Vitol.
Dutch petroleum company
- Reports this week
- 4
- Active events
- 3
- Connections
- 47
What's happening
Active this week
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Vitol gained a 30% stake in the Baleine oil project, while SOCAR and Eni exchanged a protocol on a joint venture.Some support1 report
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Rosneft is utilizing Murmansk as a hub for oil shipments via ship-to-ship transfer, while sanctions have forced Vitol and Trafigura to withdraw from the Vostok project.Some support2 reports
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Government grants Vitol a bulk fuel monopoly, while Namcor operates within Namibia's energy sector.Well supported6 reports1 development inside
Earlier this month
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Eni and Vitol partnered on the Baleine Phase 3 project to explore and produce in the West African offshore sector.Well supported3 reports2 developments inside
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Eni and Vitol signed MOUs for offshore blocks.Some support1 report
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Vitol released its corporate accounts via Companies House and confirmed its commodities traders are based in London.Some support1 report
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Vitol supplied bulk fuel under an emergency agreement, prompting government procurement transparency concerns.Some support1 report
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Emergency procurement due to the Iran conflict has led to Vitol becoming the sole fuel supplier in Namibia, amid concerns raised by a shadow minister.Some support1 report
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Vitol and Trafigura are involved in the market where European companies are buying Venezuelan crude oil, which is being offered at a discount to Brent prices.Well supported5 reports1 development inside
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Vitol, a major energy trading firm, commented on market tightness and how geopolitical risks are pushing oil prices toward $100 a barrel.Some support1 report
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Vitol acquired Engen Ltd in South Africa, while Bhunjun Group acquired Engen operations in Mauritius. The acquisitions were closely monitored by CCM.Some support1 report
One to three months ago
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Ivory Coast is consolidating its position as a growing upstream market, hosting key energy projects like the Baleine development, and discussing energy financing reforms.Some support2 reports2 developments inside
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Hanwha Ocean's tanker, chartered by Vitol, arrived at Khor Fakkan anchorage in the UAE.Some support1 report
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Energy companies like TotalEnergies and Venture Global announce new binding agreements and investments in LNG capacity.Some support1 report1 development inside
Gone quiet
No new reports in 90+ days-
Commodity trading companies are conducting procurement and sales operations in Paraguay, influenced by global market sentiment due to US attacks on Iran.Some support1 report
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Binding and expanded agreements for LNG supply have been secured, despite the ongoing conflict resetting the supply and demand backdrop.Some support1 report
No events began in the chosen period. Widen it, or reset.
What's reaching Vitol
Recent events traced to Vitol, step by stepAround Vitol this week
News at the entities that move Vitol most-
Namibia StructuralLanger Heinrich Uranium (LHU) operates in the Erongo Region of Namibia and provided funding for a local school wall in Usakos.Moves Vitol
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Uganda StructuralAllegations of border issues involving election materials are reported between Uganda and Kenya.Moves Vitol
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Companies House StructuralAlerts regarding the A7 financial network targeting Russia have led to director verification failures and insolvency service convictions at corporate service providers.Moves Vitol
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Trafigura OperationalTrafigura served as the previous equity backstop for an acquisition involving Luca Mining Corp.Moves Vitol
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Eni OperationalEni stations in Florence are experiencing queues due to high consumer demand.Moves Vitol
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PDVSA OperationalThe United States claims a 20 percent stake in Venezuelan oil reserves, which are managed by PDVSA.Moves Vitol
Connections
The 34 strongest of 47, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.-
Namibia Structural
Namibia relied on Vitol as the sole/exclusive provider for critical fuel imports, procurement, storage, and retail within its national energy system, though this agreement has recently been terminated.
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Uganda Structural
Uganda has appointed Vitol as a partner to manage the marketing and procurement of its crude oil allocation and fuel.
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Kieran Gallagher Structural
Kieran Gallagher holds the leadership position for Vitol Asia, establishing a formal organizational dependency.
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Modestus Amutse Transactional
Amutse granted Vitol an exclusive fuel supply deal, which was later facilitated by the Minister lifting a ban.
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Trafigura Operational
Both Vitol and Trafigura are major commodity traders who historically competed for market share in the Venezuelan crude oil marketing sector.
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Eni Operational
Eni and Vitol are formalized partners in a consortium for offshore energy projects, including Baleine Phase 3.
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PDVSA Operational
Vitol actively engages in market interactions, specifically bidding for discounted crude oil supplied by PDVSA.
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Companies House Structural
Vitol is legally required to file its corporate accounts and regulatory documents with Companies House.
