Global Petroleum

Oil & Natural Gas are two of the world’s foremost sources of energy. They’re not only used for energy, almost everything around us in the modern world is made with Oil or Natural Gas. It plays an incredible part in fuelling the machines to make anything from gum to clothing.

The demand for Oil & Gas is naturally high due to its incredible versatility in the industrial world, Beexco can supply not only the USA but the global market as well.

Our Oil & Gas can be used for any necessary function, from Crude Oil, Middle Distill, Gasoline, Fuel, LNG & NPG and Base Oil.

For more information on how our products will best suit your project, be sure to get in touch and a member of our team will be happy to advise.

Minimum orders begin at 1 million BBLS but we have the capability to supply up to 35 million BBLs.

Both Natural Gas and Oil are primarily formed through the decomposition of organic material deposited on the seabed and broken down and transformed over several hundreds of millions of years. With a suitable combination of reservoir rock, cap rock and source rock in the area, gas & oil can be recovered from these deposits.

Gas & Oils primary function is as fossil fuel to power many different types of heavy machinery used in factory production. Alongside that they serve a multitude of other purposes. This can include but doesn’t limit itself to things such as production of high amounts of electricity, propelling vehicles, and heating buildings. They are incredibly versatile and highly potent forms of energy that can power a very large quantity of things.

Beexco’s growth strategy is focused on sustainable energy commodities and projects, implemented through geographical expansion in new markets, product diversification, and acquisitions.

Beexco LLC trades a wide range of grades from different geographic regions. Crude Oil is sourced primarily from the Far East and the Middle East, as well as North Africa and with good volumes coming out of Latin America, West and East Africa.

In 2022 our Crude activity showed a continued growth with focus on new grades and new geographic regions.

The Far East and the Middle East are the main areas of destination of our Crude Oil in 2022, while maintaining a solid presence in the Mediterranean. We kept consolidating our activity in the pipeline business in the U.S.

The Crude Oil desk also continued its growth by increasing the turnaround of its storage in the U.S. In addition, trading volumes in Singapore are maintained by the blending business of Crude Oil into very low sulphur bunker Fuel Oil.

Diversifying into new markets In a very competitive environment, we maintained our market share by leveraging on our downstream system in the Eastern Mediterranean and acted as swing suppliers for the African and Arabian Gulf markets.

The Beexco entered in previous years the NWE market where it has storage and blending operations and continues to expand on its presence. The Beexco has increased its workforce in the US to grow further in both the East and West Coast markets.

A niche player in a changing market environment We have been one of the leading Fuel Oil traders in the Mediterranean since 2013. In more recent years, our Fuel Oil activities have been limited to a few countries still highly dependent on this product for their power generation and/or industrial needs.

Trading opportunities have since expanded through term supplies in other territories as diverse as the Americas, the Red Sea, the Arabian Gulf and the Indian subcontinent.

As we continuously work to diversify our portfolio to include lower carbon fuels, Fuel Oil traded volumes have reduced by c.55% since 2015.

Beexco LLC has developed an LNG trading desk with a dedicated team of experienced professionals and entered into a number of MSA’s with leading international and national LNG producers and suppliers.

The Beexco concluded its first LNG cargo in 2016 followed by other global deals.

We are approaching the LNG market with a strict risk management policy with the aim to gradually expand into the LNG global marketplace.

Beexco started trading LPG in 2015 and is one of the leading LPG suppliers to Bangladesh, supplying Omera Petroleum Ltd. (OPL) and other domestic LPG players. OPL is a fully integrated LPG terminal, bottling, and distribution facility in Bangladesh, which the Beexco invested in together with a local partner and an international development institution.

OPL now sells in excess of 150,000 mt p/a of LPG and is among the top three LPG facilities in the country.

From 2019 to present, we chartered a VLGC floater in the Port of Dharma, India to supply mainly Bangladesh and surrounding countries.

Using Bangladesh as a base, we have now expanded our foothold in LPG with contracts from the US to the Pacific Islands.

Our product is sourced from across the world, from countries such as Saudi Arabia, United Arab Emirates, Libya, Qatar, Kazakhstan and Iraq.

For more information about our oil and gas, be sure to get in touch and we will be happy to talk through the services we can offer.