Vitol Subsidiaries

Trafigura is involved in paper trading through its subsidiary Galena Asset Management, which was set up in 2003 to invest in commodity funds. The most recently filed accounts, for Mercuria Energy Limited and Vitol Broking Limited - both UK subsidiaries of the larger commodities trading companies Mercuria and Vitol - show that in the. 2010 - NEWS September 10, 2010 [Opis] - Cushing crude terminal owner and operator, Blueknight Energy Partners LP, has entered a crude throughput capacity agreement with Vitol Inc. The deal is conditional upon approval from the Mozambique government. VIP Turkey Enerji AS, a subsidiary of Vitol Investment Partnership Ltd, has agreed to acquire OMV Petrol Ofisi Holding A. 26m shares of Hascol Petroleum Limited for Rs126m. 21 For Nigeria, Calson and Vitol proved to be just as important, because together the two supplied 22. Glencore/Xtrata's activities in Colombia under their subsidiary, Prodeco, was investigated by the Netherlands-based NGO, Pax for Peace. This service is produced by Kompass. VTTI has 13 terminals on five continents with around 8. Vitol Holding II SA is a company registered in Luxembourg. The Partnership, certain subsidiaries of the Partnership, VTTI B. By focusing on the efficient use of energy, it helps to reduce costs and conserve resources as well as the environment. Find company research, competitor information, contact details & financial data for Vitol Holding B. Vitol announced that VIP Turkey Enerji AS, a subsidiary of Vitol Investment Partnership Ltd, has agreed to acquire OMV Petrol Ofisi Holding A. Shell, Vitol Lead Top 10 Charterers of Product Tankers: OPIS Analysis Posted in Tanker and Oil Industry by Michelle Wiese Bockmann on Feb 06, 2015 at 13:05. Contractor and engineering company serving the power and energy sectors. Pressure on Noble Group as Vitol Says Oil Deal ‘Complicated‘. The Dublin-based industrial-equipment maker prohibits non-U. , none of which are named defendants in the Complaint, successors, past and present officers, directors, and employees (each, a "Related Entity"),. They say he was a key agent who secured business for Vitol and other firms by funneling bribes to Petrobras traders, in particular to one in Houston. Simmons & Company International, Energy Specialists of Piper Jaffray, served as exclusive financial advisor to Koch Supply & Trading in connection with the transaction. Vivo Energy is the company behind the Shell brand in Africa and is jointly owned by Vitol, Helios Investment Partners and Shell. ETF Market Report: 3rd Quarter 2019. Vitol is an established participant in LNG markets globally and this development will strengthen our offering to customers world-wide. and the oil upstream subsidiary of U. Rosneft Trading SA, a subsidiary of Russian oil producer Rosneft, has sold a 100,000 tonne cargo of contaminated oil to energy trader Vitol with a discount of more than $25 per barrel to dated. A wholly owned subsidiary, Green Investment Group Management Limited, is authorised and regulated by the Financial Conduct Authority. Vitol Tank Terminals International B. ” Sunoco Logistics is a subsidiary of Sunoco Partners LLC, which in turn is owned by Energy Transfer Partners LP and Energy Transfer Equity LP. 5 mtpa of liquefied natural gas (LNG) from the. But graft allegations lodged by prosecutors last week against four of the world's largest oil trading companies - Vitol SA [VITOLV. (“Vitol Group”) regarding the transfer of 99,880,361 LSC shares from a wholly. He is an attorney and served as senior vice president and general counsel of Devon Energy Corporation from January 1997 until he retired in February 2007. H-Line, a subsidiary of Hahn&Co. AML Full company report Follow. 75% announced today that its subsidiary, Tellurian Trading UK Ltd. On the Global Witness report, it said no allegations had been made about Vitol, or its subsidiaries, being. A wholly owned subsidiary is a company whose common stock is 100% owned by another company, the parent company. (Vitol Netherlands), had increased its material shareholding in LSC up till 97. Per the agreement, Vitol will purchase about 0. Vitol Holding BV - Strategic SWOT Analysis Review - provides a comprehensive insight into the company's history, corporate strategy, business structure and operations. The first of these was Bo Ljungberg, a Swedish businessman living in Rio de Janeiro, whose smiling photograph and thumbprint feature in a dossier compiled. It processes high-sulfur crude oil imported primarily from the Middle East. , currently operates 55 vessels comprised of bulkers, LNG carriers and LNG-powered Capesize bulkers servicing long-term charter contracts. Enterprise Products Partners L. – Important locations and subsidiaries – A list of key locations and subsidiaries of the company, including