Eneoleum's traded portfolio consists of Feedstocks alongside Light, Middle and Heavy Distillates, principally across the Middle East, Asia and Africa. Risk discipline governs every position that is taken.
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We maintain established commercial ties with National Oil Companies, International Oil Majors, Refiners, Trading Houses and various End Users. These relationships are earned over time and sustained through reliable execution and transparent dealing.
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Independent risk oversight, daily mark-to-market valuation and CTRM-backed controls govern the entire lifecycle of each transaction, from origination through to settlement. Control at every stage is what allows us to move with confidence.
ExploreEneoleum is a privately owned commodity trading house headquartered in Dubai, established in August 2020 to navigate and manage the complexities of global energy markets.
Backed by a team with three decades of combined experience in supply, trading and risk management, Eneoleum has built a diversified portfolio spanning GTL, Gasoil, Base Oils, Cutter Stock, Very Low Sulphur Fuel Oil 0.5%, High Sulphur Fuel Oil, Vacuum Residue, Bitumen, and Metals & Minerals.
Our foundations are built upon principles of optimisation, rigorous risk management and prudent decision-making. Full audited accounts are available to stakeholders upon request.
Physical supply, structured risk control and documented governance — the three disciplines behind every barrel we move for producers, refiners, trading houses and end users.
Feedstocks alongside light, middle and heavy distillates, traded through spot and term contracts with disciplined risk oversight on every position.
Gas-to-liquid products for refiners, blenders and industrial users.
Middle distillates supplied to refiners, distributors and end users.
Base oil grades supplied to lubricant blenders and distributors.
IMO 2020-compliant very low sulphur fuel oil for the marine market.
High sulphur fuel oil, cutter stock and vacuum residue for bunkering and blending.
Paving and industrial grades for road construction and infrastructure.
Dry bulk commodities sourced and delivered with the same risk discipline.
Active commercial relationships with banks, brokers, traders, NOCs, IOCs and refiners spanning the Middle East, Europe, Africa and Asia.
Sound corporate governance is the foundation of every activity at Eneoleum. As a commodities trading company operating across international markets, our reputation rests on the confidence of our counterparties, financiers and partners — and that confidence is earned through disciplined oversight and consistent, transparent conduct.
Our Board of Directors sets the strategic direction of the business and holds executive management accountable for its execution, supported by a clear delineation of authority, defined reporting lines, and regular review of performance and risk exposure. Decision-making at every level is guided by documented policies rather than individual discretion.
Trading in physical and financial commodities carries inherent market, credit and operational risk, and it is managed through a structured control environment. Trading, operations, finance and risk functions are segregated to ensure independent oversight of every transaction, with position limits, counterparty credit assessments and approval thresholds applied consistently across our activities. Our compliance framework governs:
These are reviewed regularly to reflect changes in the regulatory landscape and the markets in which we operate.
We expect the same standards of every person who represents us. Our Code of Conduct sets out clear expectations on integrity, conflicts of interest, confidentiality and fair dealing, and is reinforced through ongoing training and confidential channels through which concerns can be raised without fear of retaliation. We are equally committed to responsible sourcing and to conducting our business in a manner that respects the communities, supply chains and environments in which we operate.
Governance, for us, is not a matter of formality — it is how we protect our clients, our people, and the long-term value of our business.
Whether you have questions about the products we trade or want to explore potential opportunities, we're here to help.