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DIRECTORY 02 · TRADERS
Majors, independents, brokers and state traders — organised by products and desks.
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London, United Kingdom
bp's global commodity trading business connecting its production to markets across crude, refined products, petrochemicals, natural gas and lower-carbon products.
China
Trading arm of China National Petroleum Corporation (CNPC), registered in 1993 and jointly owned by CNPC and Sinochem Corporation though managed and operated by CNPC. ChinaOil is licensed to import and export crude oil and refined products and trades crude and product futures both domestically and internationally -- distinct from PetroChina, CNPC's separately listed production and refining arm.
China
State-owned Chinese oil trader and E&P company, founded in 2003 as the petroleum arm of defense conglomerate Norinco. Zhenhua Oil trades crude oil and products internationally and holds upstream exploration and production interests across roughly a dozen countries including Iraq, Egypt, Myanmar and Kazakhstan.
Rome, Italy
Eni's current trading subsidiary for crude oil, refined products and biofuels (successor role to the former Eni Trading & Shipping, which entered liquidation in 2021).
Houston (former), Italy
⚠️ Dissolved — Eni's former crude oil, refined products trading and shipping arm. With effect from 1 January 2021 it transferred its gas, LNG, power and oil trading activities to other Eni entities and entered liquidation. The active successor is Eni Trade & Biofuels (ETB), listed separately in this directory.
Wichita, United States
Wholly owned Koch Industries subsidiary — refining, chemicals and biofuels company operating US refineries (Texas, Minnesota, Alaska) with combined capacity of about 670,000 bpd, marketing products globally.
Baar, Switzerland
Diversified natural resources group with a major energy trading and marketing arm.
Geneva, Switzerland
Independent commodity trading group with a core focus on energy, founded in 2000.
Japan
ITOCHU's Energy & Power Solutions Division trades crude oil, petroleum products, LPG, LNG, natural gas, renewable fuels and hydrogen, with downstream trading hubs in Tokyo, Singapore and London, alongside upstream E&P interests in Azerbaijan, Russia, Iraq, Qatar and Oman.
Geneva, Switzerland
Independent energy and commodity trading group founded in 2004 by Marco Dunand and Daniel Jaeggi.
Japan
Mitsubishi Corporation's dedicated energy-trading arm, wholesaling and direct-selling petroleum products within Japan and expanding into digital energy services; part of Mitsubishi Corporation's wider global energy trading network (crude oil, LNG, LPG, petroleum products) spanning divisions such as Energy Trading Solutions (US) and the Natural Gas and Petroleum Division (Europe).
Japan
Mitsui & Co.'s energy business, organized into Energy Business Units I and II at the Tokyo head office, trades and markets crude oil and petroleum products globally through regional arms including Mitsui & Co. Energy Trading Singapore and offices in the US, Europe, Asia-Pacific and Australia.
Abuja, Nigeria
Nigeria's pioneer state-owned commodity trading company, a wholly owned NNPC Limited subsidiary trading crude oil, refined products, condensates and gas.
Rio de Janeiro, Brazil
Brazilian majority state-owned energy corporation — the largest company in Brazil and South America, engaged in exploration, refining, and crude oil/products trading.
Kuala Lumpur, Malaysia
PETRONAS' trading arm, supplying crude oil and petroleum products worldwide in coordination with Malaysian refineries.
Bangkok, Thailand
PTT Public Company's international trading business unit — processes over 12 billion litres of crude, condensates and finished oil products yearly across global trading bases.
Doha, Qatar
Wholly owned trading subsidiary of QatarEnergy, built to run a globally diversified portfolio of third-party and equity LNG (and broader energy trading).
Madrid, Spain
Repsol's trading arm, dealing crude oil and a wide range of petroleum products and managing chartering/logistics, with offices in Houston, Singapore and Lima.
London, United Kingdom
Shell's coordinated trading network buying and selling crude oil, gas, refined products, power and CO2 permits worldwide.
Beijing, China
Chinese state-owned conglomerate and China's first state company engaged in crude and refined oil trading.
All entries are based only on official company disclosures and public sources, each shown with its source and last-verified date. Found an error? Please request a correction. Request a correction →