Vitol Energy
Company description
Vitol is a leader in the energy sector with a presence across the spectrum; from oil to power, renewables and carbon. It trades around 7 million barrels per day of crude oil and products, and charters around 6,650 ship voyages every year. Vitol trades 7.4 million barrels per day of crude oil and products, and charters around 6,000 sea voyages every year. Vitol's counterparties include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol operates from some 40 offices worldwide and is invested in energy assets globally including 17 million m3 of storage, roughly 500 k b/d of refining capacity, over 7,000 service stations and a growing portfolio of transitional and renewable energy assets. Revenues in 2022 were US$505 billion.
Company details
Participation in projects
Projects as Project Owners per Country ()
Projects as Project Owners per Subsector ()
Loading ...
The company has not participated in any projects.
| Country | Project | Current stage | Value (USD MM) | Sectors | Updated | Details |
|---|
Loading ...
Loading ...
| Country | Transaction | Type | Sectors | Updated | Details |
|---|
Loading more transactions...
Loading ...
Company updates
-
-
February 23, 2024
VItol Group to buy 35% stake in Saras
The Vitol Group has agreed to buy a 35% stake in refiner Saras SpA from a family of Italian billionaire Massimo Moratti. The transaction valued the company at about EUR1.7 billion (US$1.9 bi...
Read more -
January 05, 2024
USD 2.1 billion acquisition closed of Vencer oil assets
Civitas Resources has closed the acquisition of Vencer Energy’s oil-producing assets in the Midland Basin of west Texas from Vitol. As Per the agreement, Civitas issued Vencer 7,181,527 common...
Read more -
June 19, 2023
Vestas to supply 139 MW turbines to repower wind project in Pennsylvania
Vestas has been awarded a contract to repower a project owned by Vitol in Pennsylvania, USA. This project repowering involves replacing the current Senvion MM92-2.05 MW wind turbines with 68 V110-2.0...
Read more -
September 23, 2021
Vestas to supply turbines for 240 MW Onshore wind farm in USA
Vestas has received a 240 MW order to repower the Big Sky Wind project in Illinois, US.
Read more -
July 08, 2021
USD70 million Wind repower contract awarded for 240 MW onshore wind farm in USA
Infrastructure and Energy Alternatives, Inc. announced that it has been awarded the Big Sky Repower balance of plant (“BOP”) project valued at approximately US$70 million.
Read more -
June 02, 2021
Exus to repower 240 MW wind project in Illinois
Assets management and investment firm Exus Management Partners will lead the repowering of the 240 MW wind farm project in Illinois. Vitol owns and operates the 240 MW Big Sky wind farm bo...
Read more -
January 10, 2020
Gresham House Energy Storage Fund completes acquisition of 50 MW energy storage facilities
Gresham House Energy Storage Fund (GRID) has acquired two operational battery storage facilities totaling 50 MW from VLC Energy, a joint venture between Low Carbon and VPI Immingham a subsidiary of Vi...
Read more -
October 04, 2016
Sunoco Logistics announces acquisition of Vitol’s Crude Platform in the Growing Permian Basin
Sunoco Logistics Partners L.P. and the Vitol Group have announced the acquisition of Vitol’s Permian Basin crude oil system in West Texas for approximately US$760 million plus working capital.
Read more -
May 28, 2015
Vitol requests IFC financing for Ghana oil offshore project
Vitol Ghana, a subsidiary of Vitol Group, has requested financing from the International Finance Corporation (IFC) for the Offshore Cape Three Points (OCTP) project in the Western Region of Ghana.
Read more -
February 11, 2015
Ghana signs $7bn contract with Eni to produce oil, gas at Cape Three Points
The government of Ghana has signed an agreement for the development of the Offshore Cape Three Points (OCTP) integrated oil and gas project.
Read more
