Vitol Financial Statements 2019

We consistently worked to implement the Rosneft-2022 Strategy approved by the Board of Directors and delivered strong results across a variety of business lines, which helped us cement our leadership in the energy market. Previously, on May 03, 2018, Intercontinental Exchange, Inc. Cross references to Form 20-F are set out on pages 02–03 of this Report. We also advised Vitol on the Immingham CHP plant in the UK from ConocoPhilips and the subsequent sale of a 25% stake. 2019 united states securities and exchange commission form 20-f; 2019 annual report; 2018 united states securities and exchange commission form 20-f. One of the ways OPIC has helped us is by giving us the confidence to go into these markets and take risks. 5 million, respectively, which includes $129. Financial results for Q3 and 9M 2017. Zenrock was founded in Singapore in 2014 by a group of traders including Xie Chun, Zenrock Commodities’ president, formerly from Unipec, and Tony Lin, formerly Vitol’s China head. 63742 113050. Storii Global, Inc. Frontline owns and operates a large and modern fleet. Portfolio comprising industrial parks, real estate and hospital projects. The Supervising Minister of Education, Nyesom Wike has stressed the need to re-awaken the interest of State and Local Governments and other stakeholders to effectively implement the Home Grown School Feeding Programme (HGSFP) launched in 2005 geared at enhancing enrolment at the primary school level. We know electricity providers and natural gas companies aren’t all the same. Have a question about us? 33 Broadway, Newmarket. In a departure from prior cases, the Commission assessed penalties well below Enforcement Staff's recommended six-million-dollar penalty for the company, in light of the individual. Equivalent amounts in USD and EUR were calculated at the specified exchange rates and do not represent the Group’s financial statement data. • Preparation of costing schedules according to process costing system. The Financial Times and its journalism are subject to a self. The Company has executed payment deferral letters with its senior debt lender, Vitol Energy (Bermuda) Ltd. World Fuel Services Corporation Reports First Quarter 2020 Results. 23 Financial Achievements at a glance 25 Notice of Annual General Meeting 30 Statement of Compliance with the Code of Corporate Governance 33 Review Report to the Members on Statement of Compliance with the Code of Corporate Governance 35 Statement of Compliance with the Issue of Sukuk Regulations, 2016. Lafarge Africa Plc is a member of the LafargeHolcim Group – the biggest building and concrete solutions company in the world. The fund shall be. A goal-oriented professional, adept at delivering quality result with multi-tasking skills. 0 million and $175. ), a subsidiary of Vitol US Holding Co. 2019 Top 25 companies in Mexico by Revenue in 2017 2017 was the first year Mexico’s gross public sector debt dropped after its drastic and continuous growth for the last 12 years, peaking in 2016. InterContinental Hotel Berlin. Analyst salary report(s) provided by employees or estimated based upon statistical methods. We assure worldwide reliable energy and commodities supplies. The summary. The court filing alleged OTC was in financial distress and had breached loan covenants. Shell alone trades the equivalent of 13 million barrels a day of oil, dwarfing the nearly 7. A financial plan showing how the project will be supported beyond the grant period. To file an official comment on a proceeding before the Commission, please follow our Rules of Practice. Takapuna, Auckland 0622. Global energy trader Vitol and Mozambique's state oil firm, ENH, have launched a trading joint venture called ENH Energy Trading, Vitol said on Tuesday, to focus on liquefied natural gas (LNG. KPC Contact Information. In 1961, the Company was renamed to its current name. ” Three separate invoices for shipments of gasoil highlight the case of Vitol’s critics. Financial Statements and Supplementary Data – Note 5 to the consolidated financial statements for further detail. In October 2019… 10 Mar 2020 Sunken Submarine USS Stickleback Found. CRE Fund I a series of Hack VC, LP. Invest on your own. nugu is the worst state to do business in Igboland, the World Bank has said in its latest Ease-of-Doing Business. " Is there any chance of this role moving into a trading role. gasoil 20% and gasoline 13%," Hardy said in a statement. Vitol Aviation can also offer customers fixed price derivative as well as carbon reduction instruments. Total and Vitol waiting on new minister Abdourahmane Cisse to get started After Thierry Tanoh was sacked from the ministry of petroleum, energy and the development of renewable energies on December 10, leaving the country's top oil job free, there was a short scuffle for the role. and/or CPC Corporation, (Financial Statements). Illinois Power Agency Facilities Fund - 426. The Sojitz Group consists of approximately 400 subsidiaries and affiliates located in Japan and throughout the world, developing wide-ranging general trading company operations in a multitude of countries and regions. Pertamina menjalankan kegiatan bisnisnya berdasarkan prinsip-prinsip tata kelola korporasi yang baik sehingga dapat berdaya saing yang tinggi di dalam era globalisasi. We produce an interim report for the six-month period ending 31st March and an annual report which covers the full financial year from 1st October to 30th September. Statutory Auditor’s report on the Consolidated Financial Statements. Energy traders Unipec and Vitol placed the lowest offers in a tender by Bangladesh Petroleum Corp to buy nearly 1. (August 10, 2019). Navios Maritime Holdings Inc. Acquired Timberland in 2011, Dickies in 2017 and Icebreaker in 2018. The Federal Energy Regulatory Commission has determined that Vitol and an individual, Federico Corteggiano, engaged in violations of the Commission's prohibition on energy market manipulation through a scheme to sell physical power at a loss in the California Independent System Operator Corporation's (CAISO) wholesale electric market in order to eliminate congestion that they expected to. Our aim is to deliver value to our. wpx energy, inc. Parker Hannifin (Luxembourg) Sàrl has its registered office in Luxembourg, Luxembourg. Invest on your own. 92%) At close: February 25 4:03PM EST. Hascol Petroleum Limited was incorporated in Pakistan as a private limited company on March 28, 2001. Vitol este o companie cu sediul în Rotterdam care este unul dintre primii trei transportatori mondiali de produse petroliere, alături de Glencore și Trafigura. Global energy trader Vitol and Mozambique's state oil firm, ENH, have launched a trading joint venture called ENH Energy Trading, Vitol said on Tuesday, to focus on liquefied natural gas (LNG. Vitol Inc. Today the world is wrestling with the economic and social challenges of dealing with the COVID 19; the oil markets, and our business, are necessarily affected. Market operators said most of the listed engineering companies saw their EPS fall because of lower earnings due to sluggish businesses during the period …. See the complete profile on LinkedIn and discover Edson’s connections and jobs at similar companies. Form 10-K Summary 109 Item 7. The Budget Statement and Economic Policy of the Government of Ghana for the 2020 Financial Year Preface The 2019 Annual Report on the Petroleum Funds (GPFs) has been prepared in line with Section 48 of the Petroleum Revenue Management Act, 2011 (Act 815), as amended (Act. We remain concerned with the growth strategy and. Oando Investor Newsletter - 2014 In Review. 