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December 30, 2020    

“We understand the seriousness of this matter and are pleased it has been resolved,” Vitol CEO Russell Hardy said in a statement, adding that the company had cooperated extensively … “We will continue to enhance our procedures and controls in line with best practice.” Quiet oil giant. In a statement Thursday, Vitol CEO Russell Hardy said, “Vitol is committed to upholding the law and does not tolerate corruption or illegal business practices.” In a related settlement, Vitol also agreed to disgorge more than $12.7 million and pay a civil penalty of $16 million to the Commodity Futures Trading Commission. "There could be a question mark over market direction by the fourth quarter of this year," Hardy said. Liked by Russell Hardy. Russell Hardy Vitol Services London. Vitol, run out of London, is the world's largest independent oil trader, trading some 8 million barrels of oil a day. Filter appointments Filter appointments Current appointments Total number of appointments 2 Date of birth July 1965. “Vitol is committed to upholding the law and does not tolerate corruption or illegal business practices. Report this profile Activity This is really clever! VITOL AVIATION UK LTD (05066574) Company status Active Correspondence address 4th Floor, Nova South, 160 Victoria Street, London, England, SW1E 5LB. “We understand the seriousness of this matter and are pleased it has been resolved,” Hardy said. Russell Hardy, Vitol’s chief executive officer, said in a statement that the company doesn’t tolerate corruption or illegal business practices. Vitol will also return $12.7 million in ill-gotten gains to the Commodity Futures Trading Commission (CFTC), along with $16 million in fines. Join to Connect Vitol Services ltd. Imperial College London. Vitol and its affiliate received full credit for its cooperation with the DOJ’s investigation, in addition to enhancements to compliance already made. Oil & Gas Traders talk peak demand and an upstream shift. Mr. Hardy is also on the board of Vitol Broking Ltd., VPI Holding Ltd. and Vitol Aviation UK Ltd. Mr. Hardy received a graduate degree from Imperial College London. Russell Hardy, Vitol’s chief executive officer, said in a statement that the company doesn’t tolerate corruption or illegal business practices. Russell HARDY. FILE PHOTO: Vitol CEO Russell Hardy speaks during the 20th Asia Oil & Gas Conference in Kuala Lumpur, Malaysia June 24, … “We will continue to enhance our procedures and controls.” The company paid more than $8 million in bribes to Petrobras executives between 2005 and 2014, according to the DOJ documents. We owe him a great deal,” said Vitol’s CEO Russell Hardy. Taylor started his career working for Shell. Russell Hardy Vitol Services London, Greater London, United Kingdom 412 connections. 15/10/2020. Top oil traders upbeat over launch of UAE's planned Murban futures contract “As recognized by the authorities, Vitol … As recognised by the authorities, Vitol has cooperated extensively throughout this process,” Vitol CEO Russell Hardy said in a statement. Vitol said in a statement that Hardy joined the firm in 1993 and held a number of trading and management roles in Singapore and London. What do you think? As recognized by the authorities, Vitol has cooperated extensively throughout this process,” Vitol CEO Russell Hardy said in a statement. The CFTC said Vitol… Russell Hardy. Though … The London-headquartered company, which is the world’s largest independent oil trader, was … Crude futures have risen by more than $5/bl this week on news of a successful coronavirus vaccine trial. “We understand the seriousness of this matter and are pleased it has been resolved,” Hardy said. “Vitol is committed to upholding the law and does not tolerate corruption or illegal business practices,” CEO Russell Hardy said in a statement. Role Resigned Director … It’s part of a long-term transition toward electricity and renewable fuels and away from hydrocarbons, the bedrock of the company for more than half a … Vitol is forecasting consumption growth of just 1.1 MMbopd in 2019, down from 1.5 MMbopd in 2018. Prices will be heading into the high $40s/bl or even $50/bl within the next few months, Reuters cited Vitol CEO Russell Hardy as saying on Tuesday. He left for Vitol in 1985 and helped set up the trading company’s operations in Singapore. Vitol Group CEO Russell Hardy speaking in Kuala Lumpur, Malaysia, last year. “We understand the seriousness of this matter and are pleased it has been resolved,” said Russell Hardy, Vitol’s chief executive officer. FILE PHOTO: Vitol CEO Russell Hardy speaks during the 20th Asia Oil & Gas Conference in Kuala Lumpur, Malaysia June 24, 2019. Vitol… by Ed Reed. 1365 : Website: www.vitol.com: Vitol is a Dutch energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Hardy has a master's degree in engineering from Imperial College London. Speaking about the settlement, Russell Hardy, Vitol’s CEO, says: “Vitol is committed to upholding the law and does not tolerate corruption or illegal business practices. “We understand the seriousness of this matter and are pleased it has been resolved,” said Russell Hardy, Vitol’s chief executive officer. FILE PHOTO: Vitol CEO Russell Hardy speaks during the 20th Asia Oil & Gas Conference in Kuala Lumpur, Malaysia June 24, … Russell Hardy, CEO: Services: Energy trading, Commodity trading: Revenue: US$231 billion: Owner: Vitol Holding B.V: Number of employees. “Vitol is committed to upholding the law and does not tolerate corruption or illegal business practices,” said Russell Hardy, Vitol’s CEO. LONDON: Global energy trader Vitol said on Friday its 2019 revenues were $225 billion and its traded oil and refined products volumes rose by 8 per cent. 90 others named Russell Hardy are on LinkedIn See others named Russell Hardy Add new skills with these courses SQL: Data Reporting and Analysis Secure Coding in C … Currently, Russell David Hardy occupies the position of Chief Executive Officer & Director at Vitol Group. Vitol chief executive Russell Hardy was in a buoyant mood in February. In March this year, Vitol’s chief executive Russell Hardy told Bloomberg in an interview that he expected oil demand to slump by between 15 and 20 million barrels over several weeks. 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 7.4 million bpd in … Russell Hardy. Hardy … Chief Executive Officer Russell Hardy confirmed in an interview that the oil trading giant is boosting investment in its power operations with a series of high-profile hires. Russell Hardy is a British businessman, and the chief executiveof Vitol, the world's largest independent oil trading company. Oil prices had slumped as the coronavirus outbreak hammered fuel demand in China, but crude had started to recover as the disease appeared to be under control. Career. “We will continue to enhance our procedures and controls in line with best practice.” … REUTERS/Lai Seng Sin … The majority of the bribery payments exposed in the DoJ case relate to Brazil, where Vitol … Nationality: British : Education: Imperial College London: Occupation: Oil trader: Title: CEO, Vitol: Term: March 2018-Predecessor: Ian Taylor: Early life. Russell Hardy, Vitol’s chief executive officer, said in a statement that the company doesn’t tolerate corruption or illegal business practices. As recognised by the authorities, Vitol has cooperated extensively throughout this process.” The Brazilian bribery playbook . The front-month Brent contract was trading at $44.51/bl as of 8:38 AM in … Russell Hardy is a British businessman, and the chief executive (CEO) of Vitol, the world's largest independent oil trading company. News of a successful coronavirus vaccine trial more than $ 5/bl this week on news of a coronavirus! 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