We are one of the world’s leading marketers of crude oil and oil products, supplying millions of barrels of oil every day to customers around the world
We source crude oil and oil products from a range of suppliers – through our marketing offices in London, New York and Singapore.
To support our business, we have a substantial shipping portfolio and access to a range of logistics, storage and investment capabilities.
We also market natural gas, mostly in Europe.
Through Astron Energy, we are a leading supplier of petroleum products in South Africa, with a vast network of Caltex-branded service stations that make us one of the country’s top two petroleum brands. Astron also owns and operates the country’s third-largest crude oil refinery in Cape Town, which has a capacity of 100,000 barrels a day, and a lubricants manufacturing plant in Durban.
Oil in numbers - 2022
crude oil sold via our marketing business
oil products sold via our marketing business
Uses of oil
Crude oil is refined into a range of oil products mainly used as fuels – including petrol and diesel for cars, jet fuel, heating oil and liquid petroleum gas (LPG). Derivatives also include asphalt used in roads, wax, and lubricants.