Vitol nigeria. Vitol today announced that the first sh...
- Vitol nigeria. Vitol today announced that the first shipment of LPG has been safely delivered to the brand new Navgas LPG terminal, in the port of Lagos. The Nigeria Sovereign Investment Authority and Swiss-based commodity trading company Vitol have committed an initial USD 50 million towards carbon avoidance and removal projects, the Nigerian sovereign wealth fund announced on Wednesday Pakistan Refinery Limited will import its first cargo of Nigerian Bonny Light crude from Vitol in September, two sources familiar with the matter said, as Asian refiners shift towards cheaper The Nigeria Sovereign Investment Authority (NSIA) and Vitol today announce that they have entered into an agreement to establish a joint venture to invest in a range of high integrity, socially impactful, carbon avoidance and removals projects. Vitol is a leader in the energy sector with a presence across the spectrum; from oil to power, renewables and carbon. Ask questions the The Nigeria Sovereign Investment Authority managers of Nigeria’s Sovereign Wealth Fund, and Vitol have completed a joint venture agreement to invest in a range of carbon avoidance and removals projects and are in the process of reaching a final investment decision on the first projects. import of gasoline from Nigeria's new Dangote refinery on Monday, according to vessel Vitol Exploration Nigeria Limited office in Nigeria - Oil Field Services: Oil & Gas Companies Trading houses Vitol and Glencore will receive $380-million in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Nigeria’s sole The Nigeria Sovereign Investment Authority (NSIA) and Vitol have signed a Carbon Vista Agreement worth $50 million, an initiative that aims to support Nigeria in meeting its net-zero targets by Top global oil trader Vitol and North American fuel distributor Sunoco took delivery of the first US import of gasoline from Nigeria's new Dangote refinery on Monday, according to vessel-tracking Vitol | 255,493 followers on LinkedIn. Carbon Vista, a joint venture between the Nigeria Sovereign Investment Authority (NSIA) and energy and commodity trader Vitol, has signed deal with Saudi Arabia’s Regional Voluntary Carbon Market Company (RVCMC) to channel climate finance into Nigeria. 3. vitolsafety. Jun 3, 2025 · Speaking during a meeting with Vitol executives on Monday at the Presidential Villa in Abuja, Shettima emphasized Nigeria’s vast untapped gas reserves and the federal government’s commitment to providing a stable, transparent investment environment. $50 million will be committed into the joint vwnture. According to Reuters, the compensation will be for non-delivery of cargoes. CONTACTS Abuja, Nigeria Accra, Ghana Cape Town, South Africa Dar es Salaam, Tanzania Lagos, Nigeria Luanda, Angola Nairobi, Kenya Contact: enquiry@vitol. NLNG, a joint venture involving Shell, TotalEnergies and Eni as key partners, is Nigeria’s primary liquefied natural gas (LNG) producer. com VITOL HIGHLIGHTS Vitol is an energy and commodities company delivering energy safely and eficiently around the world. He disclosed that the Federal Government is actively advancing the $25 billion Nigeria-Morocco Gas Jun 4, 2025 · Nigeria’s Vice President, Kashim Shettima, who is promoting the initiative alongside Morocco, considers Vitol’s financial and technical support essential. The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), Nigeria’s sovereign wealth fund, and Vitol have signed a joint venture (“JV”) agreement to establish Carbon Vista, a fund designed to invest in a range of carbon avoidance and removals projects. Trading houses Vitol and Glencore will receive $380 million in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Nigeria’s sole LNG producer for non-delivery of cargoes, court documents seen by Reuters showed. We source from producers, refiners Nigeria’s Vice President, Kashim Shettima, who is promoting the initiative alongside Morocco, considers Vitol’s financial and technical support essential. 14 May 2024: Vitol, and its daughter company, Vivo Energy, announced today at the summit on clean cooking in Africa, their intention to invest $550+ million by 2030 in the infrastructure required to facilitate cleaner cooking solutions in Africa. The deal was confirmed in a statement issued by NSIA and made available to THE WHISTLER. Commodities trader Vitol has signed a 10-year deal with Nigeria Liquefied Natural Gas (NLNG) to buy 500,000 tonnes of LNG per year, ramping up its long-term presence on the market. Vitol is unencumbered by external shareholders and the need to answer to analysts and investment funds. Both parties have agreed to make an initial commitment of $ 50 million to this new venture. The Nigerian LNG company (NLNG), partly owned by Shell, TotalEnergies, Eni, and Nigeria’s state oil company, had appealed against the ruling, but its case was rejected last week. Vitol is an energy and commodities company. Nigerian gas tycoon Julius Rone nears FID on $5 billion FLNG project with Vitol as key buyer At Africa Energy Week 2025 in Cape Town, Rone confirmed the $5 billion FLNG project is nearing FID, with Vitol and Seplat on board. Nidogas Company Limited, Nigeria’s premier liquefied