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    Vitol Group

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Wednesday, 3 May, 2023
      Oil & Gas industry
      Shell, BP and Total out-trade Vitol, Trafigura, Mercuria and Gunvor

      European oil majors’ combined trading profits surpass those of the four biggest private energy traders

    • Thursday, 30 March, 2023
      Vitol profits soar to record $15bn on back of energy crisis

      Commodity trader’s profits in 2022 matched previous six years combined as turmoil swept through markets

    • Wednesday, 22 March, 2023
      Commodities
      Profits at commodity traders hit record in 2022, say finance chiefs

      Companies set high-water mark unlikely to be repeated in 2023

    • Tuesday, 21 March, 2023
      Oil & Gas industry
      Global commodity traders open to increasing Russian oil volumes

      Trafigura and Vitol bosses say they would increase activity if governments and banks give approval

    • Friday, 30 December, 2022
      Vitol sells stake in Russian Arctic development

      World’s largest independent oil trader is latest group to divest following Ukraine invasion

    • Thursday, 1 December, 2022
      NK Lukoil OAO
      Lukoil resumes talks with US buyout group to sell Italian refinery

      Crossbridge Energy negotiating deal with Russian company for as much as €1.5bn but Rome seeks more time to close

    • Friday, 4 November, 2022
      NK Lukoil OAO
      Lukoil rejects US buyout group’s offer for Sicily refinery

      Collapse of talks over deal backed by Vitol risks bankrupting Russian-owned facility

    • Tuesday, 1 November, 2022
      Russian oil exports will fall despite growing ‘dark fleet’, Vitol chief says

      Supplies will drop by up to 1mn barrels per day when new sanctions come in, according to Russell Hardy

    • Tuesday, 20 September, 2022
      EU energy
      US private equity firm in talks to buy Russian-owned refinery in Italy

      Crossbridge Energy Partners emerges as frontrunner to acquire Lukoil facility

    • Tuesday, 5 July, 2022
      Oil & Gas industry
      Oil refiner Varo aims to stop selling carbon products by 2040

      Carlyle and Vitol-owned company’s net zero target goes further than many of its peers

    • Sunday, 10 April, 2022
      War in Ukraine
      Ukraine calls on commodity traders to stop handling Russian oil

      Vitol, Trafigura, Glencore and Gunvor accused of helping Moscow receive ‘blood money’

    • Tuesday, 29 March, 2022
      Energy sector
      Vitol generates record net profit of $4bn in 2021

      Biggest independent energy trader rides rising demand and price volatility

    • Monday, 21 March, 2022
      Vitol urges regulators to maintain ‘integrity’ of financial markets

      Oil trader’s comments come as broader industry faces huge demands for cash to cover hedges

    • Monday, 28 February, 2022
      Oil & Gas industry
      Exits by BP and Shell from Russia put pressure on peers to follow suit

      Total, Exxon, Trafigura and Vitol among oil groups and commodity traders heavily exposed to the country

    • Tuesday, 22 February, 2022
      Russian business & finance
      Oil majors and commodity traders at risk from new sanctions on Russia

      Western measures over Ukraine crisis could hit companies from BP and Exxon to Glencore and Vitol

    • Sunday, 12 December, 2021
      Mergers & Acquisitions
      Vitol buyout of Vivo Energy faces shareholder opposition

      Top-10 investor RWC Partners says oil trader’s £1.7bn offer for Africa-focused fuel retailer too low

    • Thursday, 25 November, 2021
      Lex
      Vitol/Vivo: volte-face reflects flagging share price performance of orphan stock Premium content

      There is scope for frustration from some investors who reckon the fuel company was misunderstood and undervalued

    • Thursday, 25 November, 2021
      Vitol buys back African fuel business Vivo in £1.8bn deal

      Oil trader takes full control of company with 2,400 petrol stations in 20 countries

    • Tuesday, 8 September, 2020
      Energy Source
      Covid-19 remains oil price’s wild card Premium content

      Your latest energy news: the market’s stalled recovery and signs of returning life in the shale patch

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