contact details. Well, he's knowledgeable in the company, probably not on the specifics of each operation, no. Simmons & Company International, Energy Specialists of Piper Jaffray, served as exclusive financial advisor to Koch Supply & Trading in connection with the transaction. The Swiss-based company said on Friday its crude oil and product trading rose to 2,597 million barrels last year, or more than 7 MMbpd. Vitol Friday announced it has agreed to acquire OMV Petrol Ofisi Holding A. The Dutch trading group asks not to disclose records gathered by Commodity Futures Trading Commission during its investigation on market prices manipulation. Vitol takes stake in SAfrica coal miner CIC | Reuters. Vitol bid together with the oil upstream subsidiary of U. Ian Taylor's Vitol has links with George Soros, best known as the man who 'broke' the Bank of England. To send an e-mail to the appropriate person or department, please use the dropdown menus in the form below. The first liquefied natural gas (LNG) cargo after the shutdown has now been loaded at Soyo. Since 2002, the largest shareholder of LSC has been Vitol's subsidiary JSC Ventspils Nafta, owning 49. Vitol Holding B. There are currently 2 active directors according to the latest confirmation statement submitted on 19th November 2018. Latest M&A news in Energy. Vitol , one of the world's largest oil traders is ready to charter vessels - which happen to be under US sanctions - for the delivery of petroleum products to Syria and the Crimea. Vedanta is headquartered in London, England, and was founded in 1976. Koch Ag & Energy Solutions, LLC and its affiliates are a global provider of value-added solutions for the agriculture, turf and ornamental, energy and chemical markets. Home / Investors > Financials > Annual Reports & Proxy Annual Reports & Proxy The company will provide, free of charge upon request, its Annual Report on Form 10-K which contains the Company's complete audited financial statements. Boustead Holdings Berhad (MYX: 2771) was founded in 1828 as Boustead & Co in Singapore by Edward Boustead, an English businessman. Oando PLC is one of Africa’s largest integrated energy solutions provider with a proud heritage. Vitol and Petronas announce LNG supply deal Petronas, through its subsidiary, Petronas LNG Ltd (PLL) and Vitol Asia Pte (Vitol) have announced the signing of binding Heads of Agreement (HOA) for long-term liquefied natural gas (LNG) sale and purchase (SPA) agreement. Presentation - Vitol Refining SA Nature of business: One of the world's largest independent energy trading companies, we find, extract, trade, refine, store and transport materials and resources from where supply is abundant to where demand is great. District Court for the Southern District of New York. Pablo Galante Escobar, Vitol’s Head of LNG said, “We are delighted to be working with Gazprom Marketing & Trading a subsidiary of Gazprom, the world’s largest producer of natural gas. Canada orders seizure of oil tanker carrying crude from Iraqi Kurdistan. In addition to public data, you can find information on payment histories, history, company structure and finances, along with how the responsible persons are interlinked. Vitol Trading SA v. 60 per million British thermal units (mmBtu), information provided by Platts shows. Because it lacked other assets, Capri Marine obtained the $500,000 through a loan financed by Trade Maritime in the amount of $1. Your water packaged safely and hygienically. The company was incorporated in 1961 under the Kuala Lumpur , Singapore, Shenzhen and Shanghai stock exchanges. The total estimated value of agreements signed between PKN ORLEN subsidiaries and companies from the Vitol group in the period between 11 February 2012 to 31 August 2012 amounts to approximately PLN 72 million. The 174,000 cbm vessel with XDF propulsion is to be built at Korean shipyard Hyundai Samho Heavy Industries (HSHI) and is due for delivery in late 2021. Vivo Energy, a Shell licensee in 16 African markets, was established on 1 December 2011 to distribute and market Shell-branded fuels and lubricants. Our data undergoes extensive quality assurance testing with over 2,000 discrete checks for validity and reliability. We are ideally positioned and resourced to make the most of these new opportunities with original thinking and decisive action. It cited Dutch pensions advisers indicating more interest for its proposition, but said that it was not in talks with other candidates. Aviation Fuel Business. , a wholly owned subsidiary of The Vitol Group, announced that it intends to make an February 13, 2013 read more →. KNOC acquires Altius Energy from Vitol for US$515 million Report summary Korea National Oil Corporation (KNOC) has bought the entire share capital of Altius Holdings Inc, a wholly owned subsidiary of energy trading company Vitol Group. (together with its subsidiaries, Vitol ), since 2010. 