Vitol Shareholders

Specialist teams with the expertise and extensive experience to provide the sector focused advice you need. (NASDAQ:FANG). 5 million cubic metre oil storage facility in Fujairah, United Arab Emirates. Vitol has previously sold shares in two smaller businesses — its terminal and storage unit and Kazakhstan-focused oil explorer Arawak Energy Ltd. LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally. Following the transaction VTTI will be owned 10% by ADNOC, 45% by IFM Global Infrastructure Fund and 45% by Vitol. Latvijas Kugnieciba shareholder Vitol Netherlands B. Its current status is listed as active. The stake has been acquired by VHFL's existing shareholders, which include Vopak, Horizon, the Government of Fujairah and IPG. Vitol has trading and marketing operations in South Africa, where it’s building a fuel-storage facility with Malaysia’s MISC Group in Cape Town. Posts about vitol written by Structurer. Accordingly, each of Vitol Holding, Refining, Holding and Holding II may be deemed to share voting and dispositive power over the reported securities, and as a result may also be deemed to be the beneficial owners of these securities. Recently, FERC issued an Order to Show Cause why Vitol Inc. Vitol, Carlyle to list oil downstream venture Varo in Amsterdam Oil trader Vitol and private equity giant Carlyle will list their European downstream venture Varo Energy in Amsterdam this year, looking to raise funds to expand while luring investors with a hefty dividend pledge. Foseco, is a world leader in the supply of foundry consumables and solutions. Vitol, Kazakhstan’s largest crude offtaker, is ready to invest in the project - worth over $300 million - as soon as this year to build a facility annually producing 500,000 tonnes of propane and butane, according to Reuters sources. 05% Considering the financial instruments accounting system in Latvia, Latvian companies’ lists of shareholders owning 5% or more of company’s total capital are updated once per year based on the information provided in company's annual report. He explains the business model and how he sees shareholders getting paid for an investment. About this database. The agreement had 4 shareholders of Hascol. News and commentary about white-collar crime, enforcement, and compliance. Integrated Report Individual Files 【COVER】 Cover; Advancing the Asahi Group to the Next Stage. Leon has 7 jobs listed on their profile. The unseen hand that moves the world’s oil. Globally Vitol trades over 5 million barrels of crude oil and oil products per day and revenues in 2012 were $303 billion. Find out about our energy business (gas, electricity and renewables) and stay up-to-date with our latest news, the main aggregates from the group, the information for shareholders and investors, and our corporate responsibility policy. I have been working at Vitol S. Ian Taylor is President and CEO of Vitol, a global energy and commodities company with 40 offices worldwide and business interests in oil refining, distribution, shipping. GENEVA, Sept 30 (Reuters) - Vitol S. Vitol is owned by a significant proportion of its employees, providing a diverse and stable shareholder base which gives the company a long-term outlook and a considered approach to risk. The Skoll Foundation drives large-scale change by investing in, connecting, and celebrating social entrepreneurs and the innovators who help them solve the world’s most pressing problems. Speaking of Stepanov and other Ventbunkers shareholders, Vaivads said not only has he not spoken with them in a long time but that he has no interest in doing so. Vitol is owned by a significant proportion of its employees, providing a diverse and stable shareholder base which gives the company a long-term outlook and a considered approach to risk. Vitol, Glencore and the privatization fund have found themselves needing more time despite a decision reached yesterday by the local Capital Market Commission that resolves an ambiguity as to whether the preferred investor to emerge from the sale will need to make a public offering to other company shareholders. Eshun Elimaninya, a farmer from Sanzule who lost his farmland to the gas plant is now into poultry and fish farming, thanks to the ENI, Vitol and GNPC’s Livelihood Restoration Plan. Johannesburg - Vitol Group’s plans to buy a stake in Africa’s biggest coal terminal from a company controlled by South Africa’s Gupta family, who are friends of President Jacob Zuma, could. COM and its registered address is VITOL SINGAPORE PTE LTD, DYNASTY BUSINESS PARK A WING, 502, ANDHERI KURLA ROAD, ANDHERI EAST MUMBAI Mumbai City MH 400059 IN , - ,. 