Vitol

Vitol is a global leader in the energy and commodities sector, specializing in the trading, logistics, and distribution of energy products worldwide. Established in 1966 in Rotterdam, Netherlands, by Henk Viëtor and Jacques Detiger, the company has expanded its operations to over 40 offices globally.

Its major hubs include Geneva, Houston, London, and Singapore. As the world's largest independent energy trader, Vitol manages a diverse portfolio encompassing crude oil, refined products, natural gas, liquefied natural gas (LNG), liquefied petroleum gas (LPG), coal, power, ethanol, methanol, gasoline, naphtha, bitumen, base oils, and carbon emissions.

In 2023, the company reported a net profit of $13 billion, underscoring its robust position in the global energy market. Vitol's operations are supported by a substantial infrastructure network, including ownership of nearly 10,000 petrol stations and significant energy assets across regions such as the Mediterranean and Africa.

The company also holds a 45% stake in VTTI B.V., a storage and terminals business with a capacity of around 8.7 million cubic meters across 11 countries.

Energy Transition Investment

In addition to its trading and logistical expertise, Vitol is actively investing in the energy transition. The company has committed over $2 billion to renewable projects and sustainable energy solutions, reflecting its dedication to meeting the world's evolving energy needs responsibly.

Global Presence and Locations

Vitol's global presence encompasses numerous offices worldwide. Notable locations include:

• Geneva
• Houston
• London
• Singapore
• Missouri City, TX, USA

The company's headquarters are situated at 2925 Richmond Ave, Houston, TX 77098, where it employs approximately 240 people.

Company Size and Culture

With a workforce of around 1,600 employees representing over 65 nationalities, Vitol fosters a collaborative and entrepreneurial culture.

The company's core values of integrity, honesty, and humility guide its operations, ensuring a commitment to ethical practices and responsible energy distribution worldwide.