Vitol ceo

Raintree Property 20 25 Membership Info Image

Vitol ceo

Taylor joined Vitol in 1985 and climbed the corporate ladder to eventually land the CEO spot a decade later. Along with Glencore’s CEO Ivan Glasenberg and Trafigura’s late co-founder and former chairman and CEO Claude Dauphin, Taylor is widely Mar 15, 2018 Vitol appoints Russell Hardy as Group CEO. After Brent crude oil prices fell below $100 per barrel Tuesday, Ian Taylor, president and CEO of oil trader Vitol, said he does not expect prices to keep falling, Reuters reports. com/articles/116628-vitol-inks-dealVitol, already the world’s largest oil trader, is “committed” to developing a long-term LNG market, Group CEO Russell Hardy said in September. 7 million. S. Every day we use our expertise and logistical networks to distribute energy around the …By choosing Hardy as the new CEO, Vitol passed over the oil trader’s other top managers including Mike Loya, who heads the company in the Americas, and Kho Hui Meng, head of Asian operations. Our content creates conversations, our voice is the one that matters. Vitol CEO Ian Taylor. Employee Reviews Sort: Popular Rating Date. Russell Hardy, CEO of Vitol, believes that as the world’s sixth largest fuels market Brazil has a lot of potential for business. Rising U. Get to know Vitol Inc. A Company’s Values are established by leadership and have a profound impact on how a company’s culture is formed. "It is thanks to the hard work and A Naked Capitalism Win: and tied all that up with the embattled CEO of scandal-ridden money laundering Vitol is the largest trader of oil and refined products Vitol and Peabody, along with ARQ, to turn coal waste into low-sulphur oil product ARQ CEO Julian McIntyre told Reuters in an interview that its fuel would meet the new standards and could be Vitol will blend Arq Fuel into fuel oil and crude oil and will work to position Arq Fuel as a low-cost blending component with specific customers. 5 million. Ian Taylor, former Vitol CEO, is still the chairman, and is Feb 5, 2018Oct 20, 2017The Vitol Group is a multinational organization dealing in energy and commodity trading. The company was founded in 1996 and is headquartered in Rotterdam, the Netherlands. liquefaction. (NIOC) to loan it an equivalent of $1 billion in euros guaranteed by future exports of refined products, four sources familiar with the matter said. Rodoil's rapid growth since it was founded in 2006 demonstrates both the market potential and quality of the company's leadership. Both are close in age to Taylor, who is 62. Vitol is a global energy and commodity trading company, founded in 1966 in Rotterdam, The Netherlands, where it is registered, with its head office in Geneva, Switzerland. “We are looking at multiple M&A opportunities in downstream Vitol CEO Email address contact and Telephone number format BARCELONA, Spain — The volume of global natural gas trading could “easily double” in the coming years as the fuel becomes increasingly more important, Vitol CEO Russell Hardy told an industry conference in Barcelona. By continuing your navigation, you consent to their use. The Vitol Group is a global energy and commodity trading company that was founded in Ian Roper Taylor (born 7 February 1956) is chairman and former Global CEO of The Vitol Group, the world's largest independent energy trader. Pros. June 2018 – Present 7 months. In Conversation with Ian Taylor, Chairman and Group CEO, Vitol Vitol Chairman and Group CEO, Ian Taylor, sits down with Evan Davis to discuss the challenges of managing a global energy logistics business at a time of low commodity prices. , on Monday, Feb. KARACHI: Vitol Group CEO Ian Taylor paid a one-day visit to Pakistan and had the opportunity to meet various petroleum industry leaders and the Hascol management team for further enhancement of Vitol, which was founded in 1966 as a pure middleman, is expanding into oil exploration and production, refining and retail marketing. reviews. He has been a member of Vitol's executive committee since 2007 and was named CEO of the Europe, Middle-East and Africa region in 2017. We are committed to maintaining this excellent track record and greatly look forward to working with the Petrol Ofisi team to capitalise on Turkey’s strong economic Vitol Inc. Russell Hardy, CEO ; Ian Taylor, Chairperson. It is a private company consisting of all 3200 employees as its shareholders. full-time (Less than a year) Pros. Friday, 3 August, 2018. As Vitol Inc. Mr. The purchase price for LNG will be indexed to the monthly Henry Hub price Some of the world’s largest oil traders including Vitol Group, Morgan Stanley and Royal Dutch Shell Plc are asking a judge to stop the disclosure of millions of records gathered by the top U. Mar 15, 2018 · The outgoing CEO took his most damaging reputational hit in 2007 after allegations Vitol paid about $13 million in “surcharges” to the regime of Saddam Hussein to secure oil shipments. January 2015 – September 2017 2 years 9 months. Great company to work for, nice coworkers, free food and snacks, on-site gym. Cons. 28. The chief executive of Vitol, the world’s biggest independent oil trader, said the decline in U. Register to The Independent to comment. Previously Vitol SA and Seplat Petroleum Dev. Mitka is the CEO, Chief Investment Officer, and a founding partner of 2MC Capital. Mr Taylor had the opportunity to meet with various Petroleum Industry leaders and the Hascol Management Team for further enhancing business interests of the Vitol- Hascol alliance. Nevertheless Mr. A corporate filing is called a foreign filing when an existing corporate entity files in a state other than the state they originally filed in. ”Ian Taylor, president and CEO of Vitol, said investment reflects the company’s confidence in the Nigerian economy. Vitol paid $1m to the Serbian paramilitary leader Arkan to help salvage a secret deal to supply oil to a company in Slobodan Milosevic’s Serbia, according to The Observer. President and Managing Director, Vitol Asia Pte Ltd President & CEO of Vitol Asia Pte. 17 release. Harvey Foster. Search by name. The Vitol Group is a global energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Vitol CEO sees oil industry shrinking 10/6/2017 LONDON (Reuters) — The world’s largest oil trader Vitol expects the oil industry to shrink given the quickening pace of the global shift to electric cars and away from fossil fuels, its chief executive said on Thursday. , which also operates under the name Noble Americas Corp. 6/5(20)Vitol - The Oil Industry's Hidden Giant | John V De Jong www. 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 industry. Join the Conversation Cancel Reply. The organizational chart of Vitol displays its 69 main executives including Rick Evans, Max Bulk and Russell Hardy We use cookies to provide a better service. 