Vitol Subsidiaries


Vitol today confirmed that its wholly owned subsidiary Rosco SA announced a cash offer for Arawak Energy Limited. is a Société Anonyme organized under the laws of Switzerland with its principal place of business in Geneva. Oil refiners with a throughput capacity of nearly 2 million barrels per day. We're one of Australia largest energy companies, and the exclusive licensee of the Shell brand and its products in this country. operates as a subsidiary of Vitol Holding B. Vitol bid together with the oil upstream subsidiary of U. At EP Energy, we have a passion for finding and producing the oil and natural gas that enriches people's lives. Vitol also has invested in refining assets in Bayernoil (Germany), Cressier (Switzerland), Antwerp (Belgium) and the Geelong refinery near Melbourne (Australia). Geneva, 28th April, 2008. Vitol was founded in 1966, and is headquartered in the Netherlands. Earlier Vitol signed a contract with ENOC (Emirates National Oil Company) for the export of crude oil from the oilfield developed by the ENOC subsidiary. The proposal is set to be discussed at the extraordinary shareholder meeting scheduled for December 20, 2017. The company primarily deals with crude oil, gasoline, fuel oil, middle distillates, naphtha, lpg, natural gas, sugar and non-ferrous metals. has agreed to buy OMV AG’s 100%-owned fuel-distribution subsidiary in Turkey for €1. OMV had put its Turkish subsidiary up for sale a year ago in the context of plunging crude prices that depressed the global oil sector. Vitol is Dutch-owned but Geneva-based and London is counted as a subsidiary office, like Singapore. Bekijk het profiel van Heidi Vennekens op LinkedIn, de grootste professionele community ter wereld. LONDON (Reuters) -- Commodities trader Vitol has agreed to buy an 85,000-bpd condensate splitter in the Netherlands from Koch Supply and Trading, a subsidiary of US conglomerate Koch Industries, Vitol said in a statement on Tuesday. Back then, the EU had already imposed sanctions on Iranian oil trades. RCI Financial Services Ltd With a sixty year history in the UK, RCI Financial Services is the financial services specialist for five of the UK’s leading car brands: Renault, Nissan, Dacia, Infiniti and Alpine. In the DRC, we have a substantial stake in Katanga Mining and wholly own Mutanda Mining, both located in the DR Congo’s Katanga province. Vitol's revenue is the ranked 4th among it's top 10 competitors. He speaks exclusively to Bloomberg's Manus Cranny in London. Vitol posts 13% rise in traded oil volumes in 2015. 30 a barrel for jet fuel, US$24. 9 Vitol is a direct, wholly owned subsidiary of Vitol Holding SARL, which in turn is a direct, wholly owned subsidiary of Vitol Holding BV. The 'Fredriksen affair' opens the top on Vitol's oil business. Vitol Group - Strategy, SWOT and Corporate Finance Report Summary Vitol Group - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Vitol is an international energy trading and refining company that provides oil trading and marketing services for industry partners, including upstream producers and downstream retailers. We charter tankers and move crude oil and oil products. Vitol Holding B. and one of its subsidiaries $6 million for willfully misleading the New York Mercantile Exchange about the true. Vitol-backed Varo Energy and GoodFuels are stepping up their biofuel drive for shipping. 7 million tonnes per annum of liquefied natural gas (LNG) from Cheniere for about 15 years, beginning in 2018. Petronas LNG, a subsidiary of Petronas, and Vitol Asia signed a deal last year for long-term LNG supply from LNG Canada and from the global portfolio of Petronas, to start from 2024. Brenner was with Morgan Stanley, most recently as an Executive Director in the Morgan Stanley Commodities Group. SINGAPORE/BEIJING, Sept 26 - Vitol, the world's largest oil trader, is buying and selling Iranian fuel oil, undermining Western efforts to choke the flow of petrodollars to Tehran and put pressure. subsidiary said it "regrets the FERC's decision to issue an Order to Show Cause against it and denies all of FERC's allegations. The oil and gas storage and terminal company is a subsidiary of VTTI, which is 50%-owned by Vitol. - One of the largest Midstream Oil and Gas companies in North America. 