12 billion to top executives and staff through share buybacks in 2016, one of the highest ever payouts by the world's biggest independent oil trader. V and no proceeds of the listing will go to the company. Vivo Energy was established on 1st December 2011 to distribute and. Tomatoman79 KUALA LUMPUR (June 24): Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulphur fuel for ships, a senior company official said on Monday. Vitol is a global energy and commodity trading company, founded in 1966 in Rotterdam, The Netherlands, where it is registered, with its head office in Geneva, Switzerland. Part of the Corporate Legal Department until March 2016: filing and keeping up to date global corporate data, preparation of powers of attorney, board and shareholders resolutions, providing local secretarial assistance to global offices and assisting in M&A activities. Oman Trading International specialises in trading crude oil, petroleum products, petrochemicals and LNG and provides logistical solutions and risk management tools to those who require it - facilitating transactions while minimising risk to the parties involved. Ian Taylor, the British businessman who built Vitol into the world’s largest independent oil trading company, is to step down from his role as chief executive to become chairman. 62 billion to its employee-shareholders last year, up almost 45 per cent from 2016, according to the annual accounts of Vitol Holding II, a Luxembourg entity that is the. 08 billion for. The capacity to add value. Johannesburg - 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 the Gupta family. Trading group Vitol shelves Sterling takeover that Jacob and James bring to the company and leveraging that experience to the benefit of the company and all of its shareholders. 6%) and France’s Total (13. It was founded in Rotterdam in 1966 by Henk Viëtor, and is a private company, with 3,200. 6 Billion Payout to Its Traders in 2017. Saddam Hussein was in full compliance with UNSCOM inspectors when Bush and Blair orchestrated the unlawful invasion of Iraq in 2003. Photo: courtesy of Abu Dhabi National Oil Company. was incorporated on 2014-12-29. As so far this company has running for 4 year(s) 224 days. Banks in these markets are among those with the strongest underwriting standards and risk controls in the region, but the downturn in economic conditions would test asset quality and add to their existing profitability challenges. Accordingly, the Bank has always been interested in recruiting well-experienced and motivated professionals coming from different backgrounds and having proven skills and competences. We are unencumbered by external shareholders and the need to answer to analysts and investment funds. Vivo Energy was established on 1st December 2011 to distribute and. "The Vitol agreement remains a cornerstone of Hillsborough's business. Vitol Group. Since the turn of the century, the Middle East’s trade focus has increasingly shifted towards Asia. Management Policy, IR Library, Financial Data, Stock and Bond Information and other information are available. private equity firm Carlyle Group and Dutch firm Reggeborgh Invest. The company was founded in Rotterdam in 1966 by Henk Viëtor. Globally Vitol trades over 5 million barrels of crude oil and oil products per day and revenues in 2012 were $303 billion. • Represented the selling shareholders of Al Yusr Industrial Contracting Company, a major industrial company in Jubail in Saudi Arabia(valued at 800 Million Saudi Investcorp. Vitol Handed a Record $1. Top traders at the privately owned oil empire Vitol received almost $1bn in bonuses last year as sales boomed. Planck v Vitol Holdings II SA and Tinsel SA Acting for Claimant in Rotterdam proceedings challenging conversion of shares which had received dividend rights of about $200m into preferred shares with no rights to profits. Appeal from 190th District Court of Harris County. Representatives for Varo, Carlyle, Reggeborgh and Vitol declined to comment. Salaries posted anonymously by Vitol S. Oman Trading International specialises in trading crude oil, petroleum products, petrochemicals and LNG and provides logistical solutions and risk management tools to those who require it - facilitating transactions while minimising risk to the parties involved. Vitol will work to position Arq Fuel™ as a low-cost blending component with specific customers. Ian Taylor, the British businessman who built Vitol into the world's largest independent oil trading company, is to step down from his role as chief executive to become chairman. Speaking of Stepanov and other Ventbunkers shareholders, Vaivads said not only has he not spoken with them in a long time but that he has no interest in doing so. Note Shareholders are required to receive thefiCompany’s accounts for the nancial year which ended on 1 ecember 2018. It is a private company consisting of all 3200 employees as its shareholders. Find company research, competitor information, contact details & financial data for Vitol Holding B. Established in 1969 and are now one of the largest manufacturers of liquid waste vacuum tankers and jetting equipment in Europe. On Monday, March 7 at 2:30 PM, "Vitol" will give a presentation