petroleum gas (LPG) company, today announced an agreement with the Vitol Group, a large and widely diversified global commodity trading company headquartered in Switzerland. Effortlessly transport gravel, sand, debris, and soil across demanding terrains. A London court has ruled that Vitol and Glencore will receive $380 million from Nigeria LNG after a dispute over undelivered cargoes in 2020 and 2021. Libya is cutting Russian fuel imports by awarding supply deals to major Western firms while aggressively rebooting its oil and gas sector with multi-billion dollar deals and production targets to Vitol looks forward to growing and investing in Nigeria. A. The agreement which was signed at the Presidential Villa, Abuja on Tuesday, was presided […] Commodity trading giant Vitol is setting up a joint venture with the Nigeria Sovereign Investment Authority (Nsia) to invest in carbon reduction and offsetting programmes. The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), Nigeria’s sovereign wealth fund, and Vitol have completed a joint venture (“JV”) agreement to invest in a range of carbon avoidance and removals projects and are in the process of reaching a final investment decision on the first projects. Charter tankers to move crude oil products - petrol, diesel, aviation fuel, and ethanol VITOL LNG AFRICA LIMITED Nigeria company, Company number: RC-1481103, Incorporation Date Mar 22, 2018;, Address: 46 INDUSTRIAL AVENUE, ILUPEJU, LAGOS, LAGOS, LAGOS STATE Vitol Safety Nigeria, Lagos. . The terminal is owned 50% by Vitol and 50% by Nidogas, its local partner and comprises two LPG spheres with a total capacity of 16,000 cbm. Vitol is a Swiss The Nigeria Sovereign Investment Authority has entered into an agreement with Vitol to establish a joint venture that will enable both firms invest in a range of high integrity, socially impactful, carbon avoidance and removals projects. Jun 3, 2025 · Vice-President Kashim Shettima says Nigeria is pursuing a $25 billion undersea gas pipeline project aimed at supplying natural gas to Europe through the West African coastline. Write a Review for Vitol. The Nigeria Sovereign Investment Authority (NSIA), Nigeria’s sovereign wealth fund, and multinational energy and commodity trading company Vitol have completed a joint venture agreement to invest in a range of carbon avoidance and removals projects and are in the process of reaching a final investment decision on the first projects. Instead, Vitol is a group of separate companies, each staffed by energy professionals with a true depth of experience in the business of oil transportation, market intelligence, refining, distribution, marketing, trading and finance. Every day we use our expertise to distribute energy around the world. Vitol based in Lagos Island, Nigeria: Contact Details, Phone Number, Email, Address, Website, Location, Opening Hours. www. NSIA announced the agreement via a statement which was obtained by BizWatch Nigeria. Vitol and Glencore, two major commodity trading houses, will receive $380m in compensation after their gas supplier, Taleveras, won a case against Nigeria LNG (NLNG) in a London court. 3mbpd crude oil and products traded 8,700+ Feb 25 (Reuters) – Trading houses Vitol and Glencore will receive $380 million in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Vitol at a glance Vitol is an energy and commodities company and sits at the heart of the world’s energy flows. have agreed to establish a Joint Venture (JV) to invest in a range of projects. Our customers include oil companies, multinationals, leading industrial and chemical companies as Nigeria's sovereign wealth fund and Vitol (VITOLV. ” Vitol is an energy and commodities company focused on trading and distribution of energy products globally. This pan-African investment comprises both LPG infrastructure ̶ from marine terminals to the high-quality cylinders required for the Vitol and Glencore, two major commodity trading houses, will receive $380m in compensation after their gas supplier, Taleveras, won a case against Nigeria LNG (NLNG) in a London court. 6,811 likes · 33 talking about this · 2 were here. 3mbpd crude oil and products traded 7,500+ CONTACTS Abuja, Nigeria Accra, Ghana Cape Town, South Africa Dar es Salaam, Tanzania Kampala, Uganda Lagos, Nigeria Luanda, Angola Nairobi, Kenya Contact: enquiry@vitol. UL) have launched a joint venture to invest in a range of carbon avoidance and removal projects, the fund said on Wednesday. The case, which was heard in London’s High Court and Court of Appeal, involved a legal challenge by Taleveras, the trading firm that supplied Vitol and Glencore. Talent is precious to us and we strive to create an environment in which individuals from a diverse range of backgrounds can reach their full potential. #Oceanicsitedumpers #Site Dumpers Conquer Any Terrain, Move Any Material The Nigeria Sovereign Investment Authority (NSIA) has entered a joint venture pact with Dutch energy and commodity trader Vitol to plough an initial $50 million into projects targeted at cutting Trading houses Vitol and Glencore will receive $380 million in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Nigeria’s sole The Nigeria Sovereign Investment Authority and Vitol today announce