What does vitol do?
What does vitol do?
Vitol Asia Pte Ltd operates as an energy and commodities company, and offers refining, trading, shipping, and storage of crude oil and energy products. The company was founded in April 1990 and is headquartered in Singapore.
How many employees does Vitol have?
Company Growth (employees)
| Employees (est.) (Jul 2021) | 1,271 | (+2%) |
|---|---|---|
| Revenue (Y, 2020) | $140 B | |
| Cybersecurity rating | B | More |
When was Vitol founded?
1966, Rotterdam, Netherlands
Vitol/Founded
Who is owner of Trafigura?
Trafigura Beheer B.V.
Trafigura/Parent organizations
What is the Trafigura scandal?
Trafigura has been named or involved in several scandals, particularly the 2006 Ivory Coast toxic waste dump, which left up to 100,000 people with skin rashes, headaches and respiratory problems. The company was also involved in the Iraq Oil-for-Food Scandal.
Who are the founders of the Vitol Group?
The Vitol Group is a Dutch energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Though physical trading, logistics and distribution are at the core of the business, these are complemented by refining, shipping, terminals, exploration and production, power generation, and retail businesses.
How many offices does Vitol have in the world?
Vitol is an energy and commodities company. Every day we use our expertise and logistical networks to distribute energy around the world, efficiently and responsibly. Founded in Rotterdam in 1966, today the company has some 40 offices worldwide and trades over seven million barrels of crude oil and products a day.
What kind of energy assets does Vitol have?
Vitol is invested in a range of renewables projects, including wind, solar and renewable natural gas and continues to seek opportunities across geographies. We are invested in energy assets which complement our position at the heart of the world’s energy markets, facilitating the flow of energy from, into and across key markets globally
What kind of business does Vitol trading do?
In March 2015, the Financial Times suggested that Vitol appeared to make a $1.2 billion dividend distribution. In addition to the global crude and product trading businesses, the company trades coal, natural gas, power, ethanol, methanol, gasoline, LNG, LPG, naphtha, bitumen, base oils and carbon emissions.