50 per Hillsborough share. Request for information on correspondence between Brian Wilson, since his appointment as Business Ambassador, and: Ian Taylor, Chief Executive of Vitol, any other representatives of Vitol or any. 4 billion pending acquisition of 50 percent of Petrobas Oil & Gas B. Praia, Cape Verde, 26 July – Multinational company Vitol is negotiating the acquisition of 19 Shell subsidiaries in Africa, including its subsidiary in Cape Verde, Pan-African news agency Pana reported from Praia. Vitol Subsidiaries. This Project involves the construction and operation of a 48,000m/t greenfield petroleum storage facility located in Tema, 29 km East of Accra, the Capital of Ghana, by Quantum Terminal Limited, a subsidiary of the Quantum Group, a leading Ghanaian petroleum products trader. Subject: Case M. 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. Please feel free to browse the Site; however, by using the Site you agree to … Continue reading "Terms and Conditions". Petronas LNG, a subsidiary of Petronas, and Vitol Asia signed a deal last year for long-term LNG supply from LNG Canada and from the global portfolio of Petronas, to start from 2024. Established in 1979 the Cockett Group has grown to become one of the World’s largest value added resellers of marine fuels. Headquartered in Houston, it focuses on the trading of crude oil, oil products, power, natural gas, and ethanol,. Cahnman has trained many highly successful traders over his career. Eldridge Parkway. Since 1987, our experienced team has navigated through ever-changing credit market cycles, opportunistically investing $119 billion in 5,400 transactions across 80 countries. Below is the link to a very interesting article about the company which was. SK trading international (SKTI) started as a small trading organization under SK Innovation. 5 days consultancy a month. A subsidiary of Vitol Investment Partnership Ltd. About Viva Energy; About Viva Energy. Along with our owners – 27 world-leading pension funds – and other like-minded investors, we believe in the power of bold, long-term and sustainable investment commitments and strategies that aim to deliver results, which ultimately enhance people's retirement outcomes. James served as Senior Business Developer at Vitol Inc. Raw natural gas must be purified to meet certain quality standards specified by major pipeline transmission and distribution compan. 5 million cubic metres of capacity. Amy has 5 jobs listed on their profile. Inside Vitol: How the World's Largest Oil Trader Makes Billions. * Part-owned subsidiary, Glencore. 1 safety data sheet huma gro® vitol section 3: composition & information on ingredients acgih osha component cas # osha hazard wt %_ tlv(twa) stel pel(twa) stel. Integrated Engineering Procurement and Construction (EPC) Contractor, Global E&C, Wins Life-of-field Contract for Brownfield Services with Apache’s North Sea subsidiaries. CERHA HEMPEL advises EBRD on a direct participation in Addiko Bank AG. But the sources said that this could slide as there was a still a possibility that the bids might be split between the two oil block stakes. is a wholly-owned subsidiary of Vitol Holdings Sàrl. and Oil & Gas Exploration & Production contacts in Houston, TX, United States and around the world. Please note this when invoicing! Check the correct unit with your contact person when needed. Vitol Asia Pte. Staff based at the asset will transfer to Vitol. Vivo Energy is the company behind the Shell brand in Africa and is jointly owned by Vitol, Helios Investment Partners and Shell. Vitol is committed to the long-term development of the LNG market. In December 2008, Vitol announced its offer to buy Arawak in its entirety through Vitol subsidiary Rosco. Vitol handles almost 270m tonnes of crude oil and other products in any one year. Vitol , one of the world’s largest oil traders is ready to charter vessels – which happen to be under US sanctions – for the delivery of petroleum products to Syria and the Crimea. Vitol subsidiary bids for Arawak. , not beneficially owned by Vitol Anker and its affiliates, for cash consideration of $0. (Tellurian Trading), has entered into a Memorandum of. Legal news and analysis on antitrust and competition. Vitol, Gunvor) as well as subsidiaries of large Russian corporates involved in trading activities - Structure commodity trade finance transactions including in-depth analysis of the transactions (incoterms, payment terms, insurance, legal documents) as part of. Our data undergoes extensive quality assurance testing with over 2,000 discrete checks for validity and reliability. Equally, they have been successfully used by listed companies either over shares in the listed parent or in subsidiaries. Vitol