Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude
The world is using more oil than ever and demand is outpacing expectations again this year.
Source: rigzone.com
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Former Vitol oil trader convicted of Ecuador, Mexico corruption charges
NEW YORK - A former oil trader at Vitol, one of the world's largest energy trading companies, was convicted on Friday of corruption charges stemming from more than $1 million in bribes he paid to officials in Ecuador and Mexico to win business. Read more at straitstimes.com.
Source: straitstimes.com
World's Top Oil Trader Sees Oil Demand Peak After 2030
Vitol CEO Hardy: Overall global demand for oil, natural gas, and coal is also set to peak later than expected as the energy transition is progressing slower than initially thought.
Source: oilprice.com
ZeroNorth Teams Up With Vitol for EUA Procurement
Shipping firms will be able to buy EUAs from Vitol's carbon desk through the ZeroNorth platform.
Source: shipandbunker.com
EU ETS management made simple
ZeroNorth, has set up a partnership with global energy firm, Vitol, so that its customers will be able to buy European Union Allowances (EUA)
Source: seatrade-maritime.com