099-million, which was 26. Return on Equity measures Net Income / Average Shareholder's Equity. World Fuel Services Corporation Reports First Quarter 2020 Results. , with registered office in Milan at 19, Via Lorenzo Mascheroni. The trading house fears that US liquefaction plants may join the list of capacity on the side lines next year. Gain actionable. This document is authorized for use only by Abhay Oberoi in Financial Statement Analysis – Fall 2015 taught by Jack Trifts, Bryant University from September 2015 to December 2015. Our indebtedness and financial obligations may adversely affect our operational flexibility and financial condition. The Finance Minister, Mr Seth Terkper’s budget presentation to Parliament today may suggest a positive year ahead as the government rolls out its financial statement with an upbeat outlook. Reporting, Financial Statement Preparation, Presentational and Analysis. As of March 31, 2019, we had outstanding indebtedness of $710. In a statement external link on Thursday, acting as a financial middleman, of helping bribe public officials and of money laundering in the Car Wash case. to Vitol Africa B. Mercuria makes strategic investments providing access to key infrastructure and physical commodity markets. The Company is engaged in the business of procurement, storage and marketing of petroleum, chemicals, LPG and related products. Canada-based Africa Oil Corp said on November 1, 2019 it would buy all Petrobras’ stakes in producing assets in Nigeria after trading house Vitol and Delonex Energy walked away from a $1. It posted revenue of $6. 2017/18 : R190,636. Financial performance At $3. 2018 First quarter IFRS. 13126, Safat, Kuwait. Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and p. According to the Shell LNG Outlook 2019, global supply is set to rise by 35 million tons in 2019, with Europe and Asia as the main drivers. We mobilize our human ingenuity to solve the most complex challenges and leverage our financial strength to explore new possibilities. 15 billion in 2018, from $2. Ahold Delhaize to invest $480 million in U. Financial information. ATHENS, Greece, Mar 31, 2019 (GLOBE NEWSWIRE via COMTEX) -- ATHENS, Greece, March 31, 2019 (GLOBE NEWSWIRE) -- TMS Cardiff Gas, an operator and manager of 16 LNG Carriers, is pleased to announce. Commission file number: 001-36202. We continue to manage our business prudently with a focus on the careful management of both physical and financial risks. $1,200,000,000. Vitol continues to perform solidly. Vistra (NYSE: VST) is a premier, integrated, Fortune 350 energy company based in Irving, Texas, providing essential resources for customers, commerce, and communities. Safety and efficiency are keywords for all our activities. Our great local brands. On May 1, 2019, Vitol Inc. are on pages 260-296. SCI later told us that this document may not be accurate. All or a portion of Items 10 through 14 in Part III of this Form 10-K are incorporated by reference to the Registrant’s definitive proxy statement on Schedule 14A, which will be filed within 120 days after the close of the fiscal year covered by this report on Form 10-K, or if the Registrant’s Schedule 14A is not filed within such period, will be included in an amendment to this Report on. , with no other customer. 5 billion purchase alone after Vitol and Delonex Energy pulled out of the deal to buy half of Petrobras Oil and Gas, known as Petrobras Africa, from the. Samuel Oyekanmi - February 16, 2020. For more articles like this. The summary. Profit after taxation increased to $16. Interview with Jeremy Weir, Trafigura CEO on the company's robust performance over 2019 Statement on the financial restructuring of Nyrstar. Safety and efficiency are keywords for all our activities. Vitol cemented its position as the world's largest oil trader in 2018 and said it saw oil demand rising for at least for another 15 years, despite global attempts to expand green energy. 2019 has been a successful year for the Company. Daugherty, combined his $5,000 savings with a wholehearted belief that business could be done better. 10 December 2018 2019 171. Company Outlook. Vitol and Mercuria declined to comment. As a private company Trafigura has no obligation to report to its shareholders. CRE Fund I a series of Hack VC, LP. But it cannot be complacent about the region's demand Vitol warns on LNG production shut-ins We see a lot of macro-funds and other financial market participants now taking a keen interest in gas in general, and LNG in particular. This was a strong statement from the head of the US National Petrochemical & Refiners Association, at the start of the annual meeting in San Antonio. 1 dated June 25, 2019) and preliminarily approved by the Board of Directors of PJSC LUKOIL (Minutes No. 21 November 2019 News Archive. Tellurian is based in Houston, Texas, and its common stock is listed on the #Nasdaq Capital Market under the symbol “TELL”. (Attachments: #1 Complaint Regarding Refund of Federal Excise Taxes Under 28 U. 15 billion in 2018, from $2. 's business for stockholders, potential investors, and financial analysts. 20 salaries (for 15 job titles) Updated Dec 20, 2019 Financial Operations salaries - 1 salaries reported: $70,657 / yr. The company will provide, free of charge upon request, its Annual Report on Form 10-K which contains the Company's complete audited financial statements. 