KUALA LUMPUR (Reuters) -The chief executive of top energy trader Vitol expects a slight reduction in U.S. oil production this year due to lower prices, he said on Tuesday. Lower investment and ...

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 ...

KUALA LUMPUR (Reuters) -The chief executive of top energy trader Vitol expects a slight reduction in U.S. oil production this year due to lower prices, he said on Tuesday. Lower investment and ...

Egypt agreed to buy liquefied natural gas over 2 1/2 years from suppliers including Saudi Aramco, Trafigura Group and Vitol Group, putting the country on course to be a long-term importer as local ...

AK&M 05 July 2025 19:23 Vitol Group, the world's largest independent oil trader, has submitted an application to acquire PDV Holdings Inc., the parent company of Citgo Petroleum Corp., which is a key ...

The Cairo West power plant in Egypt. Photo by Islam Safwat / Bloomberg (Bloomberg) — Egypt agreed to buy liquefied natural gas over 2 1/2 years from suppliers including Saudi Aramco, Trafigura Group ...

In addition, Vitol has entered into agreements to acquire rival Noble Resources, the Saras SpA oil refinery and gas stations in Turkey and South Africa. The deal demonstrates further progress in using ...

Oil prices soared after Israel attacked Iran, and even after falling back slightly are on course to post the largest daily gain since 2022.

The government of Egypt has reached agreements with global traders Saudi Aramco, Trafigura, Vitol and Shell for up to 160 cargoes of LNG, covering the needs of the North African country for H2 ...