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The chief executive of top energy trader Vitol expects a slight reduction in U.S. oil production this year due to lower ...
Ex-Vitol Trader Pleads Guilty to Additional Bribery Charges After Conviction. Javier Aguilar, who was involved in a scheme to bribe Mexican and Ecuadorean officials, ...
Vitol didn’t think government investigators had any evidence against it, Aguilar said, but was shutting down all its existing structures as a precaution. After that, ...
Vitol also agreed to pay a $16 million penalty to the Commodity Futures Trading Commission in a "related matter", and “disgorge” more than $12.7 million, officials said.
Vitol, a private company, is one of the largest traders of crude oil in the world. In 2020, it agreed to pay $163 million to settle criminal and civil charges connected with bids for oil in Brazil ...
The world's top energy trader, Vitol, made a net profit of $8 billion to $8.5 billion in 2024, a steep drop from record highs of 2022 and 2023 but still exceeding rivals by a wide margin despite ...
He said that the lower oil prices will lead to a slight decrease in U.S. production of oil this year. "We're starting to see ...
Vitol Group, the world’s top independent oil merchant, will stop trading Russian crude oil and products by the end of the year, a source with knowledge of the situation told CNN.
Vitol Group paid a record dividend of $6.5 billion last year, the latest evidence of how the energy crisis has delivered spectacular riches to the world’s commodity traders.
Vitol and Jefferies have not yet responded to requests for comment. This venture marks Vitol's second US shale initiative, following the launch of Vencer Energy in July 2020 to acquire assets at ...
Vitol in 2020 agreed to pay $163 million to settle criminal and civil actions connected with bids for oil in Brazil, Mexico ...
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