on development plans in Latvia, during which also the management of JSC "Latvian Shipping Company" will talk about the. Tinsel also owns shares in Vitol Holding II SA. I have been working at Vitol S. Tegeta bought Optimum Coal, which included a mine and its stake in the terminal, for R2. LUKOIL has over 20 years of sustainble growth experience, and is one of the leading companies in the Russian oil & gas industry. Global oil and shipping companies are looking at. We exist to use and improve upon our God-given talents to make a positive difference to the lives of our Team Members, customers, shareholders and the people who provide services to us. 62 billion to its employee-shareholders last year, up almost 45 per cent from 2016, according to the annual accounts of Vitol Holding II, a Luxembourg entity that is the. In February 2016, Vitol took 15% shares in Hascol (18. Foseco, is a world leader in the supply of foundry consumables and solutions. Supreme court orders Conoil to pay Vitol N13. Das Letztere beinhaltet eine Aktienbeteiligung in Arawak [6] , mit Produktionen in Russland , Kasachstan und Aserbaidschan , eine Aktienbeteiligung am Galoc Ölfeld , Philippinen [7] und eine Prospektion im Kongo und Ghana. Accordingly, the Bank has always been interested in recruiting well-experienced and motivated professionals coming from different backgrounds and having proven skills and competences. It is intended that the joint shareholding of Buckeye and Vitol will add greater strategic value to VTTI and will further strengthen VTTI’s position as a leading independent provider of energy storage solutions. 6% of internationally traded coal. VTTI Energy Partners LP (NYSE: VTTI) has been informed by VTTI BV that Vitol Investment Partnership, an investment vehicle sponsored and managed by Vitol, has agreed to acquire MISC Berhad's. Appeal from 190th District Court of Harris County. Arq has partnered with Vitol to distribute Arq Fuel™ globally. 12 billion to top executives and staff through share buybacks in 2016, one of the highest ever payouts by the world’s biggest independent oil trader. Vitol decided to bid via Euromin, a company owned solely by Vitol Group, to improve its chances of becoming a strategic partner in the terminal. Vivo Energy is the company behind the Shell brand in Africa and is jointly owned by Vitol, Helios Investment Partners and Shell. View Leon Siahaan’s profile on LinkedIn, the world's largest professional community. Vitol - Antwerp Oil Refinery Details Shareholders: Vitol Group. - The shareholder was a National Fund - Owned, Two 2nd. By Robert Hackwill Switzerland. The principal market where ExxonMobil common stock (XOM) is traded is the New York Stock Exchange, although the stock is traded on other exchanges in and outside the United States. Vitol has also had scrapes with HM Revenue and Customs over a employee benefit scheme for senior staff it set up but later dismantled. Rosneft and Vitol Sign Heads of Agreement on LNG Sale and Purchase. Honda Investor Relations Website. Pierre Andurand (born February 1977 in Aix en Provence, France) is a French businessman and hedge fund manager, specialising in the oil market. The Foundation has delivered a significant legacy over the last 25 years. ArcelorMittal publishes its annual report in March each year. And should the Gupta foray into mining eventually fall over, Vitol will still have the right to trade through a terminal it took the South African industry years to build. Vitol hopes for a fruitful cooperation with other shareholders, investors and business partners in order to accomplish long-term business objectives of VN and increase the shareholder value of the company. This site uses and sets "cookies" on your computer to help make this website better by keeping the site reliable and secure, personalizing content and ads, providing social media features, and analyzing how the site is used. 6%) and France’s Total (13. 12 billion to shareholders in 2016 - Bloomberg 2 Min Read FILE PHOTO: A sign is pictured in front of the Vitol Group trading commodities building in Geneva October 4, 2011. 02 April 2019. Tegeta bought Optimum Coal, which included a mine and its stake in the terminal, for R2. One of these assets is stock awarded to Miguel, who is the president of Vitol, Inc. 23 hours ago · The Company has executed payment deferral letters with its senior debt lender, Vitol Energy (Bermuda) Ltd. Sources said Vitol and Trafigura had expressed interest, along with the bigger private equity firms. Vivo Energy specializes in the distribution and trading of petroleum products in Africa. Filings around the Viva REIT show Vitol and ADIC. Executive Committee. Vitol Singapore Pte Ltd's Foreign Company Registration Number (FCRN) is F04276. Further to the acquisition of Shell’s 20% shareholding in Vivo Energy by Vitol Africa B. Vitol has stated that through this model, its internal partnerships foster long standing