Energy Overview

Taleveras Group Energy Activities encompasses the entire spectrum of Crude oil and Refined Petroleum Products.  Prior to 2004, current subsidiaries and newly associated companies of Taleveras Group, supplied in total, 290,000 Metric Tons of Physical Fuel Oil between the years 1998-2002, and 400,000 Metric Tons of Refined Products during 2002-2004. These figures continue to rise in recent years, seeing our total Physical Trades Increase to 12 Million Barrels of Physical Crude Oil and 2 Million Tons of Physical Clean and Dirty Products from December 2007 through October 2008. At present, energy trading activities are led by Taleveras Petroleum Trading BV, a wholly-owned subsidiary based in London.

Taleveras Group is active in the following Range of Activities:

Crude Oil and Condensate Trading

Refined Oil Product Trading

Petrochemical Trading

Natural & Petroleum Gas Supply and Trading

Crude & Product Logistics and Storage

Shipping and Transportation

Our Upstream Development and Participation was further boosted with an award of Two Oil Blocks in the 2005 OIL Bidding Round held in Nigeria. However, Production Sharing Contracts have not yet been executed on these two Fields.  Taleveras Group is committed in integrating fully into upstream activities and has defined strategic initiatives to promote this Interest in coming years.

Taleveras Group is also committed to developing New Energies such Bio Fuels and other renewable as well as Electricity and Emissions Trading.

Current Physical Turnover of Taleveras Group Energy Activities is in excess of several billion dollars.

“The Guiding Principles for this growth, are principles of respect, integrity, humility, professionalism, transparency and a desire to positively impact on our various counterparts.”

- Igho Sanomi- CEO