EE Impact

Fossil Trading

UAE · Energy, Oil & Gas

LeaveRussia detail: Continue Operations

Still operating in Russia

Fossil Trading FZCO, Dubai. Fossil Trading trade in Fuel Oil, Gasoil, Gasoline, and Base Oil. We also trade in types of glycols.

Status last verified 03/08/2026Source checked 15/11/2023Company website ↗LeaveRussia profile ↗

Business in Russia

Russian fuel oil from Rosneft, after being loaded onto a tanker in the Black Sea, is bought by Fossil Trading from the UAE. Subsequently, the right to fuel oil passed to Turkish companies, and the goods were unloaded at the Dortyol terminal on the Mediterranean coast. And from there to Greece.

Decision trail

Decision date 14/10/2023 · Reference ↗

Fossil Trading has a direct connection with "Rosneft," particularly through its ownership of Energopole SA, which was established in 2020 after Rosneft Trading came under sanctions due to trading Venezuelan oil.

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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