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 528,000 tonnes per year of LPG, to Vitol, over the next 10 years. Find shell petrol pumps stock images in HD and millions of other royalty-free stock photos, illustrations and vectors in the Shutterstock collection. 368 billion ($1. Mar 27, 2012 · Vitol will market 60 percent of any future export grade coal, he said. , a wholly owned subsidiary of The Vitol Group, announced that it intends to make an offer to buy all of the outstanding common shares of Canada’s oil company Sterling Resources Ltd. private equity firm Warburg Pincus called Delonex and Canadian-listed Africa Oil , an oil and gas exploration firm that is part of. (“VTTI”), currently a wholly-owned. The Company, through its subsidiaries, offers refining, trading, shipping, storage, and power generation services. Hilcorp subsidiary Harvest Pipeline said it inked a deal with the Netherlands-based Vitol to explore the joint development of a major crude storage and export terminal at the Port of Corpus Christi. subsidiary said it “regrets the FERC’s decision to issue an Order to Show Cause against it and denies all of FERC’s allegations. Accused politician Aivars Lembergs and his family are alleged to have played a key role in defrauding the subsidiary of the Latvian Shipping Company (LASCO) - Latmar Holdings Corporation (Latmar) out of money. Vitol’s partners in the transaction are Africa Oil Corp. (NAC) have entered into a stock purchase agreement (SPA) with Vitol US Holding Co. Global Witness has discovered that Vitol and one of its subsidiaries engaged not one but two middlemen whose involvement in the Car Wash scandal is now detailed in extensive court evidence. is a Société Anonyme organized under the laws of Switzerland with its principal place of business in Geneva. Our data undergoes extensive quality assurance testing with over 2,000 discrete checks for validity and reliability. subsidiary said it "regrets the FERC’s decision to issue an Order to Show Cause against it and denies all of FERC’s allegations. Vitol is a multi-billion dollar oil conglomerate comprising a group of energy companies with revenues of over $100bn which ship 200m tonnes of oil a year. , part of the Vitol Group of companies ("Vitol") entered today into a share purchase agreement with Universal Holding B. The deal with Vitol was said to have been masterminded by Alan Duncan, the former oil trader turned junior minister, who has close business links to the oil firm and was previously a director of one of its subsidiaries. Vitol is engaged in the global physical supply and distribution of crude oil, petroleum products, coal, natural gas and other commodities. Vitol has also grown scarily big,” a veteran Russian trader said. In 2015, Vitol was the top charterer of Aframax tankers, the segment where traders are best represented, Vitol's shipping subsidiary is Mansel. analuisaegues Sep 2, 2019. 5 million cubic metres of capacity. Stock/Share prices, Reliance Industries Ltd. Exploration and production. A Vitol-led consortium has a $1. 5 million tonnes per annum of liquefied natural gas (LNG) from Tellurian Trading's LNG offtake capacity at the proposed Driftwood LNG export terminal. The Company, through its subsidiaries, offers refining, trading, shipping, storage, and power generation services. The majority shareholder of Fujairah is a company called Vitol. and the oil upstream subsidiary of U. Vitol Refining S. gulfoilandgas. Bismarck Rewane – Non-Executive Director (Independent) Mr. 6571 - VITOL / GRINDROD SECTION 1. North Atlantic Refining is a petroleum company based in Newfoundland and Labrador, Canada. Its core business is in physical trading, logistics and distribution, which is complemented by refining, shipping, terminals, exploration and production, power generation, mining and retail businesses. Vitol Aviation is a leading provider. Vitol, Ghana IFC is investing $235 million in Vitol Ghana, a subsidiary of UK’s Vitol Group to support the Sankofa Gas Project, an integrated offshore oil and natural gas project that will provide a source of reliable, affordable energy in the West African country. (Vitol Refining). “We are delighted to be working with Gazprom Marketing and Trading, a subsidiary of Gazprom, the world’s largest producer of natural gas,” said Pablo Galante Escobar, Head of LNG at Vitol. ("VTTI"), previously a wholly-owned subsidiary of Vitol, for a price of US $ 839 million. , according to a Blueknight's filing to the Securities and Exchange Commission recently. But graft allegations lodged by prosecutors last week against four of the world's largest oil trading companies - Vitol SA [VITOLV. , Vitol and MISC have executed an amendment to the Omnibus Agreement