Diamond Oil and Gas

What Diamond Oil and Gas does

Diamond Oil and Gas Ltd (DMOG) is a UK-incorporated private commodity trading company registered at 61 Bridge Street, Kington. The company intermediates bulk transactions in crude oil and petroleum products — including BLCO (Bonny Light), D2 diesel, JP54 jet fuel, Mazut M100, D6 fuel oil, EN590 diesel, and natural gas — sourced directly from refineries in Russia, Africa, and the Middle East and sold to refineries, end-buyers, and trade-desk commodity traders on CIF and FOB terms, primarily with minimum monthly volumes of 100,000 metric tons. The company has extended its portfolio into precious metals (gold dust, nuggets, bars, bullion, and uncut diamonds) sourced from mines in Indonesia and Africa, and into adjacent commodities including salt and drilling chemicals.

DMOG operates on a transaction-fee intermediation model: it does not appear to take principal title to physical commodities at scale, but rather connects verified sellers and buyers, manages documentation (ICPO, FCO, SPAs), and coordinates logistics from source to port through affiliated global authorized companies and representatives. Pricing is quote-based and not publicly disclosed, and the GTM motion is enterprise field sales targeting refineries, end-buyers, commodity traders, and investors across Europe, the US, Southeast Asia, China, and India. The company is led by founder-CEO Dr. Martins Batire and is privately held with no disclosed institutional investors, funding rounds, or headcount figures.

The technology stack is described as a commodity trading and supply chain management platform, but no proprietary AI, data, or software capabilities are evidenced; the website is a basic content-marketing and lead-capture site, and there are no APIs, SDKs, or published integrations. There are no patents, certifications, awards, regulatory actions, or completed M&A events in the data.

Name

Diamond Oil and Gas

Legal name

Diamond Oil and Gas Ltd

Website

https://diamondoilandgas.co.uk/

Company type

Private

Operating status

Operating

Short description

Diamond Oil and Gas Ltd (DMOG) is a UK-based private commodity trading company that intermediates bulk crude oil, petroleum products, and precious metals between refineries, mines, and end-buyers across Europe, the US, and Asia on CIF/FOB terms.

Ownership category

akta.pro rank

Headquarters

HQ city

Manchester

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Petroleum Products Trading: Purchase, sales, and facilitating of crude oil (BLCO, Bonny Light), D2 Diesel, JP54 Jet Fuel, Mazut M100, Heavy Fuel Oil, Unleaded Premium, Kerosene, Gasoline, and Natural Gas through annual contracts and spot transactions. Revenue generated through markups on commodity trades sourced directly from Russian, African, and Middle East refineries.
2. Precious Metals Trading: Trade in gold dust, nuggets, bars, bullion, and diamonds sourced from mines in Indonesia and Africa. Commodities delivered to refineries and private buyers on FOB or CIF basis.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Diamond Oil and Gas Ltd (DMOG) is a commodity trading company that purchases, sells, and facilitates transactions in crude oil (BLCO, Basra Light), petroleum products (D2 Diesel, JP54 Jet Fuel, Mazut M100, D6, EN590, Unleaded Premium, Kerosene, Gasoline), and precious metals (gold dust/nuggets/bars/bullion and uncut diamonds), plus secondary commodities like salt and drilling chemicals. Transactions are arranged on CIF and FOB bases with minimum volumes of 100,000 metric tons per month, sourced directly from Russian, African, and Middle East refineries and mines in Indonesia and Africa, supplied to refineries, end-buyers, commodity traders, and investors globally.

Product overview

Diamond Oil and Gas Ltd (DMOG) operates as a commodity trading company offering a diversified portfolio of energy products and raw materials. The core offering consists of petroleum products including BLCO crude oil, D2 diesel, JP54 jet fuel, Mazut M100, D6 fuel oil, and EN590 diesel, sourced directly from Russian, African, and Middle East refineries. The company also trades in precious metals including gold (dust, nuggets, bars, and bullion) and diamonds sourced from African and Asian mines. Additional commodities include salt and drilling chemicals. DMOG functions as an intermediary facilitating transactions between producers and end-users (refineries, commodity traders, investors), operating on CIF and FOB bases with primary export markets in Europe, the United States, and South East Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• BLCO (Bonny Light Crude Oil) Premium Nigerian crude oil sourced directly from refineries and producers, available for CIF and FOB transactions to refineries and commodity traders worldwide.
• D2 Diesel Low sulfur diesel fuel supplied from verified and performing sellers, with monthly volumes of 100,000 MT to 500,000 MT available, operating on CIF/FOB Rotterdam procedures.
• JP54 Jet Fuel Aviation jet fuel supplied on CIF Rotterdam and FOB procedures, ranging from resellers with discounts to refinery-direct production contracts.
• Mazut M100 (Heavy Fuel Oil) Heavy fuel oil product sourced from refineries, specializing in bulk supply arrangements for industrial buyers.
• D6 (Fuel Oil) Refined petroleum product traded as part of the company's diversified petroleum product portfolio.
• EN590 Diesel European specification diesel fuel traded within the company's petroleum product offerings.
• Gold (Dust, Nuggets, Bars, Bullion) Precious metals including gold dust, nuggets, bars, and bullion sourced from South Africa, India, Switzerland, Uganda, Burkina Faso, Cote d'Ivoire, Ghana, Benin, Guinea Conakry, Congo, and Mali, traded on FOB or CIF basis with conflict-free certification.
• Diamonds (Uncut) Uncut diamonds sourced from South Africa and other parts of Africa and Asia, supplied to refineries and private buyers on FOB or CIF basis with conflict-free certification.
• Drilling Chemicals Chemical products for oil well drilling companies, facilitating transactions in the petroleum industry supply chain.
• Salt Commodity sourced from mines in Indonesia and Africa, traded alongside petroleum and precious metals products.

