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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..

Our History

Start

1987

United Oil and Gas Group was founded by Ganapathi Dhiwaghar.

2004

United Petro Group was established by its founder, Dr. Ganapathi Dhiwaghar, as part of United Oil and Gas Group Inc.

2005

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.

2015

We expanded our buyer base in the SEA and MENA regions.

2018

We initiated petroleum and petrochemical complex projects in the Gulf of Mexico, Mexico, after conducting extensive studies.

2019

We finalized the EPC contractors and secured partial financial closure for the Mexico project.

2022

- 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.

2024

- 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

Our Promise

Streamline Business Processes and Commit to Delivering Results with Integrity

Mission

- Our mission is to forge strategic partnerships and deliver world-class oil trading solutions that empower businesses to thrive and excel globally.

Vision

- 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

Our Values

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CUSTOMER COMMITMENT

Our commitment to customers is to consistently deliver exceptional service, build lasting partnerships, and exceed expectations with reliability and integrity in every interaction

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QUALITY

We are dedicated to upholding the highest standards of quality, ensuring excellence in every product and service we provide, while continuously striving for improvement and innovation

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TEAMWORK

We believe in the power of teamwork, fostering collaboration, trust, and mutual respect to achieve shared goals and deliver outstanding results

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ENVIRONMENT

We are committed to protecting the environment by adopting sustainable practices, minimizing our ecological footprint, and promoting responsible resource management to ensure a healthier planet for future generations

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INTEGRITY

We uphold the highest standards of integrity by conducting our business with honesty, transparency, and accountability, ensuring that our actions align with our values and earn the trust of our stakeholders

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SAFETY

We prioritize safety in all aspects of our operations, fostering a culture of vigilance and responsibility to protect our employees, partners, and the communities we serve while ensuring a secure and healthy working environment

Group Chairman's Message

Founder & Group Chairman United Petro Group United Oil & Gas Group

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It is with great pride that I introduce United Petro Group (UPG), an independent, specialized company with a diverse portfolio in the oil and gas industry. Since our inception as a crude oil trading company in 1987, we have expanded significantly, adding multiple verticals to our business, including investments, petroleum products and crude oil trading, shipping, and contract refining. Our journey has been marked by a steadfast commitment to building a world-class organization with exceptional competencies, a goal we have successfully achieved as we continue to explore and expand into international markets.

The key to our success lies in our ability to identify and capitalize on both existing and emerging market opportunities. By staying attuned to global trends, we have consistently delivered value to our trade and investment partners. With a team of industry experts, we meet the world’s growing energy demand by providing reliable and efficient energy solutions globally. At UPG, we approach challenges comprehensively and confront them with innovation and determination.

In the current global business environment, United Petro Group is uniquely positioned for substantial growth. We are poised to make significant advancements, driven by our strategic advantages and a focus on innovative solutions for a sustainable future, including ongoing oil exploration projects in Buras, Louisiana, USA and Gulf of Mexico, Mexico.

Our commitment to long-term growth is reflected in our country-specific partnerships and our expansive energy network across the globe. We are generating strong, double-digit earnings growth from our ongoing operations, which is essential to enhancing shareholder value.

On behalf of the entire team at United Petro Group, I extend our sincere gratitude for your trust in our services. We look forward to continuing to serve you with excellence.

Best Regrads,

Dr. Ganpathi Dhiwaghar

Founder & Group Chairman

Our Global Management Team

Key Team Members