CHAPTER 2 A future-proof company

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EXPLORATION & PRODUCTION Search, location and extraction of oil and natural gas, both on land (onshore) and at sea (offshore).

TRADING Supplying raw materials and intermediate products to the refineries, as well as the marketing of crude oil and products directed towards foreign markets.

CHEMICAL END CUSTOMERChemical plants produce

derivatives that are used as raw materials for the manufacture of plastics, biodegradable detergents, paints, synthetic fibers and more.

We help our customers to reduce their environmental impact by selling more sustainable products.

RENEWABLES, GAS & ELECTRICITY Generation of electricity for our production centers and commercialization of electricity from renewable sources for other industries and companies.

DISTRIBUTION & MARKETING

2.1 VALUE CHAIN

A global company operating throughout the oil & gas, chemicals and power value chain.

REFINING This process, also called distillation , is conducted at refineries, which transform crude oil, and sustainable feedstock, into products and also into raw materials for other industries.

There are many green sourced and petroleum derivatives. Among the best known are biofuels, conventional fuels, ship and airplane fuels (including Sustainable Aviation Fuels), butane, propane, lubricants and asphalts. They are distributed and marketed through different sales channels to reach all consumers.