Established 1987
Our Story
From a single exploration licence to a global energy powerhouse — nearly four decades of energy excellence.
From a single exploration licence to a global energy powerhouse — nearly four decades of energy excellence.
Q2BX was founded in 1987 with a bold vision: to build a truly global energy company that could compete with the world's established majors while maintaining the agility and innovation of a challenger brand.
Today, we operate across the full energy value chain — from upstream exploration and production, through midstream logistics and pipeline infrastructure, to downstream refining, petrochemicals, and global commodity trading.
Headquartered in London with regional headquarters in São Paulo, Houston, Dubai, and Singapore, we serve customers, communities, and shareholders across more than 50 countries.
Investing in cutting-edge technologies to unlock energy resources sustainably.
Strategic operations across six continents with deep local expertise.
Industry-leading HSSE standards with zero-incident mindset across all operations.
Transparent governance and ethical business conduct in every market we serve.
Nearly four decades of strategic growth, bold exploration, and relentless pursuit of energy excellence.
Q2BX is established with a single exploration licence in the North Sea, backed by a group of visionary energy entrepreneurs.
Discovery of the Vega deep-water field in the North Sea, establishing Q2BX as a serious exploration player.
Acquisition of major assets in Brazil and Colombia, creating the company's strongest regional hub outside Europe.
Q2BX lists on the New York Stock Exchange, joining the world's most prestigious capital market.
Establishment of the global commodities trading desk, rapidly growing to handle 4M+ barrels per day.
Launch of "Energy Forward" sustainability programme, pledging net-zero Scope 1 & 2 emissions by 2040.
Q2BX expands operations to over 50 countries with entry into new Asian and African markets.
Guided by seasoned leaders with deep experience across energy, finance, and global operations.
We are dedicated to responsible energy production, transparent governance, and positive social impact across every community we operate in.
Net-zero Scope 1 & 2 by 2040. Zero routine flaring. Biodiversity protection programmes across all operating basins. $2.1B invested in carbon capture since 2020.
32,000+ employees across 50+ countries. Industry-leading safety record. Community investment programmes supporting education, health, and local enterprise.
Independent board with 60% non-executive directors. Full compliance with UK Corporate Governance Code. Transparent reporting aligned with TCFD and GRI frameworks.