relationships with its customers and proven reliability and delivery. We have a strong and growing presence in 16 countries across Africa. A, a British oil firm, N13. Share Price. It has headquarters in Rotterdam and Geneva. In 2008 Forbes Magazine placed him in its list of the top 20 highest-earning hedge-fund managers. On Monday, March 7 at 2:30 PM, "Vitol" will give a presentation on development plans in Latvia, during which also the management of JSC "Latvian Shipping Company" will talk about the. The move will come even as another Vitol-backed company, African fuel retailer Vivo Energy, unveiled plans to float on the London and Johannesburg stock exchanges. Trafigura & Vitol sell fuel to Syria despite Clinton's call for boycott. Das Letztere beinhaltet eine Aktienbeteiligung in Arawak [6] , mit Produktionen in Russland , Kasachstan und Aserbaidschan , eine Aktienbeteiligung am Galoc Ölfeld , Philippinen [7] und eine Prospektion im Kongo und Ghana. UAE’s largest fuel and convenience retailer, ADNOC Distribution, today announced that its shares have now been certified as Shari’a-compliant. Taylor insists this is a thing of the past and that all 200. The foundry process is highly sequential and critically dependent on consistency of product quality and productivity optimisation. In February 2016, Vitol took 15% shares in Hascol (18. 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. Dutch energy company, Vitol, has reportedly apologised to the Iraqi government for buying oil from the Kurdistan Region of Iraq without Baghdad's permission According to Reuters, the oil was exported from the region via Turkey, going against the Iraqi central government which insists that it has the. The capacity to add value. Tellurian and Vitol Sign MOU for 15-year LNG sale on JKM By Published: Dec 6, 2018 9:14 a. The Shareholders; News; Contact; The new energy asset for South Africa. 5 billion debt restructuring plan that should ensure the survival of what was once Asia's biggest commodity trader. Member Management Board Banking, chief operations officer, chief transformation officer. N ), Citigroup ( C. Its core trading business is complemented by a range of strategic investments, ranging from refineries and storage to retail and distribution businesses. KARACHI: Vitol Dubai Limited (VDL) has agreed to provide financial facility of $42 million to Hascol Petroleum Limited, an announcement said on Monday. Cheniere Energy: LNG About Cheniere Energy Board of Directors Executive Officers Governance and Ethics Cheniere Partners: CQP About Cheniere Partners Board of Directors Governance and Ethics K-1 Tax Information. 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. Our daily eNewsletter features the latest fuels, lubricants, and additives industry news flashes from Asia and around the globe and is distributed via a range of delivery mechanisms (email, RSS, social media). The DIFC is more than just a world-class financial centre. Outline of the transfer: Pacific Investment Holdings Corporation, an indirect wholly owned subsidiary of JAL and the sole shareholder of PFTC, has agreed to transfer all 1,000 issued and outstanding shares of common stock of PFTC to Vitol Inc. The corporate headquarters contact information is: 925 N. Trafigura’s main shareholders are Jersey, Dutch Antilles, and Maltese-based companies. Despite those jaw-dropping numbers, Vitol is a mystery even to many in. Due to the financial crisis of 2007 and 2008, large and globally connected financial institutions had to be rescued by the state in many places throughout the world. Vitol is an independent company, with 260 employees making up its shareholders. Daniel Tatjung Chiu holds 70% of Fortune Oil through a private company and Vitol, the world's largest independent energy and commodities trader, owns 30%. Specialist teams with the expertise and extensive experience to provide the sector focused advice you need. MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more. In 2014, Vitol traded over 30 million tonnes of coal, corresponding to a marketshare of 2. A total of 15 groupings, with at least 34 companies in total, received award letters, Reuters reported. Click here for Shareholder Meeting Dates Click here for more information about an issuer's default status Use of this site is subject to, and your continued use constitutes your express agreement to be. Its current status is listed as active. Loya has served as a director of Vitol since 1997 and as the President of Vitol, Inc. Vitol Netherlands B. Tinsel also owns shares in Vitol Holding II SA. for a total amount of US$250 million. He explains the business model and how he sees shareholders getting paid for an investment. Vitol, Metz, and Maaraoui further asserted that Leticia’s claims are “based on her alleged status as a VHIISA and Tinsel shareholder and arise from the Shareholder’s Agreements. 