OilExchange is a data gathering and advanced analytics solution.
It provides efficient transparency for governments and large producers on their complex physical oil value chains: from production and environmental impact to storage and trade.
Sell crude oil on OilEx in an open and fair marketplace to existing and new buyers. Market your product faster, discover better prices and vastly reduce manual transaction overhead.
Reduce overhead costs and errors in mandatory regulatory reporting. Protect privacy of production data. Use collected information to track production performance and take strategic decisions.
Gain access to aggregated real-time market intelligence for strategic buying decisions. Feed production data into prediction and pricing models. Ensure product provenance and supply chain history.
Better and more efficient transparency of sovereign oil production directly impacts economic outcomes.
Strengthen strategic planning, management, control and collection capacities of tax and customs agencies.
Support intra-government collaboration to improve taxation compliance and enforcement.
Better control and monitor tax and customs exemptions and tax arrears.
Improve tax forecasting accuracy to enhance public investment performance, boosting growth and development.
Fortify internal audit controls and ensure transparency of fiscal reporting.
Simplify trading and taxation procedures to promote economic efficiency and attract more trade and foreign direct investment.
Achieve immediate impact on governance and infrastructure improvement initiatives.
Help meet the needs for increased social spending and sustainable development.
Provide reliable data and proof of progress on international development goals and environmental protection commitments.