Barbados vitol power

Does Vitol have a power plant in the UK?

In 2013, Vitol invested in its first power plant, VPI Immingham in the UK. The combined heat and power plant (CHP) is one of the largest of its kind in Europe, capable of generating 1,240 MW and up to 930 tonnes of steam per hour which is used by nearby refineries. The gas-fired plant provides approximately 2.5% of UK peak electricity demand.

Who is Vitol?

For over 50 years Vitol has served the world’s energy markets. As a displacement fuel, gas will be a key part of the energy transition. A strong and experienced power trading team in the world’s largest markets. We are determined to be an active participant in the energy transition. For our story, what we do, how we work, why and who we are.

What makes Vitol unique?

A strong and experienced power trading capability in the world’s largest markets. Over $2.5 billion committed to sustainable energy investments across a range of innovative and circular economy solutions. Vitol supplies marine fuels from key strategic locations including some of the largest bunkering hubs across the globe.

Who owns Vitol?

Vitol, through its wholly owned subsidiaries Arawak Energy Limited and Vitol E&P, has interests in various exploration and production projects worldwide.

What makes Vitol a great company?

A multi-phase upgrade at Vitol’s VPR Energy refinery in Rotterdam has transformed it into one of Europe’s best environmentally performing sites. Our people are our business. They are a key differentiating factor that drives our success. It is their ideas, dedication and the way they work together, day in and day out that makes a difference.

How many offices does Vitol have?

Vitol has over 40 offices worldwide, with its largest operations in Geneva, Houston, London, and Singapore. [ 8 ] With revenues of $505 billion in 2022, [ 9 ] Vitol is the largest independent energy trader in the world, and would be the second-largest company worldwide as measured by revenue on the Fortune Global 500 list. [ 10 ]