407bn on a 50% interest in a Nigerian oil company. Vitol today announced that Ian Taylor has become Chairman of the Vitol Group and Russell Hardy Group CEO. LNG traded volumes for this year are expected to be around 9 million tonnes from 7. Matthew Moore, CEO, commented, “Our tremendous growth this quarter is a function Newsmakers FSD Pharma Appoints Top GW Pharmaceuticals Executive, Rupert Haynes, as Chief Executive OfficerView Harvey Foster’s profile on LinkedIn, the world's largest professional community. Vitol has two head offices in Netherlands and Switzerland. " ( 5/25/18 ) "The world's largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. Oct 05, 2017 · Vitol CEO Ian Taylor told an event at Chatham House in London he saw oil demand peaking around 2028-2030. Australia is a growing economy and we look forward to working with the management team to strengthen and grow the business. Owner/CEO · Bradenton, Florida For Over 30 Years, Vitol has been a supplier of Natural Supplements and Body Buidling Products, continuously stretching the boundaries of Innovation. This organization primarily operates in the Crude Petroleum and Natural Gas Production business / industry within the Oil and Gas Extraction sector. Vitol CEO recommends adding more grades to Brent Crude benchmark Feb 18, 2014 Crude from Africa and the Caspian Sea should be added to the Brent benchmark to make up for declining oil production in the North Sea, said Ian Taylor, chief executive officer of Vitol Group. Russell Hardy CEO of Vitol said the company has a long history of investing in Nigeria’s energy sector and is proud to add this significant upstream asset to infrastructure and downstream Nigerian investments. Ian Taylor, the legendary oil trader who stepped down as CEO of Vitol Group this month to become chairman, is seeking joint ventures and long-term structured deals with some of the Middle East’s “We are pleased to announce this long-term SPA with Vitol, one of the fastest growing players in the global LNG market,” Jack Fusco, Cheniere’s president and CEO, said in a written statement. Mr Ian Taylor Chairman & CEO- Vitol Group paid a one day visit to Pakistan. Services, Energy trading, Commodity trading. Mar 15, 2018 Hardy takes helm from Taylor as CEO of trading giant Vitol. Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally – it trades over seven million barrels per day of crude oil and products and, at any time, has 250 ships transporting its cargoes. Geneva-based energy and commodity trading firm Vitol has signed a 15-year liquefied natural gas (LNG) sale and purchase agreement with US-based energy company Cheniere. 20 Vitol S. Vitol’s President & CEO, Ian Taylor said: “This is a strong business in a growing market. ” Top Management VITOL. Matthew Moore, CEO, commented, “Our tremendous growth this quarter is a function Newsmakers FSD Pharma Appoints Top GW Pharmaceuticals Executive, Rupert Haynes, as Chief Executive OfficerMr Ian Taylor Chairman & CEO- Vitol Group paid a one day visit to Pakistan. Petrol World provides latest Petrol Industry World News from the most comprehensive global news network on the internet. ON Global Commodities (EGC), one of the leading participants in international Vitol Close to Deal with NOC By editor2 on December 1, 2015 in Oil & Gas The Financial Times reports that Vitol, the world’s biggest independent oil trader, is close to finalising a deal with the Tripoli-based National Oil Corporation (NOC) to supply billions of dollars of fuel. Oil prices could stay low for a decade: Vitol CEO February 9, 2016 Company News , Crude Oil , Featured , News , World 0 Oil prices will stay low for up to a decade, as Chinese economic growth slows and the U. vitol. He joined Vitol in 1993 from BP and has held a number of trading and management roles in Singapore and London. We are pleased and proud to add this significant upstream asset …[GENEVA] Vitol Group named Russell Hardy as chief executive officer, replacing Ian Taylor at the helm of the world's biggest independent oil trader. Vitol Group, the world’s largest oil trader, revised down its demand forecast on Tuesday for both this year and next. Founder and CEO Leading traders such as Vitol CEO Ian Taylor and Royal Dutch Shell’s former head of crude trading Mike Mueller have been among those to express concern about the long-term decline in North Sea Vitol subsequently paid USD 17. Put simply, our role is to help you achieve more. oil exports will put oil prices under renewed pressure in 2018 but they could recover towards $60-$65 a barrel in the next two to three years, the head of Vitol, the world's largest Vitol Group, the world’s largest oil trader, revised down its demand forecast on Tuesday for both this year and next. Vitol SA (Vitol) has signed a multi-year deal with Angola LNG Limited (ALNG) for the supply of LNG. businessinsider. "The splitter is a well-run asset in a good strategic location at the heart of Rotterdam's oil and petchem industry. Taylor, CEO of The Vitol Group (Vitol) says that crude prices can be expect to hover within a "band" of $40 to $60 per barrel for up to a decade, Bloomberg Business The statement came after a meeting between NOC Chairman Mustafa Sanalla and Eni CEO Claudio Descalzi. Local companies Seriti Resources and Exxaro Resources expressed interest earlier. Vitol is a global energy and commodity trading company, founded in 1966 in Rotterdam, The Netherlands, where it is registered, with its head office in Geneva, Switzerland. Vitol, already the world’s largest oil trader, is “committed” to developing a long-term LNG market, Group CEO Russell Hardy said in September. Vitol CEO Ian Taylor told an event at Chatham House in …CEO & Founder · Ternopil Project is something like stackoverflow, codeproject, linkedin and also programmers can to competition with each other. Vitol Group CEO meets industry leaders in Pakistan. Overview. Put simply, our role is to help you Russell Hardy, CEO, Vitol said: “Vitol has a long history of investing in Nigeria’s energy sector. A consortium led by Vitol has spent $1. * Traders grab lion's share as rival Gunvor cedes positions * Breakthrough for Glencore as it gets Rosneft invitation * Vitol dominates Mediterranean trade, CEO meets Sechin By Dmitry Zhdannikov The kind of crazy up-and-down movements of the oil markets in recent weeks and months is not a ripe opportunity for a major trading company like Vitol. One of the world’s largest independent energy trading companies Our Group CEO, Russell Hardy, The world's largest oil trader Vitol has appointed Russell Hardy as group chief executive, the company said on Thursday, while long-time CEO Ian Taylor has become chairman. Ian Taylor is President and CEO of Vitol, a global energy and commodities company with 40 offices worldwide and business interests in oil refining, distribution, shipping, storage, power generation, exploration and production, as well as petrol service stations across Africa and Australia. Vitol CEO Ian Taylor told an event at Chatham House in London he saw oil demand Nigerian energy group Oando has sold a majority stake in its fuels business to trading house Vitol and Helios Investment Partners for $276m as it moves to restructure its business to deal with low Executive Director, Vitol Foundation Biography I have recently returned to Vitol as CEO of the Vitol Foundation, having previously worked for Vitol in a very different capacity until 2011. I worked at Vitol S. S. Commenting on the deal Russell Hardy, Group CEO at Vitol, said that LNG will play an important role in the future energy mix and Vitol's shipments are expected to begin this year. Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally – it trades over seven million barrels per day of crude oil and products and, at any time, has 250 ships transporting its cargoes. Vitol is an energy and commodities company and sits at the heart of the world’s energy flows. Vitol, which was founded in 1966 as a pure middleman, is expanding into oil exploration and production, refining and retail marketing. is right for you. Algeria’s state-run energy producer Benoit Faucon and Sarah Kent broke news that Vitol Group SA, one of the world’s largest oil traders, was in talks with Iran to resume buying its oil when sanctions are lifted. Ian Taylor, former Vitol CEO, is still the chairman, and is The Vitol Group is a multinational organization dealing in energy and commodity trading. Since the signing of the Vitol- Hascol alliance, this is Mr Taylor’s first visit to the country. Tweet Share Share. The world’s largest oil trader Vitol expects the oil industry to shrink given the quickening pace of the global shift to electric cars and away from fossil fuels, its chief executive said on Thursday to Reuters. oil exports will put oil prices under renewed pressure in 2018 but they could recover towards $60-$65 a barrel in the next two to three years, the head of Vitol, the world's largest oil trader, said on Thursday. Vitol is committed to the long-term development of the LNG market. He is also the Mar 15, 2018 Vitol Group named Russell Hardy as chief executive officer, replacing Ian Taylor at the helm of the world's biggest independent oil trader. Author: Bloomberg Markets and FinanceViews: 1. Russell Hardy, CEO, Vitol said; “Brazil has significant potential and is already the world's 6 th largest fuels market. buzzfeed. V. Vitol yesterday announced that Ian Taylor has become Chairman of the Vitol Group and Russell Hardy Group CEO. “The funds will be used to refinance existing debt and provide us with working capital to expand production,” CEO Kola Karim told Bloomberg. Highly driven atmosphere and ample rewards for those willing to work for it. Vitol CEO Ian Taylor at Platts Global Energy Outlook Forum: Plunging Oil Prices Part of Long-Term Market Cycle of Highs and Lows Executives, Economists, Industry Experts Explore World Energy Video: Ian Taylor, chief executive and president of Vitol, the world's largest oil trading company, speaks to Sky News' Ian King about the effect of global oil prices. It trades carbon credits and owns carbon credit aggregator CRM. Vitol CEO recommends adding more grades to Brent Crude benchmark Feb 18, 2014 Crude from Africa and the Caspian Sea should be added to the Brent benchmark to make up for declining oil production in the North Sea, said Ian Taylor, chief executive officer of Vitol Group. 45 Introduction Jim Pedersen (CEO) 9. A. is ultimately a wholly-owned subsidiary of Vitol Investment Partnership Limited, an investment vehicle sponsored and managed by the Vitol Group. Sep 20, 2018 · Separately, Cheniere also announced this week that its Cheniere Marketing LLC subsidiary inked a liquefied natural gas deal with Switzerland-based …with Rob Nijst, CEO, VTTI 03. Negotiations to buy Noble Group’s (OTCPK:NOBGF, OTCPK:NOBGY) oil trading unit are “very complicated” and may not end in a deal, Vitol CEO Ian Taylor tells Bloomberg. A free inside look at company reviews and salaries posted anonymously by employees. Below is the link to a very interesting article about the company which was published on Bloomberg last year. Russell Hardy. You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. About Vitol. filed as a Foreign For-Profit Corporation in the State of Texas on Friday, October 27, 2006 and is approximately twelve years old, according to public records filed with Texas Secretary of State. , is located in Stamford, Connecticut. "I can see that band lasting for five to ten years. We Vitol likes to keep things moving. " ( 5/25/18 ) "The world's largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. Tom Ramsey was appointed the CEO of Centurion Terminals LLC, the company said Oct. Its market leading brand has benefitted from OMV’s focus on high standards of HSSE. Since the signing of the Vitol- Hascol alliance, this is Mr. 21 July 2016 in Fuel Retailing AMEA . com/worlds-largest-oil-trader-is-changing-its-strategy-2018-3Mar 22, 2018 Vitol, the world's largest oil trader, is talking with Abu Dhabi, Bahrain, and Kuwait. 3 mb/d, a dramatic revision. 02. https. oil exports will put oil prices under renewed pressure in 2018 but they could recover towards $60-$65 a barrel in the next two to three years, the head of Vitol, the world's largest Vitol average salary is $135,369, median salary is $125,000 with a salary range from $80,800 to $200,000. Website, www. The Vitol Group is a Swiss-based and Dutch-owned multinational energy and commodities company, with operations focused on Geneva, London, Houston and Singapore. Vitol was founded by Henk Viëtor and Jacques Detiger in 1966. Oil giant Vitol had been fined £13m in 2007 after admitting illicit payments to the Iraqi state oil company, and in 2012 had traded oil with Iran after EU sanctions had been put in place. The Vitol Group is a multinational organization dealing in energy and commodity trading. Vitol Inc. It is a private company consisting of …Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider Ian Taylor is President and CEO of Vitol, a global energy and commodities company with 40 offices worldwide and business interests in oil refining, distribution, shipping, storage, power Title: President & CEO at Vitol GroupConnections: 0Industry: Oil & EnergyLocation: London, United KingdomVitol Group (@vitolgroup) | Twitterhttps://twitter. Co. Read more here. Vitol has already discussed condensates and crude sales once sanctions are lifted and also possibly crude swaps, one person said. employees. BARCELONA, Spain — The volume of global natural gas trading could “easily double” in the coming years as the fuel becomes increasingly more important, Vitol CEO Russell Hardy told an industry conference in Barcelona. According to an article by Reuters , Vitol was the company to organise the first controversial sale of Libyan rebel oil …1:11 *Vitol CEO Meeting Iran Oil Min on Possible Oil Deal – Sources 1:18 *Vitol-Iran Oil Talks Focusing on Condensates, Swaps – Sources. [2] [5] Though physical trading, logistics and distribution are at the core of the business, these are complemented by refining, shipping, terminals, exploration and production, power generation, mining and retail businesses. Commenting on the transaction, Ian Taylor, President & CEO, Vitol, said: “This transaction will enable Varo Energy to benefit from the synergies of consolidation and an extensive storage and distribution network. Photograph: Karen Bleier/AFP/Getty Images “The biggest company you’ve never heard of” is a label regularly 20 Vitol S. Physical trading, logistics and distribution are at the core of the business, but are complemented by …. July 5 -- Oil prices won’t rise much further over the next year and a half as demand growth slows and refiners comfortably meet gasoline consumption, according to the world’s largest The Vitol Group is an energy and commodities company. Feb 05, 2018 · Feb. Learn about the Board of Directors, Executive Committees and CEO compensation in this industry. com. Now business is becoming more competitive than ever. Ian Taylor, President and CEO of Vitol Group, stated that 2009 was very tough while 2010 would become even harder. Selim Şiper, the CEO of Petrol Ofisi (PO), said that the Netherlands-based commodity and energy trading company Vitol Group's investment is a very important indicator of confidence in Turkey. Asked whether the Oil production starts for Vitol offshore Ghana "This is great news for the project and for Ghana," Chairman and CEO Ian Taylor said in a statement. It also cut this year’s forecast to 1. Handling more than 7 million barrels of crude and petroleum products a day, closely held Vitol is formally incorporated in Rotterdam with major operations in Geneva, London Further to the announcement in October 2017, Vitol US Holding Co. Russell Hardy, Group CEO at Vitol, said, “We are delighted to be working with Cheniere, a pioneer in U. 20 Vitol S. Feb. The Vitol Group is a multinational organization dealing in energy and commodity trading. It is a private The Vitol Group is a global energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Company was designed as a trading shop and it is one of the best run trading shops I know. Vitol CEO Ian Taylor at Platts Global Energy Outlook Forum: Plunging Oil Prices Part of Long-Term Market Cycle of Highs and Lows Executives, Economists, Industry Experts Explore World Energy Representing another ripple of the US oil boom, trading giant Vitol said Thursday it bought a 50% stake in a West Texas gathering company with an eye toward improving infrastructure to move more Permian Basin oil to market. in Mumbai . The company is privately held by about 350 employee-shareholders who enjoy hearty dividends ($820m in 2015). In 2016, the Vitol Foundation supported 141 projects through 111 partners in 64 countries. Owner, Vitol Holding B. Get Top Management, MD , CEO , HR Manager Contact details with Email id of Vitol Singapore Pte Ltd. "I …Feb 05, 2018 · Feb. oil exports will put oil prices under renewed pressure in 2018 but they could recover towards $60-$65 a barrel in the next two to three years, the head of Vitol, the world's largest Get Top Management, MD , CEO , HR Manager Contact details with Email id of Vitol Singapore Pte Ltd. What we do. He has been a member of Vitol's executive committee since 2007 and was named CEO of the Europe, Middle-East and Africa region in 2017. Virgin Islands Water and Power Authority (WAPA) power plants because of outstanding invoices for propane that Vitol delivered to the power plants over the past three months, according to WAPA. Welcome to connected thinking. Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally – it trades over seven million barrels per day of crude oil Vitol’s CEO sees up-and-down oil prices, but it isn’t an opportunity The kind of crazy up-and-down movements of the oil markets in recent weeks and months is not a ripe opportunity for a major trading company like Vitol. Vitol said in a statement that Hardy joined the firm in 1993 and held a number of trading and management roles in Singapore and London. Russell has 30 years' Mar 15, 2018 Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company Mar 15, 2018 Ian Taylor, the British businessman who built Vitol into the world's chief executive of Glencore, and Claude Dauphin, the late founder of Feb 5, 2018 Feb. Tweet with a location. for 70,000 metric tons/year. GENEVA and LONDON (Bloomberg) -- Vitol Group named Russell Hardy as CEO, replacing Ian Taylor at the helm of the world’s biggest independent oil trader. Harvey has 1 job listed on their profile. Further to the announcement in October 2017 “We believe that LNG has an important role to play in the future energy mix,” Vitol CEO Russell Hardy said in a statement. Physical trading, logistics and distribution are at the core of the business, but are complemented by refining, shipping, terminals, exploration and production, power generation, mining and retail businesses. crude production is coming to an end. are among nine companies that submitted bids to construct new oil refineries in Nigeria as Africa’s top crude producer seeks to boost output of refined fuel and end its dependence on imports, Bloomberg reports. LONDON (Reuters) - Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider, Russell Hardy, as the new group CEO. KARACHI: Vitol Group CEO Ian Taylor paid a one-day visit to Pakistan and had the opportunity to meet various petroleum industry leaders and the Hascol management team for further enhancement of The Vitol news blog provides the latest information about the Vitol Group, one of the world's largest and most agile energy traders. Russel Hardy, Vitol CEO, says: 'Brazil has significant potential and is already the world's 6th largest fuels market. 08 billion (USD 7. Speaking to reporters, Sonatrach CEO Abdelmoumen Ould Kaddour said that Vitol was selected from five companies that participated in a tender to ship its crude outside the country and have it sent back as refined fuel. oil exports will put oil prices under renewed pressure in 2018 but they could recover towards $60-$65 a barrel in the next two to three years, the head of Vitol, the world's largest Ian Taylor, President and CEO of the Vitol Group of companies, said: “We are privileged to have another significant opportunity of working with Rosneft, as it continues to build its position as a global leader in oil and gas. The world's largest oil trader Vitol has appointed Russell Hardy as group chief executive, the company said on Thursday, while long-time CEO Ian Taylor has become chairman. Every programmer can publish articles about programming and IT. Taylor said two years ago he was battling cancer although he Vitol President and CEO Ian Taylor said: “This is an exciting acquisition for us, a good company led by an experienced management team and underpinned by the value of the Shell brand. He also expressed scepticism over the significance of a potential OPEC CEO E. Wednesday, December 2, 2009. View Vitol executives and board members on Equilar BoardEdge to see their work history, biographies, and network of professional business contacts at companies such as Serina Therapeutics, Inc. Vitol is one of the world’s largest traders of energy and Mr Taylor has been an integral part of the company’s expansion since he first joined from Shell in 1985. Enhanced due diligence of all third party agents (questionnaires, interviews, agreements) Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally – it trades over 6mbpd of crude oil and products and, at any time Vitol to make 2020 bunkers from coal waste Trader and owner teams with Peabody on new low-sulphur fuel project. Ian Roper Taylor (born 7 February 1956) is chairman and former Global CEO of The Vitol Group, the world's largest independent energy trader. We are also diversifying our services to encompass the forestry market and other carbon related services as well as project financing. CEO & other corporate executives. Prior to winning the Rosneft tender, Vitol’s long-time CEO Ian Taylor, a Briton, met Sechin, industry sources said. London, United Kingdom. Angola LNG Marketing Ltd CEO, Artur Pereira said: “This sales agreement is an important step for Angola LNG and demonstrates our ability to respond to the needs of our customers and the market. Vitol was founded by Henk Viëtor and Jacques Detiger in 1966. Its acquisition will enhance our offering to our customers across the region," Russell Hardy, Vitol CEO for Europe, Middle East and Africa, said in the statement. Its focus is oil trading, although it also trades other commodities including sugar, metals and grain. Thursday, 22 February, 2018. Russell Hardy, CEO, Vitol said; “Brazil has significant potential and is already the world’s 6th largest fuels market. ” Vitol paid $1m to the Serbian paramilitary leader Arkan to help salvage a secret deal to supply oil to a company in Slobodan Milosevic’s Serbia, according to The Observer. He has a Master of Engineering from Imperial College, London. Vitol has teamed up with unlisted company, Bergh Group, whilst the Phakamisa consortium, in which former Harmony Gold CEO, Bernard Swanepoel, participates has joined forces with Trafigura. Vitol said in a statement that Hardy joined the firm in 1993 and held a number of trading and management roles in Singapore and London. He speaks exclusively to Bloomberg's Manus Ian Taylor, president and chief executive officer of Vitol Group, speaks during a Bloomberg Television interview in London, U. Vitol salaries are collected from government agencies and companies. Rodoil’s rapid growth since it was founded in 2006 demonstrates both the market potential and quality of the company’s leadership. 1 Rating. “We are pleased to announce this long-term SPA with Vitol, one of the fastest growing players in the global LNG market,” Jack Fusco, Cheniere’s president and CEO, said in a written statement. Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally – it trades over 6mbpd of crude oil and products and, at any time An Oxford graduate, Taylor began his career at Shell in 1978 working in South America and southeast Asia. News and analysis on petrol, oil, energy, business, finance, politics, economy, and more. [1] [2] [4] Though physical trading, logistics and distribution are at the core of the business, these are complemented by refining, shipping, terminals, exploration and production, power generation, mining Vitol today announced that Ian Taylor has become Chairman of the Vitol Group and Russell Hardy Group CEO. 7m tonnes of gas per year from US producer. 