Vitol, a Dutch energy and commodity trading company based in Switzerland, has agreed to acquire interests in oil and gas ...

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Commodities group Vitol saw revenue eroded in 2024 as oil volumes fell in less volatile markets. The trader and shipowner said turnover was down to $331bn last year, against $403bn in the previous 12 ...

Any lifting of sanctions on Russian energy is likely to be slow and patchy, meaning a return of its oil and gas to markets ...

Executives from the world's top commodity trading houses expect a well-supplied oil market this year, with concerns remaining ...

Donald Trump sparked some bullish sentiment in oil markets this week by putting sanctions on Venezuela - threatening global supply of heavy oil.

Schneider Electric is set to invest over $700mn in the US energy sector over the next couple of years, the largest single planned investment in the company’s 135-year history in the American market.

Energy Minister Hon. Makozo Chikote has addressed concerns raised over alleged monopolistic practices in the use of the TAZAMA Pipeline storage facilities, following reports that Agro Fuel Investments ...

European oil refineries will have to adapt to the energy transition or face a heightened risk of closure by 2035, a panel of executives said at the Financial Times Commodities Global Summit in ...

During a Senate hearing on Monday, WAPA officials outlined potential changes that include raising the amount of property tax ...

Vitol Group, the world's largest independent oil trader, has submitted an application to acquire PDV Holdings Inc., the parent company of Citgo Petroleum Corp., which is a key foreign asset Venezuela.

Richard Holtum, who succeeded Jeremy Weir as boss of Trafigura in January, sees company as ultimate ‘shock absorber’ in ...