About OXY

OXY is a leading player in oil space, with a vision to be an integrated multinational energy organization driving international growth with an excellent suite of development projects spread across different continents. We believe in embracing innovation and changing with the times but always staying true to our founding values.

OXY's Corporate Office is situated in United Arab Emirates (Hamriyah Free Zone, Sharjah) with global presence at several locations that inter alia includes India sub continent, South East Asia, Africa, Europe and South America. Today, OXY is running its operation through various strategic business units: Oil Trading & Bunkering, Oil Refining, Grease Manufacturing, Oil Storage Terminals, Bitumen Manufacturing and Shipping & Logistics. The Group's ongoing expansion plans includes setting up new refinery in Tanzania and will also be opening new trading offices in London, Lagos and Kuala Lumpur that will surely increase its global presence.


Who We Are

The business started in the early 90's, when brothers Ashok Goel and Sudhir Goyel began with trading of petrochemical products in Delhi and Gujarat in India. In 1998, after having established the business activities in India, they expanded the business activities in Sharjah, United Arab Emirates and named the company OXY.

Within a few years of the commissioning of a refinery, it has established itself into 6 Strategic Business Units; Oil Trading & Bunkering, Oil Refining, Grease Manufacturing, Oil Storage Terminals, Bitumen Manufacturing and Shipping & Logistics. All these units support each other and make OXY a well integrated business.

With a growing US$2 Billion business that generates net profits of US$50 million, OXY's ambition is to become an eminent player globally in oil space and with a vision to become a global oil conglomerate; the Group focuses in providing integrated solutions to its customers and creating unique value for its stakeholders. It continues to have more and more global synergies and OXY is optimistic about its continuous growth in top line and profits in the coming years.