More than 21 years have passed since 1999, when we began specializing in international trade, especially the trade of petroleum derivatives. After that, we combined our experience resulting from a distinguished work team and became Global AL Rayyan Petroleum Company, which is an emerging company based in Turkey and whose relationships extend to all parts of the world, and we provide people with Fuels around the world.
Only by building trusting relationships with a group of partners can we achieve our goal: to provide oil to the world in a safe, responsible and sustainable way.
If you are looking for a petroleum products trading company that operates at a high level of efficiency and experience in the markets of Latin America, South Africa and the countries of the Middle East, you should cooperate with Global Al Rayyan petroleum, which has a rich history in this field and seeks to achieve innovation and sustainability in its business.
OUR ORIGINS
QATAR, KAZAKHISTAN, AZERBAIJAN & MORE.
Sustainability is at the very heart of our priorities and at the centre of business decisions at Global Alrayyan Petroleum.
Global Al Rayyan Petroleum is an integrated company for trading petroleum derivatives, liquefied natural gas, in addition to fertilizers, and has strong relationships with global refineries that have value that extends to our customers around the world.
Through the provision of reliable and cost-effective energy, Global Alrayyan Petroleum. is playing an integral role in supporting the needs of economies and local communities all around the world.
LATEST GLOBAL ENERGY NEWS
The global demand for Oil and Gas is seeing a decline in 2020 due to the spread of Coronavirus around the world which has also squeezed broader economic activity, as per the International Energy Agency’s latest oil market forecast. There’s a lot of uncertainty over how would be the global impact of the virus.
ADNOC Gas, a subsidiary of ADNOC, has signed a 5-year LNG supply agreement with Japan Petroleum Exploration Company (JAPEX). ADNOC confirmed that the contract was valued at between US$450 – 550 million. No additional details on pricing, start-up, or delivery basis were disclosed.
In the third year of a new upcycle. Global development spend will be around US$490 billion in 2023, up from the 2020 low of US$370 billion (in 2023 terms). Recovering demand, firmer prices, availability of cash flow and a pent-up pipeline of opportunities that had been shelved or reworked during the pandemic are fuelling the rise. Even so, the level of investment today is only just over half the average of US$800 billion (in 2023 terms) spent each year from 2010 to 2014.
Six US E&P companies have raised full-year 2023 production guidance during the current earnings season, and linked their adjustments to standout well performance. The news has been a profound realization after several basin-wide metrics have started eroding, and speaks to the constant push for leading companies to improve their projects.