Crude oil and products

Vitol is at the heart of the world’s energy flows. Every day we use our expertise and logistical networks to distribute energy around the world, efficiently and responsibly.

For over 50 years Vitol has served the world’s energy markets

Our customers include national oil companies, multinationals, leading industrial and chemical companies and the world's largest airlines.

We deliver the products they need on time and specification by sourcing and managing the movement of energy through the relevant infrastructures.

7.3 million
Barrels a day traded
~350 million tonnes
Crude oil & products traded each year
6,000+
Sea voyages chartered each year
550kbpd
Refining capacity across 6 refineries
17 million m3
Storage capacity globally

Trading & distribution

Trading, that is the efficient distribution of energy around the world, is at the core of our business. Every day we trade over 7 million barrels of crude oil and products, buying from producers and delivering to refiners, wholesalers and distributors worldwide.

Production

Vitol has a focused presence in oil and gas production.

Our total output of circa 70,000boepd is focused largely across two key geographical areas; West Africa and the US. Sankofa Gye Nyame is our flagship project, 60km offshore Ghana and developed in partnership with Eni.

Refining

Vitol is invested in over 550,000 barrels a day of refining capacity in Asia, Australia, Europe and the Middle East, giving us a comprehensive understanding of the short and medium-term challenges facing refiners, from sourcing optimal feedstock to managing the energy transition.

Read more about our refining companies:  ATBFRCLVaro Energy, Viva Energy and VPR Energy.

Storing and blending

We own over 17 million cubic meters of storage capacity, which coupled with significant leased capacity, means we can store and blend bespoke combinations to deliver optimal feedstock and products, responding to an ever-changing market.

Shipping

Our shipping expertise is integral to our trading business, enabling us to move energy around the world, safely and efficiently. Through our company, Vitol International Shipping, we control and operate a fleet of vessels which operate globally. Our shipping clients can login here.

Downstream

We are invested in downstream and distribution assets with circa 7,500 retail sites globally, as well as the associated infrastructure. We also supply jet fuel into wing at circa 150 airports worldwide through Vitol Aviation.