Investments Belgium NV - 0477. Citgo is a major sponsor of the Bassmaster Fishing Tournaments, and is also the sponsor of a charity golf tournament benefiting the Muscular Dystrophy Association (MDA). MRPL, a subsidiary of India’s state-run Oil and Natural Gas Corp Ltd , last sold a similar cargo to Vitol at the same premium on a FOB basis for loading on Feb. Cheniere Energy, Inc. by and among. and Vice President of Land for Golden Energy LLC. Coastal Caverns Inc. Delaware: Applied Semantics, Inc. is a wholly-owned subsidiary of Vitol Holdings Sàrl. Vitol Anker International B. com, Vitol Group is a publicly traded "major oil multinational" company and "one of the largest traders in the world's energy marketplace. Helpful Information. Gunvor Group is one of the world's largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy and bulk materials from where they are sourced and stored to where they are demanded most. A subsidiary of Vitol Group, the biggest independent oil trader, is demanding that the U. "The agreement between Harvest Pipeline Company and Vitol is an extraordinary opportunity to help satisfy the growing need for export capacity. Vitol Anker International B. We produce an interim report for the six-month period ending 31st March and an annual report which covers the full financial year from 1st October to 30th September. Subsidiaries : Jurisdiction @Last Software, Inc. (Tellurian) has announced that its subsidiary, Tellurian Trading UK Ltd. SEI Fuel Services Inc. Vitol, Gunvor) as well as subsidiaries of large Russian corporates involved in trading activities - Structure commodity trade finance transactions including in-depth analysis of the transactions (incoterms, payment terms, insurance, legal documents) as part of. We currently operate in 4 continents and have over 20 subsidiaries within the Group. Agreement creates long-term value and will help protect ADNOC from energy market fluctuations. The Vitol Group is one of the largest traders in the world’s energy marketplace. View Amy Gu’s profile on LinkedIn, the world's largest professional community. Vitol also has interests in various oil terminals and oil exploration projects. Neste Group consists of several units. They say he was a key agent who secured business for Vitol and other firms by funneling bribes to Petrobras traders, in particular to one in Houston. Cahnman was a Director of the Chicago Board of Trade. -- a wholly owned unit of Vitol Inc. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. com brings you a complete range of reports and documents featuring legal and financial data, facts, analysis and official information from Luxembourg Registry. LUKOIL overview. CERHA HEMPEL advises EBRD on a direct participation in Addiko Bank AG. Vitol Central Asia currently exports all of the oil from the Ayrankol Field exploited by the company Kaspyi Oil - which in turn is 100% owned by Timur Kulibayev. A month ago Glencore acquired a concession in Cameroon’s Rio Del Rey. LITASCO SA manages to ensure flexible and reliable supplies to the international assets of the LUKOIL Group. Mercuria Corporate video. Vitol's annual sales are about $15 billion per year, and the company has approximately 800 employees. Vitol announced that VIP Turkey Enerji AS, a subsidiary of Vitol Investment Partnership Ltd, has completed its acquisition of OMV Petrol Ofisi Holding A. Trafigura Pte Ltd News & Media Trafigura forms venture with Phillips 66 for deepwater Texas oil port Global commodities trader Trafigura said on Friday it had formed a joint venture with U. This month, Vitol secured more than 23% of Turkey's retail market after it agreed to buy Petrol Ofisi from Austrian oil firm OMV for $1. Contact information for XTO Energy, an ExxonMobil subsidiary. 5 million tonnes per annum of liquefied natural gas (LNG) from Tellurian Trading’s LNG offtake capacity at the proposed Driftwood LNG export terminal. Ricardo holds an MBA and a BS in Chemical Engineering from the "Tec de Monterrey", he also hold a PM Certificate from McCombs School of Business. D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like Vitol Inc. Its assets comprise the largest retail station network of. About Vitol. North Atlantic Refining is a petroleum company based in Newfoundland and Labrador, Canada. Hilcorp subsidiary Harvest Pipeline said it inked a deal with the Netherlands-based Vitol to explore the joint development of a major crude storage and export terminal at the Port of Corpus. , Rotterdam (a company