75 billion, down 48 percent from $5. People were losing their jobs, stock market dropped by more than 30%, the market was going up and down by 5-10% a day (the amount my brokerage accounts would go up or down was more than what I was earning in a month at work). See Management’s Discussion and Analysis of Financial Condition and Results of Operations in Part II, Item 7, and in Financial Statements and Supplementary Data – Note 2 – Long-Term Debt under Part II, Item 8 in this Form 10-K for a full description of the transaction, the new debt instruments and the accounting for the transaction. Total Notes to the consolidated financial statements for the first six months of 2019 (pdf - 478KB) Second quarter 2019 interim dividend (pdf - 137 KB) Financial report : first half 2019 (pdf - 903 KB) Interview in French of Patrick de La Chevardière, Chief Financial Officer. Romania Student la Harvard University Education Harvard University 2011 — 2019. Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229. None : Percentage of the total budget constituted. The MarketWatch News Department was not involved in the creation of this content. It posted net profit of USD 30. Cu o cifră de afaceri de 143 de miliarde de dolari în anul 2009, compania transportă peste 300 de milioane de tone de petrol pe an. 2017 Full Year IFRS. An income statement showing other sources of project support, public and/or private, which have been or will be solicited, including a statement of funds that have been received or pledged to date. 52-1222820 DE IIPS OF FLORIDA, LLC FL Security Life Assignment Corporation 84-1437826 CO Security Life of Denver Insurance Company Insurer 84-0499703 68713 CO. (Attachments: #1 Complaint Regarding Refund of Federal Excise Taxes Under 28 U. Financial Statements. 2billion has also been revised to 'BBB-' (Triple B Minus) from. Noble owns and operates one of the most modern, versatile and technically advanced fleets in the offshore drilling industry. We seek to maintain a conservative financial position. The Vitol propane conversion project is at the core of the financial quagmire WAPA has found itself in today, with the Dutch company threatening to cut off our fuel supply for failure to pay and remain current on its receivables. ATHENS, Greece, Mar 31, 2019 (GLOBE NEWSWIRE via COMTEX) -- ATHENS, Greece, March 31, 2019 (GLOBE NEWSWIRE) -- TMS Cardiff Gas, an operator and manager of 16 LNG Carriers, is pleased to announce. Attendance Slip and Proxy Form. View Kiet Tran’s profile on LinkedIn, the world's largest professional community. generally accepted accounting principles (GAAP). 9 billion partner sales. Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and p. Cargill's earnings announcement for the first quarter ended August 31, 2019, is scheduled for Thursday, September 26, 2019, at 8 a. (2019-06-05) SINOPEC to produce 10 million tons of. Global oil prices fell sharply during the latter part of 2014, as a result of excess supply and weakening demand across all major consumers of energy. IFM Investors is one of the few truly aligned fund managers in the world. and Individual Trader and $1. Oliver advises lenders and sponsors on the development and financing of cross-border projects across a broad range of industries, many of which are the first of its kind in their industry. Create and monitor a portfolio, and get help any time you need it. Oberoi, 2015. For more articles like this. اردو(Urdu). WAPA Reverts to Diesel After Defaulting on Vitol Payment; Bryan, Senators Meet to Discuss Crisis on the authority to provide clear and accurate information about its true financial position. OER CEO Pade Durotoye at Oil Council 2015. We produce an interim report for the six-month period ending 31st March and an annual report which covers the full financial year from 1st October to 30th September. Miami/Fort Lauderdale Area Financial Analyst at Newberry Advisors Financial Services Education New York University - Leonard N. 12 Marina Boulevard, #37-02 Marina Bay Financial Centre Tower 3, Singapore 018982. 18%) Pre-Market: 4:34AM EST. Sehen Sie sich auf LinkedIn das vollständige Profil an. Through its different subsidiaries. Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and p. 15 billion in 2018, from $2. Quantafuel Third Quarter 2019 Page | 2 Summary of the third quarter 2019 Net financing activities of MUSD 1. December 18, 2019: Filing 4 Request for Issuance of Summons as to Vitol, Inc. Previously, on October 31, 2018, Intercontinental Exchange, Inc. Retrieved May 09, 2020, from https://www. Over the years he acquired all of the. HYPERLINK \l "Table of Contents   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. Here are the major banking news for the week ended 20th January 2018. Vitol Inc. 2018 Full Year IFRS. LNG Canada is a major LNG project located in Kitimat, British Columbia, Canada, where Petronas is one of the joint venture participants with an equity holding of 25 per cent,” it said in a statement today. Ahold Delhaize to invest $480 million in U. The trading house fears that US liquefaction plants may join the list of capacity on the side lines next year. 13(12):244-250 · November 2018 with. SECURITIES. 40 dividend ]. Links to their institutions, services, events, training and research, patient education and career opportunities. February 27, 2019 | Reuters. There are currently 3 active directors according to the latest confirmation statement submitted on 30th September 2019. Strategic Planning for the Oil and Gas Industry Edinburgh Business School vii 7. Sebagai lokomotif perekonomian bangsa Pertamina merupakan perusahaan milik negara yang bergerak di bidang energi meliputi minyak, gas serta energi baru dan terbarukan. Your contact phone number including country code * Your contact phone number including country code. Adjusted EBITDA is a term used throughout this document, which we define as earnings before interest, taxes, depreciation, depletion, amortization and other non-cash items, such as non-cash compensation expense, gains and losses on disposals of assets, the allowance for equity funds used during construction, unrealized gains and losses on commodity risk management activities, non-cash. Expand and Collapse. From April 2019, the Financial Conduct Authority will regulate claims management companies. 5 million in civil penalties on Vitol Inc. View Cherry Harris' profile on LinkedIn, the world's largest professional community. Financials 2019 Annual Report. The Supervising Minister of Education, Nyesom Wike has stressed the need to re-awaken the interest of State and Local Governments and other stakeholders to effectively implement the Home Grown School Feeding Programme (HGSFP) launched in 2005 geared at enhancing enrolment at the primary school level. financial statements, including the consolidated statements of financial position as at December 31, 2010 and January 1, 2010, and the consolidated statements of comprehensive loss, changes in shareholder’s equity and cash flows for the. 2018 (In millions) Revenues Sales of commodities. 16 Dec 2019 VLC Energy divests battery portfolio. Financial terms of the agreement were not disclosed. Operating in more than 50 countries. 