Vitol energy storage

Vitol to Build Malaysian Storage Terminal

The Vitol Group is pleased to announce the signing of an agreement with Seaport World Wide Sdn Bhd under which Vitol will lease land to construct an oil terminal in Tanjung Bin, Malaysia. The terminal will be used for blending and storage of crude oil, petroleum and petrochemical products and will have initial capacity of 750,000 cubic metres.

Vitol Aviation

The consistent investment of Vitol in our refining, shipping, storage and jet handling facilities, as well as training and testing regimes, ensures our customers and partners benefit from our commitment to efficiently deliver the highest quality products. Vitol is an energy and commodities company. For over 55 years we have used our

LPG

Logistics are key; LPG is a gas so its storage and transport is expensive and requires capex, extensive infrastructure and assets. Vitol and Vivo Energy to invest $550+ million in infrastructure to support clean cooking in Africa. News. General. Mar 26th 2024. Vitol 2023 volumes and review.

A business on the move. Join us.

Renewables Biogas Carbon Hydrogen Carbon capture and storage Business solutions EVs. Crude oil and products Crude oil and products. For over 50 years Vitol has served the world''s energy markets. Overview. Trading & distribution; Vitol is an energy and commodities company. For over 55 years we have used our networks and infrastructure to

Sustainable Energy Solutions

US-based energy management and storage solutions platform, providing integrated hardware and software services to balance intermittent loads. 5. Vitol is an energy and commodities company. For over 55 years we have used our networks and infrastructure to manage the flow of energy around the world, efficiently and responsibly.

Varo Energy expands by acquiring storage and general trade

Fabian Gmuender, Vitol, +44 207 973 4478. Catherine Armstrong, Carlyle Group, +44 207 894 1632 . About Varo Energy. Varo Energy is a major midstream energy company serving clients across North West Europe. The company refines, stores and distributes oil products in Switzerland, Germany and Austria.

Energy Transition

Vitol''s Vortex Energy appoints Wojciech Orzech as CEO

Vortex Energy, a leading renewables company in Poland owned by Vitol, has appointed Wojciech Orzech as CEO. Wojciech has over 20 years'' experience in energy and infrastructure. Most recently he was CEO of PKP Energetyka, a portfolio company of CVC Capital Partners, one of the largest energy companies in Poland and

Vitol Group

Vitol is a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon. It trades around 7 million bbl/d of crude oil and products and, at any time, has 250 ships transporting its cargoes. circa 16mm3 of storage globally, 480,000 bbl/d of refining capacity, 7,000 service stations and a

Transitional Energy Solutions

Operator of 17 terminals in 15 countries across 5 continents, providing over 10 M m³ of storage for liquid and gaseous products. Biofuel solutions. Vitol has a global biofuel footprint across all transport sectors. Road. Vitol is an energy and commodities company. For over 55 years we have used our networks and infrastructure to manage the

Homepage

VTTI is an industry leading energy infrastructure company. In addition to our global network of energy storage terminals, we are rapidly developing the infrastructure needed to support liquefied natural gas (LNG), renewable natural gas (RNG), hydrogen, and other transitional or

The Vitol Group completes expansion projects at two key terminals

The Vitol Group announced today the completion of two key projects in its storage and terminals business, VTTI (Vitol Tank Terminals International. At the Vitco terminal, near Buenos Aires, Argentina, eight new tanks have been added, providing an additional 54,000 cubic metres of capacity to the existing 126,000 cubic metres of storage.

Vitol in Joint Venture to Build Battery Storage Systems in U.K.

Units of the commodities trader Vitol Group and the renewables investment fund Low Carbon Ltd. said they''d invest 250 million pounds ($311 million) to develop energy storage and distributed

Hompage

We are a US-based renewable energy developer, offering solar and storage solutions for utility scale and community solar for customers and stakeholders across North America. Owned and managed by Vitol, the world''s leading independent energy trader, VC Renewables is uniquely placed to enable customers to meet the growing need for sustainable

