The oil industry is dynamic and volatile, and we recognise the importance of making strategic investments and developing joint venture relationships with selected partners. This enables us to respond to an ever-changing market and stay at the forefront of the industry. We work with our partners side by side to develop specific business ventures in locations where our marketing capabilities, risk management portfolio, and shipping and sales expertise are primary assets. We are constantly securing opportunities that require quality partners who share our values of trust, professionalism, commitment and integrity.
Partnering with Producers
Our market-leading team combines specialist knowledge with global expertise. Over many years we have established long-term relationships with national oil companies, oil majors and independent producers. We use our expertise in managing transportation via pipeline, barge, train, truck and all sizes of vessel to efficiently and reliably transport crude to refiners worldwide.
When appropriate, our traders work alongside our finance and teams to develop commercial structures which allow us to finance producers’ operations in return for off take. Working with refiners
Today, we supply over 3.4 million barrels per day of crude oil and feed stocks to the refining industry globally. We take the time to understand the specific requirements and preferences of refiners worldwide and have a long track record of consistently and reliably sourcing the right feedstock to meet our customers’ needs at the right time. We currently have an ownership stake in five refineries across three continents with a total refining capacity of 390,000 barrels per day.