1987
United Oil and Gas Group was founded by Ganapathi Dhiwaghar.
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United Petro Group
Our Story
United Petro Group (UPG), a subsidiary of United Oil and Gas Group Inc., was founded by Dr. Ganapathi Dhiwaghar and has grown into a global leader in energy trading. Established in 2004, UPG began as a crude oil and petroleum products trading company but has since diversified its operations to include the development of oil and gas projects, as well as providing tank storage facilities in strategic global locations.
In 2019, UPG expanded into the LNG and LPG markets, securing significant allocations. This marked a key step in its growth beyond crude oil products. With a growing presence in African and European markets, UPG has increased supply capabilities, leveraging its own fleet to ensure timely CIF deliveries. The company now trades over 1 million metric tonnes of petroleum products monthly, underscoring its efficient logistics and ability to meet global energy demands..
United Oil and Gas Group was founded by Ganapathi Dhiwaghar.
United Petro Group was established by its founder, Dr. Ganapathi Dhiwaghar, as part of United Oil and Gas Group Inc.
Our trading desk was actively engaged in the trading of gas oil, gasoline, jet fuel, and other petroleum products, generating several hundred million USD in revenue.
We expanded our buyer base in the SEA and MENA regions.
We initiated petroleum and petrochemical complex projects in the Gulf of Mexico, Mexico, after conducting extensive studies.
We finalized the EPC contractors and secured partial financial closure for the Mexico project.
- We identified two STS locations in Tanjong Pelipas, Malaysia, and Lome, Togo.
- United Petro Group diversified its portfolio by investing in refineries, tank storage facilities, and floaters.
- We established two floating storage units with a minimum capacity of 100,000 metric tonnes for
gas oil and 160,000 metric tonnes for gasoline and gas oil.
- We aggressively entered the African market under the new entity, United Petro Africa Pte Ltd.
- We ordered two MR2 class vessels, two LR2 class vessels, and one SUZMEX vessel to serve the
African market.
- We expanded our supply base to European buyers for ULSD 10 ppm through Africa Pte Ltd.
22 Years of Pride
Streamline Business Processes and Commit to Delivering Results with Integrity
Our mission is to forge strategic partnerships and deliver world-class oil trading solutions that empower businesses to thrive and excel globally.
Our vision is to become a world-class oil trading company, establish our own refineries and storage facilities, own a fleet of oil tankers, and maintain a fully integrated value chain for sustainable growth and excellence in the energy sector
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