Vitol-owned UK power group enjoys profit surge on market

VPI owns four rapid-cycle gas-fired power stations bought from the UK''s Drax in 2020 as well as a gas-fired heat and power plant in Immingham, North Lincolnshire, which supplies steam to next

Monitoramento Prudencial

For over 50 years Vitol has served the world''s energy markets. Overview. Trading & distribution Shipping Production Downstream Refining A strong and experienced power trading team in the world''s largest markets. Overview. Renewables Business solutions Gas-fired generation. Sustainable energy solutions . Sustainable energy solutions. We

Vitol

Vitol is a Swiss-based Dutch multinational energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. [1] [2] Though trading, logistics, and distribution are at the core of its business, these are notably complemented by refining, shipping, terminals, exploration and production, power generation, and retail businesses.

Montenegro''s EPCG to open battery storage systems tender by

2 天之前· Montenegrin power utility Elektroprivreda Crne Gore (EPCG) will launch by the end of 2024 a project for the development of battery energy storage systems (BESS), the head of the company''s board of directors, Milutin Djukanovic, said. Montenegro''s household power consumption up 8.3% y/y in Nov. Dec 12, 2024. Latest in Engineering. Romanian

Renewables

Renewables, that''s wind, solar and battery storage, generate power which reduces emissions and greens up power generation away from coal. And in time from other thermal power sources. Vitol''s role is as a developer of renewable projects from greenfield through to ready-to-build solar, wind and battery.

Vitol Argentina

Vitol is a leader in the energy sector with a presence across the spectrum: from oil through to power, renewables and carbon. It trades over 7 million barrels per day of crude oil and products, and charters circa 6,000 sea voyages every year. Vitol''s clients include national oil companies, multinationals, leading industrial companies and

Power

We are leveraging our expertise to enable customers to transition to more sustainable power solutions, and supporting the development of renewable projects with financing and market access. We are investing in transitional gas-fired power to facilitate the roll out of renewables in

Power

Vitol has 3.5GW of thermal generation capacity in the UK, held through our power generation company VPI, which is expanding into Ireland with the construction of a 275MW Open Cycle Gas Turbine (OCGT) power plant in County Westmeath, Ireland. Whilst its largest plant, the highly efficient combined heat and power plant Immingham, is must run, the

Vitol-owned UK power group enjoys profit surge on

VPI owns four rapid-cycle gas-fired power stations bought from the UK''s Drax in 2020 as well as a gas-fired heat and power plant in Immingham, North Lincolnshire, which supplies steam to next

Renewables

Renewables, that''s wind, solar and battery storage, generate power which reduces emissions and greens up power generation away from coal. And in time from other thermal power sources. Vitol''s role is as a developer of renewable

Vitol profits soar to record $15bn on back of energy crisis

Vitol, the world''s largest independent commodity trader, has emerged as one of the biggest winners of the energy crisis, reporting record profits far in excess of its rivals.

Media

A strong and experienced power trading team in the world''s largest markets. Overview. Renewables Business solutions Gas-fired generation. Sustainable energy solutions . Sustainable energy solutions. Vitol is an energy and commodities company. For over 55 years we have used our networks and infrastructure to manage the flow of energy

Battery energy storage systems – Vitol''s view

6 天之前· The speed, resilience and grid stability that BESS contribute to the renewable power puzzle is something that Vitol has been a long-time proponent of, and it''s widely recognised as a key component in the energy transition – the IEA cites that; global BESS capacity needs to reach 1500GW by 2030 to enable seamless grid integration of

Vitol to acquire UK Power Plant from Phillips 66

Vitol Group has agreed to acquire the entire issued share capital of Phillips 66 Power Operations Ltd. which owns Immingham Combined Heat and Power plant (Immingham CHP), located in North Lincolnshire, U.K., from Phillips 66. Immingham CHP is one of the largest combined heat and power (cogeneration) plants in Europe.