incorporated in The Netherlands) is the ultimate parent company. V) for developing and operating a 200,000 metric ton oil storage/terminal facility at Port Qasim Authority. Legal news and analysis on antitrust and competition. Welcome to Sirius Petroleum. Since then the company is controlled by Vitol subsidiary. The total estimated value of agreements signed between PKN ORLEN subsidiaries and companies from the Vitol group in the period between 11 February 2012 to 31 August 2012 amounts to approximately PLN 72 million. , and had acquired. Press release - DataIntelo - Oil and Gas Storage Market Business Opportunities 2026 - Top Companies are Amec Foster Wheeler, Royal Vopak, TechnipFMC - published on openPR. from Noble Group Limited for approximately $1. BKEP Crude, a subsidiary of BlueKnight Energy Partners, currently intends to put the Eagle North Pipeline System into service in the fourth quarter of 2010. According to the parent company's website, www. D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like Vitol Finance B. has agreed to acquire a liquefied petroleum gas (LPG) vessel from a subsidiary of Vitol SA, a major international oil and gas trading company. Petrol Ofisi is a leader in fuel products and distribution in Turkey. " In the order filed on July 10, the FERC. 5 million cubic metres of capacity. Sign up to our Daily newsletter. Vitol has signed a revolving credit facility worth almost US$7bn, having launched it earlier in the month at US$5bn. was incorporated on 20 October 2016 (Thursday) as a Private Company Limited by Shares in Singapore. See the complete profile on LinkedIn and discover Robert’s. Sign up to our Daily newsletter. 6 Jobs sind im Profil von Eleanor Alberts aufgelistet. Info-clipper. Glencore PLC is involved in the production, marketing, and distribution of energy, agricultural, and metal commodities. Vitol is committed to the long-term development of the LNG market. Between 2001 and 2010, Mr. of additional storage capacity in Africa. Commodities trader Vitol has agreed to buy an 85,000 barrel per day (bpd) condensate splitter in the Netherlands. Allen Inc. For Gunvor and Trafigura, their traded oil volume was around 70% each. (Tellurian) has announced that its subsidiary, Tellurian Trading UK Ltd. Petronas LNG, a subsidiary of Petronas, and Vitol Asia signed a deal last year for long-term LNG supply from LNG Canada and from the global portfolio of Petronas, to start from 2024. ’s oil trading unit are “very complicated” and may not end in a deal, the chief executive officer of Vitol said, adding to pressure on his. , a subsidiary of Vitol Holding B. VITOL HOLDING II S. If a deal is cut, the acquisition of Shell’s assets will allow Vitol to boast 1. The Dutch trading group asks not to disclose records gathered by Commodity Futures Trading Commission during its investigation on market prices manipulation. Press Release: Vitol : NOTIFICATION ON ACQUISITION OF SIGNIFICANT SHAREHOLDING On 23 August, 2017 JSC "Latvijas kuģniecība" (LSC) received a notification from Vitol Holding B. KNOC acquires Altius Energy from Vitol for US$515 million Report summary Korea National Oil Corporation (KNOC) has bought the entire share capital of Altius Holdings Inc, a wholly owned subsidiary of energy trading company Vitol Group. 2 mln barrel. “Vitol is a world leader in CER trading and this agreement is a. About The Vitol Group. (Bloomberg) — A subsidiary of Vitol Group, the biggest independent oil trader, is demanding that the U. via links of control or minority shareholdings. Bekijk het profiel van Heidi Vennekens op LinkedIn, de grootste professionele community ter wereld. We invent, build and invest in startups with the world's most influential companies. Vitol is an international energy trading and refining company that provides oil trading and marketing services for industry partners, including upstream producers and downstream retailers. Under the deal, Vitol will buy LNG from Cheniere Energy’s subsidiary Cheniere Marketing on a free on board (FOB) basis, with the purchase price for LNG indexed to the monthly Henry Hub price. Commodities trader Vitol has agreed to buy an 85,000 barrel per day (bpd) condensate splitter in the Netherlands. Vivo Energy is the company behind the Shell brand in Africa and is jointly owned by Vitol, Helios Investment Partners and Shell. The company set up its subsidiary VAS LNG in collaboration with Vitol Dubai Limited. Cheniere Energy Incorporated (NYSE:LNG) (Houston, Texas), through subsidiary Cheniere Marketing LLC, signed an agreement with Vitol Incorporated (Rotterdam, Netherlands) in which Vitol will purchase about 0. The market is facing a 200 million-barrel demand loss in the first quarter, with a 4 million-barrels-a-day decrease in China currently as the virus hits economic activity and. Vitol posts 13% rise in traded oil volumes in 2015. The strike at Long Beach California against a company called Tesoro, who just happened to buy oil from Vitol who just happened to buy oil from rebels in Libya. 