Oil & Gas
Our involvement and interest in the oil and gas sector covers a global industry involved in the exploration, production, transportation, refining, and distribution of petroleum derived oil and natural gas and biofuels, which are critical for energy & power production, transportation, and manufacturing. Our operations are divided into three main segments: Upstream (exploration and extraction), Midstream (transportation and storage), and Downstream (refining and marketing). This sector is a major part of the global economy but faces significant climate-related transition risks.
PetroUSA
PetroUSA, Inc. is a public company [ticker: PBAJ] that has recently acquired the global physical fuel exchange, TradEx Fuel Exchange [www.tradexfuel.trade] and its trading brand, FuelBank™. DMH has an equity stake in PBAJ.
TradEx Fuel Exchange
TradEx is owned by PBAJ and is a global resource of physical fuel to customers with discounted refined fuels - such as airlines, shipping companies, fleet operators, vehicle manufacturers, power companies and gas station chain operations.
BlackWell Oil Ventures
BlackWell Oil Ventures, Inc. is an international O&G company committed to Exploration, Offshore and Onshore interests. BlackWell is focused on acquiring, exploring and developing large acreage positions of unconventional oil and gas resources.