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About us

Company History

2002
2005
2011
2012
2014
2015
2016
2017
2018
London PetroChina

2002

In 2002, PetroChina International established a London office and created PetroChina International (London) Co., Ltd (also known as “PCIL”), with a primary focus on crude and products trading in Europe and African regions.

2005

INEOS acquired Grangemouth Refinery and Lavera Refinery as part of a $5bn takeover deal with BP.

petrochina-ineos-petroineos

2011

The Petroineos joint venture was created in 2011 when PetroChina invested $1bn in INEOS’s refining and wholesale business in Europe.


2012

Shortly after the joint venture was established in 2011, Petroineos’ trading platform commenced full trading operations in 2012.

2014

Petroineos started Power & Emissions trading business.

2015

First physical LNG cargo was traded by PCIL’s LNG team.

2016

Petroineos started biofuel trading business.

2017

After several years of high growth, in 2017 Petroineos’ annual trading volume exceeded 70 million tonnes for the first time.

2018

Celebrating successful growth, Petroineos Trading Limited moved to new offices in Adelphi, with a view of continued growth in the future.