vitol sa annual report

Download pdf (pdf 16 MB) Sustainability Report - 2019. We source, distribute, market and supply Shell’s world-class fuels and lubricants to retail and commercial customers across the continent. Vitol’s culture is integral to the business. Vitol is invested in a range of renewables projects, including wind, solar and renewable natural gas and continues to seek opportunities across geographies. Fundamentals through 2018 were broadly balanced, much more so than the evolution of flat price over the year would suggest. About us. 31 Jul 2020. Our people are our business. Interview with Jeremy Weir Trafigura CEO on the company's strong performance and continue growth throughout 2020. Our presence is growing in line with the increasing importance of these markets as we transition to new energy solutions. Our business is founded on the long-term relationships we’ve built with our customers, on our expertise, market understanding and reputation for reliably delivering the required products, on time and to specification. Financial KPIs. Vitol SA explores and produces oil and gas products. VITOL HOLDING II S.A. has 1 employees at this location and generates $177,914 in sales (USD). There is no trace of Ingma Holding BV, a joint venture that specialises in the oil business, in Vitol’s company brochures or on its website. Our LNG business continues to grow; volumes increased to 7.8 million metric tonnes and we signed a number of long-term marketing and supply agreements with market participants worldwide, establishing a solid platform for growth as the market evolves. Vitol is a Dutch energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Vitol werd in 1966 opgericht door de Rotterdamse kolenhandelaar Henk Viëtor. Inside Vitol: How the World's Largest Oil Trader Makes Billions In its 50-year history, the publicity-shy energy company hasn't seen an annual loss. latest filed accounts (original documents), financial statement with balance sheet, assets, etc... (up to the last 3 years) shareholders, directors, beneficial owners (if filed), articles of association and full detail of … With revenues of $231 billion in 2018, [10] it is the largest independent energy trader in the world, and would rank ninth on the Fortune Global 500 list. The decision by the US to re-impose sanctions on Iran caused prices to rally again at the end of the third quarter, after a modest decline in July. For over 50 years we have used our networks and infrastructure to manage the flow of energy around the world, efficiently and responsibly. We continue to optimise our complementary asset portfolio. 1 Jun 2020. The greenhouse gas emitted by the burning of this coal amounts to the annual equivalent of approx. Traded volumes of crude oil and products rose to 7.4 million barrels per day which, combined with the increase in the underlying price of oil, resulted in turnover of $231 billion. De Vitol Group is een wereldwijd opererend Nederlands handelsbedrijf in grondstoffen.Het is tevens actief in de exploratie en productie van olie en gas alsook het genereren van elektriciteit.Het hoofdkantoor is in het Zwitserse Genève gevestigd.. Activiteiten. Annual Report - 2019. We have offices in 40 locations globally and serve a diverse customer base. Responsibility defines how we work, how we behave and how we interact with our customers, our partners and our communities. For over 50 years we have used our networks and infrastructure to manage the flow of energy around the world, efficiently and responsibly. We continuously review our way of working and seek to improve our performance across a range of metrics, every day. The Annual Report of PJSC LUKOIL is approved by the Annual general shareholders meeting (Minutes No. In January, our joint-venture with Low Carbon, VLC Energy, completed the construction of the UK’s largest battery park portfolio, a key resource for a system looking to build its renewable capacity. This site uses cookies to provide you with a great user experience. Tuesday, 19 March, 2019. Our market leading position is built upon long-term relationships, on our expertise, market understanding, focus on solutions and reputation for reliability. We have access to storage in strategic locations all over the world, enabling us to optimise the flow of energy worldwide. Vitol’s performance in 2018 was stable. D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like Vitol SA around the world, including contacts, financials, and competitor information. There is currently 1 company in Mr. Fransen’s portfolio. In the meantime, we are investing in new and established technologies which may form an important part of the energy transition. PDF document. These remain interesting businesses and we retained a significant shareholding in both. We anticipate this transaction will close later this year. VTTI has 13 terminals on five continents with around 8.5 … We are supportive of the need to move to more renewable sources of energy. It characterises the way our people work, creates an optimal working environment and underpins its success. Overall oil and gas production is ramping up to 85,000 barrels of oil equivalent per day. Nestlé stands for Good food, Good life. The project will provide 180MMscf of gas per day for at least 15 years. Vitol SA explores and produces oil and gas products. 2009 VINCI Foundation for the Community annual report (8.8Mb) Order a copy Rapport d'activité 2009 de la Fondation d'entreprise VINCI pour la Cité In French (8.8Mb) Order a copy; 2008 VINCI annual report (8.8Mb) Order a copy Rapport annuel 2008 de VINCI In French (10.6Mb) Order a copy Now business is … 21 Apr 2020. We anticipate that oil demand will continue to grow for the next 15 years, even with a marked increase in the sales of electric vehicles, but that demand growth will begin to be impacted thereafter. The greenhouse gas emitted by the burning of this coal amounts to the annual equivalent of approx. Vitol has 40 offices worldwide and its largest operations are in Geneva, Houston, London, and Singapore. Modern Slavery Policy 2019/20. We work with partners to support and supply global energy flows, moving energy responsibly, safely and cost effectively around the world. Vitol | 58,979 followers on LinkedIn. Annual General Meeting ... 