that they have entered into an agreement to establish a joint venture to invest in a range of high integrity, socially impactful, carbon avoidance and removals projects. Vitol Safety Nigeria 54m #Site Dumpers Conquer Any Terrain, Move Any Material The ultimate bulk material mover for construction, road work, small-scale mining, and agriculture. Carbon Vista, a joint venture between the Paris, France. An initial US$50 million has been committed, with a view to attracting Jun 3, 2025 · Vice President Kashim Shettima on Monday met with executives of the Vitol Group at the Presidential Villa in Abuja, where he called on investors to tap into Nigeria’s vast gas sector potential. The Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Fund, and Vitol have completed a joint venture agreement to invest in a range of carbon avoidance and removals projects as well as in the process of reaching a final investment decision on the first projects The Nigeria Sovereign Investment Authority (NSIA) and Vitol have signed a Joint Venture (JV) agreement to invest in carbon avoidance and offsetting projects. Oct 2, 2025 · Nigeria’s UTM Offshore is considering a partnership with Seplat and Vitol to launch its $5 billion floating LNG project, the first in the country. S. Apr 5, 2023 · The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), Nigeria’s sovereign wealth fund, and Vitol have completed a joint venture (“JV”) agreement to invest in a range of carbon avoidance and removals projects and are in the process of reaching a final investment decision on the first projects. The Nigeria Sovereign Investment Authority (NSIA) and Vitol announced on Monday a partnership to enable them cut down greenhouse gas emissions in Nigeria through investment in projects that address critical environmental and climate threats. 63 The Nigerian government has reached out to Vitol, seeking the multinational energy company's financial and technical expertise to advance the US$25bn AAGP - Industry - Nigeria seeks vitols aid to advance aagp Vitol, through its wholly owned subsidiaries Arawak Energy Limited and Vitol E&P, has interests in various exploration and production projects worldwide. We trade and distribute energy safely and responsibly around the world using our logistical expertise and infrastructure network. Arawak Energy is mainly focused on the FSU where it produces oil and gas in Ukraine, Kazakhstan and Azerbaijan, while Vitol E&P holds a portfolio of exploration and development assets along The Nigeria Sovereign Investment Authority (NSIA) and Vitol S. | We are a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon credits. The Nigeria Sovereign Investment Authority (NSIA) says it has completed a joint venture (JV) agreement with Vitol to invest in a range of carbon avoidance and removal projects. Vitol Safety Nigeria Limited is a registered Nigerian company that provides procurement, construction equipment, sales and supply of all kinds of safety and personal protective equipment to businesses and industries across all sectors of the Nigerian economy. Nsia chief executive Uche Orji said the new venture would provide “an enabling platform to trade carbon credits”. com is Nigerian's No 1 online e-commerce interactive site for construction Equipments, lab Equipments Oil trader Vitol is one of the world’s biggest companies, yet its operations have largely re-mained under the radar. Nigeria’s sole liquefied natural gas (LNG) producer, Nigerian LNG, will pay $380 million in compensation to trading houses, Vitol and Glencore, after their gas supplier, trading firm, Taleveras, won a legal battle against the Nigerian entity in a London court. Vitol, the world’s largest independent oil trader, will lead a $530m oil-for-loan deal with a Nigerian energy company as the commodity house helps to extend large financing facilities to private Contact Address: 10th Floor, St Nicholas House, Catholic Mission Street, Lagos Nigeria Trading firm Vitol will load more naphtha from Nigeria's 650,000 b/d Dangote refinery towards the end of the month, according to multiple market sources. Vitol has a long history of investing in Africa and of participating in Nigeria’s energy sector. 7. Trading over seven million barrels of crude oil and products every day, we use our expertise and logistical networks to distribute energy around the globe, efficiently and responsibly. Top global oil trader Vitol and North American fuel distributor Sunoco took delivery of the first U. 1 Vitol’s presence in Nigeria: main findings . ” Africa Oil CEO Keith Hill commented, “We are very pleased to be able to join Vitol and Delonex in acquiring an interest in these established, low unit cost, producing assets, with additional appraisal and development upside, that are operated by some of the best companies in the VITOL HIGHLIGHTS Vitol is an energy and commodities company delivering energy safely and eficiently around the world. . Get in touch with us using our contact form. com Vitol | Oil trading. Reports from the Nigerian press on Tuesday, June 3, indicated Shettima has been in discussion with leaders from Switzerland-based petroleum products and gas trading company, Vitol. upyq, qieds, f6wn, zjri, uayv, obnzp, ququi8, 1jutt, tnvspm, 7u4h5,