BB Energy adapts to change
The trader is evolving its business model and seeing opportunities in the market’s challenges
Family-owned independent trading house BB Energy is one of the firms grappling with the changing oil trading environment and the squeeze on the middlemen as both traditional buyers and sellers grow in sophistication. But the company is not fazed by the tougher conditions, says its managing director in the Middle East, Khaled Bassatne. It is altering its business model for a changing market, and banking strongly on the strength of its relationships. The firm has expanded from its Lebanese roots to offices in London and Athens, then into Singapore, the US and the Middle East, which is now "core" to the business. It has as many as 14 offices globally, as well as satellite operations in smaller
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
