CORPORATE STRATEGY

After Years of Monster Profits, Vitol Shops for New Assets

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  • Swiss giant Vitol is by some distance the world’s most successful energy trader, with net profits over the past two years far exceeding $10 billion.
  • Vitol is spending some of that windfall on new downstream oil and gas assets in Europe and Asia and expanding its renewables portfolio.
  • The company is also a canny investor and has a knack for buying and selling assets at the right time, especially in the US.

The Issue

Topics:
M&A, Trade, Corporate Strategy, Shale, Refining
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