7 million to settle charges that its foreign subsidiaries made illegal. RCI Financial Services Ltd With a sixty year history in the UK, RCI Financial Services is the financial services specialist for five of the UK’s leading car brands: Renault, Nissan, Dacia, Infiniti and Alpine. Poonam also acted in Vitol SA v Capri Marine Ltd [2011] 1 All ER 366 and Vitol SA v Capri Marine Ltd [2009] Bus L. The initial phase of the Vitol transaction has completed and as a consequence, Bowleven now have a 75% operated equity interest in the Etinde PermitIn the event of option exercise by. **Part-owned subsidiary, Glencore. Shell agrees sale of downstream businesses in Australia to Vitol Feb 21, 2014 Shell today announced it has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to Vitol for a total transaction value of approximately A$2. (Vitol Netherlands), had acquired a material shareholding in LSC. " In the order filed on July 10, the FERC. 1 safety data sheet huma gro® vitol section 3: composition & information on ingredients acgih osha component cas # osha hazard wt %_ tlv(twa) stel pel(twa) stel. Press release - DataIntelo - Oil and Gas Storage Market Business Opportunities 2026 - Top Companies are Amec Foster Wheeler, Royal Vopak, TechnipFMC - published on openPR. The five-year agreement with Shoreline Energy will give Vitol preferential access to physical cargoes, according to a Financial …. Capri Marine Limited, the First Defendant in this action, is a judgment debtor. Glencore PLC is involved in the production, marketing, and distribution of energy, agricultural, and metal commodities. , it has today purchased 6,355,300 common shares, common share purchase warrants exercisable into 3,000,000 common shares and debentures convertible into 3,435,000 common shares of Hillsborough Resources Limited (“Hillsborough”). This combination provides a unrivalled position and counterparty in today's global marine fuels supply sector. is located at the ExxonMobil campus in Spring, Texas. The world's largest oil trader has been expanding in the downstream and retail sectors over the last few years as it seeks outlets for its growing traded volumes. Please contact with media-related requests and inquiries only. At the centre of the affair is a joint venture called Ingma Holding NV, which was set up by Vitol's Dutch subsidiary, of which it retains 49% ownership. Already back in 2007, Vitol and Lembergs were said to have agreed on joint management of Ventspils Nafta. Instead of selling female crabs to restaurants, the P. Bismarck Rewane holds a Bachelor's degree from the University of Ibadan and is an Associate of The Institute of Bankers, England and Wales. Vitol Energy S. In this partnership, 70% of the stake belongs to Vitol. ("VTTI"), previously a wholly-owned subsidiary of Vitol, for a price of US $ 839 million. Vitol Group - Oil & Gas - Deals and Alliances Profile report is published on June 22, 2017 and has 63 pages in it. Singapore: Indian Oil Corp (IOC) has barred Switzerland-based Vitol, the world’s largest oil trading firm, from participating in its tenders and other state-run refiners may follow suit, three. The purposes of the joint venture were to increase the level of export of petroleum products and crude oil from Nigeria and to develop the expertise of NNPC's staff in all aspects of international petroleum trading and related activities. (being the holding company of producing assets in deepwater. Taylor has previously said there was no plan to turn Vitol into a public company but this year the firm will launch initial public offerings for two of its downstream joint-venture subsidiaries -- Vivo Energy and Varo Energy. Vitol Broking Limited is an active company incorporated on 26 October 1999 with the registered office located in London, Greater London. Vitol Group - Strategic SWOT Analysis Review - provides a comprehensive insight into the company's history, corporate strategy, business structure and operations. Vitol is Dutch-owned but Geneva-based and London is counted as a subsidiary office, like Singapore. The company is planning to transport LPG on its own although it has done so by chartering so far. Previously, Vital had bought a 15pc stake in Hascol for USD 28. Vitol-Group News: Vitol And KOMIPO Sign LNG Pact, Petronas, Vitol Asia Pact For LNG Supply Deal, Big Oil Set To Cash In On IMO 2020 Rules, Vitol's New Bunkering. Our Office is closed for Christmas and New Year 2020 Holiday. Read The Emails Between The Tory Government And The World's Biggest Oil Trader Duncan was then appointed as chairman of a Vitol subsidiary in February 2016 at a salary of £8,000 a month. 