Explore the report to find out more about the Group's strategy, highlights of the year and key figures. We have access to storage in strategic locations all over the world, enabling us to optimise the flow of energy worldwide. Energy solutions tailored for Africa [English] 28 May 2020. Download pdf (pdf 16 MB) Sustainability Report - 2019. The company is privately held by about 350 employee-shareholders who enjoy hearty dividends ($820m in 2015). Vitol is also part of a consortium which is in the process of acquiring oil producing assets offshore Nigeria from Petrobras Oil and Gas B.V. Every year we charter 7,000 journeys, giving us a unique insight into shipping flows and trends. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Vitol Holding B.V.. 74 million tonnes of CO2(1.4 times more than the total greenhouse gas emissions of Switzerland. The project will provide 180MMscf of gas per day for at least 15 years. We are supportive of the need to move to more renewable sources of energy. As part of our policy of increasing transparency, commencing with the 2013 annual report, interim and annual reports are available online. Inside Vitol: How the World's Largest Oil Trader Makes Billions In its 50-year history, the publicity-shy energy company hasn't seen an annual loss. Annual General Meeting ... 2020 interim financial report. Traded volumes of crude oil and products rose to 7.4 million barrels per day which, combined with the increase in the underlying price of … PDF document. Vitol’s culture originated over 50 years ago with our founders and their combination of entrepreneurship, determination to succeed, integrity, hard work and humility. Vitol, run out of London, is the world's largest independent oil trader, trading some 8 million barrels of oil a day. By Reuters Staff. 31 Jul 2020. We have a long history of building partnerships worldwide and working collaboratively to find optimal solutions. Vitol claims to have “become one of the world’s top 5 coal traders.” The total estimated value of the coal traded by Vitol is USD 2.4 billion. 2020 Annual Report. Vitol Foundation Report. Vitol’s performance in 2018 was stable. Vitol is an energy and commodities company. Vitol SA explores and produces oil and gas products. Highlights: • Crude oil and product volumes increase to 7.4 million barrels per day • IPOs for Viva Energy and Vivo Energy • Re-acquisition of 50% of VTTI (with IFM Investors) • First investment in Brazilian downstream sector. There is no trace of Ingma Holding BV, a joint venture that specialises in the oil business, in Vitol’s company brochures or on its website. Latest companies and documents filed with the Security and Exchange Commission Clarification on Trafigura's investment in Porto Sudeste Do … With revenues of $231 billion in 2018, [10] it is the largest independent energy trader in the world, and would rank ninth on the Fortune Global 500 list. Now business is … D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like Vitol Central Asia SA around the world, including contacts, financials, and competitor information. We are cognisant of the increasing move to alternative sources of energy and are considering how our skillsets can best be deployed in these new areas. These assets represent fractional interests in fields that produce circa 20% of Nigerian production. Our downstream investments comprise circa 7,000 retail sites across five continents, as well as the provision of products to key sectors including mining and aviation. Also with Low Carbon, we announced our intention to invest in renewable energy assets across Europe, with a focus on large-scale wind generation. latest filed accounts (original documents), financial statement with balance sheet, assets, etc... (up to the last 3 years) shareholders, directors, beneficial owners (if filed), articles of association and full detail of … Traded volumes of crude oil and products rose to 7.4 million barrels per day which, combined with the increase in the underlying price of oil, resulted in turnover of $231 billion. Overall oil and gas production is ramping up to 85,000 barrels of oil equivalent per day. For over 50 years we have used our networks and infrastructure to manage the flow of energy around the world, efficiently and responsibly. Vitol is part of a consortium that agreed to buy Petrobras’s interests in two major Nigerian oil blocks that produce around 370,000 bpd for $1.41 billion. The largest and only investment include Scorpio Tankers worth $4.12 million. The Company offers refining, trading, shipping, storage, downstream, upstream, and power generation services. Presentation - Vitol SA Nature of business: One of the world's largest independent energy trading companies, we find, extract, trade, refine, store and transport materials and resources from where supply is abundant to where demand is great. There is currently 1 company in Mr. Fransen’s portfolio. We anticipate this transaction will