Eni Taps Dual Exploration Model with 30% Baleine Stake Sale to Vitol

• Thursday, 25th September 2025
• by Fatma Ahmed

Eni has finalized the sale of a 30% stake in Côte d’Ivoire’s Baleine project to Vitol, the company confirmed. Following the transaction, the ownership of the country’s flagship offshore development will be divided ...

Eni, OCTP Partners Join Forces with Ghana to Power Energy Growth, Sustainability

• Wednesday, 17th September 2025
• by Fatma Ahmed

Eni and its Offshore Cape Three Points (OCTP) project partners, Vitol and the Ghana National Petroleum Corporation (GNPC), have signed a Memorandum of Intent with the Government of Ghana, to boost oil and gas prod ...

Vitol to Acquire a Portion of Eni’s Assets in Cote d’Ivoire, Congo

• Thursday, 20th March 2025
• by Fatma Ahmed

Under a new agreement, Vitol will acquire interests in a number of assets owned by Eni in Côte d’Ivoire and Congo for an aggregate consideration of $1.65 billion at 1 January 2024, with standard cash adjustment at ...

Qatar Petroleum to Supply 1.25 mmt of LNG for Bangladesh

• Monday, 22nd February 2021
• by Editorial Team

Qatar Petroleum held a long term sale and purchase agreement (SPA) with Vitol to supply its final customer in Bangladesh with 1.25 million tons per year (mmt/y) of liquefied natural gas (LNG).

Vitol to Refine Algerian Oil

• Wednesday, 17th January 2018
• by Sarah Samir

Vitol would receive around 2 million barrels per month of Algeria’s light crude oil and would send it back as gasoline and gasoil until the end of 2018.

Egypt to Award LNG Tender to 4 European Firms

• Tuesday, 7th November 2017
• by Sarah Samir

The Egyptian Natural Gas Holding (EGAS) will purchase 12 cargoes of liquefied natural gas (LNG) from multiple European traders

Vitol, Gunvor to Acquire Petromac in Mozambique

• Thursday, 8th June 2017
• by

The state-owned fuel distributor has struggled to reliably supply Mozambique with fuel due to cash shortages.

Equatorial Guinea Shortlists Petroleum Firms for Off-take Agreement

• Tuesday, 6th June 2017
• by

Shell, Gunvor and Vitol were shortlisted for an off-take agreement at the Fortuna floating liquefied natural gas (FLNG) export terminal.

Nigerian Vitol Sells 4m Oil Barrel, Supply Glut Eases

• Monday, 6th March 2017
• by

Vitol Group BV is offering to sell Nigerian crude oil from a storage terminal in South Africa, in what may be a signal that the global supply glut is beginning to ease.

ADNOC, Vitol Signed 10-Year LPG Agreement

• Wednesday, 22nd February 2017
• by Editorial Team

The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Vitol, the world’s largest independent energy trader, for the sale of up to 528,000t/y of liquefied petroleum gas (LPG), to Vitol over the next ...