Moving Energy Forward

Case Studies

ChatGPT Glossary

The glossary on Centalion’s website is driven by artificial intelligence (AI) and serves as an experiment for testing and introducing new ideas and technologies into our work. We understand that for general audiences commodities trading can be at time difficult to understand—often because of its sometimes esoteric and unusual terminology, which is drawn from finance, […]

Sustainability Fundamentals

Commodity Sustainability Fundamentals ESG is a 2-day education program from the Swiss Commodity Trading Association that encompasses all aspects of sustainability (Environment, Social and Governance – ESG) and has been designed for the whole commodity industry (Oil & Gas, Metals & Minerals and Agricultural/Soft). Background The association, known locally as SUISSENÉGOCE, idenitfied a gap in […]

The Evolution of Compliance Training

From September to the end of each year, Centalion’s Compliance team undertakes its annual mandatory employee training and review for all relevant employees. More than 800 individuals participated in the courses in 2021, representing 100% of those who require such training.  While each year, the rhythm of this exercise is the same—four months of updates […]

Supply Chain Management at GPR

By Turnaround Contracting Coordinator in GPR The Netherlands is a highly regulated country where Human Rights infringements are not likely to occur. However, we are always cautious when prequalifying new contractors and vendors, especially from countries other than The Netherlands. For contractors (both domestic and foreign), we always use a prequalification form. We assess the […]

Preparing Remediation after Refinery Shutdown

Centalion ceased refining operations in Antwerp amid the COVID-19 crisis and continued to operate the Antwerp site as a tank storage location. The site was fully shutdown on 31 December 2022 to be prepared for its next life. An important element of the preparation is soil and groundwater remediation. When we purchased the refining assets […]

Compliance with Sanctions

Ensuring adherence to sanction requirements is a crucial pillar of our company’s broader compliance culture. As a significant participant in the global commodities markets, Centalion takes its sanctions obligations responsibly. Modern sanction restrictive measures are varied in scope and applicability. They are commonly designed to support foreign policy and national security objectives of the implementing […]

Preparation of a Turn Around (TA)

A Turn Around (TA) is a crucial part of the life of a refinery, as the whole plant is shut down and major improvements are installed, setting up the asset for more efficient activities for the next six years. From a Health, Safety, Environment, Human Rights & Communities (HSEC) point of view, it presents many […]

Working with Academia on Data-driven Communication

A joint research project between Centalion, Equintel GmbH, and the Institute of Financial Services Zug IFZ of the University of Applied Sciences and Arts Lucerne ABOUT EQUINTEL Founded in 2020 in Berlin, Equintel uses Big Data and AI to provide Environmental, Social & Governance (ESG) assessments. The primary goal is to achieve transparency and objectivity […]

LNG Carbon Accounting

As part of Centalion’s commitment to understanding and addressing the carbon impact and environmental risks associated with its physical trading activities, the company has been working with CarbonChain to calculate the GHG (greenhouse gas) emissions for its entire LNG (liquefied natural gas) trade portfolio for 2020 and 2021. It was critical for this data to […]