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“As global demand for biofuels has risen, securing reliable shipping solutions has become complex and costly. In order to ...
April 8, 2025 Vitol posts $8 billion to $8.5 billion net profit in 2024, sources say The world's top energy trader, Vitol, made a net profit of $8 billion to $8.5 billion in 2024, a steep drop ...
(Bloomberg) — Commodity giant Vitol Group generated earnings of over $8 billion in 2024, according to people familiar with the matter, cementing its position as by far the most profitable energy ...
Varo Energy, owned by the world’s biggest independent oil trader, Vitol, and the Carlyle Group, has reached a deal to buy Swedish refiner Preem, an early mover in renewable fuel production.
NEW YORK (Reuters) - Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. shale oil and gas producer at as much as $3 ...
According to our information, late last year the Swiss trader Vitol was forced to give up its CI-202, CI-523 and CI-525 offshore blocks, the licences for their exploration having expired. The first ...
Cyient DLM, the design-led manufacturing arm of Cyient, expects to maintain double-digit margins in the 10–12% range, supported by a more favourable product mix and operational efficiencies. “We hope ...
The gross margin was 54.0%, above guidance, driven by a favorable EUV product mix and the achievement of performance milestones. In the first quarter, we shipped our fifth High NA system ...
RAVENNA, April 7 (Reuters) - Italy's Eni (ENI.MI), opens new tab is considering potential sales of its upstream assets following a recent deal with global energy trader Vitol, Chief Operating ...