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. Vitol posts 13% rise in traded oil volumes in 2015. S (“Petrol Ofisi”) from OMV AG, the international integrated oil and gas company based in Vienna, subject to certain conditions precedent and relevant regulatory approvals. The agreement was concluded between PKN ORLEN and Vitol S. Louis Dreyfus Company is a leading merchant and processor of agricultural goods, leveraging its global reach and extensive asset network to deliver for its customers around the world - safely, responsibly and reliably. Brenner was with Morgan Stanley, most recently as an Executive Director in the Morgan Stanley Commodities Group. oil & gas reports, journals, news, opinion, analysis and facts and figures from the world’s most important oil and gas markets. Accused politician Aivars Lembergs and his family are alleged to have played a key role in defrauding the subsidiary of the Latvian Shipping Company (LASCO) - Latmar Holdings Corporation (Latmar) out of money. VITOL US HOLDING CO. [GENEVA] A subsidiary of Vitol Group, the biggest independent oil trader, is demanding that the US government return more than US$52 million in fuel taxes the Rotterdam-based company says was. The Vitol Group is a global energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Shell Offshore Inc. He speaks exclusively to Bloomberg's Manus Cranny in London. Vitol Asia Pte. Vitol Friday announced it has agreed to acquire OMV Petrol Ofisi Holding A. Exploration and production. Ying Xian Refinery Economist & Feed Planner at VPR Energy (subsidiary of Vitol Group) Rotterdam Area, Netherlands Oil & Energy. The Partnership, certain subsidiaries of the Partnership, VTTI B. Vitol has bought stakes in refineries through joint ventures and subsidiaries. Every day we use our expertise and logistical networks to distribute energy around the world, efficiently and responsibly. 355 million TOE. Vitol Biofuels Marketing LLC; VITOL PETRO INC. Thought to be the world’s largest commodity trader, Vitol might be expected to give some information about its activities if only in the public interest, but the company does not disclose its annual results. 4 billion sale of Vue Entertainment Ltd. Vitol has bought stakes in refineries through joint ventures and subsidiaries. This combination provides a unrivalled position and counterparty in today’s global marine fuels supply sector. , part of the Vitol Group of companies (“Vitol”) entered today into a share purchase agreement. With effect of April 2008, Duncan is also on the Board of Arawak Energy Ltd which is a 41% owned subsidiary of Vitol (of which Taylor is President & CEO). Vitocrossal 300 CU3A gas-fired floor-standing boiler with stainless steel Inox-Crossal heat exchanger and MatriX dome gas burner. Notwithstanding this, we report on our activities biannually. Vitol Tank Terminals B. OPEC, Russia and other producers, a group is known as OPEC+, have since Jan. Flex LNG Ltd. Explore shell vitol profile at Times of India for photos, videos and latest news of shell vitol. Operates Valero and Diamond Shamrock gas stations and convenience stores. The transaction was first announced on 3 March 2017. (Shell), a subsidiary of Royal Dutch Shell plc, and MOEX North America LLC (MOEX NA), a wholly owned subsidiary of Mitsui Oil Exploration Co. Vitol and Chevron are not the only company to be fined for their role in the oil-for-food scandal. Vitol enters into a Definitive Agreement to acquire Antwerp refining facilities from Petroplus VTTI and its wholly owned subsidiary Eurotank Belgium B. , one of the largest privately owned oil companies in the world , where he established the global division for petrochemical gases in Houston , Texas. In December 2008, Vitol announced its offer to buy Arawak in its entirety through Vitol subsidiary Rosco. As Glencore International, the company was. Vitol's first