Vitol, Gunvor and Trafigura say bribery is over – but reform will take more than words Energy The chief executives of Vitol, Gunvor and Trafigura declared the era of bribery in the sector to be over last week. But Rhodri Morgan argues that it will take a lot more than words if the companies are serious about putting an end to corruption in the industry
Trading house Vitol reports another bumper year of profit on higher gas trading volumes energy Russell Hardy, the group's chief executive noted in a statement last month that the energy markets have become "ever more important and ever more complex."
Commodity traders still made bank last year despite calmer markets COMMODITIES Global commodity trading generated more than £79bn in earnings before taxes (EBIT) in 2023.
‘Global oil demand will peak beyond 2030’ – Vitol CEO February 27, 2024 The head of Vitol has said the ongoing conflicts in the Eastern part of the globe have not moved the market towards significantly greater distress.