DIRECTORY 02 · TRADERS
Majors, independents, brokers and state traders — organised by products and desks.
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.
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).
Beijing, China
Chinese state-owned conglomerate and China's first state company engaged in crude and refined oil trading.
Iraq
Iraq's exclusive state crude-oil and petroleum-product export marketer, headquartered in Baghdad under the Ministry of Oil. SOMO negotiates term and spot contracts with international buyers -- chiefly across Asia (India, China) with expanding sales into Europe -- and sets official selling prices off international benchmarks.
Beijing, China
Sinopec's crude oil, oil products and LNG trading arm — China's largest trading company, with affiliates in the US, UK, Singapore, India and Hong Kong.
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 →
