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Neste Oil Oyj

Neste Oil Oyj

Sector: Petroleum Refining Region: Finland


: | OTC Markets: NTOIY | OTC Markets: NTOIF | NASDAQ OMX Helsinki: NES1V


Similar to: Murphy Oil Corp.

Neste Oil Oyj is a refining and marketing company, which produces petroleum products and supplies renewable diesel. It operates its business through the four business segments: Oil Products, Renewable Fuels, Oil Retail and Others. The Oil Products segment markets and sells gasoline, diesel fuel, light and heavy fuel oil, aviation fuel, base oils and liquefied petroleum gas to domestic and international wholesale markets. The Renewable Fuels segment markets and sells NExBTL renewable diesel based on Neste Oil's proprietary technology to domestic and international wholesale markets. The Oil Retail segment markets and sells petroleum products and associated services directly to end-users, of which the most important are private motorists, industry, transport companies, farmers, and heating oil customers. The Others segment consists of its administration, shared service functions, research & technology, Neste Jacobs and Nynas AB. The company also operates shipping business. Neste Oil was founded on January 9, 1948 and is headquartered in Espoo, Finland.

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