Vitol

Rosneft and a consortium of Vitol S.A. and Mercantile & Maritime Energy Pte. Ltd. (75% – Vitol, 25% – MME) have closed a deal to sell a 5% stake in the authorized capital of Vostok Oil LLC. The deal was approved at a meeting of the Rosneft Board of Directors. …

During the 19th International Conference & Exhibition on Liquefied Natural Gas (“LNG2019”) in Shanghai, Novatek Gas&Power Asia, a trading subsidiary of PAO NOVATEK (“NOVATEK” and/or the “Company”) and Vitol S.A. (“Vitol”) announced signing of Heads of Agreement (“Agreement”) for the supply of LNG. The Agreement envisages concluding a 15-year contract with …

Vitol, the world’s top oil trader, plans to access liquefied petroleum gas (LPG) from the giant Kashagan field in Kazakhstan and may finance the construction of a processing and export facility, industry and company sources told Reuters. LPG is mainly a by-product of oil development at the field and at …

Latest Kazakh deal could be signed next week – source New funds will raise prepayment to $2.25 bln Prepayments help traders secure supplies, lift margins By Julia Payne, Olzhas Auyezov and Gleb Gorodyankin Major European trader Vitol is set to increase its cash-for-oil deal with Kazakhstan’s state energy firm by …

UK-based power generation company Aggreko plc announced today it will join Shell and Vitol as sponsors of the UK Pavilion at Expo 2017 in Astana, Kazakhstan. Under the banner of Future Energy, Expo 2017 will bring together representation from more than 100 countries, along with international organisations and the private …

Capitalizing on their successful cooperation in oil and petroleum product supplies, Rosneft and Vitol have agreed heads of terms regarding cooperation in a new sphere – liquefied natural gas (LNG). The Heads of Agreement for an LNG sale and purchase contract was signed by Rosneft President and Chairman of the …