business relationship with Ljungberg dates back to the 1990s when it bought one of his companies; more recently, he acted as an agent, Vitol said. 355 million TOE. LONDON, May 2 (Reuters) - Commodities trader Vitol has agreed to buy an 85,000 barrel per day (bpd) condensate splitter in the Netherlands from Koch Supply and Trading, a subsidiary of U. The NNPC business operations are managed through Strategic Business and Corporate Services Units (SBUs/CSUs) in diverse locations across Nigeria. Arawak is a …. Petronas, through its subsidiary, Petronas LNG Ltd (PLL), signed a binding heads of agreement on Oct 1, 2018, with Singapore-based Vitol Asia Pte Ltd for a long-term liquefied natural gas (LNG) supply deal. Previous Article. The Mabanaft Group as an independent supplier concentrates on physical oil trading. During the 19th International Conference & Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai, Novatek Gas&Power Asia, a trading subsidiary of PAO NOVATEK, Vitol and Repsol signed of Heads of Agreement for the supply of LNG. Julian Runnicles has advised significant businesses on hundreds of complex M&A and private equity transactions, equity and equity-related financings, joint ventures, takeovers, buyouts, strategic alliances, and group restructurings in his 17 years of. , the North American subsidiary of Vitol Group -- that an FID on the project would be made in June, but was repeatedly deferred. The Second to Fifth Defendants are directors/former directors of Capri who were joined to the action in June 2008 for the purpose of the Claimant, Vitol SA's application for a third party costs order against them. As a result of our origins and the fact that the state of Baden-Württemberg and the Oberschwäbischen Elektrizitätswerken – a municipal association of regional and local authorities – are the majority shareholders in the company, we have special links to Baden-Württemberg. 5 Vitol Holding SARL is a direct, wholly-owned subsidiary of Vitol Holding BV, a privately held Dutch company engaged in the physical distribution and trading of crude oil and petroleum. Founded in 1974 as Marc Rich + Co. For buyers looking for guaranteed supply and competitive prices we are very well positioned. , a subsidiary of Vitol, since 2010. Gross turnover in 2018. ("Vitol") wishes to acquire an interest in this group of entities. 7 million to settle charges that its foreign subsidiaries made illegal. 26/08/2016, 12:02 pm. Further to its announcement of 2 November 2018, Vitol today announces that Vitol Investment Partnership II Ltd (“VIP”), an investment vehicle sponsored and managed by Vitol, and IFM Investors, a global institutional funds manager, have completed the acquisition of Buckeye Partners LP’s 50% equity interest in VTTI BV, the leading global independent provider of energy storage. Vitol's Competitors, Revenue, Number of Employees, Funding and Acquisitions Vitol's website » Vitol is an energy and commodity trading firm that engages in trading, refining, shipping, exploration, production and p. This month, Vitol secured more than 23% of Turkey's retail market after it agreed to buy Petrol Ofisi from Austrian oil firm OMV for $1. Vitol , one of the world’s largest oil traders is ready to charter vessels – which happen to be under US sanctions – for the delivery of petroleum products to Syria and the Crimea. UBS is a global firm providing financial services in over 50 countries. government return more than $52 million in fuel taxes the Rotterdam-based company says. The Vitol Group operates worldwide and is one of the largest physical oil trading companies. operates as a subsidiary of Vitol Holding B. A subsidiary of Vitol Group, the biggest independent oil trader, is demanding that the U. He qualified as an independent floor trader on London International Financial Futures Exchange and Sydney Futures Exchange in 1989. 