Vitol SA Revenue and Competitors

Vitol is thriving proof that a multi-billion dollar oil conglomerate does not have to be a lumbering corporate giant. Certainly, we are by any standards a major force in world energy trading. We ship 200m tonnes of oil a year; we have revenues of over $100bn; and we offer 24-hour coverage of the world markets. We also couple physical resources with in-depth expertise in risk management. But there any similarity with monoliths ends. Founded in 1966 with the focused aim of trading oil and oil products, Vitol is still resolutely an independent company. We are unencumbered by external shareholders and the need to answer to analysts and investment funds. 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. Our shareholders are our employees, and this fosters a true spirit of partnership internally: every facet of the business and its well-being is of fundamental importance to us all. We attract talented entrepreneurs who respond to the exciting opportunities that an independent company gives them. We're strong, resourceful and adept at managing risk. We trust our people, and give them considerable responsibility. We make decisions quickly, with short chains of command. This, in turn, plays to long-standing partnerships with our customers, who look to Vitol for nimble thinking, creative solutions - and an unwavering commitment to reliability.