4%), BP (13. Accordingly, two shareholder agreements are relevant to Miguel's stock ownership. In March 2015, the Financial Times suggested that Vitol appeared to make a $1. Only shareholders, who include Anglo American Plc, have an automatic right to ship through the terminal. of Rotterdam, ZUID-HOLLAND. ADNOC has acquired a 10% equity stake in VTTI, providing it with access to storage capabilities across key exports markets in Asia, Africa and Europe. Share prices are delayed by 10 minutes. Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural. Vitol partners with, funds or owns mines in the United States, Indonesia, Canada, South Africa and Russia. The Investor Relations website contains information about United Airlines Holdings, Inc. Vitol established its own storage and terminal subsidiary, VTTI, in 2006 and invested heavily to create a major international network of terminals at key trading hubs. Vitol will acquire from Grindrod a 35% interest in the company which owns the Maputo coal terminal concession for a consideration of US$67. It creates liquidity for the primary shareholders, and will bring Vitol's ownership down to 40 percent, from 55 percent, and that of Helios to 30 percent, from 44 percent, Chammas said. It was important for Vitol (in case Euromin wins) that other VN shareholders - including AS Latvijas naftas tranzits - support its intention to become a partner. 01 Per Share for Fiscal 2018 March 27, 2019 Cub Energy Inc. Leading Proxy Advisory Firm Supports Arrangement Agreement Between Hillsborough and Vitol Hillsborough's shareholders have an opportunity to realize a substantial and immediate premium of. Vitol hat Beteiligungen an verschiedenen Ölbevorratungs-, Prospektions-und Produktionsprojekten weltweit. VITOL is a global energy and commodities company with interests in trading, refining, shipping, energy infrastructure and downstream energy. The second are very large unsecured term loan and revolving credit facilities provided annually by commercial banks to the major commodity trading houses and producers – Glencore, Gunvor, Trafigura, Vitol, ADM, Bunge and Castleton for example. Zara’s story begins with the opening of our first store in the Spanish coastal city of A Coruña in 1975, an early milestone in our company’s long history. Antwerp NV and Petroplus Refining Antwerp Bitumen NV was purchased in 2009 by Vitol. Puma Energy has a growing global presence thanks to a network of regional affiliates across five continents , supported by a global supply chain, ensuring we are always where our customers need us to be. Vitol Is Taking a Bearish View of Crude Oil Prices Ian Taylor, chairman of the Vitol Group, recently issued a bearish statement on oil prices. The acquisition will make Vitol a leader in trading, storing and transporting asphalt products by sea around the world, with a dedicated fleet of 11 specialised vessels. 2019 meem by GIB wins 2019 Global Banking & Finance awards for best Shariah Digital Bank, KSA and most Innovative Digital Banking initiative, Bahrain; 21. The repository features plain language summaries of each contract’s key social, environmental, human rights, fiscal, and operational terms, and tools for searching and comparing contracts. The Executive Committee, under the leadership of the Chief Executive Officer (CEO), is responsible for areas of operational management of the Company that are not specifically reserved to the Board of Directors. Fund to commence investment in renewable energy projects. Vitol and Helios Acquire Shell' s 20% Shareholding in Vivo Energy - Vinson & Elkins LLP We use cookies on our website to distinguish you from other website visitors and to provide a better browsing experience. We develop new outlets for condensates, using Trafigura's diverse customer base that includes refineries, splitters and petrochemical facilities. Vitol Group paid $1. As such, he is Vitol's senior shareholder responsible for the management of the Vitol Group's trading activities, companies and assets in North and South America. Ajay Gupta believes the idea of state capture is an imaginary concept created by the media. 8% and US group Chevron (36. These include both the consolidated accounts and Vivo Energy’s stand-alone accounts, together with the strategic report and the reports of the irectors and the auditor. Speaking of Stepanov and other Ventbunkers shareholders, Vaivads said not only has he not spoken with them in a long time but that he has no interest in doing so. At the AGM, one shareholder told another. 5 million m3) of combined storage capacity, much of which is in locations that are complementary to Adnoc’s trade flows. 62 billion to its employee-shareholders last year, up almost 45 per cent from 2016, according to the annual accounts of Vitol Holding II SA, a Luxembourg entity that’s. David Slater, President and CEO. Vital Metals is an explorer and developer, focused on progressing highly prospective mineral projects in West Africa and Germany. Marathon Oil wants to hear from you. Top Oil Trader Vitol Paid $1. In addition to the very positive contribution to the Corporation's 2009. Our daily eNewsletter features the latest fuels, lubricants, and additives industry news flashes from Asia and around the globe and is distributed via a range of delivery mechanisms (email, RSS, social media). Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural. and its co-director of financial transmission rights trading should not be found to have engaged in market manipulation by selling physical power in CAISO at a loss to eliminate expected losses on Vitol’s Congestion Revenue Rights. MOSCOW, (Reuters) - 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. 6590: Sustainable Capital Ltd. 2 billion as money owed for lifting cargoes of refined petroleum products. In 2000, the Group opened a trading office in Calgary, Canada, to focus on the North American domestic crude oil market. Vitol Group paid $1. Honda Investor Relations Website. JERUSALEM, June 11 (Reuters) - Shareholders in Israel's Delek Drilling will vote next month on whether to approve a $200 million investment that will allow the company to export gas to Egypt via a. 5 million m3) of combined storage capacity, much of which is in locations that are complementary to Adnoc’s trade flows. On completion, VALT will be 100% owned by Vitol and will be integrated into Vitol’s core trading business. In 2016, VITOL, the largest independent oil trading entity in the world, acquired 15 percent equity in Hascol which was later increased to 27. 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. Learn more at ExxonMobil. Daniel Tatjung Chiu holds 70% of Fortune Oil through a private company and Vitol, the world's largest independent energy and commodities trader, owns 30%. 10 -- Ian Taylor, group chairman at Vitol, discusses global oil supplies, expectations for lower oil prices in 2019, and OPEC output. The Shareholders; News; Contact; The new energy asset for South Africa. RIO DE JANEIRO (Reuters) - Vitol, the world's biggest oil trader, and France's Total are in talks to acquire Brazilian fuel distribution company Alesat Combustíveis SA, Brazilian newspaper Valor Economico said on Tuesday. Vitol will work to position Arq Fuel™ as a low-cost blending component with specific customers. A total of 15 groupings, with at least 34 companies in total, received award letters, Reuters reported. 5-billion debt restructuring Noble seeks to transform itself into an Asian-centric trader mainly dealing with coal, freight and liquefied natural gas REUTERS | August 27, 2018, 18:13 IST. The company Geberit The globally operating Geberit Group is a European leader in the field of sanitary products. 62 billion to its employee-shareholders last year, up almost 45 per cent from 2016, according to the annual accounts of Vitol Holding II, a Luxembourg entity that is the. Further to the acquisition of Shell’s 20% shareholding in Vivo Energy by Vitol Africa B. Photo: courtesy of Abu Dhabi National Oil Company. 6%), Italy’s ENI (13. ArcelorMittal publishes its annual report in March each year. The independent oil trader is building a new 30,000 barrel-per-day refinery next to its oil storage terminal to provide IMO compliant fuel for ships. Helios Investment Partners (“Helios”, acting on behalf of the funds to which it is advisor) and Vitol have agreed the acquisition of Shell’s 20% shareholding in Vivo Energy (“Vivo”), for US$250 million. Vitol is unencumbered by external shareholders and the need to answer to analysts and investment funds. Vitol Holding BV, a Netherlands company investing in the Sankofa Gas Field in Ghana has applied for a guarantee of about $470 million from the Multilateral Investment Guarantee Agency (MIGA), of the World Bank Group. Saddam Hussein was in full compliance with UNSCOM inspectors when Bush and Blair orchestrated the unlawful invasion of Iraq in 2003. Execution of significant contracts between Grupa LOTOS S. This included Mumtaz Hasan Khan, Fossil Energy (Private) Limited, Liaquat Ali, and Marshal Gas (Private) Limited. It said its main shareholder Vitol, the shipping and trading giant, had. Vitol Aviation UK Ltd is an active company incorporated on 8 March 2004 with the registered office located in London, Greater London. 1 million or US $0. Vitol Group paid $1. Vitol Dubai Limited, part of the Vitol Group (Vitol), has entered into a Share Purchase Agreement (SPA) with a number of shareholders in Hascol Petroleum Limited (Hascol) to acquire shares equivalent to 15% of Hascol’s total share capital for a total sum of circa USD 28 million, with the option to. African Petroleum’s portfolio was assembled with the strategic objective of progressing the assets through technical work ahead of seeking industry partners to share the potential upside. Along with our owners - 27 world-leading pension funds - and other like-minded investors, we believe in the power of bold, long-term and sustainable investment commitments and strategies that aim to deliver results, which ultimately enhance people's retirement outcomes. Shareholders don't want profits in 5, 10, 20 years. Jun 01, 2016 · Vitol has also had scrapes with HM Revenue and Customs over a employee benefit scheme for senior staff it set up but later dismantled. Vitol, Kazakhstan’s largest crude offtaker, is ready to invest in the project - worth over $300 million - as soon as this year to build a facility annually producing 500,000 tonnes of propane and butane, according to Reuters sources. VTTI owns 15 hydrocarbon storage. 