that we entered into in connection with the Partnership's IPO. Offering to provide a professional, 24hour, service with economic bunker solutions on a global basis. Vitol has also grown scarily big,” a veteran Russian trader said. Boustead Holdings Berhad (MYX: 2771) was founded in 1828 as Boustead & Co in Singapore by Edward Boustead, an English businessman. Koch Supply & Trading Company Limited, Koch Metals Trading Limited, Koch Commodities Europe Limited and Koch Energy Europe Limited are all located in the old Roman part of London. Included responsibility for subsidiary companies Kelvin Connect Ltd and Airwave International and Airwave Germany. We charter tankers and move crude oil and oil products. The company was incorporated in 1961 under the Kuala Lumpur , Singapore, Shenzhen and Shanghai stock exchanges. Established in 2010, Vitol Aviation is a subsidiary of major global commodity trader Vitol. • Produced a Current State Assessment (CSA) reporting template to be used in the assessment of a Records Management initiative for approximately 400 participating subsidiaries within a group of companies. Swiss oil company Vitol SA on Tuesday pleaded guilty to charges of grand larceny related to the United Nations' scandal-plagued oil-for-food program in Iraq, agreeing to pay a total penalty of. While Vitol has a history of forbearance of the Greenfield’s debt obligations, if Greenfields fails to make full payment to Vitol, Vitol may be entitled to enforce its security against all of the Company’s assets and file claims in a court of competent jurisdiction. If this product is disposed of as shipped, it does not meet the criteria of a hazardous waste as defined under 40 CFR 261, inthat it does not exhibit the characteristics of a hazardous waste of Subpart C, nor is it listed as a hazardous waste under Subpart D due. Contractor and engineering company serving the power and energy sectors. The Vitol Group was founded in 1966 in Rotterdam, the Netherlands. It owns and operates the Cressier and Bayernoil refineries via subsidiary Varo Energy and has a majority stake in a refinery in Fujairah, United Arab Emirates. A Vitol spokesman said the company had "at no stage broken any sanctions on trading oil". But privately-held Vitol, which trades 6 MMbpd of crude oil and refined products, says these assets present an opportunity to strengthen its presence in end-markets and in up-and-coming hubs. Founded in New Zealand in 1987. A combine of Eni and Vitol has been awarded rights to Block WB03 in the Tano basin offshore Ghana. Our trading is, first and foremost, physical. The company will import 400,000 tonnes of LNG per annum between 2015 and 2024, KOMIPO said in a release. Vitol and Glencore declined to. , it has today purchased 6,355,300 common shares, common share purchase warrants exercisable into 3,000,000 common shares and debentures convertible into 3,435,000 common shares of Hillsborough Resources Limited ("Hillsborough"). Independent oil marketer Phoenix Petroleum Philippines Inc. Vitol initially won a tender in 2016 to provide $1 billion to cover KMG’s share in the Kashagan field in exchange for crude cargoes. ” Sunoco Logistics is a subsidiary of Sunoco Partners LLC, which in turn is owned by Energy Transfer Partners LP and Energy Transfer Equity LP. Completion of the transaction follows regulatory approval and is consistent with Shell’s strategic commitment to focus downstream activity in areas where it can be most competitive. Vitol Holding B. Vitol Investment Partnership to buy MISC's USD830m shareholding in VTTI BV Now that the table is created, change the query to an Append query and save it as "Append Misc Cash Flows-Taxes. com 6/11/2008, Location: Africa A Memorandum of Understanding has been signed between National Oil Corporation, Libya and the Vitol Group to build storage tanks in Ras Lanuf. Swiss-based trading giant Vitol [VITOL. , currently operates 55 vessels comprised of bulkers, LNG carriers and LNG-powered Capesize bulkers servicing long-term charter contracts. By Julia Payne LONDON, March 19 (Reuters) - Vitol cemented its position as the world's largest oil trader in 2018 and said it saw oil demand rising for at least for another 15 years, despite global attempts to expand green energy. Vitol Energy (Bermuda) Ltd. subsidiary must pay $12. We spend hundreds of millions of dollars each year on integrity management and maintenance programs to operate our assets safely and to protect the public, our employees, contractors and the environment. Vitol SA is lifting the gas for export to the US. 82% stake, PE Petroleum (21. Use the PitchBook Platform to explore the full profile. Responsible for establishing several of OWB's subsidiaries Götz Lehsten, Executive Vice President, Reselling Top Management VITOL. including Glencore's fully-owned