Vitol weighs $2.3-billion sale of Delaware basin producer VTX Energy
(Bloomberg) – Vitol Group is in late stage talks to sell its shale oil venture VTX Energy Partners…
Eni, Mercuria to combine oil and LNG trading operations
(Bloomberg) – Italian oil company Eni SpA and commodity merchant Mercuria Energy Group Ltd. signed an agreement to…
Petrovietnam turns to middleman Vitol Asia for crude oil requirements
Commodity traders like Vitol have global networks to source supply from that they can ship to refiners in…
Delfin Midstream Announces $5 Billion Final Investment Decision for First FLNG Vessel
Delfin Midstream Inc. First FLNG facility in the U.S. will have the largest liquefaction capacity of any floating…
Transnet signs 25-year deal to operate Eastern Cape LNG terminal
Global trader Vitol is backing a $3 billion LNG terminal project in Durban, while Dutch tank storage and…
Venture Global LNG Deals With TotalEnergies And Vitol Underpin Undervalued Stock
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors…
TotalEnergies and Vitol strike US LNG deals with Venture Global
Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has sealed two…
World’s Top Oil Trader Hit by Massive Loss on Bets Gone Wrong
The legendary derivatives trading team at Vitol Group, the world’s largest oil trader, has reportedly lost hundreds of…
Bolivia Halts Fuel Imports Amid Smuggling Scandal
In a major move, Bolivia announced the suspension of its gasoline contracts with Vitol and Trafigura due…
Venture Global and Vitol announce new LNG purchase agreement
Venture Global, Inc. and Vitol announced the execution of a new, binding agreement for the purchase of approximately…
Expanded U.S. Licenses Set Stage for Venezuela Oil Production Rebound
By Shariq Khan NEW YORK (Reuters) – Expanded U.S. licenses for Venezuela-related deals are expected to restore the…
Surge in LNG Supply: A Decade of Market Stress Ahead
In a recent revelation at the LNG2026 conference in Doha, Qatar, Pablo Galante Escobar, the head of…