Latest Vitol News & Updates
See the latest news and media coverage for Vitol. We track all announcements, press releases, and industry mentions in real time, all in one place.
Global energy and commodities trader
vitol.com- Headquarters
- Rotterdam, Netherlands
- Founded year
- 1966
- Company type
- Private company
- Number of employees
- 2,000–5,000
Last updated
Latest news about Vitol
In short: Vitol reported a $343 billion turnover and $2 billion Q1 profit while expanding its global LNG portfolio and entering major Venezuelan oil deals.
Company announcements
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Vitol joins BSI as founding member
BSI launches voluntary framework in ARA market to enhance bunker delivery assurance via clearer standards, verification, and transparency.
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Vitol advocates EU ETS safety valve
Proposes frontloading allowances with Article 6 credits to ease industrial pressure without undermining climate goals. Ensures Market Stability Reserve does not reverse relief.
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Vitol announces Jacques Detiger's passing
Jacques Detiger, a founding partner and former CEO, died at 91. He joined in 1966, led expansion, and shaped Vitol's collaborative culture.
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WPU plans chemical recycling facility in Rotterdam
The facility will process 80,000 tonnes of end-of-life plastics yearly using pyrolysis technology, boosting WPU's capacity to 100,000 tonnes. It targets lower carbon intensity and awaits regulatory approvals.
Media coverage
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Vitol buys Mexican crude again amid the conflict in the Middle East
Vitol Group is buying Mexican oil for the first time in a decade, at a time when the conflict in the Middle East is disrupting the...
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Ghana inks major gas deal with Eni, Vitol as OCTP expansion gets green light
Gov’t targets 350m scf/day boost in domestic gas output under new offshore agreementThe government of Ghana has signed a major term sheet agreement with Eni...
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Camuzzi, Vitol sign MoU for Argentina's $3.9 billion LNG del Plata project
Camuzzi Gas Inversora and Vitol signed a memorandum of understanding for Argentina's LNG del Plata project, the Argentine firm said on Monday, with Vitol potentially...
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Vitol subsidiary plans pyrolysis plant in Netherlands / Two projects in Denmark abandoned
Waste Plastic Upcycling plans to build a pyrolysis plant near Vitol’s VPR refinery in Rotterdam, Netherlands (Photo...
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