Vitol Energy Group

Our trading is, first and foremost, physical. We charter tankers and transport crude oil and oil products. Products such as, gasoline, diesel, heating oil, fuel oil, jet fuel, naphtha and non-ferrous metals, as well as ethanol and chemicals: all over the world, every day. And we pipe gas, fill and operate terminals, ship coal and sugar.

The breadth and reach of our global network gives us a profound understanding of the intricate interdependencies of the world’s energy markets. Our status as a private company and non-hierarchical partnership structure gives us a unique ability to act swiftly, innovatively and decisively.

We are, by any standards, a major participant in world energy trading. We ship nearly 400m tonnes of crude oil and product a year; we had revenues of $195bn in 2010 and we offer 24 hour coverage of world markets. We also couple physical resources with in depth expertise in risk management.

Founded in 1966 with the focused aim of trading crude oil and oil products, Vitol is still resolutely an independent group of separate companies, each staffed by energy professionals with a true depth of experience in the business of oil transportation, market intelligence, refining, distribution, marketing, trading and finance.