Italy's Eni is set to award a key floating production, storage and offloading vessel contract for its high-profile Baleine oil and gas project offshore Ivory Coast. Baleine remains a flagship ...

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.

Oil markets, like every other global market, are on edge ahead of what President Trump has called 'Liberation Day'.

Vitol Group, the world's largest independent oil trader, has submitted an application to acquire PDV Holdings Inc., the parent company of Citgo Petroleum Corp., which is a key foreign asset Venezuela.

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 ...

Photo Credit: THE VIRGIN ISLANDS WATER AND POWER AUTHORITY. The V.I. Water and Power Authority has granted Vitol a six-month extension to the propane supply contract between the two entities.

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Xinhua reported Monday that the China National Offshore Oil Corporation has discovered an oilfield with reserves of more than 100 million tonnes in the South China Sea. Huizhou's 19-6 oilfield, ...