Get near real-time access to futures pricing, major energy stocks, and related articles and insights.

Vitol Group

About

Vitol is a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon. It trades around 7 million bbl/d of crude oil and products and, at any time, has 250 ships transporting its cargoes.

Vitol’s clients include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including: circa 16mm3 of storage globally, 480,000 bbl/d of refining capacity, 7,000 service stations and a growing portfolio of transitional and renewable energy assets.

Editor's note: Updated April 30, 2021.

Headquarters Address

Switzerland

Transactions

Report Date Amount (MM) Description
2021-04-30 --

Vencer Energy Makes Debut with Acquisition of Hunt Oil’s Permian Position

Vencer Energy Makes Debut with Acquisition of Hunt Oil’s Permian Position

Report Date Amount (MM) Description
2021-04-19 --

Vitol Acquires First Large US Wind Asset from BlackRock

Vitol Acquires First Large US Wind Asset from BlackRock

Report Date Amount (MM) Description
2017-01-04 $1,150.00

Buckeye Partners Buys Half Of VTTI BV Marine Terminal For $1.15 Billion

Buckeye Partners Buys Half Of VTTI BV Marine Terminal For $1.15 Billion

Report Date Amount (MM) Description
2016-09-26 $760.00

Vitol Bucks Trend, Backs Out Of Permian

Vitol Bucks Trend, Backs Out Of Permian

2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

Locked Data

Subscribe to Access

Instantly unlock over 15 years of A&D transactions and financing data.

News

Exxon, Vitol Execs: Marrying Upstream Assets with Global Trading Prowess

Global commodities trading house Vitol likes exposure to the U.S. upstream space—while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.

Vitol: Oil Demand Peaks in 2030s, Saudis to Quit Supply Cut This Year

Vitol executive Ben Marshall told oil and gas producers at IPAA’s Private Capital Conference that Saudi Arabia is losing patience. Also, the energy transition will take longer than expected.

Civitas Resources Closes $2.1 Billion Vencer Energy Deal

Civitas Resources’ acquisition of the Permian Basin’s Vencer Energy will account for half of Civitas’ total production.

After Record Year, Permian Basin Set for Even More M&A in 2024

The big have grown bigger and Tier 1 acreage is even pricier in America’s hottest oil basin.

Shale Outlook: Scarce Inventory to Drive Upstream M&A in ‘24

Permian Basin well productivity has trended down. Top-tier drilling locations are scarce. Capital is at a premium. E&Ps need low-cost inventory and scale, and they’re willing to pay big bucks to get them.

Chesapeake Inks Long-Term LNG Supply Agreement with Vitol

Chesapeake is furthering its LNG strategy, inking a long-term supply agreement with global commodities trader Vitol.

Civitas Bolts on Midland Assets for $2.1 Billion

Civitas Resources is acquiring approximately 44,000 net acres in the Permian’s Midland Basin from Vencer Energy for approximately $2.1 billion.

Exclusive: VTX Energy Adds More Southern Delaware Acreage, CEO Says

VTX Energy Partners, backed by Swiss energy trader Vitol, is expanding its southern Delaware Basin footprint to 47,000 net acres through a bolt-on acquisition, CEO Shepherd says. 

VTX Energy to Spend Billions on Acquisitions as Capital Providers Remain on Sidelines

The flight of capital from the E&P space is among the limiting factors keeping the U.S. from responding to the growing global demand for crude and natural gas, VTX Energy CEO Gene Shepherd told DUG Permian and Eagle Ford attendees.

Vitol Backs New Shale Firm with Formation of VTX Energy Partners

VTX Energy Partners will complement Vencer Energy, Vitol’s existing upstream partnership in the Midland Basin, says Ben Marshall, head of Vitol Americas.

Vencer Energy Makes Debut with Acquisition of Hunt Oil’s Permian Position

The acquisition—Vencer Energy’s first since its launch by energy trader Vitol last year—comprises Hunt Oil’s Midland Basin position covering 44,000 acres across the Permian in West Texas.

Vitol Acquires First Large US Wind Asset from BlackRock

The acquisition of Big Sky Wind from a fund managed by BlackRock will be Vitol’s first large U.S. wind generating asset and adds to its growing renewables portfolio, in the U.S. and globally.

Energy Trader Vitol Enters US Oil, Gas Upstream

Vencer, led by industry veteran Don Dotson, will seek to buy mature, producing oil and gas assets, in key U.S. basins.

US Energy Exports To Climb As China Pledges Ramp-Up In Purchases

Quantities were not specified in the accord and analysts were unclear how quota sales will work.

Oil, Gas Companies Preparing For The Impact Of The Energy Transition

Renewable energy methods such as solar and wind will almost certainly impact the amount of oil and gas consumed and therefore could lower pricing, some experts believe.