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- 1. What’s in store for the oil market in 2022?
- 2. United Oil and Gas announces Al Jahraa-13 well test results.
- 3. Qatar looks to profit from Europe natural gas fears over Ukraine.
- 4. Aramco CEO Amin Nasser says energy transition "not going smoothly".
- 5. Tackling the cybersecurity challenge for the Oil and Gas industry.
We sit at the heart of global energy flows, moving energy products from source to customer as quickly, responsibly and cost‑effectively as possible. Our business is founded on the long-term relationships we’ve built with our customers, on our expertise, market understanding and reputation for reliably delivering the required products, on time and to specification. With a lot of agents worldwide and a network of teams globally, we understand that every market is different. We work with our customers to identify and develop solutions which work best for them, helping them manage physical risk and optimize opportunities. Our trading presence is underpinned by a complementary infrastructure: refining, storage, distribution and a marketing network across seven continents. In all our physical operations we seek to work with partners which share our commitment to high international standards of operation. The infrastructure, upon which we rely, from ships to jetties and storage, is subject to our due diligence processes. Crude oil our crude trading business has longstanding relationships with producers and refiners worldwide. We help the former to effectively market and distribute their daily production, and the latter to secure a reliable and consistent supply of the right quality crude at the right time.
We transact in over 20 different grades of crude oil in locations around the globe. We are active in all major centers where crude is produced, refined and traded, enabling our customers to benefit from critical intelligence and access to the most appropriate market. As a physical trader, we can deliver crude anywhere our customers require. We are one of the spot charterers of crude vessels and have a dedicated fleet of various sizes, as well as access to storage on land around the world. 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 E&P teams to develop commercial structures which allow us to finance producers’ operations in return for off take.
ProOPEC serving the world’s energy markets
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ProOPEC`s plans designed and established as a service provider and agent for representing all international Oil & Gas service-companies in (OPEC member countries and OPEC+`s countries).