FlexGen Selected by Vitol Subsidiary VC Renewables to Deploy

DURHAM, N.C., Aug. 29, 2024 /PRNewswire/ -- FlexGen, a leading provider of advanced energy storage solutions and software technology, and VC Renewables, Vitol''s solar and storage development platform, have completed a landmark 2GWh Material Supply Agreement (MSA).VC Renewables is backed by Vitol, the world''s largest independent energy trader with a global

Energy Storage Awards, 21 November 2024, Hilton London

US energy storage system integration services and software company FlexGen has raised US$100 million from investors including Vitol. The round was led by Netherlands-headquartered commodities and energy trading group Vitol which reported US$279 billion annual revenues in 2021 and trades around 7.6 billion barrels of crude oil and products

ADNOC acquires stake in VTTI, owner of storage terminals in

Strategic investment enhances ADNOC''s storage capabilities in key global markets . Strengthens ADNOC position in Fujairah, the world''s second largest bunkering port. Supports ADNOC''s more proactive approach to marketing, supply and trading and optimization of product flows Vitol is an energy and commodities company. For over 55 years

Exclusive: Vitol close to buying Exxon, QatarEnergy stakes in

Vitol-backed energy storage company VTTI is close to acquiring a majority stake in Italy''s biggest liquefied natural gas import terminal from Exxon Mobil and QatarEnergy, two sources with

Coterra Energy and Vitol enter into long-term LNG indexed gas

HOUSTON, October 30, 2024 – Coterra Energy (NYSE: CTRA) and Vitol Inc. ("Vitol") today announced the execution of a natural gas Sale and Purchase Agreement ("SPA"). Under the SPA, Coterra will supply 100,000 MMBtu/d of natural gas (equivalent of approximately .7 million tonnes of LNG per annum) to Vitol with the purchase price indexed

Global solutions

Vitol is an energy and commodities company. We trade and distribute energy safely and responsibly around the world using our logistical expertise and infrastructure network. Trading & distribution Shipping Production Downstream Refining Business solutions Storage & blending. Gas . Gas. As a displacement fuel, gas will be a key part of the

Vitol to deliver renewable energy credits to Meta through

Vitol serves clients from some 40 offices worldwide. It is invested in energy assets globally including: 16 m m 3 of storage globally, 500 k b/d of refining capacity, over 6,400 service stations and a growing portfolio of transitional and renewable energy assets. To date it has committed over $2.2 bn of capital to sustainable energy initiatives

Vitol in China

Renewables Biogas Carbon Hydrogen Carbon capture and storage Business solutions EVs. Crude oil and products Crude oil and products. For over 50 years Vitol has served the world''s energy markets. Through Vitol (China) Energy Co. Ltd, our wholly Foreign-Owned Enterprise (WFOE) registered in China (Shanghai) Pilot Free Trade Zone, we source

Vitol''s Vortex Energy commences construction of 110 MW of wind

Vortex Energy. Vortex Energy, during its 17-year presence on the RES market, has completed projects with a total capacity of 458 MW in wind and PV projects. Current projects portfolio contains of over 3 GW in both wind and PV at different stages of project development and more than 2 GW of capacity in energy storage projects. Vitol

Vivo Energy: third phase of Africa transaction completes to

These two companies are now part of Vivo Energy, joining ten other countries that have previously transferred. On final completion of the whole transaction Vivo Energy will operate more than 1300 retail stations across Africa under the Shell brand and will have access to around 1.2 million cubic metres of storage.

Vitol energy storage [PDF]

4 FAQs about [Vitol energy storage]

What does Vitol do?

Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including: 16 m m3 of storage globally, 500 k b/d of refining capacity, over 6,800 service stations and a growing portfolio of transitional and renewable energy assets. Revenues in 2021 were $279 billion.

Who is Vitol Energy?

Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including; circa 15.5mm3 of storage across six continents, 390kbpd of refining capacity and Shell-branded downstream businesses in 16 African countries, as well as Australia.

How much storage capacity does Vitol have?

In total, Vitol has around 16 million cubic meters of storage capacity across the globe. [ 27 ]

Does Vitol own Viva Energy?

Its 40.85 per cent holding in Viva Energy has been on block trade watch lists since the company listed in July 2018. Vitol’s been invested since 2014, when it spearheaded a consortium that bought Shell Australia’s downstream business (excluding aviation).

Solar Energy Resources