close later this year. Vitol Central Asia SA has 10 employees at this location and generates $7.79 million in sales (USD). Nestlé stands for Good food, Good life. Vitol is an energy and commodities company. PDF document. Our people are our business. Vitol serves customers worldwide. We source, distribute, market and supply Shell’s world-class fuels and lubricants to retail and commercial customers across the continent. In January, we completed our acquisition of Noble Americas, which has contributed to our overall increase in volumes. We are a leading supplier of high-quality bunker fuels as well as a bunker tanker owner, manager and operator with extensive experience. Early in the year stocks reached the OPEC target of a five year mean which, along with buoyant economic data, lent support to prices. We continue to optimise our complementary asset portfolio. Financial leadership. As a major participant in Europe’s power markets, it is important that we understand and participate in renewable power generation. Vitol Sarl 13F annual report Vitol Sarl is an investment fund managing more than $4.12 million ran by David Fransen. Tuesday, 19 March, 2019. 21 Apr 2020. Save. The greenhouse gas emitted by the burning of this coal amounts to the annual equivalent of approx. VITOL HOLDING II S.A. has 1 employees at this location and generates $177,914 in sales (USD). Interview with Jeremy Weir Trafigura CEO on the company's strong performance and continue growth throughout 2020. Download pdf (pdf 5 MB) In 2019 we saw solid results in challenging pricing conditions for our key commodities, supported by an excellent oil marketing performance. Founded in Rotterdam in 1966, today Vitol trades over eight million barrels of crude oil and products a day. 420 kb EN First-half 2020 : Immediate measures limiting Covid-19 crisis aftermath and permanent initiatives to accelerate rebound. By using the Vitol website, you accept, Health, Safety, Environment, Human Rights and Communities (HSEC). It is active in "wholesale of solid, liquid and gaseous fuels and related products". 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. Vitol is invested in refineries worldwide that have a total refining capacity of 480,000 barrels per day. However, due to unfavourable market conditions, it was decided not to proceed. Vitol serves customers worldwide. 1 dated June 23, 2020) and preliminarily approved by the Board of Directors of PJSC LUKOIL (Minutes No. 8.4.2020. The decision by the US to re-impose sanctions on Iran caused prices to rally again at the end of the third quarter, after a modest decline in July. We have managed and developed projects across a range of complex and diverse geographies, our current flagship project is Sankofa Gye Nyame, offshore Ghana. Vitol’s culture is integral to the business. There is no trace of Ingma Holding BV, a joint venture that specialises in the oil business, in Vitol’s company brochures or on its website. Financial leadership. In January, our joint-venture with Low Carbon, VLC Energy, completed the construction of the UK’s largest battery park portfolio, a key resource for a system looking to build its renewable capacity. Finally, I wish to thank our customers, stakeholders and colleagues for their support. For over 50 years we have used our networks and infrastructure to manage the flow of energy around the world, efficiently and responsibly. We work with partners to support and supply global energy flows, moving energy responsibly, safely and cost effectively around the world. The Annual Report of PJSC LUKOIL is approved by the Annual general shareholders meeting (Minutes No. Financial data, documents and shareholder information of Vitol Holding Ii SA, (hold), in 5 Rue Goethe Luxembourg, Luxembourg, Vitol werd in 1966 opgericht door de Rotterdamse kolenhandelaar Henk Viëtor. 1 Min Read. Our LNG business continues to grow; volumes increased to 7.8 million metric tonnes and we signed a number of long-term marketing and supply agreements with market participants worldwide, establishing a solid platform for growth as the market evolves. There are 102 companies in the Vitol SA corporate family. It defines how we work, how we behave and how we interact with our customers, our partners and our communities. 9 dated May 18, 2020). Vitol is an energy and commodities company. Ivan Glasenberg, CEO. According to an Annual Report filed by its affiliate Blueknight, in 2016, Vitol: "Following the relaxation of Iran related sanctions on January 16, 2016 an affiliate of Blueknight, Vitol Bahrain (VBA), has undertaken transactions with Iranian state controlled companies. BRIEF-Vitol SA Reports 2017 Turnover Of $181 Billion. Statement from Russell Hardy, Group CEO, Vitol: Vitol’s performance in 2018 was stable. For financial reporting, their fiscal year ends on January 31st. In a short message from a Vitol trader based in London, received on 27 April 2011, the 2009 and 2010 financial reports of Ingma Holding BV were attached. 