News
08 April 2024

Vitol 'posts $13bn profit in 2023'

In:
Oil & gas
Region:
Europe

Vitol made a net profit of $13 billion in 2023, the Financial Times reported, citing people with knowledge of the company's results. This is down from a record $15 billion net profit the Swiss trader made in 2022, according to a non-public balance sheet reviewed by Reuters. Vitol...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
02 September 2024

Too high a price

Africa pays a premium for its debt that in many instances it should not. Why the onerous debt costs? And what can be done about it without major systemic change?

Perspective
06 September 2024

If I had a nickel

ECAs, DFIs and banks to Madagascar’s Ambatovy nickel mine project financing are facing a wipe out of $1.66 billion loans under a new shareholder restructuring proposal. Though...