Vitol
Ukrainetrader5.0Global Dominance: 0.00%Vitol is a global leader in the energy and commodities trading sector, known for its extensive operations in oil, gas, and other raw materials. The company has been in the news recently due to a London court ruling requiring Nigeria LNG to pay Vitol $380 million in compensation for failing to deliver contracted cargoes.
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Recent news mentions
Vitol controls a significant portion of Venezuela's oil exports through agreements made with Caracas.
Прямі закупівлі венесуельської нафти зростають — конкуренція з Vitol і TrafiguraУкраїнська правда (Ukrayinska Pravda)·Ukraine· 2026-07-21
Ukraine· 2026-07-21
Vitol is the main fuel supplier for Icelandair in Keflavík.
Eldsneytið ekki á vélar IcelandairMorgunblaðið·
Iceland· 2025-09-16
Iceland· 2025-09-16Also mentioned
Asdis Yr Petursdottir
A recent large swap deal between Venezuela’s state company PDVSA, M&P and commodities firm Vitol was completed.
US-authorized buyers of Venezuelan oil complete transactions as licenses expireStabroek News·
Guyana· 2025-05-28
Guyana· 2025-05-28
A London court ordered Nigeria LNG to pay $380m in compensation to two commodity traders – Vitol and Glencore.
Natural gas supply to NLNG reduces by 80% – ReportThe Punch·
Nigeria· 2025-03-05
Nigeria· 2025-03-05
