Saudi-based global bunkering company Eleven Energy launched
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by Admin
His Royal Highness, Prince Abdulaziz Al Saud bin Turki, on Friday (20 June) announced the launch of Eleven Energy, a key division of Eleven Ventures, created to drive forward Saudi Arabia’s ambitions in the global energy sector.
“As a member of Saudi Arabia’s royal family, HRH Prince Abdulaziz brings strategic vision, deep national commitment, and a strong passion for expanding the Kingdom’s influence in international markets,” the company said.
“Under his leadership, Eleven Ventures is developing a diverse and forward-thinking portfolio, with Eleven Energy leading its marine fuels and bunker trading initiatives.”
Chris Todd has joined the company as Head of Global Trading, who has worked within leading companies in the marine fuels industry such as World Fuel Services and Chemoil for over two decades. Todd brings extensive experience in setting up and running not only global trading operations but also large-scale physical supply operations across key international markets.
“All transactions and partnerships are conducted with Eleven Ventures as the primary counterparty, offering clients the security and confidence of working directly with a trusted and well-capitalised entity,” the company added.
Photo credit: Eleven Energy
Published: 23 June, 2025
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