Vitol
Dutch energy and commodity trading company - Vitol was founded in Rotterdam in 1966 by Henk Vietor and Jacques Detiger. It is complemented by processing, transportation, terminals, exploration and production, electricity and retail, while physical transactions, logistics and distribution constitute the backbone of the business.
Vitol has 40 offices worldwide, with the largest in Geneva, Houston, London and Singapore. With 2018 revenues of $231 billion, the company is the world's largest independent energy trader and will be ranked #9 on the Fortune Global 500.
Vitol ships more than 350 million tonnes of crude oil annually and controls 250 mega tankers and other vessels. Worldwide. On average, it processes more than 7 million barrels of petroleum and petroleum products per day, equivalent to the daily consumption of Japan, the world's third-largest oil consumer after the United States and China.
Founded: 1966
Headquarters: Geneva, Switzerland; Rotterdam, Netherlands
Market cap: updating
Revenue: decrease US$140 billion (2020)
Website: www.vitol.com