Vitol to load first diluent cargo under Venezuela supply deal
Vitol and its trading peer Trafigura struck agreements with the US Government to help market the stranded Venezuelan…
First diluent cargo expected to enter Venezuela under US supply deal
By Shariq Khan and Marianna Parraga New York/Houston ― Commodities trader Vitol is expected to load the first…
Venezuelan oil exports fell 6.5% in Feb. with loss of Chinese market
A lack of very large crude carriers to transport bigger cargoes also limited exports from Venezuela, whose main…
Venezuelan oil exports scale up with first VLCC bookings under US pact
Bigger shipments could lower costs The larger cargoes could cut transportation costs for traders and buyers, who have…
US refiners seek direct Venezuelan crude deals with PDVSA
Valero, the second-largest US refiner and a top buyer of Venezuelan oil from Chevron, plans to buy directly…
PDVSA restricts oil sales to individual US-licensed buyers
According to PDVSA’s export schedules updated this week, Vitol, Trafigura and Chevron continue lifting the lion’s share of…
Vitol to load Venezuelan fuel oil under US-backed supply deal
Executives from Vitol this week instructed business partners in Venezuela to assess terminals operated by state-run energy company…