We are what we repeatedly do. Excellence, therefore, is not an act, but a habit
When it comes to the suppliers who provide the materials, goods and services it takes to conduct our business, Nuroil searches for the right relationship, right product, at the right value. Relationships with suppliers are managed by the owners who have made a significant mark on the petroleum trading market by applying proven methodologies and leading edge information’s.
The management coupled with its strong regional and international network of affiliations, brings strategic foresight and knowledge, deep function, and a practical approach to building capabilities and delivering real impact on behalf of organizations interested in entering or expanding in the region.
In addition, the management also understands the critical nuances of local and international brokers in the business market and therefore able to effectively navigate a myriad of challenges on behalf of its clients in an effort to maximize opportunities. The extensive network of contacts and affiliates throughout the Middle East and Asia provides the management to bring a global perspective to its trading and consulting activities.
To further leverage on the numerous opportunities in the growing energy markets within Southeast Middle East and Asia, Nuroil has been building strategic partnerships and joint ventures.
Our clients often require short- to medium-term funding solutions linked with commercial supply or marketing agreements. From evaluation, to negotiation, to implementation, our business development team will cover every aspect of the transaction, finding the optimal financial solution to meet every client’s needs. About a third of our business is concluded with some form of structured commodity finance associated with commercial deliveries.
One of the challenge is to determine the best financial resources to mitigate risk. We are continually evaluating new opportunities in order to meet our clients’ expectations and build solid partnerships worldwide.
Risk is an inherent part of our business. Understanding it and managing it is crucial to our success. We have implemented tight internal regulations and monitoring of transactions in order to see that risk is significantly minimized or eliminated. An expert derivatives desk, along with sound relationships with brokers, allows us to hedge the underlying market price risk. We have established uniform contract terms which are applied globally in order to mitigate the commercial risk of transactions. Our extensive experience, structuring, use of advanced financial instruments and insurance facilities, allow us to provide the ideal solution for every one of our clients in this challenging financial climate.
Nuroil are specialized in the trade of Oil and Petroleum products. We provide a secure and stable global trading platform through which we market or source our client`s requirements. Our network of offices, partnerships and joint ventures span the globe ensuring prompt and timely flow of trade intelligence which provides us the ability to act swiftly and efficiently to our customers’ requirements. Additionally our team of experienced operation and freight staff return value to customers through the provision of efficient freight and storage solutions from refinery and load port to final destination. Nuroil will regularly extend to its customers tailor made solutions to mitigate prices risk and the volatility of today’s commodities markets.
With the headoffice situated in United Arab Emirates, and Nuroil vast presence is felt in different countries across Asia and Africa gives us full control over the supply chain and allows us to provide excellent service and distribution to our customers.