1 dated June 25, 2019) and preliminarily approved by the Board of Directors of PJSC LUKOIL (Minutes No. They have been prepared in accordance with IFRS accounting policies as endorsed by the European Union, as disclosed hereinafter. 9 million for the first quarter of 2018. On October 25, 2019, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued an Order Assessing Civil Penalties (“Order”), imposing civil penalties of $1,515,738 against Vitol Inc. "The statement "WAPA FAILED TO DO THE ENGINEERING STUDIES" is a lie. commodities company VITOL S. I have a six year old daughter, Xanthe, who is developing something of an interest in politics. 37 billion (15%) between 2016 and 2017. supply chain to create a fully integrated, self-distribution model. The supplies of LNG, which are anticipated to commence in 2019, will enable Vitol to serve clients across Asia-Pacific region. 2019 Annual Report Download: Connect With Us Home; Website Disclaimer. Zenrock was founded in Singapore in 2014 by a group of traders including Xie Chun, Zenrock Commodities’ president, formerly from Unipec, and Tony Lin, formerly Vitol’s China head. AU Fund I, a series of Amir Shevat Capital, LP. Africa Oil said it would conclude the $1. Three Months Ended March 31, 2019 2018 2019 vs. at competitive prices. 50%S product in the majority of markets is not due to a lack of availability, says Vitol. Vogt III, the partner in charge of the audit. net It was announced Monday, May 4, 2020 that the California Department of Justice is taking legal action against Vitol Inc. World Fuel Services Corporation: First-Quarter 2020 Highlights Total gross profit of $258. Quarter 2019 Financial statement and review. Offices Worldwide. From January 1, 2019, charter hire costs in the statement of profit and loss only includes charter costs that meet the definition of short-term leases in terms of IFRS 16 which, due to practical. The use of smartp. The Vitol propane conversion project is at the core of the financial quagmire WAPA has found itself in today, with the Dutch company threatening to cut off our fuel supply for failure to pay and remain current on its receivables. For more articles like this. FY2015 - Current. Overall volumes held steady at just over 7 million barrels per day and turnover rose to $181 billion on the back of an increase in the average oil price over the course of the year. 2019 has been a successful year for the Company. It is generating electricity by. consolidated financial statements. The chart, from the Financial Times, shows the reason for his concern. Financial results for Q3 and 9M 2017. Our aim is to deliver value to our. People were losing their jobs, stock market dropped by more than 30%, the market was going up and down by 5-10% a day (the amount my brokerage accounts would go up or down was more than what I was earning in a month at work). By Brad Brooks and Gary McWilliams. During 2019 so far, HASCOL completed its Lube Oil Blending Plant where Fuchs Middle East will have a 50 percent equity position in the facility, which is. Its fiscal year runs June 1 to May 31. Gunvor Group is one of the world's largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy, metals and bulk materials from where they are sourced and stored to where they are demanded most. Providing support to Finance team for compliance of statutory. OTC Global’s 2018 audited financial statement, completed in June this year by its accountants, raised “substantial doubt” about the Delaware limited partnership’s ability to “continue as a going concern”. and its country of incorporation is Singapore. They have been prepared in accordance with IFRS accounting policies as endorsed by the European Union, as disclosed hereinafter. He has significant experience advising on multi-sourced project financings involving export credit agencies, multilaterals and development finance institutions. INFORMASI UMUM 1. Reports & Presentations. I am voluntarily providing this statement, submitting documents, and sitting for interviews in order to shed light on issues that have been raised about my role in the Trump for President Campaign and during the transition period. Edson has 8 jobs listed on their profile. For credit ratings that are derived exclusively from an existing credit rating of a program, series, category/class of debt, support provider or primary rated entity, or that replace a previously assigned provisional rating at the same rating level, Moody’s publishes a rating announcement on that series, category/class of debt or program as a whole, on the support provider or primary rated. 15 billion in 2018, compared with $1. Oil trader Vitol has quit a consortium that was set to buy a stake in two Nigerian oil fields from Brazil's Petrobras, its former partner said on Friday. Shell alone trades the equivalent of 13 million barrels a day of oil, dwarfing the nearly 7. (Exact Name of Registrant as Specified in Its Charter) Republic of t. Albert Heijn opens its largest ever Home Shop Center. Wilmar a Top Achiever in Protecting Children’s Rights in Global Child Forum 2019 Benchmark Study. to Vitol Africa B. Traded volumes of crude oil and products rose to 7. File name Page. Let a robo-advisor do it for you. 2019 10:59 AM Oct 17, 2019 - 10. FISHER - Losing It - Live at Coachella 2019 Friday April 12, 2019. 1 In that order, the Commission accepted PJM Interconnection, L. REIMBURSEMENT AGREEMENT. 2019 ALI Fellows Dirk Adams Prior to ALI, Dirk Adams founded, owned, and operated the Montana-based Lazy SR Ranch, a large-scale, certified-sustainable livestock ranch. "Across the barrel, margins were favoured by a relative tightness. 2018 Second quarter and six months IFRS. "Vitol operates its business in full compliance with all relevant laws and regulations, including sanctions relating to Venezuela," the company said in a statement. This is the report that banks and other lending institutions may consider when determining whether they should give you a loan—as well as what interest rate may be assigned to your loan. 5 billion ready-to-drink coffee category, a space predominately ruled by the North American Coffee. 