FGE

What FGE does

FGE (operating as FGE NexantECA following its February 2025 merger with NexantECA) is a privately held global energy and chemicals market intelligence and consulting firm founded in 1984 by Dr. Fereidun Fesharaki. The company delivers independent fundamental analysis, supply/demand forecasts, price outlooks, and bespoke advisory services across the full oil, natural gas, LNG, NGLs, refining, and energy transition value chains. Its offerings are organized around eight market verticals (Crude Oil, Oil Products, Refining, Natural Gas, LNG, LPG & Ethane, Condensate & Naphtha, and Energy Transition), six regional coverages, and country-specific services for China, Iran, Iraq and the United States.

The firm's core technology comprises three proprietary Online Data Systems (Oil ODS, LNG ODS, Refinery ODS) that allow clients to query proprietary supply/demand data by country or region across crude and refined products, LNG contracts and infrastructure, and refinery capacity. A Data API exposes the same dataset in JSON/CSV formats for programmatic integration into client Excel workflows. Lumen by FGE NexantECA, launched in May 2026, is the firm's next-generation integrated intelligence platform for long-term gas and LNG decision-making. Proprietary data assets are curated over 40+ years, with historical data extending back to 1975.

FGE monetizes through enterprise subscriptions to its ODS platforms and analytical reports (recurring revenue), bespoke advisory and consulting engagements (project-based), and training programs ranging from two-day intensives to 3-9 month on-the-job sessions. Distribution is enterprise field-sales led, supported by a global office footprint in London (HQ), Singapore (Asian HQ), Tokyo, Dubai, Honolulu, Beijing and Houston, and amplified through flagship events including Pacific Petroleum Insiders (PPI) and Pacific Gas Insiders (PGI). Customers include National Oil Companies, IOCs, integrated gas players, refiners, petrochemical firms, financial institutions and government bodies, with named training clients spanning Shell, Petronas, KPC, Gail (India), GS Caltex, Malaysia LNG and Oil Search.

Name

FGE

Legal name

FGE

Website

https://fgenergy.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

FGE NexantECA is a privately held global energy and chemicals market intelligence firm providing proprietary data subscriptions, forecasts, and advisory services across oil, gas, LNG, NGLs, refining and energy transition markets to NOCs, IOCs, refiners, petrochemical firms, financial institutions and governments worldwide.

Ownership category

akta.pro rank

Product category

Energy Market Intelligence and Consulting

NAICS

Other Scientific and Technical Consulting Services (54169), Scientific Research and Development Services (5417), Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Natural Gas Risk Management, Analytics & Back-Office (ETRM/CTRM) (EUAGAGAJ)

akta.pro secondary industries

SCADA/Telemetry & Real-Time Operations Analytics (EUAJALAF), Permitting, Siting & Environmental Impact (EIA/NEPA) Advisory (EUAMANAB)

Keywords

• Energy market intelligence
• Oil and gas forecasting
• LNG analytics
• Energy consulting services
• Energy data subscriptions

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Data Subscription Services: Clients pay subscription fees for access to proprietary Online Data Systems (Oil ODS, LNG ODS, Refinery ODS) providing supply/demand data, price forecasts, and analytics. Subscriptions are typically annual retainer-based with tiered access levels. Deliverables include reports, alerts, commentaries in email/PDF format, regularly updated Excel data sets, and direct portal access.
2. Advisory and Consulting Services: Client-tailored consulting services including feasibility studies, market assessments, economic modeling, contract negotiations, strategic advice, executive briefings, and project management. Services span supply/demand forecasting, refining sector assessments, and gas/LNG market analysis.
3. Training Programs: Bespoke training programs delivered in-house or on-the-job at FGE offices. Programs cover fundamentals of oil & gas market analysis, global oil economics, corporate strategic planning, and LNG leadership. Duration ranges from 2-day intensive programs to 3-9 month on-the-job training.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

FGE NexantECA provides independent fundamental analysis, forecasts, data, and advisory services for global oil, natural gas, LNG, NGLs, refining, and new energy markets. Its offerings are delivered through subscription-based Online Data Systems (Oil ODS, LNG ODS, Refinery ODS), a Data API, the Lumen intelligence platform, regional and market-specific research services, bespoke advisory consulting, and customized training programs. Products cover supply, demand, pricing, trade flows, refining capacity, and energy transition outlooks across six regions and four focus countries.

