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Puma Energy sells fuel and petroleum products to retail and commercial customers through fuel stations and storage terminals, mainly across Africa.
Puma Energy is a fuel company that runs petrol stations and sells petroleum products — petrol, diesel, and related fuels — to everyday drivers and to big commercial customers. It also owns and operates the storage terminals and tanks that hold fuel before it reaches the pump. Most of its business sits in Africa, where it serves retail customers at its stations and supplies businesses, mining operations, and other bulk buyers.
The business has two connected halves. The retail side is the familiar one: stations where drivers fill up and pick up convenience items. The commercial side is bigger and less visible — selling fuel in bulk to companies, mines, and distributors, and using its storage terminals to move and hold product. Owning the terminals matters because fuel is only useful if it can be stored and moved reliably; that infrastructure is what lets Puma serve customers across many countries instead of just one city. Puma Energy is headquartered in Singapore, though Singapore is mostly a management and trading base — the actual stations, tanks, and customers are spread across Africa and other markets. The company is privately held, so its shares don't trade on an exchange and there's no ticker to look up.
Fuel retail and distribution is a tough, low-margin game. Profits depend on volume, logistics, and keeping storage and transport costs tight, and the company is exposed to global oil prices and to the economies and currencies of the countries where it operates. That mix of steady fuel demand and thin margins is the core of what Puma Energy does.
Saved answer · last researched 15 Nov 2026