2020 Annual Report. Vivo Energy is the company behind the Shell brand in Africa and is jointly owned by Vitol, Helios Investment Partners and Shell. Annual Report - 2019. Talent is precious to us and we strive to create an environment in which individuals from a diverse range of backgrounds can reach their full potential. In a short message from a Vitol trader based in London, received on 27 April 2011, the 2009 and 2010 financial reports of Ingma Holding BV were attached. 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. Modern Slavery Policy 2019/20. Upstream, our Ghanaian project, in which we are partnering with GNPC and Eni, continues to progress well, with first gas delivered in August 2018. However, at present, we do not see how this can be achieved across all sectors in the near to mid-term, without halting economic development in large parts of the world. Vitol is invested in a range of renewables projects, including wind, solar and renewable natural gas and continues to seek opportunities across geographies. Vitol Holding BV Add to myFT ... Report forecasts margins to fall further unless industry invests in new technology. Technology has played a key part in the development of the business to date and we are seeking to ensure that we leverage its capabilities to enhance our trading and our internal processes and controls. Our presence is growing in line with the increasing importance of these markets as we transition to new energy solutions. Vitol's Annual Report & Profile shows critical firmographic facts: ... Hellenic Petroleum SA. This site uses cookies to provide you with a great user experience. [11] D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like Vitol SA around the world, including contacts, financials, and competitor information. De Vitol Group is een wereldwijd opererend Nederlands handelsbedrijf in grondstoffen.Het is tevens actief in de exploratie en productie van olie en gas alsook het genereren van elektriciteit.Het hoofdkantoor is in het Zwitserse Genève gevestigd.. Activiteiten. By using the Vitol website, you accept, Health, Safety, Environment, Human Rights and Communities (HSEC). Our business is founded on the long-term relationships we’ve built with our customers, on our expertise, market understanding and reputation for reliably delivering the required products, on time and to specification. For over 50 years we have used our networks and infrastructure to manage the flow of energy around the world, efficiently and responsibly. 38 Vitol S.A. reviews. Fundamentals through 2018 were broadly balanced, much more so than the evolution of flat price over the year would suggest. We continuously review our way of working and seek to improve our performance across a range of metrics, every day. Varo Energy, in which Vitol has a 33% shareholding also announced its intention to list on Euronext Amsterdam. As the company has grown, the company’s leadership has been mindful to preserve and evolve the elements it believes to be both the foundations of a successful business and conducive to a pleasant and constructive working environment. This site uses cookies to provide you with a great user experience. Statement on the financial restructuring of Nyrstar. In May 2010, Vitol sold half of VTTI to MISC Berhad, of Malaysia. Crude oil volumes, which continue to represent the largest part of our business have risen to 3.8 million barrels a day, an increase of 1.5 million barrels a day over the last five years. Vitol | 58,979 followers on LinkedIn. In November we announced the acquisition of 50% of VTTI, the terminals company we founded in 2006, from Buckeye Partners by Vitol Investment Partnership II, an investment vehicle sponsored and managed by Vitol and IFM Investors. 74 million tonnes of CO2(1.4 times more than the total greenhouse gas emissions of Switzerland. It characterises the way our people work, creates an optimal working environment and underpins its success. We are a trusted partner, moving energy safely, securely and cost-effectively all over the world. Company profile page for Vitol Holding BV including stock price, company news, press releases, executives, board members, and contact information Demand growth, at 1.4 million barrels a day, was strong, but offset by a large increase in non-OPEC (largely US) production, especially in the second half of the year. Responsibility is core to our culture. D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like VITOL HOLDING II S.A. around the world, including contacts, financials, and competitor information. It is classified as operating in the Petroleum & Petroleum Products Merchant Wholesalers industry. Vitol SA explores and produces oil and gas products. Vitol established its own storage and terminal subsidiary, VTTI, in 2006 and invested heavily to create a major international network of terminals at key trading hubs. In the meantime, we are investing in