Show all 34 connections
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Paraguay Structural
Vitol maintains a supply relationship, selling volumes to the state-owned entity Petropar in Paraguay.
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Citadel Operational
Both Citadel and Vitol are active competitors within the shale energy markets.
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Uganda National Oil Company Structural
Uganda National Oil Company relies on Vitol for its bulk petroleum sourcing needs.
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Rosneft Operational
The relationship was a functional partnership where Vitol operated as a Western partner in the Vostok Oil project, which was subsequently terminated due to sanctions.
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Monica Musenero Structural
Vitol holds an appointed role within the sphere of influence represented by Monica Musenero in Uganda.
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Vivo Energy Transactional
Vivo Energy and Vitol were involved in acquisition transactions, including fuel station acquisitions.
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Tanga Operational
Vitol is actively involved in the development of an energy hub located in Tanga.
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Malaysia Structural
Vitol relies on and utilizes facilities within Malaysia to conduct its shipment operations.
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TotalEnergies Operational
Both companies are actively competing to supply fuel to Namibia.
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Ivory Coast Shared context
Vitol operates key energy projects within the territory of Ivory Coast.
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Michael Ludeke Mentioned together
Michael Ludeke issues warnings regarding Vitol's potential global consequences.
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Ceyhan Operational
Vitol utilizes the port infrastructure of Ceyhan through which oil flows.
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Greece Transactional
Greece and Vitol secured an expanded deal for LNG volumes.
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Gwadar Operational
Vitol is conducting bunkering operations utilizing the port facilities in Gwadar.
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Venezuela Operational
Vitol operates in the Venezuelan oil market, marketing oil produced in the country.
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Middle East Shared context
Vitol operates within the Middle East, a region currently experiencing low fuel export levels.
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Iraq Transactional
Vitol engages in commercial transactions, purchasing oil from Iraq.
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London Shared context
Vitol operates out of its offices located in the city of London.
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Brent Shared context
Vitol operates within the global energy market context where Brent is a relevant figure.
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PDVSA Mentioned together
Vitol's operational involvement in the Venezuelan oil market was documented and reported by media entities like PDVSA.
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Hanwha Ocean Mentioned together
The relationship is based on a single, unconfirmed market event where Vitol was identified as the first charterer of a tanker.
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Balochistan Operational
Balochistan and Vitol are noted to be discussing cooperation within the petroleum sector.
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Baghdad Transactional
Vitol purchased Iraqi crude oil for September loading.
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South Africa Transactional
Vitol acquired Engen Ltd, a local company, within South Africa.
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Azerbaijan Transactional
Vitol gained a 30% stake in the Baleine oil project associated with Azerbaijan.
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Pakistan Mentioned together
Evidence suggests a third party (Cnergyico) is considering contracts with Vitol, but no direct relationship between Vitol and Pakistan was established in the provided snapshots.
History
Events by the month they beganSeptember 2026
7 events- Vitol gained a 30% stake in the Baleine oil project, while SOCAR and Eni exchanged a protocol on a joint venture.
- Rosneft is utilizing Murmansk as a hub for oil shipments via ship-to-ship transfer, while sanctions have forced Vitol and Trafigura to withdraw from the Vostok project.
- Eni and Vitol signed MOUs for offshore blocks.
- Vitol released its corporate accounts via Companies House and confirmed its commodities traders are based in London.
- Vitol supplied bulk fuel under an emergency agreement, prompting government procurement transparency concerns.
- Emergency procurement due to the Iran conflict has led to Vitol becoming the sole fuel supplier in Namibia, amid concerns raised by a shadow minister.
- Vitol, a major energy trading firm, commented on market tightness and how geopolitical risks are pushing oil prices toward $100 a barrel.
August 2026
2 eventsShow 1 earlier month
June 2026
6 events- Government grants Vitol a bulk fuel monopoly, while Namcor operates within Namibia's energy sector.
- Eni and Vitol partnered on the Baleine Phase 3 project to explore and produce in the West African offshore sector.
- Ivory Coast is consolidating its position as a growing upstream market, hosting key energy projects like the Baleine development, and discussing energy financing reforms.
- Energy companies like TotalEnergies and Venture Global announce new binding agreements and investments in LNG capacity.
- Commodity trading companies are conducting procurement and sales operations in Paraguay, influenced by global market sentiment due to US attacks on Iran.
- Binding and expanded agreements for LNG supply have been secured, despite the ongoing conflict resetting the supply and demand backdrop.