9KHardy Takes Over as Vitol CEO - worldenergyreports. Glassdoor has 20 Vitol S. But because the company is a partnership, everyone is engaged in scrutinizing and evaluating risk at all times. About us. Ian Roper Taylor is the Chief Executive Officer and President of the Vitol Group of companies. Taylor’s first visit to the country. worldenergyreports. The Vitol Group is a Swiss-based and Dutch-owned multinational energy and commodities company, with operations focused on Geneva, London, Houston and Singapore. full-time (More than 3 years) Pros. vitol ceo The kind of crazy up-and-down movements of the oil markets in recent weeks and months is not a ripe opportunity for a major trading company like Vitol. Russell has 30 years’ experience in the oil industry. That is when business became much tighter. ” Taylor said Vitol turned in a “very solid trading year” despite challenging conditions. It was founded in Rotterdam in 1966 by Henk Viëtor, and is a private company, with 3,200 Russell Hardy, Group CEO at Vitol, said, “We are delighted to be working with Cheniere, a pioneer in U. 00 – 8. 00 Q&A 8. Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider, Russell Hardy, as the new group CEO. * Traders grab lion's share as rival Gunvor cedes positions * Breakthrough for Glencore as it gets Rosneft invitation * Vitol dominates Mediterranean trade, CEO meets Sechin By Dmitry Zhdannikov The Vitol Group and Sargeant Marine, an asphalt trading, storage and transportation business, announced that Vitol will acquire a 50 percent interest in Sargeant Marine for an undisclosed sum. 5 million in restitution for its actions. Over 500 million professionals are already on …Title: Country Manager at Vitol GroupConnections: 1Industry: Oil & EnergyLocation: Cape TownRead The Emails Between The Tory Government And The World https://www. 5 million in restitution for its actions. 30 – 10. Ian Taylor, the legendary oil trader who stepped down as chief executive officer of Vitol Group this month to become chairman, is seeking joint ventures and long-term structured deals with some of Vitol Corporate Social Responsibility (CSR) website address Energy and commodity trading company Vitol signed a multi-year LNG purchase agreement with Gazprom Marketing & Trading’s Singapore unit. "I think it has done what it is going to do for a while," Taylor said. President and CEO of Vitol Group Ian Taylor participates in a question and answer session during the Oil & Money conference in London October 1, 2013. The Vitol Group is an energy and commodities company. 5, 2018. Ian Taylor, the legendary oil trader who stepped down as CEO of Vitol Group this month to become chairman, is seeking joint ventures and long-term structured deals with some of the Middle East’s The deal 'continues Cheniere's commercial momentum and supports our growth plans,' stated the company's CEO. Taylor argued in favor of diversifying into other types of activities. com/vitolgroupThe latest Tweets from Vitol Group (@vitolgroup). Physical trading, logistics and distribution are at the core of the business, but are complemented by refining, shipping, terminals, exploratio The world’s largest oil trader Vitol expects the oil industry to shrink given the quickening pace of the global shift to electric cars and away from fossil fuels, its chief executive said on Thursday to Reuters. *Vitol’s President and CEO, Ian Taylor. 14. Vitol: Tough work but staff stay loyal due to huge bonuses . Country Manager at Vitol Group. Last update: March 16, 2018 Russell Hardy has 30 years’ experience in the oil industry. Instead of expanding by 1. Rodoil's rapid growth since it was founded in 2006 demonstrates both the market potential and quality of the company's leadership. “As part of the funding arrangements, Shoreline will work with Vitol to market the crude, and in the development of its export logistics capabilities. ”Dec 12, 2015 · Vitol was a backer of the Libyan revolution Taylor’s first experience of far-flung oil-rich nations came as a child living in Iran, where his father was a senior manager for ICI, the British May 16, 2017 · The Vitol Group is an energy and commodities company. Under the agreement, Gazprom Marketing & Trading will deliver 300,000 metric tons of LNG per year to Vitol, starting in 2018. In fact, its CEO and chairman Ian Taylor says that whipsaw activity is a nightmare for his company. S Om os. 5441. South Korean shipping company KSS Line is renewing its liquefied petroleum gas (LPG) transportation contract with energy and commodities company Vitol. 35 billion it made in 2014, though the company does not publicly release its profits. It offers energy, physical trading, logistics, oil, commodities, oil products. 3 million from the previous 1. Vitol is an energy and commodities company and sits at the heart of the world’s energy flows. , a majority shareholder in Latvian Shipping Company (LSC), has proposed to delist and sell 200 million bearer shares of the shipping company, listed on Nasdaq Riga. reviews submitted anonymously by Vitol S. Arq CEO Julian McIntyre told Reuters in an interview that its fuel would meet the new standards and could be used by the shipping industry to cut costs. from Noble Group Ltd. full-time. Ian Taylor, CEO of The Vitol Group (Vitol) says that crude prices can be expect to hover within a "band" of $40 to $60 per barrel for up to a decade, Bloomberg Business reports. MITKA CORBY, CEO & CHIEF INVESTMENT OFFICER. My mission is to build new digital businesses that leverage our unique distribution network of circa 5. 05 -- Vitol CEO Ian Taylor discusses his outlook for oil, OPEC production cuts, electric vehicles in China, shale oil, and the Saudi Aramco IPO. Vitol Chairman and Group CEO, Ian Taylor, will sit down with Evan Davis to discuss the challenges of managing a global energy logistics business at a time of low commodity prices, considering how financial and physical business risks can be managed in this environment and how responsible corporate behaviour can be ensured. Join the Conversation. Taylor is CEO of the Vitol Group, the world's largest independent oil trader. (SGX:CGP). Rob Nijst, CEO of VTTI BV and VTTI Energy Partners said: "Since inception, we have developed an independent storage company supported by the financial strength and market insight offered by Vitol, the world's largest independent energy trading company. By …* Traders grab lion's share as rival Gunvor cedes positions * Breakthrough for Glencore as it gets Rosneft invitation * Vitol dominates Mediterranean trade, CEO meets Sechin By Dmitry Zhdannikov Robin D’Alessandro is the CEO of the Vitol Foundation, the philanthropic arm of the Vitol Group of Companies. He has been a member of Vitol’s executive committee since 2007 and was named CEO of the Europe, Middle-East and Africa region in 2017. Russell Hardy, CEO, Vitol said: ‘Vitol has a long history of investing in Nigeria’s energy sector. Taylor, an Oxford-educated trader who led the firm for The chief executive of Vitol, the world's largest oil trader, said on Wednesday he did not see the global oil market tightening before 2018. By choosing Mr Hardy as the new CEO, Vitol passed over the oil trader's other top managers including Mike Loya, who heads the company in the Americas, and Kho Hui Meng, head of Asian operations. The Vitol Group is an energy and commodities company. He has over 18 years of experience trading physical Oil products, Oil derivatives, FX, and technology related derivatives. People, Places, Product: We Join the Dots Rob Nijst, CEO “At VTTI we know that by being safe, reliable and instantly responsive, we have the ability to help our customers seize market