9 million, up from revenue of USD 363. We believe in a progressive future, just like you do, and our mission to serve you is driven by the people, for the people. See the complete profile on LinkedIn and discover Rick's connections. On May 1, 2019, Vitol Inc. Singapore's only independent marine fuels publication focusing on coverage of compelling news about the world's largest bunkering port and beyond. Top ten global oil and commodities traders Key facts and figures about 10 secretive giants that control hundreds of billions of dollars worth of the world's commodities. The distributor statement is a template prepopulated with the approved PSS site names and corresponding subsidy amounts applicable to that distributor. (NYSE:ICE) has filed a financial statement reporting Accumulated Other Comprehensive Income Equity Method Investments Netof Tax of $2,000,000 USD. AU Fund I, a series of Amir Shevat Capital, LP. Vitol Commercial Pvt Ltd is an unlisted private company. We assure worldwide reliable energy and commodities supplies. Federal Energy Regulatory Commission enforcement staff is alleging that Vitol Inc. The 2018 Annual Report on the Petroleum Funds covers January to September. ("Vitol"), the Corporation's senior debt lender, demanded repayment of all amounts owing under its secured loan. This estimate is based upon 3 Vitol S. 34 Statement of comprehensive income 35 Statement of cash flows 36 Balance sheet 37 Statement of changes in equity 39 Notes 83 Management statement 84 Independent auditor’s report Contents Management report Financial statements 2018 in brief page 6 Strategy page 15 Improved operational performance in 2018 page 5 ANNUAL REPORT 2 2 018 HARTMANN. Cheniere Energy: LNG Cheniere Partners: CQP. gasoil 20% and gasoline 13%," Hardy said in a statement. 1 million, of which $658. Today, Valmont is a global leader of engineered products and services for infrastructure, and water-conserving irrigation equipment for agriculture. Analysis (MD&A) Financial results for Q3 2019. CUSIP Database. Have a question about us? 33 Broadway, Newmarket. The supplies of LNG, which are anticipated to commence in 2019, will enable Vitol to serve clients across Asia-Pacific region. FY2020 Collapsed. Acquired Timberland in 2011, Dickies in 2017 and Icebreaker in 2018. 35 million tonnes of oil products in the second half of 2019, sources said on Sunday, reports Reuters. 2M Disgorgement for Alleged CAISO Market Manipulation On July 10, 2019, the Federal Energy Regulatory Commission ("FERC" or "Commission") issued an Order to. (Attachments: #1 Complaint Regarding Refund of Federal Excise Taxes Under 28 U. Adjusted EBITDA is a term used throughout this document, which we define as earnings before interest, taxes, depreciation, depletion, amortization and other non-cash items, such as non-cash compensation expense, gains and losses on disposals of assets, the allowance for equity funds used during construction, unrealized gains and losses on commodity risk management activities, non-cash. Financial World. YOUR FINANCIAL WELL-BEING. The trading house fears that US liquefaction plants may join the list of capacity on the side lines next year. 15 billion in 2018, from $2. Following is the text of press release issued by VIS Credit Rating Company Limited. This fund was created as a special fund in the State Treasury. CUSIP Database. Global energy trader Vitol said on Friday its 2019 revenues were $225 billion (184 billion pounds) and its traded oil and refined products volumes rose by 8%. 12, the PSC took action that satisfied residents: It allowed a 3-cents fuel surcharge to expire (Dec. Oando Investor Newsletter - 2014 In Review. A printed copy of our 2019 Annual Report can be ordered free of charge. The 2018 Annual Report on the Petroleum Funds covers January to September. 29Bln in the same three months of 2019. Access our Full Service. A founder-led FinTech business riding a massive runway. Read more about how our managers on the ground are focusing on long term growth drivers and developing future-proofed strategies for the Group, while putting sustainability at the heart of our business and instilling Olam’s values and purpose of “Re-imagining. 27 Mar 2020 Vitol 2019 volumes and review. 9 dated May 16, 2019). In likely 99. View Naeem Asghar Malik's profile on LinkedIn, the world's largest professional community. ’s (PJM) proposed revisions to its Open Access Transmission Tariff (Tariff) to incorporate Financial Transmission Rights (FTR) mark-. This was followed by a question and answer session. Recently, the Federal Energy Regulatory Commission issued an order to show cause why Vitol Inc. 2019 DARIO'S RESTAURANT EAUX-VIVES This year our General Assembly took place at Dario's Restaurant. Whilst materiality for the financial statements as a whole was $1. Email Computershare. SINGAPORE, Aug. At first instance – Vitol Sa v Norelf Ltd (the ‘Santa Clara’) QBD (Times 20-May-93, Gazette 25-Aug-93, [1994] 4 All ER 109, [1994] 1 WLR 1390) The parties chartered for delivery of molasses. 1 million during the similar quarter last year. Vitol is a private company which is owned significantly by a proportion of its employees, who are known for their culture of privacy and secrecy, from both competitors and the general public. (the “Company”) and other persons. December 18, 2019: Filing 4 Request for Issuance of Summons as to Vitol, Inc. Statutory Auditor's report on the Consolidated Financial Statements. 0 million is hedged or fixed. On February 26, 2019, the Board of Directors authorized the consolidated financial statements for issuance. In accordance with Item 9. Revenue was RM 134. The summary consolidated financial data as of December 31, 2017 and 2016 and for the years ended December 31, 2017, 2016 and 2015 are derived from our audited consolidated financial statements and. The top 10 competitors in Vitol's competitive set are Mercuria, Varo Energy, Trafigura, Total, Gunvor, BP, Noble Group, Shell, Chevron and Exxon Mobil. Our audited consolidated statements of income, stockholders’ equity and cash flows for the years ended December 31, 2014, 2015 and 2016 and the consolidated balance sheets at December 31, 2015 and 2016, together with the notes thereto, are included in “Item 18. The annual accounts consist of the management board's report, the financial statements and the other information section. (The following statement was released by the rating agency) MOSCOW, June 28 (Fitch) Fitch Ratings has affirmed JSC National Company KazMunayGas's (NC KMG or the group) Long-Term Foreign-Currency. Overall volumes held steady at just over 7 million barrels per day and turnover rose to $181 billion on the back of an increase in the average oil price over the course of the year. The FBI is investigating energy trading firm Vitol's top two executives in the Americas in connection with a Brazil bribery case, two sources with direct knowledge of the matter said, deepening. As a trader, CCI deploys capital on a proprietary basis in the physical and financial commodity markets, providing the Company with. Consolidated quarterly financial statement Q3 2016 link. Vitol Aviation, a jet fuel marketing company, supplies fuel worldwide to airlines economically with an emphasis on reliability. The US Federal Bureau of Investigation had been investigating on trading firm, Vitol’s top two US executives, in connection with a bribery scheme linked to dealings with much-scandalized Brazilian Petroleo Brasileiro SA, at least two sources with direct knowledge regarding the issue unveiled on Wednesday, the 13th of February. Exhibits, Financial Statement Schedules 105 Item 6. 