What does Vitol company do?
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.
Who is the owner of Vitol company?
Vitol Holding II S.A.
Vitol/Parent organizations
How much is Vitol worth?
Vitol’s 2020 net profit of $3.2 billion far exceeded its previous record of $2.3 billion, which it achieved in 2009 and 2019. It came as the company in December agreed to pay just over $160 million to regulators in the U.S. and Brazil after admitting to having bribed government officials for more than a decade.
Where is Vitol based?
Geneva, Switzerland
Vitol
| Type | Private |
|---|---|
| Founded | 1966 Rotterdam, Netherlands |
| Founder | Henk Viëtor Jacques Detiger |
| Headquarters | Geneva, Switzerland; Rotterdam, Netherlands |
| Number of locations | 40 principally Geneva |
How much do Vitol traders make?
Vitol S.A. Salaries
| Job Title | Salary |
|---|---|
| Analyst salaries – 1 salaries reported | $39/hr |
| Credit Manager salaries – 1 salaries reported | $89,431/yr |
| Physical Crude Trader salaries – 1 salaries reported | $224,853/yr |
| Trader salaries – 1 salaries reported | $240,905/yr |
Is Vitol an oil major?
We are the leading independent trader of crude oil and products with global physical operations underpinned by market-leading intelligence and understanding of energy flows worldwide.
Is Trafigura publicly traded?
While not publicly listed, Trafigura posts financial results for bondholders. Trafigura said it had downgraded the value of its oil-storage-and-distribution business Puma Energy, and its Nyrstar zinc-and-lead-smelting operations.
Who is the biggest oil trader in the world?
Vitol
The world’s largest independent oil trader, Vitol Group, has shared part of its huge profit as it paid out a record $2.9 billion to its executives and employees through share buybacks, so far this year.
What is the meaning of Vitol?
Vitol is a private company which is owned significantly by a proportion of its employees, who are known for their culture of privacy and secrecy, from both competitors and the general public.
How is LPG traded?
LPG can be traded on the derivatives market with forward and swaps contracts.
Who is the CEO of Trafigura?
Jeremy Weir (Mar 2014–)
Trafigura/CEO
Jeremy Weir became Executive Chairman and Chief Executive Officer of Trafigura in April 2018. This follows his appointment as CEO of the company in March 2014 after a career spanning nearly three decades in commodity and commodity derivative markets.