opportunities. . With revenues of $152 billion in 2016, it is the largest independent energy trader in the world, and would rank eighth on the Fortune Global 500 list. Rising U. Close. Vitol Netherlands B. Number of employees. On November 22, 2018, KSS Line inked a KRW 8. Vitol has already purchased many LNG cargoes from Angola LNG. The latest Tweets from Vitol Group (@vitolgroup). Vitol Group named Russell Hardy as chief executive officer, replacing Ian Taylor at the helm of the world’s biggest independent oil trader. . Read employee reviews and ratings on Glassdoor to decide if Vitol S. “We believe that LNG has an important role to Vitol CEO says does not see tighter oil market before 2018 in Oil & Companies News 29/09/2016 The chief executive of the world’s largest oil trader Vitol said he did not see the global oil The organizational chart of Vitol displays its 69 main executives including Rick Evans, Max Bulk and Russell Hardy We use cookies to provide a better service. com/news/detail/hardy-takes-over-asVitol said in a statement that Hardy joined the firm in 1993 and held a number of trading and management roles in Singapore and London. We believe that LNG has an important role to play in the future energy mix and that its evolution will require a more flexible and tradeable LNG market. We are pleased and proud to add this significant upstream asset …Rising U. Vitol CEO. Vitol suspended the flow of LP gas to two U. Get to know Vitol SA CEO & other corporate executives. People are on arrogant side, but they know what they do. chief executive of Glencore, and Claude Dauphin, the late founder of Mar 22, 2018 Vitol, the world's largest oil trader, is talking with Abu Dhabi, Bahrain, and Kuwait. In 2013, the Vitol Group and VTTI launched their first ever global fundraising initiative. Every day we use our expertise and logistical networks to distribute energy around the world, efficiently and responsibly. It would also reduce the volume of pollutants coming from the coal industry. Vitol Group. “We believe that LNG has an important role to play in the future energy mix and that its evolution will require a more flexible and tradeable LNG market,” said Russell Hardy, Group CEO at Vitol. In fact, Vitol’s concern came when the market was overly bullish and the oil price increased to USD 147 per barrel. since 1999, Director of Vitol Group of Companies since 2002, Chairman of Viva Energy Holding Pty Ltd. “We are pleased to announce this long-term SPA with Vitol, one of the fastest growing players in the global LNG market,” Jack Fusco, Cheniere’s president and CEO, said in the Sept. Vitol CEO sees oil industry shrinking 10/6/2017 LONDON (Reuters) — The world’s largest oil trader Vitol expects the oil industry to shrink given the quickening pace of the global shift to electric cars and away from fossil fuels, its chief executive said on Thursday. In November last year, Petrobras initiated the sale of 100 percent of Petrobras Oil & Gas BV , or Petrobras Africa, as part of its strategy to offload $21 billion in assets in 2018 to save the company that is heavily-indebted and also facing a massive corruption scandal. Tweet with a location. According to an article by Reuters, Vitol was the company to organise the first controversial sale of Libyan rebel oil to Tesoro Corporation in early April Ian Roper Taylor, Vitol CEO *Ian Roper Taylor, Vitol CEO. ALNG cargoes will be delivered to Vitol at destinations around the world. “We are pleased to announce this long-term SPA with Vitol, one of the fastest growing players in the global LNG market,” said Jack Fusco, Cheniere’s President and CEO. 7 million tons of liquefied natural gas each year, Group CEO at Vitol. The Vitol Group is a Swiss-based, Dutch-owned multinational energy and commodity trading company. I think it's fundamentally different," said Taylor, crediting slowing Vitol was a backer of the Libyan revolution Taylor’s first experience of far-flung oil-rich nations came as a child living in Iran, where his father was a senior manager for ICI, the British In a phone interview, Vitol CEO Ian Taylor characterized his company’s 2012 results as “steady. VIP Terminals Finance B. Rob Nijst, CEO “At VTTI we know that by being safe, reliable and instantly responsive, we have the ability to help our customers seize market opportunities. Biography. Approves of CEO. *In its 50-year history, the publicity-shy energy company hasn’t seen an annual loss. LONDON, Oct 5 (Reuters) - Rising U. Russell Hardy, CEO, Vitol said: “Vitol has a long history of investing in Nigeria’s energy sector. It is a private Mar 15, 2018 Vitol Group named Russell Hardy as chief executive officer, replacing Ian Taylor at the helm of the world’s biggest independent oil trader. The field is operated by Mellitah Oil and Gas, a joint venture between the NOC and Eni. Ltd. [1] [2] [4] Though physical trading, logistics and distribution are at the core of the business, these are complemented by refining, shipping, terminals, exploration and production, power generation, mining and retail businesses. Through its different subsidiaries Approves of CEO. Port of Corpus Christi Poised to Export LNG, Geopolitical Relationships – Port CEO applauds Senate Energy Committee for convening LNG export hearing Newsletters and Press Releases Subscribe to our mailing list Vitol Americas Corp. 9KVitol Inks Deal with Petronas for LNG Canada Supply | 2018 https://www. Vitol Chairman and Group CEO, Ian Taylor, sits down with Evan Davis to discuss the challenges of managing a global energy logistics business at a time of low commodity prices, considering how financial and physical business risks can be managed in this environment and how responsible corporate behaviour can be ensured. Vitol Inc. "The industry is in for a period of shrinkage. The proposal is set to be discussed at the extraordinary shareholder meeting scheduled for December 20, 2017. A. Company Values at Vitol. 05 -- Vitol CEO Ian Taylor discusses the oil market and OPEC production cuts. Led by CEO Ian Taylor, and the Vitol Foundation CEO Robin D’Alessandro, this was a challenge that bought in every employee across the globe. According to results provided by the company, Vitol, which is a private partnership, racked up revenues of $303 billion in 2012. Vitol Group. “Employees find it a much more pleasant setting,” says Loya. Its acquisition will enhance our offering to our customers across the region. He speaks exclusively with Bloomberg's Manus Cranny in London. 15 million) one-year contract with Vitol. Russell Hardy, Group CEO at Vitol, said, "We are delighted to be working with Cheniere, a pioneer in U. LONDON, Oct 5 (Reuters) - Rising U. Ivan Glasenberg, CEO, Glencore, said: “We are pleased to begin this new agreement with Rosneft, which increases our access to one of the world’s most important oil markets. Vitol handles almost 270m tonnes of crude oil and other products in any one year. Vitol’s chief executive Russell Hardy told the Reuters Commodities Summit the company had revised its outlook for oil demand for next year to 1. edu/5284791/Vitol_-_The_Oil_Industrys_Hidden_GiantThe CEO describes Vitol's approach to risk management as "relatively informal," in the sense that there isn't a dedicated risk-assessment group. GENEVA, Feb 28 (Reuters) – Vitol, the world’s biggest oil trader, reported revenues that topped $300 billion for the first time in 2012, while its profit margin was under increasing pressure The company, once a global commodity trader with ambitions to rival Glencore or Vitol, has shrunk to an Asian-centric business focused on coal and freight trading after it slashed hundreds of jobs and sold prized assets to cut debt Cheniere has signed a 15 year deal with Vitol to sell roughly 0. There are many benefits that Vitol provides its employees so you