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In December 2020, Vitol admitted to bribing officials in Ecuador, Mexico, and Brazil in violation of the anti-bribery provisions of the FCPA. Vitol entered into a deferred prosecution agreement with the Criminal Divisions Fraud Section and the U.S. Attorneys Office of the Eastern District of New York.
Who is the largest trader in the world?
The most successful traders in the world Famous Traders and the Stories Behind Them. Jim Simons Net Worth is Estimated at Around $28 Billion. Larry R. Steven A. Paul Tudor Jones Personal Assets of $8.1 Billion. John D. George Soros Earned $1 Billion in 1 Day. How Do the Best Traders in the World Think?
Who is the biggest commodity trader in the world?
Major trading firms such as Glencore, Vitol, and Trafigura dominate the commodity trading landscape. Glencore, one of the worlds largest commodity traders, deals in metals, minerals, and energy. It boasts a diversified portfolio, enhancing its market resilience.
How does Vitol make so much money?
Trading. In addition to the global crude and product trading businesses, the company trades coal, natural gas, power, ethanol, methanol, gasoline, LNG, LPG, naphtha, bitumen, base oils and carbon emissions. In 2023, Vitol was the worlds largest independent energy trader.
Who is the biggest oil trader?
Vitol Holding II S.A. With revenues of $400 billion in 2023, Vitol is the largest independent energy trader in the world, and would be the second-largest company worldwide as measured by revenue on the Fortune Global 500 list.
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Vitol, the worlds largest independent oil trader and a major player in the liquefied natural gas (LNG) and power markets, does not disclose net profit. The firms net profit was $13 billion in 2023, ing to a Financial Times report, and $15 billion in 2022.
What are the core values of Vitol?
Vitols culture is integral to the business and, we believe, a positive differentiator. The origins of our culture go back over 55 years to the founders and their combination of entrepreneurship, determination to succeed, integrity, hard work and humility.
Related links
Woodside Louisiana LNG Terminal - Global Energy Monitor
Apr 16, 2025 Woodside Louisiana LNG Terminal, formerly known as Driftwood LNG Terminal, is a proposed LNG terminal in Louisiana, United States.
Feb 28, 2013 Vitol built this state-of-the-art storage terminal in Cape Canaveral, Fla. Open since 2010, it supplies the nearby port, the Orlando airport,
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