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Trading up in the world of oil
NW Corporation has expanded both geographically and in its scope of trading
Published Thu, Apr 27, 2023 · 05:50 AM
A CHANCE reunion of two childhood friends in 2016 sowed the seeds for an international business. Discovering that they shared a passion for trading, Borg Ang and Jason Tan decided to start a company together.
NW Corporation was thus incorporated, with Ang as chief executive officer and Tan as chief trading officer. From a modest start in proprietary trading of oil derivatives, it has since become a significant oil trading player.
Among its trading counterparts are oil majors such as BP, Shell and Chevron; national oil companies such as Thailand’s PTT and Saudi Aramco; and large independent traders.
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