basically take you're entire paycheck home rather then spending it on things you need at work, like parking in 3. In November last year, Petrobras initiated the sale of 100 percent of Petrobras Oil & Gas BV , or Petrobras Africa, as part of its strategy to offload $21 billion in assets in 2018 to save the company that is heavily-indebted and also facing a Oil giant Vitol had been fined £13m in 2007 after admitting illicit payments to the Iraqi state oil company, and in 2012 had traded oil with Iran after EU sanctions had been put in place. "A market that is up $3 in the morning, down at lunchtime and then20 Vitol S. The CEO Magazine is more than a business title; it’s a source of information, inspiration and motivation for the world’s most successful leaders, executives, investors and entrepreneurs. By choosing Hardy as the new CEO, Vitol passed over the oil trader’s other top managers including Mike Loya, who heads the company in the Americas, and Kho Hui Meng, head of Asian operations. challenges, the design team has greatly improved Vitol’s environment—which, the CEO believes, will enhance the way people work. Vitol’s LPG (propane) trading arm is said to be typical of its structure. Vitol buys Cheniere LNG cargoes over 15 years Trader and owner taking 0. The energy trading company ships petroleum products, ethanol, dry goods (coal, sugar), liquid natural gas and liquid petroleum gas, and chemicals around the world. Ian Taylor is President and CEO of Vitol, a global energy and commodities company with 40 offices worldwide and business interests in oil refining, distribution, shipping, storage, power By choosing Hardy as the new CEO, Vitol passed over the oil trader’s other top managers including Mike Loya, who heads the company in the Americas, and Kho Hui Meng, head of Asian operations. Ian Taylor, Chairman and CEO Vitol Group, paid a one-day visit to Pakistan. Gamson left Vitol, the world's largest independent oil trader, in 2009 after roles on the management team and as vice chairman of its trading committee, Freepoint said. Ian Taylor, the British businessman who built Vitol into the world’s largest independent oil trading company, is to step down from his role as chief executive to become chairman. GM&T will supply the chilled fuel CEO & Founder · Ternopil Project is something like stackoverflow, codeproject, linkedin and also programmers can to competition with each other. comhttps://www. Both are close in age to Mr Taylor, who is 62. Vitol signs flexible 15-year deal for LNG from Cheniere’s trading arm . (Bloomberg) -- Vitol Group named Russell Hardy as chief executive officer, replacing Ian Taylor at the helm of the world’s biggest independent oil trader. No opinion of CEO. oil exports will put oil prices under renewed pressure in 2018 but they could recover towards $60-$65 a barrel in the next two to three years, the head of Vitol, the world's largest oil trader, said on Thursday. Russell Hardy, CEO EMEA Vitol said: “The splitter is a well-run asset in a good strategic location at the heart of Rotterdam’s oil and petchem industry. Russell Hardy, Group CEO at Vitol, said, “We are delighted to be working with Cheniere, a pioneer in U. On Global Commodities. naturalgasintel. Website. Taylor, an Oxford-educated trader who led the firm for more than 20 Vitol CEO. Noble co-CEO paid $20m in 2017 despite record $5bn loss . Executive Director, Vitol Foundation Biography I have recently returned to Vitol as CEO of the Vitol Foundation, having previously worked for Vitol in a very different capacity until 2011. 05 -- Vitol CEO Ian Taylor discusses his outlook for oil, OPEC production cuts, electric vehicles in China, shale oil, and the Saudi Aramco  The world's largest oil trader is changing its strategy - Business Insider www. After more than two decades in the post, Taylor stepped aside as chief executive officer this month to be replaced by long-time board member and EMEA CEO, Russell Hardy. has signed a liquefied natural gas (LNG) sale and purchase agreement (SPA Taylor is CEO of the Vitol Group, the world's largest independent oil trader. Bloomberg TV Taylor also signalled that it should be a bumper year for Vitol, saying the company's net income this year would surpass the $1. Vitol average salary is $135,369, median salary is $125,000 with a salary range from $80,800 to $200,000. Save. 5k fuel stations across emerging markets. Mar 15, 2018 Russell Hardy takes over helm of independent oil trading company. Hakkımızda. Since the signing of the Vitol-Hascol alliance, this was his first visit to the Taylor accompanied by Hascol's top management proceeded for the stone-laying ceremony at the Hascol Terminal, Port Qasim. has completed its acquisition of Noble Americas Corp. 05 -- Vitol CEO Ian Taylor discusses his outlook for oil, OPEC production cuts, electric vehicles in China, shale oil, and the Saudi Aramco IPO. extends its global commodities reach with natural gas exports, the Swiss trader has inked a 15-year contract with Houston’s Cheniere Energy Inc. Most recently, Ramsey was head of North American crude oil marketing and midstream at Vitol Inc. “We believe that LNG has an important role to Russell Hardy, CEO, Vitol said: “Vitol has a long history of investing in Nigeria's energy sector. CEO – Vitol Group Visited Pakistan For Vitol Hascol Alliance Mr Ian Taylor Chairman & CEO – Vitol Group paid a one day visit to Pakistan. Vitol CEO. vitol ceoRussell Hardy, CEO ; Ian Taylor, Chairperson. Vitol Group provides energy and trading services. Revenue, Increase US$181 billion. “I cannot think of anyone else who would dare to take such a Ian Taylor, President & CEO, Vitol said: "MISC has been an excellent partner over the last five years and we have greatly enjoyed working with them. Mr Taylor, an Oxford-educated trader who led the firm for more than two decades of impressive growth, will remain chairman. Ian Taylor, the former CEO of Vitol Group, who just recently stepped down as CEO to become chairman this month, is seeking joint ventures and long term structured deals with some of the largest oil producing nations of the Middle East. Ian Taylor, CEO of The Vitol Group (Vitol) says that crude prices can be expect to hover within a "band" of $40 to $60 per barrel for up to a decade, Bloomberg Business reports. One of the world’s largest independent energy trading companies Our Group CEO, Russell Hardy, gave the @Reuters Global Commodities Summit his outlook on the market for the year ahead today. 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 industry. Will not be published. We are pleased and proud to add this significant upstream asset to our infrastructure and downstream Nigerian investments. As Vitol CEO, Taylor was able to increase the company’s value by a whopping 3,500% from $278 million in 1996 to almost $10 billion in 2015. Michel Buron, CEO and Founder of KYOTOenergy, said: “Beyond its trading expertise, Vitol brings further credibility to our expanding company. shale industry acts as gatekeeper for any rally, according to the world’s largest independent oil-trading house. Dec 12, 2015 · Vitol forked out $17. 7 million tonnes per annum (mtpa) of LNG from Cheniere Marketing on a free on board basis for a 15-year period. View profile. He joined Vitol in 1985 and became group President and CEO in 1995. Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider LONDON (Reuters) - Ian Taylor, who helped build Vitol into the world’s biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long Vitol today announced that Ian Taylor has become Chairman of the Vitol Group and Russell Hardy Group CEO. 02. By . Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally – it trades over 6mbpd of crude oil and products and, at any time Trader and shipowner Vitol is teaming up with IFM Investors to take control of Dutch energy storage company VTTI. Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider Vitol has two head offices in Netherlands and Switzerland. The chief executive of the world's largest oil trader Vitol said he did not see the global oil market tightening before 2018. K. Rob Nijst, CEO “At VTTI we know that by being safe, reliable and instantly responsive, we have the ability to help our customers seize market opportunities. 4 million in 2017. FILE PHOTO - CEO of Vitol Group Ian Taylor participates in a question and answer session during the Oil & Money conference in London October 1, 2013. academia. Through its different subsidiaries Mr Ian Taylor Chairman & CEO- Vitol Group paid a one day visit to Pakistan. Through its different subsidiaries Vitol subsequently paid USD 17. Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider, Russell Hardy, as the new group CEO. The company distributes more than 270 million tonnes of crude oil per year and stands as the largest energy trader in the world. Mar 15, 2018 Vitol today announced that Ian Taylor has become Chairman of the Vitol Group and Russell Hardy Group CEO. Vitol is in discussions to seal either joint venture, or long-term offtake and supply agreements with Abu Dhabi, Bahrain, and Kuwait, Ian Taylor, who stepped down as CEO last week to become Prior to Vitol, David spent 20 years at BP primarily engaged in natural gas and LNG marketing and trading activities; he jointly established BP’s LNG trading business in 1999. We store, handle and connect oil flows around the world. Vitol traded over 7 million bpd of crude and products in 2017 and Hardy said the figure would edge up in 2018. Oil and gas trader Vitol and renewables-investor Low Carbon announced they’re partnering on a €200 million (about $234 million) fund to invest in renewable energy generation throughout Europe. Address , contact numbers, contact details of CIO , Chief Finance Officer CFO, HR Head, Sales Head, Purchase Head, Admin Head, Marketing Head or Manager also available. 7 million barrels per day in 2018, Vitol now sees global oil demand rising by only 1. Russell has 30 years' experience in the oil industry. Approve of CEO. 30 – 15. Vitol likes to keep things moving. 2010 / Energyboardroom Since its foundation in 2006, VTTI has experienced an impressive growth not only in North-West Europe but also worldwide. ” Ian Taylor, President and CEO of the Vitol Group of companies, said: “We are pleased to have concluded an important long-term contract with Rosneft, one of our Dutch Origins Rotterdam-based Vitol was founded half a century ago by a pair of Dutchmen and under Taylor, has aggressively expanded its operations worldwide, with main trading floors now located in London, Geneva, Singapore and Houston. Russel Hardy, Vitol CEO, says: 'Brazil has significant potential and is already the world's 6th largest fuels market. Cheniere and Vitol announced a new sale and purchase agreement (SPA), under which Vitol will buy approximately 0. Vitol looks forward to continuing to grow and invest in Nigeria,” said Russell Hardy, CEO of Vitol. Your trust is our top concern, so companies can't alter or remove reviews. However, Taylor argues that it never actually paid any bribes, and he …The world's largest oil trader Vitol has appointed Russell Hardy as group chief executive, the company said on Thursday, while long-time CEO Ian Taylor has become chairman. 15 Company Positioning and Strategy Jim Pedersen (CEO) Vitol did not disclose the value of the deal. See the complete profile on LinkedIn and discover Harvey’s connections and jobs at similar companies. “We still need long-term contracts to launch projects,” Mike Sabel, co-chief executive officer and founder of Venture Global LNG, said at the Gastech conference in Barcelona Tuesday. The Vitol Group is a global energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. ” CEO at Garçon Wines - the flat wine bottle people Johanna Guppy Marketing Manager - Looking for new opportunities - available immediately for either permanent or contract roles Vitol has 40 offices worldwide and its largest operations are in Geneva, Houston, London, and Singapore. 3 million barrels per day from previous 1. Vitol appoints Russell Hardy as Group CEO. The world's largest oil trader Vitol has appointed Russell Hardy as group chief executive, the company said on Thursday, while long-time CEO Ian Taylor has become chairman. , Australia (previously Shell Downstream Australia) since its incorporation in August 2014 and Director of Boustead Petroleum Sdn. Add an author here. The latest Tweets from Vitol Group (@vitolgroup). “Rodoil’s rapid growth since it was founded in 2006 demonstrates both the market potential and quality of the company’s leadership. 2010 / Energyboardroom Since its foundation in 2006, VTTI has experienced an impressive growth not only in North-West Europe but also worldwide. He will be Vitol looks forward to continuing to grow and invest in Nigeria,” said Russell Hardy, CEO of Vitol. com/jamesball/vitol-draftVitol CEO Ian Taylor's email to Michael Fallon A spokeswoman for Vitol told BuzzFeed News Taylor’s communication about the UK refineries was “disinterested”. Robin D’Alessandro is the CEO of the Vitol Foundation, the philanthropic arm of the Vitol Group of Companies. Vitol warns crude could pass $150. He also expressed scepticism over the significance of a potential OPEC The chief executive of the world's largest oil trader Vitol said he did not see the global oil market tightening before 2018. filed as a Foreign Business Corporation in the State of New York on Friday, January 5, 2001 and is approximately seventeen years old, as recorded in documents filed with New York Department of State. Share on Twitter (opens new window) Share on Facebook (opens new window) Vitol, which was founded in 1966 as a pure middleman, is expanding into oil He has been a member of Vitol’s executive committee since 2007 and was named CEO of the Europe, Middle-East and Africa region in 2017. Vitol Capital Management Ltd. View Harvey Foster’s profile on LinkedIn, the world's largest professional community. The chief executive of Vitol, the world’s biggest independent oil trader, said the decline in U. Christopher Delbrück has been Chief Executive Officer of E. V. He is also the majority shareholder in Harris Tweed Hebrides, the primary producer of the historic Harris Tweed cloth, which he helped to rescue in 2005. We pride ourselves on our cutting edge formulation. with Rob Nijst, CEO, VTTI 03. It is a private company consisting of …Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider FILE PHOTO - CEO of Vitol Group Ian Taylor participates in a question and answer session during the Oil & Money conference in London October 1, 2013. CEO Tagsmart. Video: Ian Taylor, chief executive and president of Vitol, the world's largest oil trading company, speaks to Sky News' Ian King about the effect of global oil prices. 5m in fines but avoiding sanctions against individual executives. Earlier this year, Vitol named Russell Hardy as chief executive officer, replacing Taylor who retained the chairman's role. View profile badges. Key policies, systems and controls: Know Your Customer and Your Business Policy. The CEO Magazine is more than a business title; it’s a source of information, inspiration and motivation for the world’s most successful leaders, executives, investors and entrepreneurs. July 5 -- Oil prices won’t rise much further over the next year and a half as demand growth slows and refiners comfortably meet gasoline consumption, according to the world’s largest Russell Hardy, Group CEO at Vitol, said, “We are delighted to be working with Cheniere, a pioneer in U. "We believe that LNG has an important role to play in the future energy mix," CEO Russell Hardy said in a statement