Vitol GPC Investments Company News

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Results 19 articles shown

Traders Advise Caution on Surging Oil Prices
The world's largest independent oil trader, Vitol SA, joined rival Gunvor Group Ltd. in expressing caution about the recent surge in crude prices.
7:00 PM EST | February 07, 2021
Proposal Would Make Oil Traders Liable for Human Rights Lapses
Switzerland's commodity traders are crying foul over a widely supported proposal that would make them liable for lapses on human rights and environmental standards abroad.
8:00 PM EST | October 22, 2020
Demand Accelerates for Floating Fuels Storage
Big oil traders are rushing to book tankers with a view to storing a glut of refined petroleum.
8:00 PM EST | September 15, 2020
Vitol Boosts Cheniere's Growth Plans with 15-year Deal
The deal 'continues Cheniere's commercial momentum and supports our growth plans,' stated the company's CEO.
8:00 PM EST | September 16, 2018
Vitol Launches Viva Energy Float, Australia's Biggest In 4 Years
Vitol kicked off the planned $3.7B float of its Australian refinery and fuel supply network Viva Energy.
8:00 PM EST | June 19, 2018
Noble Americas to Cut 150 Employees Ahead of Vitol Sale
Noble Americas is cutting employees in its Houston and Connecticut offices prior to its sale to Vitol.
7:00 PM EST | December 21, 2017
World's Biggest Oil Traders See Wildly Diverging Crude Price
The world's biggest oil traders say crude could rise above $60 a barrel in a year as demand grows and OPEC keeps cutting.
8:00 PM EST | October 18, 2017
Middle East Oil Producers Turn to Crude Trading to Boost Incomes
Other OPEC members are joining in as oil prices remain at roughly half their levels of mid-2014.
8:00 PM EST | September 28, 2017
Glencore Strikes Multi-Year Purchase Deal With Angola LNG
Glencore is to buy LNG supplies from Angola LNG over a multi-year period.
8:00 PM EST | September 19, 2017
Cyprus Secures 15 Bids for Gas Exploration
Cyprus said that 29 companies had made 15 bids for exploratory drilling in a second round of licensing to exploit offshore O&G deposits despite strong objections from Turkey.
8:00 PM EST | May 10, 2012
Bowleven Agrees to Option Agreement Extension for Etinde Permit
Bowleven has agreed an extension to the option agreement with Vitol in respect of the Etinde Permit.
8:00 PM EST | March 31, 2011
US House OKs Bill Targeting Cos Invested in Iran Energy Sector
The U.S. House of Representatives Wednesday overwhelmingly approved a bill to censure firms such as StatoilHydro, Total and Vitol, which continue to conduct energy business with Iran as it seeks to develop its nuclear weapons program.
8:00 PM EST | October 14, 2009
Providence Shoots New 2D Seismic Offshore Nigeria
Providence Resources has announced the successful acquisition of a new 2D seismic survey over its Oil Mining Lease 113 in the Benin Embayment, offshore Nigeria.
8:00 PM EST | October 01, 2009
Eni Enters Offshore Ghana with Majority Stakes
Eni has entered Ghana through the acquisition of majority stakes in the Offshore Cape Three Points and Offshore Cape Three Points South exploration licenses.
8:00 PM EST | September 27, 2009
GNPC, Vitol Find Oil and Gas at Cape Three Points Block
The Sankofa -1A well drilled in its Cape Three Points Block, offshore Ghana, has encountered a net hydrocarbon column.
8:00 PM EST | September 15, 2009
Providence Says AJE 4 Meets Pre-drill Expectations
Providence Resources announced the final AJE 4 Well Results, which include five hydrocarbon bearing zones logged with gross pay of 690 feet and an Albian deep exploration target confirmed as hydrocarbon bearing.
8:00 PM EST | June 02, 2008
Providence Confirms AJE Appraisal Well Drilling Offshore Nigeria
Following a recent Providence AJE Operating Committee meeting, the drilling of a further well on the AJE Field, located in OML113, offshore Nigeria has now been confirmed.
7:00 PM EST | December 17, 2007
Arawak to Acquire Stake in Saigak
Arawak Energy Corp. has entered into an agreement, subject to certain conditions, under which it expects to acquire Saigak Investments BV (SIBV), a company that has a 40% participating interest in the Saigak field in Western Kazakhstan.
8:00 PM EST | June 04, 2007
Granby: Partners, Regulators Okay Galoc Development Plan
Granby Oil and Gas plc has successfully closed the project financing for its share of the US$100 million Galoc Oil Field development offshore NW Palawan in the Philippines.
8:00 PM EST | March 11, 2007