
Petrogress is an independent Oil energy and Shipping company based in Delaware and New York.
As an independent commodity trading and logistic house, Petrogress is at the forefront of the oil industry.
Petrogress operates globally through subsidiaries and partnerships.
At Petrogress, we develop innovative and efficient solutions to global future energy challenges.
We focused on maximizing shareholders value by maximizing returns of our investments.
Petrogress diversified funding model allows it to operate effectively in all market conditions.
As an integrated energy and shipping company focusing, on oil exploration (upstream), sea-transportation (midstream), storing and processing (downstream). We have a strategic monitoring process based on our plan which consists and includes the beneath projects.
Petrogress diversified funding model allows it to operate effectively in all market conditions.
YOU ARE HERE:WHAT WE DO > STRUCTURE
Our primary operations are defined by the seamless transition of energy—from source to sea, and finally to the end-user. Physical trading and maritime transport form the absolute core of our business model.
We execute business transactions both internally within our group and with external partners, focusing on maximizing productivity at every stage of the value chain. Through strategic capital allocation, we have developed assets that fortify our operational stability. These wholly-owned assets grant us superior control over oil sourcing and shipping, establishing a foundation for diversified revenue streams and creating a distinct competitive advantage in our operating regions. Today, Petrogress has evolved into a fully integrated energy entity, driving organizational transformation and geographical expansion.
Our scope spans the entire energy lifecycle, from upstream sourcing and exploration to midstream transportation. The "Petrogress Way of Business" defines our identity, our operational methodology, and our strategic goals. It serves as a unified roadmap, providing clarity for our internal teams and all global stakeholders who engage with our services.
As a primary merchant pillar, our TRADING division excels in connecting energy producers with global markets. Through our active subsidiary, Petrogress Co. Limited, we manage the entire commercial lifecycle of crude oil and refined products. By handling logistics, storage, and specialized financing, we strip complexity out of the downstream supply chain to ensure a reliable flow of energy to our international clientele.
Our midstream capabilities are anchored by a robust SHIPPING framework operated through Petronav Carriers LLC. This division manages a versatile fleet of ocean-going tankers, providing the critical physical link required to transport petroleum safely across international waters. Centralized at the Port of Piraeus, our maritime experts combine precise voyage coordination with modern risk management tools to offset market volatility during transit.
The final phase of our vertical integration centers on REFINING, where raw products are transformed into high-value fuel and petrochemicals. Years of supplying regional plants have given us precise insights into downstream processing demands. This localized knowledge underpins our core partnership with the Platon Oil Refinery in Ghana, serving as a template for our planned expansion into additional processing infrastructure worldwide.
Through innovative local procurement strategies, we have achieved significant milestones across our West African operational hubs. We actively negotiate offtake agreements directly with oil producers and suppliers, maintaining a physical presence on the ground to oversee procurement and ensure supply chain reliability.
Because energy demand is rarely aligned with production geography, our physical trading division acts as a vital distributor. We move essential products globally, maintaining our competitive edge by continuously optimizing our shipping routes, fleet management, and maritime logistics to ensure timely arrivals.
Our refining operations encompass the secure supply, sophisticated processing, and strategic marketing of petroleum derivatives. By maintaining close ties with refineries during our trading operations, we gain unique insights into specific regional requirements, allowing us to align our output with the precise preferences of our end-users.
Our delivery network spans from the handling and storage of feedstock to refined product distribution for retailers. Driven by a culture of passion and technical innovation, we prioritize long-term, mutually beneficial partnerships, ensuring that our logistics chain remains resilient and responsive to market needs.
We maintain a structured chain of command that facilitates rapid, informed decision-making, ensuring we act decisively to secure strategic advantages for our partners and customers. Our executive team works in tight coordination, representing a significant portion of the company’s shareholder base.
The Petrogress team brings extensive expertise in the oil and petrochemical sectors, underpinned by long-standing customer relationships. Our reputation for reliable delivery is a hard-earned asset, which serves as the foundation for the enduring confidence placed in us by our clients.
The Petronav team manages our comprehensive freight and shipping requirements, ensuring the precise and safe delivery of energy products to our global destinations.
PETROGRESS RELATED NEWS
PETROGRESS RELATED NEWS
PETROGRESS AT GLANCE 2018