Globoil Energy

What Globoil Energy does

Globoil Energy is an international commodity trading company that engages in the physical sale and purchase of refined petroleum products, polymers, and petrochemicals. Founded in 1993 and headquartered in Istanbul, Turkey, with a regional office in Dubai, UAE, the firm serves refineries, oil distribution companies, physical bunker suppliers, oil terminals, distributors, and end users across the Black Sea, Eastern Mediterranean, and Adriatic regions. Its commodity portfolio spans light, middle, and heavy distillates (gasoil, gasoline, naphtha, LPG, base oil, fuel oil, bitumen), solid fuels (petroleum coke, coal, metallurgical coke, anthracite), and petrochemicals (styrene monomer, diethyl hexanol, iso-butanol, n-butanol).

The company operates through three integrated service lines: Trading (the core revenue driver, focused on physical commodity transactions), Consultancy (advisory on commodity trading, international trade, legal and regulatory frameworks, international banking practices, financial derivatives, and logistics), and Shipping (vessel ownership, technical and commercial management, fleet planning, chartering, and ship brokerage for product/oil/chemical tankers and dry bulk vessels, delivered through a Bureau Veritas-approved shipping affiliate). Revenue is generated through transaction-based spreads in commodity trading, consultancy professional service fees, and shipping brokerage commissions. Pricing is negotiated transaction-by-transaction and is not publicly disclosed.

Globoil Energy is a lean private firm with 1–10 employees, relying on direct counterparty relationships rather than proprietary technology platforms. The team brings backgrounds in business administration, geology engineering, shipping operations, finance, seamanship, and chemical engineering, providing over 30 years of physical trading experience. The go-to-market motion is sales-led, with direct engagement of counterparties across the company's regional markets. The company does not operate a proprietary software platform and has no publicly disclosed digital marketing presence; financial details (revenue, ownership) are not publicly disclosed.

Name

Globoil Energy

Legal name

Globoil Energy

Website

https://globoil.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

Globoil Energy is an international commodity trading company that buys and sells refined petroleum products, solid fuels, and petrochemicals. It serves refineries, oil distributors, and end users across the Black Sea, Eastern Mediterranean, and Adriatic regions.

Ownership category

akta.pro rank

Product category

Refined Petroleum Trading

NAICS

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720), Petroleum and Petroleum Products Merchant Wholesalers (4247), Commodity Contracts Intermediation (523160)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Wholesale-Chemicals & Allied Products (5160), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Crude Oil & Refined Products Trading & Marketing (EUAGAAAD)

akta.pro secondary industries

Liquid Bulk / Tanker Freight Brokerage (TLADAMAL), Liquid Bulk / Crude & Product Tanker Operators (VLCC/Suezmax/Aframax/MR) (TLADABAD), Chemical & Petrochemical Tanker Transport (TLADALAB)

Keywords

• Refined petroleum trading
• Petrochemical trading
• Shipping brokerage
• International trade consultancy
• Commodity trading services

Headquarters

HQ city

Kadikoy

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D

Revenue model

1. Commodity Trading: Globoil Energy earns revenue through the sale and purchase of refined petroleum products, polymers, and petrochemicals. Revenue is generated on a transaction basis as the company buys and sells commodities in international markets, particularly in the Black Sea, Eastern Mediterranean, and Adriatic regions.
2. Consultancy Services: Provides consultancy services on commodity trading, international trade, legal and regulatory frameworks, international banking practices, financial derivatives, and logistics. Services range from broad verbal advice to detailed technical assessments and project-specific business plans. Revenue is generated through professional service fees.
3. Shipping Services: Offers vessel ownership, technical and commercial management, fleet planning, chartering, and ship brokerage services via a shipping affiliate. Revenue is generated through brokerage commissions and management fees.

Go-to-market motion1 record

Distribution channels1 record

Core offering

International commodity trading of refined petroleum products, polymers, and petrochemicals; consultancy services on commodity trading, international trade law and regulatory frameworks, banking, derivatives, and logistics; and shipping services for tankers and dry bulk vessels operated through a Bureau Veritas-approved affiliate.

Product overview

Globoil Energy operates as an international commodity trading company offering three integrated service lines: Trading (core commodity trading of refined petroleum products, polymers, and petrochemicals including gasoil, gasoline, fuel oil, petroleum coke, coal, base oils, naphtha, LPG, bitumen, and styrene monomer/2EH), Consultancy (advisory on commodity trading, international trade, legal frameworks, banking practices, derivatives, and logistics), and Shipping (vessel ownership, management, fleet planning, chartering, and brokerage for tankers and dry bulk vessels). These three services are interconnected, with Trading as the core revenue driver, supported by Consultancy for deal structuring and Shipping for logistics fulfillment, particularly in the Black Sea, Eastern Mediterranean, and Adriatic regions.

Differentiator

Problem solved

Functional benefit

Products and services

• Refined Petroleum and Petrochemical Trading International commodity trading of refined petroleum products, polymers, and petrochemicals for oil refineries, industrial buyers, petrochemical processors, and downstream consumers across global and regional markets.
• International Trade Consultancy Advisory services covering commodity trading strategy, international trade law and regulatory frameworks, banking arrangements, derivatives, and logistics for clients engaged in cross-border commodity transactions.
• Shipping Brokerage Services Chartering and shipping brokerage services for tankers and dry bulk vessels supporting physical movement of traded commodities, delivered through a Bureau Veritas-approved affiliate.

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Bureau VeritascoreStrategic or Co-development PartnerGloboil Energy works with a shipping affiliate that is approved by Bureau Veritas, a leading classification society and certification company. This affiliation enables the company to offer vessel ownership, technical and commercial management, fleet planning, chartering, and ship brokerage services with verified quality and compliance standards.

Scale indicators1 record

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Mercuria Energy Trading: Global energy and commodities trader active in crude, refined products, and petrochemicals. Competes with Globoil for the same physical product flows but with far broader geographic and product diversification.
• Gunvor Group: Major international energy trader with strong activity in Black Sea and Mediterranean refined product flows. Comparable product set and regional focus but operates with substantially larger capital and infrastructure.
• Trafigura: Global commodity trader active across refined petroleum products, petrochemicals, and shipping. Overlaps with Globoil's product portfolio but operates at much greater scale and counterparty breadth.
• Vitol: World's largest independent energy commodities trader with deep activity in refined products, blending, and shipping. Comparable to Globoil at the product/category level but vastly larger in scale and geographic reach.

Direct peers

• BB Energy: Independent international trader of refined petroleum products with Mediterranean and Black Sea focus. Closely comparable in size, regional orientation, and product mix to Globoil.
• Litasco: Trading arm of Lukoil, active across refined products and petrochemicals with strong Black Sea and Mediterranean presence. Directly competes with Globoil for the same regional counterparties and product grades.
• Coral Energy: International energy trader with significant refined product and bunker fuel activity in the Mediterranean and Black Sea. Similar boutique positioning and customer overlap to Globoil.

Others

• Braemar: International shipbroker and maritime services provider active in tankers and dry bulk. Adjacent comparable to Globoil's ship brokerage and chartering lines via its Bureau Veritas-approved affiliate.
• Clarkson: Global shipbroker offering tanker chartering and brokerage services. Comparable to Globoil's shipping affiliate activity (vessel management, chartering, brokerage) but at much larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Globoil Energy