subsidiary Chemoil. Bekijk het volledige profiel op LinkedIn om de connecties van Heidi Vennekens en vacatures bij vergelijkbare bedrijven te zien. operates as a holding company. Chevron sold its Hawaii refining, distribution, and retail assets to Island Energy Services, LLC Jones Day advised Chevron U. NOTE: The organization itself did not donate, rather the money came from the organization's individual members or employees or owners, and those individuals' immediate family members. ARB Midstream, LLC today announced it has partnered with Vitol US Holding Co. South Korean shipping company H-Line Shipping and Dutch energy and commodities group Vitol have entered into a ten-year time charter agreement for an LNG carrier newbuild. private equity firm Warburg Pincus called Delonex and Canadian-listed Africa Oil , an oil and gas exploration firm that is part of Sweden's Lundin Group. The two groups – Grindrod and Vitol – also agree to set up a partnership in which Vitol would take a 65 percent share in order to combine their coal businesses in sub-Saharan Africa. The firm was founded in 2004. If this product is disposed of as shipped, it does not meet the criteria of a hazardous waste as defined under 40 CFR 261, inthat it does not exhibit the characteristics of a hazardous waste of Subpart C, nor is it listed as a hazardous waste under Subpart D due. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report Summary Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Petronas LNG, a subsidiary of Petronas, and Vitol Asia signed a deal last year for long-term LNG supply from LNG Canada and from the global portfolio of Petronas, to start from 2024. 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 528,000 tonnes per year of LPG, to Vitol, over the next 10 years. The Dutch trading group asks not to disclose records gathered by Commodity Futures Trading Commission during its investigation on market prices manipulation. Loya provided insight into the fuel terminal and tank farm being constructed to serve Florida. Vitol has a refining capacity of 390,000 bpd through various joint venture investments in northern Europe, Asia and the Middle East. Given that Vitol's existing shares in LSC amount to 99,880,361, the group's total shareholding is now equivalent to 69. The firm was renamed TransMarket Group in 1984. Javed Ahmed is Member-Management Board at Vitol Tank Terminals International BV. Looking forward to 2018, Europe-focused downstream subsidiary Varo Energy has announced its intention to float on Euronext Amsterdam while its Africa-focussed Vivo Energy is also expected to do an initial public offering this year. * Vitol lowered its offer for a prompt. 88 percent in the field via KMG Kashagan (KMG), a subsidiary of KMG. VIP Turkey Enerji AS, a subsidiary of Vitol Investment Partnership Ltd, has agreed to acquire OMV Petrol Ofisi Holding A. , Vitol and MISC have executed an amendment to the Omnibus Agreement that we entered into in connection with the Partnership's IPO. The Vitol Group is one of the largest traders in the world’s energy marketplace. The facility comprises 26 tanks: 14 tanks (350,000 cubic metres (cbm)) are operational and a further 12 tanks (315,000 cbm) are under construction. Under the agreement, the oil and gas giant said Korea Midland has agreed to purchase 0. With over 7. have entered into an agreement to acquire Petroplus Refining Antwerp N. dollar in international trade. Highlights Vitol Holding BV (Vitol) is a trader of energy and commodities. XTO Energy releases revenue greater than $10, that does not exceed $100 during its annual release process. Oil trading giant Vitol bets on fuel retail for growth. It is a very strategic decision by Vitol Dubai as it plans to enhance the company. Our data undergoes extensive quality assurance testing with over 2,000 discrete checks for validity and reliability. The deal extends Glencore’s dominance over rivals such as Vitol and Trafigura in handling barrels from the North African country for a second year running. Vitol buys stake in Grindrod's coal terminal. London School of Commerce MBA For Executives CORPORATE FINANCE Investment Decision Case: Vitol Holding Yousef Hamad L0009SBSB0913 Lecturer: Pro. , a subsidiary of Vitol Inc. For further information, please contact:. Vitol Foundation Vitol first began making charitable grants in 2002 and established the Vitol Foundation in 2006. Prior to ALI, Robin D’Alessandro was CEO of the Vitol Foundation, the philanthropic arm of the Geneva-based energy and commodities trading firm Vitol Read more about Robin D’Alessandro Anne Farrell. Since then the investor has increased its stake in Ventspils Nafta and a subsidiary company, Ventspils Naftas Tranzits, which deals exclusively with oil and oil products. The takeover was first proposed in July 2009 at a