Royal Caven Petroleum: Difference between revisions

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Royal Caven Petroleum, one of the largest oil and gas companies on [[Urth]] is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, transport, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy activities, including in biofuels, wind, solar, geothermal, hydroelectric, and hydrogen that is operated under Island Energy Group.
'''Royal Caven Petroleum''', one of the largest oil and gas companies on [[Urth]] is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, transport, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy activities, including in biofuels, wind, solar, geothermal, hydroelectric, and hydrogen that is operated under Island Energy Group.





Revision as of 01:15, 6 June 2024

This page (or section) is a work in progress by its author(s) and should not be considered final.
Royal Caven Petroleum
FormerlyJuoi Zumi Holdings
TypeLimited liable company
ROYL
Industry
  • Oil
  • Gas
  • Energy
Predecessor
  • Juoi Zumi Holdings (1860)
  • Kabuverdianu Corporation(1889)
FoundedKabuverdianu, Caven (August 6, 1907 (1907-08-06))
Headquarters
Kabuverdianu
,
Number of locations
1,285 convenience stores (2020)
Area served
Worldwide (excluding convenience stores)
Products
  • Petroleum
  • Natural Gas
  • LNG
  • Lubricants
  • Petrochemicals
  • Renewable energy
Brands
  • Juoi Zumi
  • King's Stop
  • Island Energy
  • ROYAL
  • Royoil
Revenue213 Billion
7 Billion
Owner
  • YPK Corporation (20%)Royal Caven Family (5%)
  • CapCoal Worldwide (3%)
Number of employees
110,000
Subsidiaries
  • Juoi Zumi Petrol
  • Royal C-Stores
  • Island Energy Group
Websiteroyal.fps, royal.ypk

Royal Caven Petroleum, one of the largest oil and gas companies on Urth is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, transport, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy activities, including in biofuels, wind, solar, geothermal, hydroelectric, and hydrogen that is operated under Island Energy Group.


In 2017, following the annexation of the Kohatu Isles by the Oan Isles in the aftermath of the Kohatu War, the Oan Petroleum Corporation (Oan Oil) entered into a joint venture for the exploration and exploitation of the natural gas and petroleum resources located in the Greater Gemica Natural Gas and Oil Reef which spanned the Territorial waters of the Kohatu Isles and East Gemica (Free Pax States) called Greater Gemica Oil and Gas Plc. The half of Greater Gemica Oil and Gas Plc owned by the Oan government through Oan Oil was transferred to the Kohatu Sovereign Wealth Fund in 2020, leaving Royal Caven Petroleum as the remaining shareholder. Royal Caven Petroleum was enlisted as a partner to develop the natural resources of the reef due to its experience, expertise and capital. Its share is through its contribution of the physical and human capital while Oan Oil paid through a financial capital injection.