Oil & Gas
Empowering Energy Solutions
Welcome to Magma Oil Trading, a leading oil marketing company operating in Dubai. As a subsidiary of the esteemed Magma Group, we uphold a strong reputation for integrity, quality, and operational excellence in the petroleum industry.
At Magma Oil Trading, our core business revolves around the trading and logistics of crude oil, as well as a diverse range of refined petroleum products. With our extensive marketing system, we ensure seamless distribution and sales of these energy resources in the Dubai market.
Direct partnerships with IOCs
Leveraging the expertise and resources of International Oil Companies to enhance operations and ensure a steady supply of high-quality energy resources.
Collaboration with MFOs
Partnering with Major Fuel Oil Suppliers to offer a diverse range of refined petroleum products that meet the specific needs of clients.
Collaboration with DPR
Working with the Department of Petroleum Resources to ensure compliance with regulations, safety standards, and environmental stewardship.
Core Values
The following core values guide our actions, shape our corporate culture, and define our commitment to achieving excellence in all aspects of our business at Magma Middle East Oil & Gas Trading.
- Integrity
- Excellence
- Innovation
- Collaboration
- Customer – Centricity
Corporate Governance
Magma Oil Trading LLC is dedicated to upholding exemplary standards of corporate governance and maintaining strong investor relations. We are committed to operating in accordance with the best industry practices and ensuring that our policies and practices align with a robust corporate governance framework, which establishes prudent and effective controls. By doing so, we strive to foster trustworthy relationships with our partners and shareholders, facilitating further growth and success. ... Our Board of Directors and management team at Magma Oil Trading LLC are fully committed to upholding the highest standards of professional conduct. We continuously assess and refine our management structure and control systems to ensure their appropriateness and satisfactory performance. The Board of Directors plays a crucial role in overseeing the effective day-to-day management of Magma and implementing the group's strategic direction across all operations. Furthermore, it remains accountable to our shareholders for ensuring good corporate governance practices.
Health, Safety & Environment Policy
At Magma Middle East Oil & Gas Trading, safety is our utmost priority. We maintain a zero-tolerance approach towards accidents, adhering to the industry's best safety practices to safeguard our core staff and contract personnel. ... Our stringent safety policies and established procedures ensure the protection of lives, properties, and the environment in which we operate. We are fully committed to meeting or surpassing all local and international safety requirements and standards set by regulatory agencies such as the Department of Petroleum Resources (DPR) and the Federal Ministry of Environment (FME), among others. With a robust HSE (Health, Safety, and Environment) policy in place, our well-trained employees contribute to our exceptional safety track record, demonstrating genuine care for each individual. Our proactive HSE team constantly reviews our operations, meticulously documenting the health and safety implications while implementing appropriate measures to address potential issues. We prioritize the safety of our people, aiming to prevent work-related injuries and illnesses. Through comprehensive training programs, we ensure our employees are equipped with the competence to carry out their work safely and effectively. At Magma Middle East Oil & Gas Trading, we are committed to minimizing risks to human health and the environment by implementing effective controls on pollution, waste management, and emissions. We actively engage and consult with our employees, seeking their input on day-to-day health and safety conditions. Additionally, we provide guidance, supervision, and maintain safe and healthy working conditions. Our dedication extends to the proper maintenance of plant, equipment, machinery, and the safe storage and use of substances.
Investing in communities for Sustainable Future
Magma Middle East Oil & Trading is deeply committed to maximizing local content in alignment with the Federal Government ...to enhance local exploration and production in the oil and gas sector. We firmly believe in the importance of local content adherence in the communities where we operate, fostering a more sustainable business environment for all stakeholders. Our unwavering dedication to creating value and achieving positive outcomes for our host communities is reflected in Magma's comprehensive local content policy. This policy encompasses a strategic focus on prioritizing and maximizing the utilization of local labor, representatives, talents, goods, services, and equipment across every facet of our downstream supply chain. Together, we are dedicated to empowering local communities, maximizing local content, and creating a thriving business environment that benefits everyone involved.
Empowering Local Communities
At Magma Middle East Oil & Gas, we prioritize corporate social responsibility (CSR) as a fundamental aspect of our operations. As a socially responsible organization, we are dedicated to sustaining our prominent position in CSR by giving back to the communities where we operate.
Our CSR activities revolve around ensuring that we contribute to the well-being and development of our host communities and society as a whole. We actively engage in various social investment projects, focusing our core funding areas on education, health, and community development.
