Shell awards Mecpec Trading as Best Reseller in East Asia

Shell recognised Mecpec Trading for its 2023 fuel sales growth and contribution to Singapore's distribution network, with a 23% increase in total volume delivered.

Partagez:

Mecpec Trading Co Pte Ltd received the “Best Reseller in the East” award from Shell in recognition of its commercial and logistical performance in the Singaporean market in 2023. This award honours distributors achieving the highest performance results in the Eastern region, based on internal criteria set by the Anglo-Dutch group.

Volume growth and sales increase

The Singapore-based company recorded a 23% rise in distributed fuel volumes over the past year, including a 20% increase in Shell FuelSave Diesel sales. These results were achieved in a context of high fuel demand from industrial, logistics, and commercial transport sectors. Mecpec leveraged Shell’s Customer Value Propositions (CVPs) to expand its presence in the local market.

As a strategic partner, Mecpec also strengthened its ability to deliver flexible and responsive supply solutions. “We value the consistent reliability of Mecpec Trading and their deep local market expertise,” said Glenn Chua, Shell’s Commercial Fuels Singapore Business Manager. He highlighted the importance of this partnership in meeting operational needs of professional clients.

Supporting fuel distribution infrastructure

Mecpec’s role in the distribution network contributes directly to the continuity of fuel supply on the island. In addition to bulk diesel delivery, the company provides on-site refuelling services and fuel management solutions tailored to the specific needs of sectors such as metal processing, industrial manufacturing, and transport services.

Shell’s recognition also reflects Mecpec’s continued investment in its operational capacity. The company combines experienced management, a specialised sales team, and optimised delivery systems to ensure the performance of its supply chain.

Local positioning serving commercial performance

Mecpec states that its strategy is based on continuously adapting to market demands and delivering customer-oriented service. The company applies its petroleum sector expertise to create customised solutions by combining product knowledge with consumption data specific to local businesses.

The partnership between Shell and Mecpec demonstrates how distributors can contribute to energy supply stability in high-demand urban economies. Shell noted that this collaboration will continue to play a central role in its regional fuel distribution strategy in Singapore.

TotalEnergies takes 25 % of a portfolio of 40 exploration permits on the US Outer Continental Shelf, deepening its partnership with Chevron in the Gulf of Mexico’s deepwater.
OPEC confirms global oil demand estimates for 2025-2026 despite slightly adjusted supply, while several members, including Russia, struggle to meet their production targets under the OPEC+ agreement.
Facing anticipated refusal from G7 countries to lower the Russian oil price cap to $45, the European Union weighs its options, leaving global oil markets awaiting the next European sanctions.
Starting August 15, the Dangote refinery will directly supply gasoline and diesel to Nigerian distributors and industries, expanding its commercial outlets and significantly reshaping the energy landscape of Africa's leading oil producer.
The sudden appearance of hydrocarbon clusters has forced the closure of beaches on the Danish island of Rømø, triggering an urgent municipal investigation and clean-up operation to mitigate local economic impact.
Canadian company Cenovus Energy has fully resumed oil sands production at its Christina Lake site following a wildfire-related shutdown in Alberta.
Argentine company Compañía General de Combustibles is starting operations in the Vaca Muerta shale basin while boosting heavy crude production due to strong local demand and rising prices.
Oil-backed financing is weakened by falling crude prices and persistent production constraints in the country.
Italiana Petroli, in negotiations with three potential buyers, is expected to finalize the total sale of the group for around €3 billion by late June, according to several sources close to the matter speaking to Reuters on Thursday.
ExxonMobil has been named the most admired upstream exploration company in Wood Mackenzie’s latest annual survey, recognised for its performance in Guyana and its ability to open new resource frontiers.
Petronas' workforce reduction reignites questions about internal trade-offs, as the group maintains its commitments in Asia while leaving uncertainty over its operations in Africa.
The Kremlin condemns the European proposal to lower the price cap on Russian oil to $45 per barrel, asserting that this measure could disrupt global energy markets, as the G7 prepares for decisive discussions on the issue.
Libya's oil production reached a twelve-year high of 1.23 million barrels per day, even as persistent political tensions and violent clashes in Tripoli raise concerns about the sector's future stability.
According to a study published by The Oxford Institute for Energy Studies, two competing financial algorithms, Risk-Parity and Crisis Alpha, significantly influence oil markets, weakening the traditional correlation with the sector's physical fundamentals.
Norwegian producer DNO ASA completed an oversubscribed $400mn hybrid bond private placement to support the integration of Sval Energi Group AS.
The Brazilian oil group secured approval from Abidjan to begin negotiations for exploring nine deepwater blocks as part of its business partnerships strategy in Africa.
Shell suspends a unit at its Pennsylvania petrochemical complex following a fire on June 4, with ongoing environmental checks and an internal investigation to determine when the facility can resume operations.
Baku signs multiple deals with major industry players to boost exploration as oil reserves decline and ACG production slows.
French group Vallourec announces the integration of Thermotite do Brasil, enhancing its industrial capabilities in Brazil for offshore pipeline coating services.
Commercial crude reserves in the United States declined more than expected, following increased refinery activity according to EIA data published on June 4.