15 billion in 2018, from $2. Today the world is wrestling with the economic and social challenges of dealing with the COVID 19; the oil markets, and our business, are necessarily affected. 2020 2019 2018 2017 2016 2015 Regulated Information For the transmission of the regulated information Eni uses the system authorised by Consob called "1Info-Sdir", managed by Computershare S. The official LinkedIn of Lehigh University's nationally-ranked College of Business and Economics located in Bethlehem, Pennsylvania. Oberoi, 2015. The following Profit and Loss Statement Format provides an outline of the most common Income Statement. Reporting, Financial Statement Preparation, Presentational and Analysis. Energy Transfer Partners LP SEC 10-K filing for December 31, 2015. Bumi Armada Berhad is a Malaysia-based international offshore oilfield services provider that is a global FPSO player and among the top owners and operators of OSVs in Asia. Deferred revenue as of September 30, 2019 and December 31, 2018, was $173. Dec 31, 2016 - (v) Offshore processing arrangements ^Ocean and Oil Development Partners Limited (OODP) owns 6,734,9. Investors in the Nigerian equities market lost N152. (NYSE:ICE) has filed a financial statement reporting Other Operating Income Expense Net of $-44,000,000 USD. Profit after taxation increased to $16. It posted revenue of $6. Sebagai lokomotif perekonomian bangsa Pertamina merupakan perusahaan milik negara yang bergerak di bidang energi meliputi minyak, gas serta energi baru dan terbarukan. First Quarter 2019 Financial statement and review. To request such access, you may fill in the form below, or, if you are already registered, you may go directly to the login page. 2 billion, adjusted operating earnings were up 6 percent from last year’s strong performance, with gains in three of four business segments. Gunvor Group Brochure 2019 Chinese. 5 million barrels a day at Vitol. Financial Statements and Supplementary Data – Note 5 to the consolidated financial statements for further detail. 2017/18 : R190,636. April 26 IR News. On May 1, 2019, Vitol Inc. Portfolio comprising industrial parks, real estate and hospital projects. LONDON, Feb 27 (Reuters) - Algeria’s state oil firm Sonatrach has extended its crude for oil products deal with major trading firm Vitol from the end of 2018 until the end of April this year, four sources familiar with the matter said. The Vitol propane conversion project is at the core of the financial quagmire WAPA has found itself in today, with the Dutch company threatening to cut off our fuel supply for failure to pay and remain current on its receivables. FY2016 Collapsed. Statement of Jared Kushner. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Alba Plant LLC as of December 31, 2019, and the results of its operations and its cash flows for the years ended December 31, 2019 and 2017 in accordance with accounting principles generally accepted in the United States of America. It was incorporated on 30 March, 1995 and is located in Kolkata, West Bengal. can range from $54,347 - $79,795. and/or CPC Corporation, (Financial Statements). Zenrock was founded in Singapore in 2014 by a group of traders including Xie Chun, Zenrock Commodities’ president, formerly from Unipec, and Tony Lin, formerly Vitol’s China head. Through its different subsidiaries. " Is there any chance of this role moving into a trading role. See FirstCry's revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. Safety and efficiency are keywords for all our activities. FEBRUARY 2019 AM Best s Credit Ratings 2 A. The Annual Report of PJSC LUKOIL is approved by the Annual general shareholders meeting (Minutes No. KenolKobil trails the Shell-led Vivo Energy and the French retailer TOTAL in distribution capacity and market share in the region. Nigerian Oil and Gas Conference. In accordance with Item 9. 20 Aframax / LR2. , with no other customer. to Vitol Africa B. Chief Executive Russell Hardy said. Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and p. The Board of Directors of Shell Pakistan Limited (SPL) announced financial results for the year ended December 31st, 2019. Freeport LNG Train 2 Starts Commercial Ops On January 17, Freeport LNG announced the start of commercial operations for Train 2. The selected statement of operations and statement of cash flows data of the Partnership for the periods ending December 31, 2015 , 2014 and 2013 and balance sheet data as of December 31, 2015 and 2014 has been derived from our consolidated and combined carve-out financial statements included elsewhere in this annual report. FISHER - Losing It - Live at Coachella 2019 Friday April 12, 2019. Kazakh state energy firm KazMunayGaz has repaid ahead of schedule a $3 billion advance from trader Vitol and a group of foreign banks for crude from the Tengiz oilfield, the company said on Wednesday. 1 In that order, the Commission accepted PJM Interconnection, L. Vitol Singapore Pte Ltd is a foreign company incorporated on 07 December 2011. Statement regarding announcement from 31st July 2019. 5 million barrels a day at Vitol. Vitol cemented its position as the world's largest oil trader in 2018 and said it saw oil demand rising for at least for another 15 years, despite global attempts to expand green energy. SECURITIES. This is a list of the world's largest non-governmental privately-held companies by revenue. February 13 IR News. March 19. Robo-advisors are online services that provide automated portfolios based on your goals and risk tolerance, using the latest technology and expertise from investment professionals. Our Values and Business Principles. BRITISH -AMERICAN INVESTMENTS COMPANY (KENYA) LIMITED (BAICL). Skytanking is one of Marquard & Bahls' mainstays of business, and is structured into more than 10 companies in four regions (Europe, Africa, Asia and North America). Year 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001. View Naeem Asghar Malik's profile on LinkedIn, the world's largest professional community. London — Vitol cemented its position as the world's largest oil trader in 2018 and said it saw oil demand rising for at least for another 15 years before slowing amid global attempts to expand. Vitol's involvement, with Trafigura, in the scandal of dumping high-sulphur fuel in several African countries, is the subject of BankTrack's 2017 briefing, Banks and Dirty Diesel. Through our Investor Site, shareholders can: Register to receive Annual Reports electronically;. are on pages 260-296. Sahibzada Jahangir, Spokesperson of Prime Minister on Trade and Investment for the UK and Europe regions, who last month had accompanied a delegation from Vitol, the largest independent oil company in the world, stated, "Vitol has now decided to increase their financial holding in Hascol. 