The M&T business strategy is aimed at maximizing profits from crude oil and refined products turnover transactions by way of increasing crude export, import, processing and refined product sales in the most economically beneficial directions. For the purpose of implementing its business strategy M&T deals with crude oil transportation via trunk oil pipelines of Petroleum And Oil International, Singapore Pipeline, and oil products shipment from different loading terminals and oil bases by rail and motor transport.
M&T ensures crude oil delivery to Petroleum And Oil International for refining and sells refined oil products such as gasoline, diesel, fuel oil, jet fuel, vacuum gasoil and liquefied gas both on the domestic market and export markets.
M&T consists of the following key structural subdivisions, each being responsible for a definite area of activity related to crude oil and oil products transportation and sales
Crude oil purchase and sales for export which involves in sales of gas and oil products in the domestic and international markets, optimally distributing flows depending on the market conditions. The commodity balance reflects the main commodity flows for oil (production, processing, purchases and sales) and refined products of oil and gas (production at own refineries and GPP and third-party refineries, sales, purchases for sale, excluding purchases for processing and excluding the volume of petroleum products for processing) and petrochemicals (production and sales) of the Group, excluding dependent companies, own consumption for fuel and operational and the sums of outgoing and incoming streams may differ due to rounding.
As the world became more dependent on oil, oil prices became a matter of political and global economic importance. Petroleum And Oil International set crude oil prices, until control shifted in the oil exporting countries. Price forecasting became important at Petroleum And Oil International after a series of oil price hikes turned into oil crises. Price benchmarks are used in the company to give buyers a way to value the commodity based on quality. M&T controlled assets management and optimization; control over the technical condition, timely repair and operation of oil product acceptance, storage and sales facilities and assets upgrade.
At Petroleum And Oil International, we don’t just refine oil — we refine energy for a better future. Every service we offer is guided by safety, integrity, reliability, and sustainability, ensuring long-term value creation for our partners and stakeholders worldwide.
The company is enormously diversified and renders potential customers globally unique services and ensures customers guarantee and safety. We believe that integrity is an integral part of our mind-set and key to our business success.
1 SCOTTS ROAD, 24-10, SHAW CENTRE 228208, Singapore
Phone :+6589093156
info@petroleumandoilinternational.com , export@petroleumandoilinternational.com
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