5 million cubic metres of capacity. The Vitol Group is a global energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques. Explore commentary on Diamondback Energy Inc. 1% of the issued and outstanding common shares of Greenfields. The Middle East’s Pivot to Asia Conference. Dutch energy company, Vitol, has reportedly apologised to the Iraqi government for buying oil from the Kurdistan Region of Iraq without Baghdad's permission According to Reuters, the oil was exported from the region via Turkey, going against the Iraqi central government which insists that it has the. Diageo Foundation 25 Year Impact Report. It is a private company, with 330 employees making up its shareholders. The world's largest oil trader awarded buybacks to about 530 top employees, who are also shareholders and confirmed net income of $2. Vitol, Carlyle to list oil downstream venture Varo in Amsterdam Oil trader Vitol and private equity giant Carlyle will list their European downstream venture Varo Energy in Amsterdam this year, looking to raise funds to expand while luring investors with a hefty dividend pledge. Author: Vitol The Public Eye document entitled “Dirty Diesel” is a highly effective piece of propaganda. 5 million m3) of combined storage capacity, much of which is in locations that are complementary to Adnoc’s trade flows. 62 billion to its employee-shareholders last year, up almost 45 percent from 2016, according to the annual accounts of Vitol Holding II SA, a Luxembourg entity that's. The unseen hand that moves the world's oil. The proposal is set to be discussed at the extraordinary shareholder meeting scheduled for December 20, 2017. Rosneft and Vitol Sign Heads of Agreement on LNG Sale and Purchase 21 June 2013 Capitalizing on their successful cooperation in oil and petroleum product supplies, Rosneft and Vitol have agreed heads of terms regarding cooperation in a new sphere - liquefied natural gas (LNG). Accordingly, each of Vitol Holding, Refining, Holding and Holding II may be deemed to share voting and dispositive power over the reported securities, and as a result may also be deemed to be the beneficial owners of these securities. 6 Billion Payout to Its Traders in 2017. Despite the obvious success of Taylor’s tenure at Vitol, which now trades more than 7 MMbbl of crude and petroleum products a day,. Today, BP's main business activities in Singapore include the oil, gas, chemicals, carbon and finance trading business for the Eastern Hemisphere, covering the Middle East, Southern and East Africa, Australia, India, Southeast Asia and China. shareholder vote. 10 -- Ian Taylor, group chairman at Vitol, discusses global oil supplies, expectations for lower oil prices in 2019, and OPEC output. The company's chief executive is Russell Hardy. This contract, known in industry jargon as a ‘cash for crude deal’ guarantees privileged access to Kazakh crude and excellent long-term relations with the state. Explore the district beyond the office, from a carefully curated collection of retailers, to a diverse range of art galleries and some of the city’s best restaurants. , 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 principal market where ExxonMobil common stock (XOM) is traded is the New York Stock Exchange, although the stock is traded on other exchanges in and outside the United States. With around 12,000 employees in nearly 50 countries, Geberit generates net sales of CHF 2. It is intended that the joint shareholding of Buckeye and Vitol will add greater strategic value to VTTI and will further strengthen VTTI's position as a leading independent provider of energy storage solutions. Vitol Group paid a record of more than $1. Annual Reports (PDF) for shareholders and investors. 5 billion in payouts, according to corporate fillings. Vitol Group ("Vitol") announces today that it has divested its 10% stake in Vopak Horizon Fujairah Limited (VHFL), a 1. Vitol holds approximately 49. Fortune expects to have this comprehensive release out to investors shortly as all parties involved are striving to complete these tasks on a timely basis. Vitol, Hascol, form LNG joint venture in Pakistan Illustration purposes only (Image courtesy of Vitol) Pakistan’s distributor of petroleum products, Hascol Petroleum has set up a separate company to explore the business opportunities in the LNG sector. Vitol has trading and marketing operations in South Africa, where it's building a fuel-storage facility with Malaysia's MISC Group in Cape Town. Vitol 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 cargoes. The company's chief executive is Russell Hardy. A chemical engineer by training, Hardy joined Vitol in 1993 and has been a member of the company’s executive committee since 2007. Vitol Energy México S. In February 2016, Vitol took 15% shares in Hascol (18. Vital Metals is an explorer and developer, focused on progressing highly prospective mineral projects in West Africa and Germany. 