{"id":20153,"date":"2025-03-19T14:03:48","date_gmt":"2025-03-19T14:03:48","guid":{"rendered":"https:\/\/www.hotelsalepage.com\/feed\/cision-pr-newswire\/vici-energy-expands-trading-operations-with-new-renovo-office-in-qingdao-china\/"},"modified":"2025-03-19T14:03:48","modified_gmt":"2025-03-19T14:03:48","slug":"vici-energy-expands-trading-operations-with-new-renovo-office-in-qingdao-china","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=20153","title":{"rendered":"Vici Energy Expands Trading Operations with New Renovo Office in Qingdao, China"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">QINGDAO, China<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 19, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Vici Energy, an integrated energy company, announced today the opening of its new Renovo Energy (Renovo) trading desk in <span class=\"xn-location\">Qingdao<\/span>. Strategically located in one of <span class=\"xn-location\">China&#8217;s<\/span> most dynamic energy hubs, the new office strengthens the company&#8217;s decade-long presence in the country and enhances its ability to serve growing energy demands across <span class=\"xn-location\">Asia<\/span>. The <span class=\"xn-location\">Qingdao<\/span> office will focus on the marketing of crude oil, liquefied natural gas (LNG), and refined petroleum products in <span class=\"xn-location\">China<\/span> and the broader Asian market.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2645330\/VE_New_Renovo_Office_PR_pic_14032025.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2645330\/VE_New_Renovo_Office_PR_pic_14032025.jpg?p=medium600\" title=\"\" alt=\"\" \/> <\/a> <br \/><span><\/span><\/p>\n<\/div>\n<p>The new office positions Vici Energy to better respond to market dynamics in <span class=\"xn-location\">China<\/span> and deepen collaboration with leading refineries in <span class=\"xn-location\">Shandong<\/span> and <span class=\"xn-location\">Hebei<\/span> provinces, ensuring a reliable and efficient supply of crude oil and energy products. As a strategic hub, the office will also explore new business opportunities in <span class=\"xn-location\">Asia&#8217;s<\/span> energy market, including renewable energy and other emerging sectors.<\/p>\n<p>The inauguration event was attended by government officials from <span class=\"xn-location\">Qingdao<\/span> and Zibo, alongside local industry leaders and business partners. The opening of the <span class=\"xn-location\">Qingdao<\/span> office reflects Vici Energy&#8217;s commitment to providing reliable and sustainable energy solutions in <span class=\"xn-location\">China<\/span>, while supporting the Belt and Road Initiative&#8217;s goals of regional connectivity and economic integration.<\/p>\n<p><b>About Vici Energy<\/b><\/p>\n<p>Vici Energy is a\u00a0privately owned, integrated energy company\u00a0engaged in the\u00a0exploration, development, trading, and delivery of energy products. With a focus on emerging markets, Vici Energy leverages\u00a0local expertise to drive economic growth\u00a0and create\u00a0long-term value for partners and communities\u00a0where it operates.<\/p>\n<p>Renovo Energy, Vici Energy&#8217;s\u00a0dedicated trading arm,\u00a0bridges energy supply and demand\u00a0across key markets, including\u00a0Latin America, <span class=\"xn-location\">Africa<\/span>, <span class=\"xn-location\">Asia<\/span>, and the <span class=\"xn-location\">Middle East<\/span>. Renovo-Energy fulfills our commitment to reliability and leverages deep market insights to operate effectively across varied and complex market landscapes.<\/p>\n<p><b>For more information, please visit<\/b>\u00a0<a href=\"https:\/\/www.vicienergy.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.vicienergy.com\/<\/a><br \/><b>Media enquiries<\/b>: <a href=\"mailto:media@vicienergy.com\" target=\"_blank\" rel=\"nofollow\">media@vicienergy.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">QINGDAO, China<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 19, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Vici Energy, an integrated energy company, announced today the opening of its new Renovo Energy (Renovo) trading desk in <span class=\"xn-location\">Qingdao<\/span>. Strategically located in one of <span class=\"xn-location\">China&#8217;s<\/span> most dynamic energy hubs, the new office strengthens the company&#8217;s decade-long presence in the country and enhances its ability to serve growing energy demands across <span class=\"xn-location\">Asia<\/span>. The <span class=\"xn-location\">Qingdao<\/span> office will focus on the marketing of crude oil, liquefied natural gas (LNG), and refined petroleum products in <span class=\"xn-location\">China<\/span> and the broader Asian market.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2645330\/VE_New_Renovo_Office_PR_pic_14032025.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2645330\/VE_New_Renovo_Office_PR_pic_14032025.jpg?p=medium600\" title=\"\" alt=\"\" \/> <\/a> <br \/><span><\/span><\/p>\n<\/div>\n<p>The new office positions Vici Energy to better respond to market dynamics in <span class=\"xn-location\">China<\/span> and deepen collaboration with leading refineries in <span class=\"xn-location\">Shandong<\/span> and <span class=\"xn-location\">Hebei<\/span> provinces, ensuring a reliable and efficient supply of crude oil and energy products. As a strategic hub, the office will also explore new business opportunities in <span class=\"xn-location\">Asia&#8217;s<\/span> energy market, including renewable energy and other emerging sectors.<\/p>\n<p>The inauguration event was attended by government officials from <span class=\"xn-location\">Qingdao<\/span> and Zibo, alongside local industry leaders and business partners. The opening of the <span class=\"xn-location\">Qingdao<\/span> office reflects Vici Energy&#8217;s commitment to providing reliable and sustainable energy solutions in <span class=\"xn-location\">China<\/span>, while supporting the Belt and Road Initiative&#8217;s goals of regional connectivity and economic integration.<\/p>\n<p><b>About Vici Energy<\/b><\/p>\n<p>Vici Energy is a\u00a0privately owned, integrated energy company\u00a0engaged in the\u00a0exploration, development, trading, and delivery of energy products. With a focus on emerging markets, Vici Energy leverages\u00a0local expertise to drive economic growth\u00a0and create\u00a0long-term value for partners and communities\u00a0where it operates.<\/p>\n<p>Renovo Energy, Vici Energy&#8217;s\u00a0dedicated trading arm,\u00a0bridges energy supply and demand\u00a0across key markets, including\u00a0Latin America, <span class=\"xn-location\">Africa<\/span>, <span class=\"xn-location\">Asia<\/span>, and the <span class=\"xn-location\">Middle East<\/span>. Renovo-Energy fulfills our commitment to reliability and leverages deep market insights to operate effectively across varied and complex market landscapes.<\/p>\n<p><b>For more information, please visit<\/b>\u00a0<a href=\"https:\/\/www.vicienergy.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.vicienergy.com\/<\/a><br \/><b>Media enquiries<\/b>: <a href=\"mailto:media@vicienergy.com\" target=\"_blank\" rel=\"nofollow\">media@vicienergy.com<\/a><\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-20153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/20153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20153"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/20153\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}