Product overview

FGE NexantECA is a unified energy and chemicals market intelligence platform offering a portfolio of research, analysis, forecasts, data services, advisory, and training products across the global oil, gas/LNG, NGLs, and new energy value chains. The core portfolio is organized around market coverage verticals (Crude Oil, Oil Products, Refining/Downstream, Natural Gas, LNG, LPG & Ethane, Condensate & Naphtha, and Energy Transition), backed by three proprietary Online Data Systems (Oil ODS, LNG ODS, and Refinery ODS) and a Data API for programmatic data access. Lumen by FGE NexantECA serves as the integrated intelligence platform for long-term gas and LNG decision-making. Advisory Services (Energy Market Advisory Services and LNG Commercial Advisory Services) and Training Programs complement the analytical offerings. Geographic coverage spans six regions (Africa, Asia Pacific, Europe, FSU, Latin America, Middle East) and four country-specific services (China, Iran, Iraq, United States). In May 2026, FGE NexantECA launched Lumen, its next-generation integrated intelligence platform. The merger with NexantECA in February 2025 unified the organization with a comprehensive offering across the energy and chemicals value chain.

Differentiator

Problem solved

Functional benefit

Brands

• Lumen: An integrated intelligence platform for long-term gas and LNG decision-making

Products and services

• Oil Online Data System (Oil ODS) Proprietary web-based platform providing independent supply and demand data for crude and refined products at a country or regional level, covering LPG, Naphtha, Gasoline, Jet/Kero, Gasoil/Diesel, and Fuel Oil across all major exporting and importing countries.
• LNG Online Data System (LNG ODS) Proprietary web platform allowing users to flexibly query LNG data including liquefaction and regasification projects, contract pricing, supply/demand, trade volumes, and country profiles across the global LNG value chain.
• Refinery Online Data System (RODS) Proprietary web platform providing data on refining capacity and configurations at a plant, country, or regional level, including history and outlook for configuration, capacity, operatorship, and ownership data globally.
• Data API API allowing clients of FGE's oil and NGLs services to extract and manipulate proprietary data directly into Excel or other applications in JSON or CSV format, with dedicated API keys providing access across multiple categories and regions.
• Lumen by FGE NexantECA Next-generation integrated intelligence platform purpose-built for long-term gas and LNG decision-making that integrates specialist global analysis with proprietary data.
• Energy Market Advisory Services Client-tailored consulting including feasibility studies, economic and commercial modeling, contract due diligence and negotiations, market assessments and strategies, supply/demand/pricing forecasts, refining sector assessments, and strategic advice for energy market participants.
• LNG Commercial Advisory Services (CAS) Strategic, confidential expert support including management-level support, transaction and marketing support, project and business support, and strategic planning for LNG commercial contracts and projects.
• Training Programs Bespoke in-house and on-the-job training covering fundamentals of oil and gas market analysis, global oil economics, corporate strategic planning, LNG leadership, and the oil business. Programs range from 2-day intensives to 3-9 month on-the-job training at FGE offices.
• Crude Oil Market Coverage Subscription research service delivering independent and timely analysis, insights, and data forecasts of short- and long-term supply, demand, pricing, trade, and inventories at country, regional, and global levels.
• Oil Products Coverage Subscription research providing independent updates on regional and global products supply/demand projections for light (gasoline, naphtha), middle (gasoil, diesel, jet fuel, kerosene), and heavy (fuel oil) distillate products.
• Refining/Downstream Coverage Subscription research providing analysis and data on refining margins, product cracks, utilization rates, refinery capacity, maintenance schedules, runs, crude throughput, and refinery configurations.
• Natural Gas Coverage Subscription research delivering insights, analysis, strategic advice, and analytics on the global gas market with a particular focus on the East of Suez region.
• LNG Coverage Subscription research providing fundamentals-based analysis, insights, and forecasts of each aspect of the East of Suez LNG value chain, including supply and demand, price forecasts, and contractual data.
• LPG & Ethane Coverage Subscription research providing independent price and supply/demand forecasts along with detailed insights and analysis for LPG markets globally.
• Condensate & Naphtha Coverage Subscription research exploring the special relationship between condensate and naphtha to provide detailed supply, demand, and trade analysis for developing trading, hedging, and business strategies.
• Energy Transition Coverage Subscription research providing comprehensive analysis and data to help mitigate risks involved in transitioning business strategies and investments toward a net-zero-carbon future, covering ammonia, hydrogen, biofuels, carbon trading, ETS, wind/solar, EV, methanol, synthetic fuels, CCUS, and batteries.