price of $0. is a wholly-owned subsidiary of Vitol US Holding Co. SGS Control Services, 680 F. 6571 - VITOL / GRINDROD SECTION 1. Vitol Refining S. [1] Vitol Investment Partnership will acquire the shares through VIP Terminals Finance BV, a wholly-owned indirect subsidiary of Vitol Investment Partnership Limited. It was Vitol E&P’s sixth acquisition in five years. Vitol is engaged in the global physical supply and distribution of crude oil, petroleum products, coal, natural gas, and other commodities. New Delhi, India: On September 17th, the Rosneft delegation led by the Chairman of the Management Board and CEO, Igor Sechin visited New Delhi to meet the Honorable Minister of Petroleum and Natural Gas, Government of India, Dharmendra Pradhan. Mar 27, 2012 · Vitol will market 60 percent of any future export grade coal, he said. 6 feet of gas column and 10. to supply 1. Brazil’s Petrobras, that its subsidiary Petrobras International Braspetro, has signed an agreement with a consortium led Vitol to sell 50% stake in Petrobras Oil & Gas for $1. D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like Vitol Holding II and Finance & Insurance Sector contacts in Luxembourg, Luxembourg and around the world. Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally - it trades over seven million barrels per day of crude oil and products and, at any time, has 250 ships transporting its car. 26/08/2016, 12:02 pm. Given that Vitol's existing shares in LSC amount to 99,880,361, the group's total shareholding is now equivalent to 69. The company primarily deals with crude oil, gasoline, fuel oil, middle distillates, naphtha, lpg, natural gas, sugar and non-ferrous metals. By Julia Payne LONDON, March 19 (Reuters) - Vitol cemented its position as the world's largest oil trader in 2018 and said it saw oil demand rising for at least for another 15 years, despite global attempts to expand green energy. Vitol, which was established in 1966, is headquartered in Geneva, Switzerland, and has major locations in Rotterdam, Houston, Singapore and London. The total estimated value of agreements signed between PKN ORLEN subsidiaries and companies from the Vitol group in the period between 11 February 2012 to 31 August 2012 amounts to approximately PLN 72 million. In addition to public data, you can find information on payment histories, history, company structure and finances, along with how the responsible persons are interlinked. Vitol is Dutch-owned but Geneva-based and London is counted as a subsidiary office, like Singapore. Aim-listed Beacon Hill Resources, through its subsidiary BHR Coal Mauritius (BHRC), has appointed independent energy trader Vitol Coal to market its export coal. While revenue rose 45% over the period 2006-2015, its oil trade also rose by 46%. 05 -- Vitol CEO Ian Taylor discusses his outlook for 2018 and the IPOs for two subsidiaries. , Vitol and MISC have executed an amendment to the Omnibus Agreement that we entered into in connection with the Partnership's IPO. , a majority shareholder in Latvian Shipping Company (LSC), has proposed to delist and sell 200 million bearer shares of the shipping company, listed on Nasdaq Riga. The Viva Group itself does not have any of its own overseas subsidiaries. We believe that LNG has an important role to play in the future energy mix and that its evolution will require a more flexible. and Petroplus International B. 5 feet of oil in reservoir sands. -- a wholly owned unit of Vitol Inc. The remaining 50 percent stake in the enterprise will be owned by BTG Pactual E&P B. Vitol is an energy and commodities company. Vivo Energy is the company behind the Shell brand in Africa and is jointly owned by Vitol, Helios Investment Partners and Shell. LONDON, March 26 (Reuters) - The world’s largest oil trader Vitol. ("Petroplus") (SIX: PPHN) to acquire a 100% interest in Petroplus Refining Antwerp N. Our salt cavern gas storage project at Islandmagee in County Antrim, Northern Ireland is a pioneering low cost fast cycle facility providing safe, secure and flexible gas storage that will serve the island of Ireland and mainland UK. (Vitol Bermuda) currently owns 31,645,042 Common Shares representing approximately 14. Vitol is the world’s largest energy and commodity trading company that was founded in 1966. The world’s largest independent oil trader, Vitol, is looking to secure long-term deals with some of the biggest oil-producing countries in the Middle East, in what has become a challenging. 