10 Vitol Holding BV is a privately held Dutch energy and commodities trading firm with over 40 offices. ("Flex LNG" or the "Company") (NYSE/OSE: FLNG) today announce that one of its subsidiaries has entered into a long-term time charter with Clearlake Shipping Pte Ltd, a subsidiary of Gunvor Group Ltd ("Gunvor"). , a company owning a share in oil fields offshore Nigeria. Ever since that shift, the company migrated its Eastern businesses into this main entity. In 2017 Vitol agreed to buy OMV Petrol Ofisi (gas stations) for $1. The purchase price for the LNG will be indexed to the monthly price at Henry Hub in the US and will also include a fee, they said. Viva Energy, the Vitol subsidiary that now owns what was Shell’s Geelong refinery, its petrol stations and its wholesaling business, says it has earmarked about $300 million to increase its. Vitol, the world’s largest independent oil trader, will lead a $530m oil-for-loan deal with Shoreline, a Nigerian energy company, as the commodity house helps to extend large financing facilities to private players as well as cash-strapped states. Hilcorp subsidiary Harvest Pipeline said it inked a deal with the Netherlands-based Vitol to explore the joint development of a major crude storage and export terminal at the Port of Corpus. Advised Vitol, Inc. The local offices are renowned for being run as. 30 a barrel for jet fuel, US$24. S B Collins Inc. – Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report Project Synopsis: MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. IFM Investors is one of the few truly aligned fund managers in the world. Vitol is a Delaware corporation with its principal place of business in Houston, Texas. Vitol has announced VIP Turkey Enerji AS, a subsidiary of Vitol Investment Partnership Ltd has completed its acquisition of OMV Petrol Ofisi Holding A. Vitol's first business relationship with Ljungberg dates back to the 1990s when it bought one of his companies; more recently, he acted as an agent, Vitol said. Akin Gump Advises Sistema on Subsidiary’s Sale of 23. Back then, the EU had already imposed sanctions on Iranian oil trades. View Hao Wen Chong’s profile on LinkedIn, the world's largest professional community. 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. Highlights Vitol Holding BV (Vitol) is a trader of energy and commodities. He speaks exclusively to Bloomberg's Manus Cranny in London. officials have accused the Rosneft subsidiary of propping up the Venezuelan oil sector and engaging in ship-to-ship transfers to actively evade American sanctions. Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today that its subsidiary, Tellurian Trading UK Ltd. Vitol is an energy and commodities company. The DRC is home to one of the world’s main copper-mining regions: the African Copperbelt. The sale shares are held by Noble Group Ltd. has agreed to buy OMV AG’s 100%-owned fuel-distribution subsidiary in Turkey for €1. , and had acquired. " In the order filed on July 10, the FERC. And one of the pending transactions to be affected is the sale by Brazil’s state-owned oil firm, Petrobas of its stake in some Nigerian oil fields. Vitol Group paid a record of more than $1. , not beneficially owned by Vitol Anker and its affiliates, for cash consideration of $0. Connecting for Good is about combining Vodafone's charitable giving and technology to make a difference in the world. The purchase price for the LNG will be indexed to the monthly price at Henry Hub in the US and will also include a fee, they said. Vitol's revenue is the ranked 4th among it's top 10 competitors. Vitol on or before 30 September 2010 this will be reduced to a 50% interest, , with Vitol expected to take over the operatorship of the Permit. (the Vitol Group) and delivered safely and reliably nationwide through our network of more than 22 fuel import terminals around the country. Panjiva helps you find, evaluate and contact buyers of vitol. 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, mining and retail businesses. 10 Vitol Holding BV is a privately held Dutch energy and commodities trading firm with over 40 offices. The sale shares are held by Noble Group Ltd. KUALA LUMPUR: Petronas, through its subsidiary, Petronas LNG Ltd (PLL), signed a binding heads of agreement on Oct 1, 2018, with Singapore-based Vitol Asia Pte Ltd for a long-term liquefied natural gas (LNG) supply deal. Vitol said last year 80% of its revenues came from oil and refined products. Vitol Central Asia currently exports all of the oil from the Ayrankol Field exploited by the company Kaspyi Oil - which in turn is 100% owned by Timur Kulibayev. This site (including its related subdomains (collectively the "Site") is for your personal use and information. He possesses a vast experience as being affiliated with oil industry especially in Middle east and has worked for renowned companies such as Libyan Emirates Oil refining company and AlGhurair. The company admits it allowed its Bahraini subsidiary to buy a cargo of fuel oil of Iranian origin in July, 2012. 5 days consultancy a month. 5 million tons per year of liquefied gas from its proposed Driftwood LNG export.