Russell Hardy

Russell Hardy is a British businessman, and the chief executive (CEO) of Vitol, the world's largest independent oil trading company.[1]

Russell Hardy
NationalityBritish
EducationImperial College London
OccupationOil trader
TitleCEO, Vitol
TermMarch 2018-
PredecessorIan Taylor

Early life

Hardy has a master's degree in engineering from Imperial College London.[2][3]

Career

Hardy began his career working for BP, trading fuel oil.[2]

In 1993, Hardy left BP and joined Vitol.[3] He has been a member of its executive committee since 2007, and CEO of the Europe, Middle-East and Africa region since 2017.[2] In March 2018, he was appointed CEO of the entire company, succeeding Ian Taylor, who became chairman.[2][4]

In 2022, Hardy predicted that Russia won't be able to protect itself from the negative effects of the Western sanctions, while Russian oil export would fall to 1 million barrels a day in winter 2022-2023.[5][6]

References

  1. Rathenow, Solveig (3 November 2022). "Die wachsende "Schattenflotte" an Tankern wird den Einbruch von Russlands Ölexporten nicht abfedern, sagt ein Experte". Business Insider (in German). Retrieved 10 November 2022.
  2. Payne, Julia. "Hardy takes helm from Taylor as CEO of trading giant Vitol". reuters.com. Retrieved 8 November 2018.
  3. "Russell Hardy - Gastech Exhibition & Conference". gastechevent.com. Retrieved 8 November 2018.
  4. "Top Trader Vitol Has New CEO as Taylor Becomes Chairman". www.bloomberg.com. 15 March 2018. Retrieved 8 November 2018.
  5. Rathenow, Solveig (3 November 2022). "Die wachsende "Schattenflotte" an Tankern wird den Einbruch von Russlands Ölexporten nicht abfedern, sagt ein Experte". Business Insider (in German). Retrieved 10 November 2022.
  6. "Ukraine-Blog: Fotos, Fakes und Fragen – «Unsere Kommandanten nennen Menschen Fleisch»: Russische Infanteristen sind wütend und beschweren sich". Basler Zeitung (in German). Retrieved 10 November 2022.


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