93 million (USD9. VIENNA: Austrian oil and gas group OMV has announced the sale of its Turkish subsidiary Petrol Ofisi to Swiss oil trading giant Vitol for 1. Competitive Analysis. The company is ready to charter ships that are under US sanctions for the supply of petroleum products to Syria and the Crimea. Qualified applicants are considered for employment, and employees are treated during employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity, or expression, genetic information or any other legally protected status. subsidiary of the Vitol Group. including Glencore’s fully-owned subsidiary Chemoil. Vitol (UK) Advisers Limited has been running for 5 years 8 months. 05% from share capital with voting rights. Turkey's largest petrol station chain acquired by Vitol. Cheniere Marketing, LLC, a subsidiary of Cheniere Energy (NYSEMKT:LNG) has entered into a liquefied natural gas sale and purchase agreement with Vitol Inc. Vitol, the world’s top oil trader, plans to access liquefied petroleum gas (LPG) from the giant Kashagan field in Kazakhstan and may finance the construction of a processing and export facility, industry and company sources told Reuters. Cahnman has trained many highly successful traders over his career. Jorge has 11 jobs listed on their profile. The company was incorporated in 1972. Total traded volumes for the Group in 2010 rose 25% to around 394 million metric tonnes (mts) from 316 million mts in 2009, helped particularly by higher crude oil, electricity and natural gas volumes. V) for developing and operating a 200,000 metric ton oil storage/terminal facility at Port Qasim Authority while Vitol had bought a 25 percent stake in Hascol for $28. 23/12/13 16:54 The 'Fredriksen affair' opens the top on Vitol's oil business. The registered capital is 14 billion Chinese Yuan. We currently operate in 4 continents and have over 20 subsidiaries within the Group. At the centre of the affair is a joint venture called Ingma Holding NV, which was set up by Vitol’s Dutch subsidiary, of which it retains 49% ownership. We charter tankers and move crude oil and oil products. Vitol also has invested in refining assets in Bayernoil (Germany), Cressier (Switzerland), Antwerp (Belgium) and the Geelong refinery near Melbourne (Australia). The company's major products include gasoline, diesel, heating oil, fuel oil, jet fuel, naphtha and metals, and ethanol and chemicals. S from OMV AG as announced in Tank News International earlier in the year. Tellurian and Vitol may not be able to negotiate a definitive LNG SPA as contemplated by the MOU. Company Information Vitol Holding Sarl 66003539780 Age:40 years Address:Place Des Bergues 3 Genève, 1201 Vitol Holding Sarl - Place des Bergues 3 Genève, 1201 kompany is the trusted source for official company information. HELIER, Jersey, April 7 - Following the successful offer by Rosco S. Vitol's first business relationship with Ljungberg dates back to the 1990s when it bought one of his companies; more recently, he acted as an agent, Vitol said. Vitol is engaged in the global physical supply and distribution of crude oil, petroleum products, coal, natural gas, and other commodities. Simmons & Company International, Energy Specialists of Piper Jaffray, served as exclusive financial advisor to Koch Supply & Trading in connection with the transaction. Rosco SA, a subsidiary of Geneva, Switzerland-based Vitol Holding BV, has made an unsolicited bid for Arawak Energy Ltd. S (“Petrol Ofisi”) from OMV AG, the international integrated oil and gas company based in Vienna, subject to certain conditions precedent and relevant regulatory approvals. The company. COMMODITY TRANSFORMATIONS Virtually all agricultural, energy, and industrial commodities must undergo a variety of processes to transform them into things that we can actually consume. Asia: Supplying Kuwait With LNG Shipments by Shell and Vitol Group It was announced that both Shell and Vitol Group have signed 4 year contract to supply Kuwait with shipments of LNG which the region needs to fuel their power generators during the months of summer. Get the latest business insights from Dun & Bradstreet. OMV has agreed to sell Petrol Ofisi, Turkey´s largest gas station network, to VIP Turkey Enerji AS, a subsidiary of Vitol Investment Partnership Ltd, in a transaction worth €1. sanctioned two subsidiaries of government-owned Chinese shipowning giant Cosco for transporting Iranian crude and liquefied petroleum gas in defiance of unilateral sanctions. "Vitol has a long history of investing in Nigeria's energy sector. Headquartered in Houston, it focuses on the trading of crude oil, oil products, power, natural gas, and ethanol,. Below and under the following menu items you can find all important information on Vitol SA. Kellogg's vows to 'deforestation-free' palm oil 24th Feb 2014 — Human rights concerns embedded in shareowner action on climate change can be found in a resolution. Investor News. Recent executive movements at Vitol. 07%) and Tan Sri Che Lodin Wok Kamaruddin (5%), who previously helmed. This blog provides the latest news on the company and its subsidaries. (Vitol) to supply 1. 