SOCAR and Vitol agree on the transit of Turkmen oil
SOCAR Trading and Vitol are close to concluding an agreement on the supply of approximately 1 million tons / year of Turkmen oil to Ceyhan….
Turkmenistan oil transit via Russia to halve from Oct as Vitol redirects flows
International trading firm Vitol and Azerbaijan’s state SOCAR have agreed to transport Turkmen oil volumes via Baku-Tbilisi-Ceyhan (BTC) pipeline which will result in a sharp…
Oil Trading Giant Looks To Enter The Permian Through Major Asset Sale
Commodity trading major Vitol is reportedly negotiating a deal to acquire the oil wells of Hunt Oil Co. in the Permian Basin. According to Bloomberg, which…
Vitol: Oil demand to grow for 10 years
Global oil demand will continue growing for another decade but near-term consumption of jet fuel to pre-2019 levels will take “some time”, said Vitol, the…
Cheniere and Vitol sign 15-year LNG SPA
Cheniere Energy, Inc. (“Cheniere”) announced today that its subsidiary Cheniere Marketing, LLC (“Cheniere Marketing”) has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Vitol…