Quantifiable outcome

• Decades of market predictions that have proven accurate, with proprietary data models regularly predicting key market movements and events
• +2 more outcomes

Named customers14 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered minor.

• S&P Commodity InsightsminorStrategic or Co-development PartnerS&P Global Commodity Insights is the leading independent provider of information and benchmark prices for the energy and commodities markets. FGE collaborates with S&P Commodity Insights to enhance deliverables to clients through this strategic partnership.
• Baker & O'BrienminorStrategic or Co-development PartnerBaker & O'Brien is an independent professional consulting firm specializing in engineering, economics, project management, and commercial practice in the international oil, gas, and chemical industries. They collaborate with FGE periodically where appropriate to enhance client deliverables.
• RBN EnergyminorStrategic or Co-development PartnerRBN Energy focuses on making connections across energy markets, connecting energy data with information needed to understand that data. They connect physical markets for energy commodities with financial markets for managing price risk. FGE collaborates periodically where appropriate.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Emerging players

• Vortexa: AI-enabled energy and freight analytics platform providing real-time oil and product flow insights. Adjacent to FGE's ODS products but with a digital-first, API-native delivery model.
• Kpler: Digital-native commodity flow and freight analytics platform with growing oil/LNG coverage. Emerging challenger to FGE's oil/LNG ODS subscription offerings through real-time data feeds.

Direct peers

• Wood Mackenzie: Global energy research and consulting firm offering data, analysis, and advisory across oil, gas, LNG, and renewables. Closely comparable to FGE in market coverage, subscription data products, and corporate advisory mandates.
• Argus Media: Independent energy and commodity price reporting agency publishing benchmarks across crude, products, LPG, LNG, and petrochemicals. Comparable to FGE on commodity market data feeds and price assessments.
• Energy Aspects: Specialist energy market intelligence and forecasting firm focused on oil, refined products, and LNG. Overlaps directly with FGE on global oil and gas analytics subscriptions.
• Rystad Energy: Independent energy research house providing global oil, gas, and LNG market intelligence with upstream/downstream analytics. Comparable to FGE in subscription data platforms and enterprise consulting engagements.
• ICIS: Independent commodity intelligence service with broad petrochemical, energy, and fertilizer analytics. Overlaps with FGE in feedstock, LPG, naphtha, and refining market intelligence.
• Rapidan Energy: Independent global energy consultancy providing market analysis and advisory across oil, gas, and power markets. Overlaps with FGE on subscription research and strategic client advisory in oil and gas.

Broad incumbents

• S&P Global Commodity Insights: Major commodity intelligence and benchmark price provider (Platts). Comparable to FGE on oil and LNG analytics but as part of a much broader portfolio across energy, agriculture, and metals.
• IHS Markit (S&P Global): Research, data, and analytics across energy and commodities; now part of S&P Global. Overlaps with FGE on energy market research and consulting but operates at significantly broader scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fge---facts-global-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds1 record

Investors1 record

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 FGE