5 million tonnes per annum of liquefied natural gas (LNG) from Tellurian Trading’s LNG offtake capacity at the proposed. Vitol Group, the world’s largest independent oil trader, walked away from a deal to buy a stake in the Richards Bay Coal Terminal from a company controlled by South Africa’s Gupta family. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report Summary Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Vitol to Launch Takeover Offer for Sterling Resources. com] – VITOL, a commodity trading house, is speculated to be taking a 9. Loya provided insight into the fuel terminal and tank farm being constructed to serve Florida. Seaport Canaveral is owned and operated by Vitol Tank Terminals International, or VTTI, a subsidiary that Vitol formed in 2006. On the Global Witness report, it said no allegations had been made about Vitol, or its subsidiaries, being. See the complete profile on LinkedIn and discover Agwu’s connections and jobs at similar companies. The takeover was first proposed in July 2009 at a price of $0. Chevron sold its Hawaii refining, distribution, and retail assets to Island Energy Services, LLC Jones Day advised Chevron U. While revenues depend on the market fluctuations, on average, Vitol Asia Pte Ltd accounts for 20 to 30 percent of the Group’s. Other companies accused of ‘fixing’ are Trafigura AG and Trafigura Beheer British Virgin Island, Dutch commodity trading firms, Phibro Trading LLC, a subsidiary of Occidental Petroleum Corporation, Vitol Group, a Swiss-based, Dutch-owned energy trader, S. History Vitol was founded in 1966 with the focused aim of trading oil and oil products. The Vitol Group who, through its wholly owned subsidiaries, owns a 14% shareholding in Sterling Resources Ltd. subsidiary of the Vitol Group. Signature of Feedgas MOU Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announces that its wholly-owned Cameroon operating subsidiary, Euroil Limited (“Euroil”), has signed a memorandum of understanding (MOU) relating to the supply of gas from the Etinde Permit. Vitol is an energy and commodities company. Vitol Central Asia is also a subsidiary. ” In the order filed on July 10, the FERC states the alleged manipulation took place in 2013. entered into an MOU to supply 1. 368 bn to Vitol 04 Mar 2017 OMV , the international integrated oil and gas company based in Vienna, has agreed to sell 100% of the shares in its wholly owned subsidiary OMV Petrol Ofisi to VIP Turkey Enerji , a subsidiary of Vitol Investment Partnership. A Vitol-led consortium has a $1. Vitol takes stake in SAfrica coal miner CIC | Reuters. But graft allegations lodged by prosecutors last week against four of the world's largest oil trading companies - Vitol SA [VITOLV. Vitol Baltics, SIA Extensive and legally valid database containing all companies, associations and enterprises, as well as foreign representations that are registered in Latvia. Products and services independent company. Swiss traders’ opaque deals in Nigeria. Tellurian Inc. Dubai: T: +971 4 445 8900/05: F: +971 4 445 89 10: 63rd floor, Almas tower Jumeirah Lake Towers P. Our Raglan Mine was recently honoured with the ‘Champion – Nord-du-Québec Region’ for the 3rd consecutive year at a gala recognizing employment creators in the province of Quebec, Canada – a fine recognition of their economic contribution to the northern region. Vitol also has invested in refining assets in Bayernoil (Germany), Cressier (Switzerland), Antwerp (Belgium) and the Geelong refinery near Melbourne (Australia). He is an attorney and served as senior vice president and general counsel of Devon Energy Corporation from January 1997 until he retired in February 2007. With over 7. 3228 Summit Square Place, Suite 180, Lexington, KY 40509 (859) 543-0515 (859) 543-0516. It processes high-sulfur crude oil imported primarily from the Middle East. Vitol, the world’s largest oil trader, on Monday sold a 50 per cent stake in its petroleum terminals and storage business to a subsidiary of Malaysia’s national oil company Petronas for $735m. Products and services independent company. Rewane worked with the First National Bank of Chicago (later became the International Merchant Bank Nigeria Limited) as a General Manager and Treasurer of the Bank. Heidi Vennekens heeft 8 functies op zijn of haar profiel. PETRONAS through its subsidiary, PETRONAS LNG Ltd (PLL) and Vitol Asia have announced the signing of binding Heads of Agreement (HOA) for long-term liquefied natural gas (LNG) sale and purchase (SPA) agreement. The company’s network predominantly serves Texas, t. Other companies accused of ‘fixing’ are Trafigura AG and Trafigura Beheer British Virgin Island, Dutch commodity trading firms, Phibro Trading LLC, a subsidiary of Occidental Petroleum Corporation, Vitol Group, a Swiss-based, Dutch-owned energy trader, S.