CRUDE oil

In the crude oil market, AXA Power Energy Group use our global presence, market knowledge and logistics capabilities to balance supply and demand, optimise supply chains and service the needs of our customers around the world.

We operate primarily as physical traders. We source oil from a variety of counterparties including public production companies, oil majors and national oil companies. We also provide distribution solutions for producers, and assist refineries by supplying tailored shipments and specialist financing.

AXA Power Energy Group crude team has built strong technical capabilities. This, combined with our deep understanding of physical flows, allows us to identify complex technical issues and respond rapidly to changing market dynamics for non-standard crude oil opportunities.

Globally, we store and transport in excess of a million of barrels of crude oil per year. We have a thriving business in Africa encompassing both significant exports and imports. In Asia, our volumes continue to grow and we are an active participant in both sweet and sour grade trading. This business is expected to expand as we continue to grow our assets in the region.

In Europe, we control tankage at strategic locations and supplement this with short- and long-term leases. We have access to long-term supplies of tradable oil streams and use this to further expand our relationships with regional refiners.

 

BIODIESEL

AXA Power Energy Group committed to promoting biodiesel as a sustainable alternative to fossil fuel-based diesel and are active on all the major international trade routes. Our biodiesel desk manages a significant proportion of the traded volumes in this complex market.

Knowledge of the different regulatory systems, feedstock prices and quality parameters around the globe is key to successful trading. We track interactions between agricultural commodities, energy markets and regulatory authorities across the world. The biodiesel desk is fully integrated within our global distillates team. We source supplies globally, both directly from agribusinesses and through the professional markets. We have built strategic partnerships with producers in the Americas, Europe and Asia.

We have the ability to blend, store and transport biodiesel anywhere in the world, wherever there is an economic or mandated requirement. Our customers include oil majors, refineries and downstream suppliers.