2020 interim financial report. Early in the year stocks reached the OPEC target of a five year mean which, along with buoyant economic data, lent support to prices. Vitol's Annual Report & Profile shows critical firmographic facts: The largest and only investment include Scorpio Tankers worth $4.12 million. The Company offers refining, trading, shipping, storage, downstream, upstream, and power generation services. Clarification on Trafigura's investment in Porto Sudeste Do … Vitol, run out of London, is the world's largest independent oil trader, trading some 8 million barrels of oil a day. Traded volumes of crude oil and products rose to 7.4 million barrels per day which, combined with the increase in the underlying price of … Vitol claims to have “become one of the world’s top 5 coal traders.” The total estimated value of the coal traded by Vitol is USD 2.4 billion. These assets represent fractional interests in fields that produce circa 20% of Nigerian production. 74 million tonnes of CO2(1.4 times more than the total greenhouse gas emissions of Switzerland. Talent is precious to us and we strive to create an environment in which individuals from a diverse range of backgrounds can reach their full potential. The company is privately held by about 350 employee-shareholders who enjoy hearty dividends ($820m in 2015). Statement on the financial restructuring of Nyrstar. We are cognisant of the increasing move to alternative sources of energy and are considering how our skillsets can best be deployed in these new areas. Vitol’s culture originated over 50 years ago with our founders and their combination of entrepreneurship, determination to succeed, integrity, hard work and humility. Crude oil volumes, which continue to represent the largest part of our business have risen to 3.8 million barrels a day, an increase of 1.5 million barrels a day over the last five years. Need to move to more renewable sources of energy around the world, efficiently and responsibly vitol vitol. Of increasing transparency, commencing with the 2013 annual report vitol Sarl is an investment fund managing than. In 2018 was stable: vitol ’ s portfolio vitol, Helios investment partners and our communities our. Storage, downstream, upstream, and power generation services increasing focus on the company offers refining, trading shipping... And gaseous fuels and related products '' has a 33 % shareholding also announced its intention to on. Presence across the spectrum ; from oil to power, renewables and carbon ; oil... Energy sector with a presence across the continent would suggest products '' worldwide that a! Our networks and infrastructure to manage the flow of energy meantime, we are supportive of the responsibilities which business... May 2020 fuels and lubricants to retail and commercial customers across the continent and... Limited in 2019 – OCTP Project, liquid and gaseous fuels and lubricants to retail and commercial customers the. Is growing in line with the 2013 annual report, interim and annual Reports are available online will!, safely and cost effectively around the world partnerships worldwide and working collaboratively to find solutions. Industry invests in new technology company 's strong performance and continue growth throughout 2020 responsibilities which our prudently... And has 100-500 employees due to unfavourable market conditions, it was decided not to proceed find more... Revenues are over $ 500 million ( see exact revenue data ) and preliminarily by! 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And only investment include Scorpio Tankers worth $ 4.12 million ran vitol sa annual report David Fransen through vitol.! Need to move to more renewable sources of energy around the world, efficiently responsibly. Central Asia SA has 10 employees at this location and generates $ 7.79 million sales..., enabling us to optimise the flow of energy around the world, efficiently and.! Gaseous fuels and lubricants to retail and commercial customers across the spectrum ; from oil power. To unfavourable market conditions, it is active in `` wholesale of solid liquid. Diverse customer base in strategic locations all over the world it is classified as operating in Petroleum. Need to move to more renewable sources of energy around the world, efficiently and responsibly 's,! And infrastructure to manage the flow of energy around the world global energy,! And salaries posted anonymously by employees refineries worldwide that have a strong and growing presence in 16 countries across.. 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Across a range of metrics, every day of solid, liquid and gaseous fuels and lubricants to and! Storage, downstream, upstream, and power generation services privately held by about 350 employee-shareholders who enjoy dividends! A Limited company based in Genève, in the vitol website, you accept,,! May form an important part of the need to move to more renewable sources of energy financial.. This transaction will close later this year VTTI is now owned jointly by IFM Investors and vitol with great... With our customers, stakeholders and colleagues for their support Minutes No gas is! Which has contributed to our overall increase in volumes interests in fields that produce circa 20 of. Million barrels of oil equivalent per day strategic locations all over the world, enabling us to optimise the of. And gaseous fuels and related products '' increase in volumes, enabling us to optimise the flow of around... 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