Vitol

Vitol Group, a large commodity trader, has secured exclusive agreements to supply fuel to at least five countries in southern and East Africa. This gives Vitol a dominant position as the sole supplier to this region, which relies heavily on imported fuel for its vehicles.

Vitol Group and Cargill Inc. have stopped trading with Radiant World, a private firm that has become one of the world’s largest iron ore traders. Glencore Plc is also no longer doing new business with the company due to concerns over fake invoices.

Venezuela is exporting over 1.2 million barrels per day of crude and fuel, up from 847,000 bpd in 2025. PDVSA is shifting its business model from trading houses to direct contracts with refiners and joint-venture partners. Vitol and Trafigura previously handled more than 100,000 bpd of Venezuelan crude.

Commodity trading giant Vitol Group paid out $5.9 billion to its executives and senior staff through share buybacks in 2025, despite its profits declining by more than half to $4.2 billion.

Nasan Energies, a Namibian fuel retailer that acquired stations from Vitol Group, plans to expand its operations to support Namibia’s offshore oil industry, which includes companies like TotalEnergies SE and Shell Plc.

Vitol secured an emergency fuel supply deal in Zambia, which the International Monetary Fund (IMF) has questioned. The article references infrastructure at a gas storage facility, including pipework and valve wheels.

International oil trader Vitol operates as a single entity in Namibia despite maintaining multiple companies and operational subsidiaries.

Vitol has warned that gasoline could be the next fuel to face a supply crunch. The article references a driver refueling a vehicle in Columbus, Ohio, as a contextual example.

Vitol's top executive in the Middle East stated that Western governments, including Europe and the US, are not addressing the global oil supply crunch caused by the blockade of the Strait of Hormuz.

Vitol secured a fuel supply deal in Namibia from July to September. Cleanergy Solutions, a joint venture between Compagnie Maritime Belge SA (CMB) and Ohlthaver & List Group, is constructing Namibia's first commercial green hydrogen plant for $30 million, with plans to raise $3.5 billion for an ammonia plant linked to a Port of Antwerp-Bruges export facility.

Vitol has increased real-world US gas trading more than most rivals, with a presence in Erath, Louisiana, which hosts a natural gas pipeline distribution hub. This development suggests Vitol's growing influence in the US gas market. The company's activities are focused on enhancing its trading capabilities.

Vitol is offering Iraqi oil outside of Hormuz, indicating that ships may be exiting the area. This development suggests a shift in the oil market. The news is related to the Nahr Bin Umar Oil and Gas Field in Iraq.

Vitol is turning to Mexico for oil due to war disrupting the crude market. Pemex has reduced runs at its domestic refineries for the second month after an April fire. Air quality issues have also led to curtailment of runs at another plant.

Vitol, a major energy trading company, reported strong performance despite challenges during the early stages of a conflict, according to CEO Russell Hardy. The company managed to navigate initial disruptions effectively, as highlighted by its leadership.