion in 2025, two sources familiar with the results told Reuters, a sharp drop from...
It is the world’s second largest private oil trader after Vitol, owning the world’s largest fleet of...
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