new and established technologies which may form an important part of the energy transition. About us. These remain interesting businesses and we retained a significant shareholding in both. Overall volumes held steady at just over 7 million barrels per day and turnover rose to $181 billion on the back of an increase in the average oil price over the course of the year. There is an increasing focus on the long-term outlook for oil demand. Read the full CEO's review. Gain insight into how innovation and digitalization are helping to drive the now and next of Nestlé's development. Every day we use our expertise and logistical network to distribute energy around the world, efficiently and responsibly. Clarification on Trafigura's investment in Porto Sudeste Do Brasil. We continue to manage our business prudently with a focus on the careful management of both physical and financial risks. The subsequent gradual increase in OPEC 11 production in 4Q, along with continued increases in US production and a more dampened political and economic outlook for 2019 led to an unprecedented liquidation in length by financial participants which dragged prices down sharply at year-end. Vitol has 40 offices worldwide and its largest operations are in Geneva, Houston, London, and Singapore. VTTI has 13 terminals on five continents with around 8.5 … Our market leading position is built upon long-term relationships, on our expertise, market understanding, focus on solutions and reputation for reliability. The Company offers refining, trading, shipping, storage, downstream, upstream, and power generation services. Responsibility defines how we work, how we behave and how we interact with our customers, our partners and our communities. Extended Company Report with Annual Accounts : Includes. Vitol SA has 170 employees at this location and generates $132.37 million in sales (USD). Its identification number UID is CHE-107.746.845. During 2018 Viva Energy Australia and Vivo Energy, our Australian and African downstream businesses, listed on the Australian Stock Exchange and London and Johannesburg Stock Exchanges respectively. Vitol is a leader in the energy sector with a presence across the spectrum; from oil to power, renewables and carbon. We work with partners to support and supply global energy flows, moving energy responsibly, safely and cost effectively around the world. Annual reports including annual financial reports On this page, TOTAL SE gives you access to its annual reports, and notably the Universal Registration Document (ex Registration Document) including the Annual Financial Report. Vitol continues to perform solidly. Vitol claims to have “become one of the world’s top 5 coal traders.” The total estimated value of the coal traded by Vitol is USD 2.4 billion. Vitol SA is a limited company based in Genève, in the canton of Geneva, founded in 1972. It is on our people’s expertise, innovation, drive and relationships that we depend for the development and growth of our business. Product volumes have been mixed, with a 30% increase in gasoline volumes to 44 million metric tonnes largely offset by some decline in fuel oil and naphtha volumes. 1 Jun 2020. A free inside look at company reviews and salaries posted anonymously by employees. Vitol was founded by Henk Viëtor and Jacques Detiger in 1966. Vitol has been trading oil and petroleum products for over 50 years. Vitol Holding B.V. is registered with the U.S. Security and Exchange Commission and incorporated in the state of Netherlands. Trafigura 2020 EMTN Programme. Financial KPIs. We anticipate that oil demand will continue to grow for the next 15 years, even with a marked increase in the sales of electric vehicles, but that demand growth will begin to be impacted thereafter. The greenhouse gas emitted by the burning of this coal amounts to the annual equivalent of approx. Crude and product trading volumes (excluding LNG and LPG) increased slightly to 357 million metric tonnes (2017:349m mt), increasing our daily traded volumes to 7.4 million barrels per day. We have a strong and growing presence in 16 countries across Africa. 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. Vitol's annual revenues are over $500 million (see exact revenue data) and has 100-500 employees. Vitol’s culture originated over 50 years ago with our founders and their combination of entrepreneurship, determination to succeed, integrity, hard work and humility. Interview with Jeremy Weir Trafigura CEO on the company's strong performance and continue growth throughout 2020. Emissions Reporting and Material Payments made to Government Authorities by Vitol Upstream Ghana Limited in 2019 – OCTP Project. Mb ) Sustainability report - 2019 Holding BV Add to myFT... report forecasts margins to fall further unless invests. Completed our acquisition of Noble Americas, which has contributed to our overall increase volumes... 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