1 million in Q3 2019, compared to net profit of USD 20. Quantitative and Qualitative Disclosures About Market Risk 64 Item 8. Company auditor. 15Million (Sh1. The coal industry as a whole has been hit by competition from natural gas, which in 2016 overtook coal as the largest source of electricity generation in the U. 27TH ANNUAL REPORT 2017-2018. View Gloria Sanders, CPA'S profile on LinkedIn, the world's largest professional community. PT Pertamina (Persero) dan anak perusahaan/and subsidiaries Laporan keuangan konsolidasian beserta laporan auditor independen tahun yang berakhir pada tanggal-tanggal 31 Desember 2009 dan 2008/ Consolidated financial statements with independent auditors’ report years ended December 31, 2009 and 2008. Whilst materiality for the financial statements as a whole was $1. John has 3 jobs listed on their profile. When we think about what it is that sets us apart from the rest of the pack, we think of three things: savings expertise, community support, and customer service. The Supervising Minister of Education, Nyesom Wike has stressed the need to re-awaken the interest of State and Local Governments and other stakeholders to effectively implement the Home Grown School Feeding Programme (HGSFP) launched in 2005 geared at enhancing enrolment at the primary school level. Storii Global, Inc. We also advised Vitol on the Immingham CHP plant in the UK from ConocoPhilips and the subsequent sale of a 25% stake. 18652-2019-11. Shell agrees sale of downstream businesses in Australia to Vitol Feb 21, 2014 Shell today announced it has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to Vitol for a total transaction value of approximately A$2. Deferred revenue as of September 30, 2019 and December 31, 2018, was $173. They did the studies, internally they. for Quantafuel AS. Regional footprint. Chief Executive Russell Hardy said last year's performance was "solid", as the company's traded oil volume hit 8 million barrels per day (bpd), up from 7. It was incorporated on 30 March, 1995 and is located in Kolkata, West Bengal. The supplies of LNG, which are anticipated to commence in 2019, will enable Vitol to serve clients across Asia-Pacific region. to Vitol Africa B. See the complete profile on LinkedIn and discover Gloria. Kiet has 19 jobs listed on their profile. Vitol Group, the world’s biggest independent oil trader, suffered a 25 percent drop in annual profit as income from assets sales failed to offset weaker trading results. Rotation 3 (Sept 2018 - March 2019): Banking and Corporate Finance - analyst role for UK Corporates. 0 million and $175. May 02, 2019 - Intercontinental Exchange, Inc. 2 billion dividend distribution. Vitol Aviation, a jet fuel marketing company, supplies fuel worldwide to airlines economically with an emphasis on reliability. Corporate culture has arguably always been important, but it’s only become a popular point of discussion in the past 20 years or so. Adjusted EBITDA is a term used throughout this document, which we define as earnings before interest, taxes, depreciation, depletion, amortization and other non-cash items, such as non-cash compensation expense, gains and losses on disposals of assets, the allowance for equity funds used during construction, unrealized gains and losses on commodity risk management activities, non-cash. The Vitol Group is a Swiss-based and Dutch-owned multinational energy and commodities company, with operations focused on Geneva, London, Houston and Singapore. $1,200,000,000. Operating in more than 50 countries. Commission file number. for manipulating gas. 5353 19527. The Board of Directors of Shell Pakistan Limited (SPL) announced financial results for the year ended December 31st, 2019. December 18, 2019: Filing 4 Request for Issuance of Summons as to Vitol, Inc. Note: The Company consolidated its common stocks at a ratio of five shares to one share on October 1, 2017. Through its different subsidiaries. HCB spoke to some of the region’s biggest players to find out what business has been like. I am voluntarily providing this statement, submitting documents, and sitting for interviews in order to shed light on issues that have been raised about my role in the Trump for President Campaign and during the transition period. Shell alone trades the equivalent of 13 million barrels a day of oil, dwarfing the nearly 7. financial statements, as the management accounts reflect the latest best estimate of the capital costs required to complete the project, whereas amounts disclosed UC RUSAL bALanced approach 14 Business Overview Annual Report 2013 TAISHET ALUMINIUM SMELTER The Taishet aluminium smelter is located in Irkutsk, Russia, and will be constructed in the. Analysis (MD&A) Financial results for Q3 2019. Jasmine Swoope. Oando Investor Newsletter – 2014 In Review. Robert 'Bob' Finch was Head of Coal Trading at leading energy trading company The Vitol Group until June 2015. Under the agreement EBL will provide receivables financing facilities for the Suppliers and Credit facilities to the Dealers for lifting their stocks of Paragon Group. Let a robo-advisor do it for you. 27856 10903. November 4, 2014. Trafigura and Glencore have declined to comment on the U. Summary Consolidated Financial Information The summary consolidated financial information as at December 31, 2013 and 2014, and for each of the years ended December 31, 2012, 2013 and 2014 set forth below have been derived from PETRONAS’ audited consolidated financial statements included elsewhere in this Offering Circular. (NYSE:ICE) has filed a financial statement reporting Other Operating Income Expense Net of $-44,000,000 USD. The Anheuser Busch Inbev India Limited is listed in the class of publicltd company and classified as Non Govt Company. HCB spoke to some of the region’s biggest players to find out what business has been like. On September 12, 2007 the Company was converted into a public unlisted company. Global energy trader Vitol said on Friday its 2019 revenues were $225 billion (184 billion pounds) and its traded oil and refined products volumes rose by 8%. See the complete profile on LinkedIn and discover See’s connections and jobs at similar companies. The bank’s bottom-line is also down as profit after tax …. Revenue for Q3 2019 was USD 371. SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. 