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Vitol

Energy

Nigeria launches Carbon avoidance Initiative, as NSIA, Vitol release $50m Initial Commitment

An initial sum of $50 million has been released by Nigeria Sovereign Investment Authority, NSIA, and Vitol (a multinational energy and commodities company), as a commitment to the kick-off of the carbon avoidance and removal initiative of the Nigerian Government…

NewsDirect
April 6, 2023

Energy

Vitol predicts demand drop amid rising oil, gas prices

World’s largest independent crude oil trader, Vitol, believes people might stop purchasing the commodity as price rises in global market – a situation being experienced in Nigeria. The oil major’s head of Asia, Mike Muller, said expensive energy will deplete…

NewsDirect
January 19, 2022