BB Energy Company Profile 2025

BB Energy’s purpose is energising growth around the world through the provision of traditional, transitional and renewable energy. In 2024 we continued to deliver on this purpose by trading 33 million metric tonnes of Crude Oil and petroleum products, expanding our Liquid Gas offer and continuing to invest in renewable power projects.

The past year at BB Energy has been a period of consolidation, renewal, and adapting to a constantly evolving market. We delivered solid results with a turnover of almost US$ 23 billion and a gross profit of US$ 298 million. This performance was underpinned by the strong relationships we have built with our financial partners over many years. We now work with 46 financial institutions around the world with a record liquidity of US$ 5.5 billion across bilateral trade finance lines, structured facilities, and corporate facilities.

At the same time, we are aware the commodities industry is changing and a key focus in 2024 has been to revitalise and strengthen BB Energy by laying the foundations for future growth, making changes where they are needed and building a strong team with the right skillset.

Highlights in the report include:

• Revenues of US$ 22.89 billion, up from US$18.5 billion in 2023
• Traded Volumes of 33 million metric tonnes, up 32 percent since 2023
• Strategy update focused on geographic expansion, product and business diversification & preparation for the future of energy
• Breakdown of products traded, including increases in transition fuels such as LPG and LNG
• ESG materiality analysis & Greenhouse Gas emissions data

The full BB Energy Company Profile can be downloaded here.