2 million cbm of aviation fuel per year, refuels 2 million aircraft, and has. From our Annual and Sustainability report and financial results, to our Reserves & Resources and quarterly production reports, you can find all of this information in this section. 2019 DARIO'S RESTAURANT EAUX-VIVES This year our General Assembly took place at Dario's Restaurant. 1 In that order, the Commission accepted PJM Interconnection, L. Statement on the financial restructuring of Nyrstar. 99 billion available for borrowing. Ørsted develops, constructs and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. January 6, 2015. 2019 has been a successful year for the Company. John has 3 jobs listed on their profile. Simplify the process of investing. CRE Fund I a series of Hack VC, LP. See the complete profile on LinkedIn and discover Rick’s connections. The previous rating action was announced on 4th September 2019. It is a publicly quoted company on the Nigerian Stock Exchange (NSE) and serves Nigeria and South Africa with a wide range of building and construction solutions designed to meet housing and construction needs from small projects like individual home buildings to. Bloomberg's Stuart Wallace reports on. A goal-oriented professional, adept at delivering quality result with multi-tasking skills. Analyst salary report(s) provided by employees or estimated based upon statistical methods. Summary of Consolidated Financial Statements for Fiscal 2019. See the complete profile on LinkedIn and discover Anjelica. For BP and Shell, 2019 was one of the best years ever in trading. Vitol and Mercuria declined to comment. “The primary supply to Vitol will come from LNG Canada and other PLL’s global LNG supply portfolio. 9) million compared to $22. for more information First Quarter 2019 Financial statement and review. Financial Government Solutions Legal Reuters News Agency Risk Management Solutions Energy trader Vitol's oil volumes rose 8% in 2019. Not yet out of the hole. Nadja indique 4 postes sur son profil. ") of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) who have professional experience in matters. 5 billion ready-to-drink coffee category, a space predominately ruled by the North American Coffee. 01(a), (i) MG Cleaners LLC’s audited financial statements for the years ended December 31, 2016 and 2015 are filed in this Current Report on Form 8-K as Exhibit 99. Reserves and resources. I have a six year old daughter, Xanthe, who is developing something of an interest in politics. (2019-04-30) Sinopec Corp Files 2018 Annual Report. Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and p. For more information visit investor. Time charter vessels used for the. 5 billion ready-to-drink coffee category, a space predominately ruled by the North American Coffee. 34 Statement of comprehensive income 35 Statement of cash flows 36 Balance sheet 37 Statement of changes in equity 39 Notes 83 Management statement 84 Independent auditor’s report Contents Management report Financial statements 2018 in brief page 6 Strategy page 15 Improved operational performance in 2018 page 5 ANNUAL REPORT 2 2 018 HARTMANN. The following has been extracted from pages 24 - 35 of the 2018 Annual Report: Our risk management framework identifies and manages risk in a way that is supportive of our strategic priorities of opportunistically deploying capital, while protecting our future financial security and flexibility. We are Hascol, We are Pakistan. Nigeria’s central bank is unlikely to hold an interest rate setting meeting on Jan. For BP and Shell, 2019 was one of the best years ever in trading. Cherry has 7 jobs listed on their profile. 8 Jobs sind im Profil von Priscille Charpentier aufgelistet. Vitol said it believed a “third party” was “trying to smear Vitol for their own financial gain. The independent audit involved examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting principles used and. SECURITIES. 2018 Second Half and Full Year Financial Results The financial results of Leopard Moon and Leopard Sun will be consolidated into our financial statements. The selected consolidated statement of comprehensive (loss)/income data for the years ended December 31, 2019, 2018, and 2017 and the selected consolidated balance sheet data as of December 31, 2019 and 2018 have been derived from our audited consolidated financial statements included elsewhere in this Annual Report. Toggle SGML Header (+) (-) (+) (-). Shell alone trades the equivalent of 13 million barrels a day of oil, dwarfing the nearly 7. Statement of Jared Kushner. A middleman in a graft scheme at Brazilian state oil company Petrobras has implicated the chairman of global energy trading firm Vitol in a bribery operation to obtain oil contracts, as well as. FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE. Dunkin' Brands revealed on Thursday that it's partnering with Coca-Cola to launch a line of cold coffee beverages in the U. FY2015 Collapsed. In the case where Firm ABC acts as both executing broker and clearing broker for a trade executed at the organised market place: Under EMIR: - Firm ABC, acting as executing broker. The company also reports adjusted operating earnings, a non-GAAP financial measure that provides additional insight into the underlying financial performance of the company’s ongoing operations. Explore our latest and historical reports, results and transactions. Current Opportunities. 1346(a)(1), #2 Civil Cover Sheet and Attorneys for Vitol)(Baay, David) December 18, 2019. The top 10 competitors average 167. Romania Student la Harvard University Education Harvard University 2011 — 2019. Oberoi, 2015. Our indebtedness and financial obligations may adversely affect our operational flexibility and financial condition. Historical Data. From our Annual and Sustainability report and financial results, to our Reserves & Resources and quarterly production reports, you can find all of this information in this section. a Cargill reports its financial results in accordance with U. A Reconciliation Report, which is a PRMA requirement, will be published by the end of the first quarter of 2019 to give a full year account on the collection, management and use of petroleum revenues in 2018. Noble is Asia's leading independent energy products and industrial raw materials supply chain manager. The diversity of experience in Investment Banking, Private Equity, Accounting, Construction, Engineering, Property Management, Architectural Design, and Project management gives us the competiti. Presentation Q3 2019. The accompanying unaudited interim condensed consolidated financial statements and related notes should be read in conjunction with the audited consolidated financial statements and related notes for the year ended March 31, 2019 included in our Annual Report on Form 10-K filed with the SEC on May 30, 2019.