Vitol

(IN BRIEF) Eni has signed a binding agreement with SOCAR for the sale of a 10 percent stake in the Baleine offshore project in Côte d’Ivoire, while retaining operatorship and a 47.25 percent interest. The transaction aligns with Eni’s dual … Read the full press release →

(IN BRIEF) Vitol has acquired a 30 percent stake in the Baleine offshore project in Côte d’Ivoire from Eni, joining Petroci in a partnership that underscores the project’s national and regional importance. Now structured as Eni 47.25 percent, Vitol 30 … Read the full press release →

(IN BRIEF) Vitol Bunkers has introduced FuelEU compliant co-processed bunkering fuel, the first delivery of which was made to the Elandra Falcon vessel in Fujairah. Produced at Vitol’s refinery, this fuel meets the RMG380 VLSFO grade and will be marketed … Read the full press release →

(IN BRIEF) Vitol Asia Pte Ltd has signed a 10-year LNG supply agreement with LNGPH—the integrated LNG power facilities of SPPC and Excellent Energy Resources Inc—to deliver up to 0.8 million metric tons of LNG annually starting in 2025. The … Read the full press release →

(IN BRIEF) ZeroNorth, Vitol, and the Port of Rotterdam have begun a four-week pilot to test ZeroNorth’s electronic bunker delivery note (eBDN) system, aiming to improve efficiency, transparency, and data quality in bunker operations. This trial, which includes several bunker … Read the full press release →

(IN BRIEF) VTTI has secured $1.7 billion in financing through a mix of US Private Placement Notes, Bank Term Loans, and a Revolving Credit Facility to support its growth and sustainability goals. This refinancing will help VTTI diversify its capital … Read the full press release →

(IN BRIEF) Vortex Energy, a leading renewables company in Poland owned by Vitol, has appointed Wojciech Orzech as CEO. Orzech, with over 20 years of experience in energy and infrastructure, previously served as CEO of PKP Energetyka. He will work … Read the full press release →

(IN BRIEF) Vitol B.V. has agreed to acquire Noble Resources Trading Limited for $0.63 per share on a debt-free, cash-free basis, pending customary conditions. Noble Resources is a prominent supply chain manager for energy products and industrial raw materials in … Read the full press release →

THE HAGUE, 27-Apr-2017 — /EuropaWire/ — Shell has completed the sale of its 20% interest in Vivo Energy Holding B.V. to Vitol Africa B.V. for a total amount of US$250 million. This sale was earlier announced on 23 December 2016 … Read the full press release →

16-1-2013 — /europawire.eu/ — The Vitol Group of Companies (“Vitol”). is pleased to announce the signing of a binding Memorandum of Understanding (“the MOU”) with Coal of Africa Limited (“the Company” or “CoAL”) Under the terms of the MOU, which the … Read the full press release →

15-1-2013 — /europawire.eu/ — On 21 December 2012 Rosneft agreed heads of terms for long-term crude supply contracts with Glencore International plc (‘Glencore’) and Vitol, two of the world’s leading trading companies. Under the heads of terms, Rosneft plans to sign … Read the full press release →