As 2025 comes to a close, we look back on a year of progress. We focused on the less visible but essential work, adding strength to our team, defining our principles, and building our product portfolio and reach. These steps have prepared us for the journey ahead.
Strengthening Our Foundation for the Future
Our journey begins with our people. This year, we were privileged to welcome Asif Khan as our new Chief Financial Officer and further bolstered our leadership with key senior appointments, including a Director of Finance and Trading. These strategic additions bring invaluable expertise as we navigate complex markets and strengthen our financial stewardship. They are integral to our next chapter of growth.
Our commitment extends beyond our walls. During the holy month of Ramadan, our team partnered with The Giving Family to distribute thousands of meals to Dubai's labor community. This act of service was a humble reminder that our work is fundamentally about people—their dignity, their communities, and the shared energy that connects us all.
Anchoring Our Commitments: Introducing Our ESG Framework
We operate at the intersection of global energy demand and the urgent need for a responsible transition. This year, we moved from intention to action by launching our inaugural ESG Report and a formal, three-pillar framework. This framework guides our path forward:
- Environmental: Regenerative Operations – Focusing on decarbonizing our logistics and investing in ecosystem stewardship.
- Social: Empowered Communities – Building the future workforce through local programs.
- Governance: Ethical Markets – Strengthening our foundation with transparent controls and rigorous oversight of our partnerships.
This is our blueprint for creating tangible, long-term value.
Expanding Our Global Footprint and Engagement
Strategically, we continued to build bridges between key energy markets. We were pleased to expand our Kuala Lumpur operations through Renovo Energy, deepening our access to ASEAN's dynamic markets and enhancing our capabilities in middle distillates and fuel oil trading. Engaging with the global energy community remains vital, and we were active participants in major forums like ADIPEC and IP Week, learning from peers and sharing insights on the evolving landscape.
Navigating the Market with Agility and Insight
The past year has reinforced that commodity trading requires a fundamental rethink. We observe a market where:
- Geopolitical nuance is as critical as market fundamentals.
- Trade finance has evolved from an enabler to a strategic variable, demanding innovative solutions.
- Technology serves best as a force multiplier for human expertise, not a replacement.
In this complex environment, we remain focused on the human edge, balancing data with seasoned judgment, building resilient networks, and specializing where deep knowledge creates value. The path ahead demands not prediction, but principled adaptability.
Forward, with Resolve
As we look to 2026, we do so with clarity and humility. Our strategy is centered on responsible growth, operational excellence, and a steadfast commitment to the principles embedded in our new ESG framework.
We are grateful to our dedicated team, trusted partners, and supportive stakeholders. Together, we will continue to navigate the energy transition with integrity, purpose, and a focus on powering progress where it is needed most.
Onward,
The Team at Vici Energy