Vitol

Vitol is a leading global energy and commodities trading company, established in 1966 in Rotterdam, Netherlands. It has become the largest independent energy trader worldwide, generating approximately $400 billion in revenue in 2023. With over 40 offices globally, major hubs include Geneva, Houston, London, and Singapore. The company specializes in trading, logistics, and distribution of energy products, focusing on crude oil and refined petroleum. Vitol ships more than 350 million tonnes of crude oil annually and operates a fleet of around 250 vessels, managing a significant volume of oil comparable to Japan's daily consumption. Its core operations encompass energy trading, logistics, refining, storage, power generation, and renewable energy projects. Vitol serves a diverse clientele, including national oil companies, multinational corporations, and utilities, while emphasizing responsible business practices and strong partnerships.