Sekelo Oil Trading

What Sekelo Oil Trading does

Sekelo Oil Trading (Pty) Ltd is a South African oil trading and commercial fuels distribution company founded in 2016 and headquartered in Sandton, Johannesburg. It operates two integrated lines of business: an international trading desk that handles crude oil and oil products through a network reportedly including Shell Trading, and a domestic commercial fuels division that distributes five primary fuel products — Diesel, Petrol, Jet A1, Kerosene, and Fuel Oil — together with specialty waxes and AVGAS. Distribution is executed through six contracted fuel terminals across KwaZulu-Natal, Eastern Cape, Western Cape, Gauteng, Free State, and Mpumalanga, as well as through the Shell Retail Network, supporting both order-to-delivery and order-to-collection options nationwide.

Name

Sekelo Oil Trading

Legal name

Sekelo Oil Trading (Pty) Ltd

Website

https://sekelooiltrading.co.za

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Sekelo Oil Trading is a South African B-BBEE oil trading and commercial fuels distributor, trading crude oil and refined products internationally and supplying Diesel, Petrol, Jet A1, Kerosene, and Fuel Oil to wholesalers, distributors, and commercial/industrial customers via six contracted fuel terminals and the Shell Retail Network.

Ownership category

akta.pro rank

Product category

Fuel Trading & Distribution

NAICS

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB)

Keywords

• Crude oil trading
• Commercial fuel distribution
• Diesel petrol supply
• B-BBEE oil trading
• Fuel terminal logistics

Headquarters

HQ city

Johannesburg

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Oil Products Trading: Trading crude oil and oil products internationally through a strong trading network backed by Shell Trading, generating revenue through the margin between purchase and sale of oil commodities.
2. Commercial Fuels Sales: Sale of five primary fuel products (Diesel, Petrol, Jet A1, Kerosene, Fuel Oil) and waxes to customers nationwide through contracted terminals and depots, covering both delivery and collection options.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Sekelo Oil Trading trades crude oil and oil products internationally through a strong trading network backed by Shell Trading, and distributes five primary fuel products (Diesel, Petrol, Jet A1, Kerosene, Fuel Oil) together with specialty waxes and AVGAS to wholesalers, distributors, and commercial & industrial customers across South Africa via six contracted fuel terminals. The company operates as a Level 2 B-BBEE trading entity, enabling security of supply through both order-to-delivery and order-to-collection options nationwide.

Product overview

Sekelo Oil Trading is an oil trading and commercial fuels company that operates as a unified offering combining crude oil and oil products trading with a commercial fuels distribution channel. The company trades crude oil and oil products (including Diesel, Petrol, Jet A1, Kerosene, Fuel Oil, AVGAS, and specialty Waxes) through international trading networks, while simultaneously distributing five primary fuel products (Diesel, Petrol, Jet A1, Kerosene, Fuel Oil) and waxes nationwide via a network of six contracted fuel terminals. The trading division focuses on international crude oil and oil products trading, while the commercial fuels division handles national distribution to wholesalers, distributors, and commercial and industrial customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Diesel
• Petrol
• Jet A1
• Kerosene
• Fuel Oil
• AVGAS
• Waxes (MMO, SPO, BSSW, LMO)
• Crude Oil Trading

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Thebe Foundation TrustcoreStrategic or Co-development PartnerPartnership for youth skills development and economic empowerment. Supports programmes that uplift students and entrepreneurs through skills training, mentorship, and work-readiness initiatives. Sekelo contributes to these initiatives as part of its commitment to transformation and community development.
• Shell TradingcoreStrategic or Co-development PartnerSekelo leverages extensive expertise of Shell Trading as part of its B-BBEE trading entity operations. The partnership provides advantaged supply access and global trading network capabilities for crude oil and oil products trading.

Scale indicators5 records

Expansion highlights4 records

Broad incumbents

• Vitol: Vitol is the world's largest independent oil trader with extensive African refining and trading operations. It competes with Sekelo for physical crude and product flows through its global trading book.
• Astron Energy: Astron Energy (formerly Caltex South Africa) operates a national network of service stations, terminals, and commercial fuel sales. It is a broad incumbent competitor in the South African petroleum wholesale market that Sekelo supplies into and competes with.
• Vivo Energy: Vivo Energy is the Shell-licensed fuels distributor across more than 20 African markets, including South Africa. Given Sekelo's explicit Shell Trading partnership and distribution through the Shell Retail Network, Vivo is the most natural strategic counterparty and broad incumbent peer.
• Trafigura: Trafigura is a top-tier global commodity trader with major oil and petroleum products trading operations across Africa. It represents the large international trading houses that compete with Sekelo's traded volumes in crude and refined products.
• Gunvor Group: Gunvor is a major global physical oil and product trader with strong presence in African markets. It is a peer to Sekelo's international oil products trading division in competing for flows and counterparties.
• BP Southern Africa: BP Southern Africa markets fuels and lubricants through a retail and commercial network in South Africa. It is a broad incumbent competitor in commercial fuel sales and lubricants distribution that overlaps with Sekelo's customer base.
• Glencore Energy: Glencore is one of the world's largest physical oil traders and operates crude and product trading desks globally. Sekelo's international oil products trading business competes for counterparties and flows with Glencore's trading operations.
• Sasol Limited: Sasol is South Africa's largest integrated oil and chemical company with refining, fuel distribution, and petrochemical operations. It is the most direct broad incumbent comparable, operating across the same South African fuel value chain where Sekelo competes for distribution volumes.
• Engen Petroleum: Engen is a major South African fuel retailer and wholesaler with extensive terminal infrastructure and B-BBEE credentials through its majority Black-owned ownership structure. It competes head-to-head with Sekelo in commercial fuel distribution across the same geography.
• TotalEnergies Marketing South Africa: TotalEnergies operates a national fuel retail and commercial fuels business in South Africa with refinery and terminal assets. It competes with Sekelo for commercial fuel volumes and parastatal contracts across the same geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sekelo-oil-trading

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 Sekelo Oil Trading