Every day, billions of companies and individuals use oil and gas to commute, work, heat homes and offices and perform many other activities. We buy and sell this oil and gas around the world. Our teams work to maximize the value of our products, secure supply to refineries and transport energy to consumer hubs, all while managing the related financial and logistical risks. We are active in 24 countries where we deal with all aspects of oil and gas trading, including physical trading, derivatives and shipping.
Marketing oil and gas all over the world at the right price means managing two important variables:
Financial markets and price risks linked to market volatility, which depend on a number of economic, geopolitical and even climate-related factors.
The organization of shipping from production areas to consumer hubs worldwide under optimal safety conditions and in a timely,cost-effective way. To rise to these challenges, our trading & shipping teams around the world work in close collaboration with our Upstream and Downstream business segments, forming a one-stop shop on oil and gas markets. This optimizes transactions and means that we are equipped to offer tailored solutions to a wide range of players, from producers, transporters and refiners to financial institutions and industrial firms.
We trade with an extensive global network of partners every day, affording us a highly diversified range of resources and supply sources to complement our volumes. This maximizes the chances of selling both our own and our partner producers' production while securing supply flows to refineries and our distribution system.