Vitol, Trafigura, BP Plc buy 75% of Dangote refinery products amid dispute with local marketers — Report
Vitol, Trafigura, and BP Plc have emerged as the dominant buyers of refined products from Dangote Refinery, securing 75% of ...
Tag: Vitol
Is the Nigerian energy sector still a viable investment niche?
Historically, the energy sector has been a big bet for investors and generically, it has been an expanding sector globally ...
Vitol reports $13 billion profits in 2023
Vitol, the foremost independent commodity trader globally, has for the second consecutive year, secured profits surpassing its competitors, solidifying its ...
Nigeria receives US$2.25 billion loan from Afrexim, UBA acts as Key Local Arranger
Nigeria received US$2.25 billion in first tranche of the $3.3 billion Afrexim loan, with UBA listed as local arranger and ...
Diesel: Nigeria to face more difficulties as global commodity traders warn of shortages
The world may face a global shortage of diesel due to the ongoing sanctions on Russia, which is expected to ...
Dangote dismisses rumours of talks with world’s top oil traders
The Management of Dangote Refinery has denied news of talks between Aliko Dangote, Africa’s richest man, and Trafigura and Vitol, ...
Ian Taylor, Vitol’s Oil Trade Veteran, dies at 64
Ian Taylor was said to have died from pneumonia at the age of 64, after beating cancer and stroke just last year.
Vitol signs 10-year deal to buy Nigeria’s LNG
Vitol will increase the volume of its Liquefied Natural Gas after signing a 10-year agreement with Nigeria Liquefied Natural Gas (NLNG). #VITOL #NLNG
Critics blame FG as Vitol quits oil fields acquisition
Delay on the part of the Nigerian government has forced Vitol to pull out of an acquisition talk involving two ...
Vitol is now poised to acquire Petrobras Africa
Petrobras will most likely announce the sale of its stake in Petrobras Africa to Vitol.