Quantifiable outcome

• D2 diesel supply capacity of 100,000 MT to 500,000 MT per month from verified suppliers

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• Bedford Capital CorporationminorStrategic or Co-development Partner · 1 January 2020DMOG CEO Dr Martins Batire partnered with Tim German, CEO of Bedford Capital Corporation (a fuel buyer based in Canada) to facilitate a jet fuel transaction. Bedford Capital Corporation is located at 1st Floor, Financial Centre, Building #1 Bridge St., Castries, St. Lucia, W.I. The transaction was ultimately terminated due to fraudulent activities by a third party (Houston Energy & Financing).
• Various Oil Refineries (Russia, Africa, Middle East)coreStrategic or Co-development PartnerDMOG sources oil and petroleum products directly from refineries in Russia, Africa, and Middle East. These partnerships enable direct procurement without broker chains, providing verified supply sources for crude oil (BLCO, Bonny Light), D2 Diesel, JP54 Jet Fuel, Mazut M100, and other petroleum products.
• Mines in Indonesia and AfricacoreStrategic or Co-development PartnerCommodities including gold, diamonds, and other precious metals are sourced directly from mines in Indonesia and Africa. DMOG provides technical assistance in negotiation and due diligence for buyers and sellers of alluvial gold and precious stones.
• Affiliated Global Authorized Companies and RepresentativescoreChannel Partner/ Reseller/ DistributorDMOG operates worldwide through affiliated global authorized companies and representatives that deliver profitable business opportunities with highest standards of services, handling transactions across global markets including Europe, US, South East Asia, China, and India.

Scale indicators2 records

Recent moves1 record

Expansion highlights3 records

Broad incumbents

• Glencore: The world's largest diversified commodity trader, active across crude oil, petroleum products, and precious metals. Comparable to DMOG in product breadth across petroleum and precious metals, but vastly larger in scale, financing, and compliance infrastructure.
• Trafigura: Major global commodity trader with strong crude oil and petroleum products franchise alongside metals and minerals. Directly comparable to DMOG's petroleum intermediation model but at much larger scale and with global refinery supply relationships.
• Vitol: World's largest independent oil trader, with deep crude oil and refined products flow. DMOG's petroleum product portfolio (BLCO, D2, JP54, Mazut) overlaps directly with Vitol's core, although Vitol operates at materially higher scale and credit profile.
• Mercuria Energy Trading: Global energy and commodities trader focused on crude oil, refined products, and increasingly metals. Highly comparable to DMOG's petroleum intermediation model, with a similar multi-commodity evolution strategy.
• Gunvor Group: Major independent commodities trader with strong historical Russian-sourced crude oil flow. Comparable to DMOG's petroleum intermediary role and Russian sourcing exposure, but at substantially larger scale.
• Nyrstar: Global multi-metals producer and trader with precious metals exposure. Overlaps with DMOG's metals trading activities, though Nyrstar is far larger and more focused on smelting and zinc/lead.
• MKS PAMP GROUP: Leading global precious metals refiner and trader (gold, silver, platinum). Comparable to DMOG's gold dust/nuggets/bars/bullion trading and conflict-free certification positioning, though at institutional scale.

Direct peers

• BB Energy: Mid-sized independent petroleum and petroleum products trader focused on crude and refined products across emerging and established markets. Closely comparable to DMOG in petroleum product intermediation, transaction-based model, and emerging-market focus.
• Arcadia Petroleum: Independent international trader of crude oil and refined petroleum products. Similar product set to DMOG (BLCO, jet fuel, gasoil, fuel oil) and similarly intermediate-scale transaction model.
• Concord Resources: Small/mid-sized non-ferrous metals and precious metals trader active in base and minor metals. Comparable to DMOG's precious metals trading desk, with a similarly transaction-based, lower-disclosure private operating model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Diamond Oil and Gas