About us
A nigerian company with full corporate responsibility and authority registered with the nigerian corporate affairs commision in 1999.

When it comes to the trading and marketing of crude oil, fuel oil, bitumen and urea, jorax oil is earning the industry's trust. By combining skilled staff, creative strategies and a dedicated marketing process, we provide a wide array of services to meet customer needs. We are a pure trading company with excellent links to enterprises both upstream and downstream. Our link to upstream expertise allows us to analyse and predict reserves and production optimisation. This insight and focus guides every aspect of company business, from our trading stance to our market focus and business objectives. We concern ourselves with upstream and downstream activities and we understand how to bring energy commodities to market while adding value at both ends of the pipeline. Our goal is to maximize value for both customers and suppliers and help both sides manage short, medium and long-term energy needs.

We intend to focus on our core competencies and capitalise on our oil production links to offer the most creative and competitive trading option for suppliers and customers. We are able to tailor facilities for each customer on a one-to-one basis.

We work with a large network of companies across the energy value chain, ultimately basing our decisions on how we can best build long-term value. This perspective translates into better opportunities for all. Our structure emphasises teamwork and internal integration, and its trading process promotes seamless transactions. As a result, we can structure deals quickly and creatively whilst retaining a focus on objectives.

Our operations include trading crude oils, condensates and refined products, marketing of process oils and asphalt products and urea. Our international marketing profile focuses on our core objectives across the energy value chain. The strategic focus of our crude oil marketing business is to maximize value from our links with upstream operations and to capture opportunities for growth and further value creation.

Since our company's formation, our strategic business goals have evolved to ensure they align with the best attributes of our asset base, marketing network, our core competencies and our outlook on where the greatest potential exists to create shareholder value.

Looking to the future, we are building plans to reinforce our representation in the major global energy 'hubs' together with an established presence and wide industry network. With this in mind, we intend to engage the oil markets effectively and continuously worldwide.

Our trading process has evolved with the intention of mitigating risk for ourselves and counter-parties. We 'customise' trading transactions to client or counter-party requirements in order to maximise value for all. We regularly has structured transaction processes for a wide variety of industry participants from the major international oil companies to government entities, smaller independent producers and refiners, and oil and energy traders. Transactions could vary from single cargo spot deals to multi-cargo term contracts and, where appropriate, joint venture risk and benefit sharing arrangements.

Jorax oil aims to offer creative trading proposals to add value and manage risk across a broad range of oil related transactions, whether as a buyer, seller or joint venture partner.
Industry FocusCrude Oil
Business TypeTrading Company
Products/ServicesBrent crude oil
Our MarketsWorldwide
No. of Employees11 - 50 People
Annual Sales Range(USD)US$10 Million - US$50 Million
Year Established1999
Contact Information
Company NameJorax Oils&Representatives
Contact PersonMr Jude Gbeto
Company Address23 Adelabu Street. Ikeja, Lagos, Nigeria
Postal Code
Telephone Number234 88 221715
Mobile Number
Fax Number234 88 221715
WebsiteJorax Oils&Representatives, https://bizearch.com/company/Jorax_Oils_amp_Representatives_315003.htm
 
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