1 million shares) at Rs 162 each. (Bloomberg) -- Vitol Group paid $1. V and no proceeds of the listing will go to the company. Its focus is oil trading, although it also trades other commodities including sugar, metals and grain. Vitol is owned by a significant proportion of its employees, providing a diverse and stable shareholder base which gives the company a long-term outlook and a considered approach to risk. Vitol Netherlands B. Tinsel also owns shares in Vitol Holding II SA. On completion, VALT will be 100% owned by Vitol and will be integrated into Vitol’s core trading business. In 2016, VITOL, the largest independent oil trading entity in the world, acquired 15% equity in Hascol which was later increased to 27. From 2008 to 2015, Vitol shareholders. Vivo Energy is a downstream African oil and gas company with a consumer retail focus. InfraStrata PLC, an AIM listed gas storage company with interests in Northern Ireland and the greater UK. The deal was expected to close by the end of the year, and Noble shareholders approved the sale at a special meeting Dec. Following the new agreement, Vitol will become a large strategic buyer of LNG from Rosneft’s planned facility in the Russian Far East. 2 billion as money owed for lifting cargoes of refined petroleum products. Vitol has stated that through this model, its internal partnerships foster long standing relationships with its customers and proven reliability and delivery. About Vitol. (Bloomberg) -- Abu Dhabi National Oil Co. Vitol Gas and Power B. "We are very pleased to have finalized the revisions with Vitol, who remains a major shareholder and key strategic partner of Hillsborough Resources," stated Mr. Bob is a Co-Founder of Talis Capital and an oil industry veteran, having worked for Rotterdam-based trader, The Vitol Group, for over 30 years. Fund to commence investment in renewable energy projects. , Helios Investment Partners, acting on behalf of the funds to which it is advisor, and Vitol jointly own 100% of Vivo Energy. ADNOC has acquired a 10% equity stake in VTTI, providing it with access to storage capabilities across key exports markets in Asia, Africa and Europe. Despite those jaw-dropping numbers, Vitol is a mystery even to many in. Vivo Energy specializes in the distribution and trading of petroleum products in Africa. Vitol's head offices are located in Rotterdam, the Netherlands, and Geneva, Switzerland and their main operations are based in Geneva, Houston, Singapore, and London. Fortune expects to have this comprehensive release out to investors shortly as all parties involved are striving to complete these tasks on a timely basis. VTTI is run as an standalone company under the leadership of CEO Rob Nijst. It was founded in Rotterdam in 1966 by Henk Viëtor, and is a private company, with 3,200. LMC believes that the loyalty, expertise, and professionalism of its team members are a key factor for its business excellence. Low Carbon and Vitol today announce the closing of a Jersey-based fund, VLC Renewables ⃰, focussed on generating significant investment into renewable energy assets across Europe. Vitol's wealth is spread across only 330 share-holding employees, fewer than Glencore's 500. * Vitol, the world’s largest independent oil trader, paid $1. Also counseled on the $95. PA) are in talks to acquire Brazilian fuel distribution company Alesat Combustíveis SA, Brazilian. Vitol's LPG (propane) trading. Latvian Shipping Company (LSC) has expanded its tanker fleet with more new MR tonnage under full technical management. In 2012, it formed a coal trading company in neighboring Mozambique by buying a stake in a terminal that exports coal from South African mines. Trafigura is a leading international condensates trader, bringing a wide variety of grades to market in all parts of the world. The world’s biggest independent oil trader paid out $993m (£800m) — an average. , 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. Pakistan: Vitol in talks to buy stake in Hascol Petroleum. 12 billion to shareholders in 2016 - Bloomberg 2 Min Read FILE PHOTO: A sign is pictured in front of the Vitol Group trading commodities building in Geneva October 4, 2011. The company was founded in Rotterdam in 1966 by Henk Viëtor. Ajay Gupta believes the idea of state capture is an imaginary concept created by the media.