Combustibles: una petrolera internacional podría instalar su

Combustibles: una petrolera internacional podría instalar su propia red de estaciones de servicio en Argentina Se trata de Vitol Power, fundada en Amsterdam (Países Bajos), en 1966.

Open roles at Vitol

A strong and experienced power trading team in the world''s largest markets. Overview. Renewables Business solutions Gas-fired generation. Sustainable energy solutions . Vitol has recently become aware of external parties falsely claiming to be recruiting on behalf of the Vitol Group. Vitol is taking appropriate legal action against those

Vitol

OverviewActivitiesFiguresControversiesVitol Asia Pte LtdExternal links

In 2021, Vitol''s revenues doubled to around $279 billion, after oil demand spiked after the end of pandemic lockdowns. In 2021, its website stated it traded 7.6 million barrels of crude and other oil products. In 2022, Vitol Group said it would stop trading Russian crude and oil products by the end of that year. In 2024, it owned and operated five power plants in the UK through VPI, a partially owned subsi

A business on the move. Join us.

A strong and experienced power trading team in the world''s largest markets. Overview. Renewables Business solutions Gas-fired generation. to work in collaboration with regional Indirect Tax team members as well as on individual projects to ensure that Vitol''s Indirect Tax structure is well prepared to support our continued growth and

Vitol Argentina (esp)

Fundada en Rotterdam en el año 1966, Vitol cuenta con 40 oficinas distribuidas alrededor del mundo para brindarles el mejor servicio a nuestros clientes. Nuestras inversiones en activos energéticos poseen una capacidad de almacenamiento propia de 18 millones de m 3, y de refinado de 550kbpd, 8,700 estaciones de servicio y una cartera

Global solutions

A strong and experienced power trading team in the world''s largest markets. Overview. Renewables Business solutions Gas-fired generation. Sustainable energy solutions . Sustainable energy solutions. Vitol invested

Battery energy storage systems – Vitol''s view

6 天之前· The speed, resilience and grid stability that BESS contribute to the renewable power puzzle is something that Vitol has been a long-time proponent of, and it''s widely recognised as

Global solutions

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.

Power

We are leveraging our expertise to enable customers to transition to more sustainable power solutions, and supporting the development of renewable projects with financing and market access. We are investing in transitional gas

Montenegro''s EPCG to open battery storage systems tender by

2 天之前· Montenegrin power utility Elektroprivreda Crne Gore (EPCG) will launch by the end of 2024 a project for the development of battery energy storage systems (BESS), the head of the

Vitol Group looks to enter Japanese power market

Vitol, a major independent oil trader globally, has been involved in global power markets for more than ten years but along with others has come under scrutiny in the UK for trading strategies linked to rising energy prices.

Vitol sees shift from oil to power

Trader Vitol sees its future in lying in the power sector, in a marked shift away from its oil roots. The company has committed more than $1 billion of cash for projects in the renewable sector

Vitol and ITM Power combine to create JV Motive

Vitol has committed to investing an initial £30 million in Motive, with ITM Power committing a similar sum. The partners intend to build Motive into a pan-European hydrogen refuelling company. Starting in the UK and expanding across Europe, Motive''s refuelling network will sell green hydrogen produced by ITM Power''s market-leading

Energy Transition

Reviewed physical climate risks for key upstream, power generation and downstream assets in our portfolio; Transportation. Optimise shipping efficiency and abate emissions: Pursued Vitol tanker fleet modernisation and formed partnerships with Wärtsilä and ZeroNorth to improve the energy efficiency of our vessels; Offices

Vitol

In 2013, Vitol invested in its first power plant, VPI Immingham in the UK. The combined heat and power plant (CHP) is one of the largest of its kind in Europe, capable of generating 1,240 MW and up to 930 tonnes of steam per hour which is used by nearby refineries.

Vitol Group looks to enter Japanese power market

Vitol, a major independent oil trader globally, has been involved in global power markets for more than ten years but along with others has come under scrutiny in the UK for trading strategies linked to rising energy prices.