Vitol | Egypt Oil & Gas

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

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

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

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

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

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

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

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

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 ...

Ghana’s New FSPO to Operate in Tano Basin

Ghana has named the Floating Production, Storage and Offloading (FPSO) vessel 'John Agyekum Kufuor' commissioned by Eni, Vitol, and Ghana National Petroleum Corporation (GNPC). John Agyekum Kufuor was Ghana’s former ...

Vitol to Loan Iran $1b for Refined Oil Products

The National Iranian Oil Company (NIOC) finalized a deal with the world's largest oil trader, Vitol, loaning Iran about $1.05b guaranteed by future exports of refined products.

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