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 - 2023

  • 645 mbbl

    crude oil sold via our marketing business

  • 558 mbbl

    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.

Our assets

Aquarius Energy

We own a 49% stake in Aquarius Energy – which provides petroleum products storage and logistics in the major global trading hubs and strategically important locations across Europe, Africa and the Americas.
Find out more
We have offshore interests in operating fields in Equatorial Guinea. We also have interests in Cameroon – where significant oil and gas reserves have been discovered both onshore and offshore.


A stake in the Bolongo block, where an exploration well was successfully drilled in 2012

Equatorial Guinea

Blocks I and O, operated by Noble Energy, covering the Aseng field and gas condensate field

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Global presence



Alex Sanna
Marketing lead
Colin Glasenberg
Industrial lead