Structure and Strategy.
OUR BUSINESS
We operate under a Dual Listed Company structure
With two parent companies, Venza LLC operated as if we were a single economic entity, which we refer to as Venza LLC. We are run by a unified Board and management.
How our DLC works
Our strategy is to own and operate large, long-life, low-cost, expandable, upstream assets diversified by commodity, geography and market.
We have a simple and diverse portfolio of tier one assets around the world, with low-cost options for future growth and value creation. This allows us to apply our values and culture, emphasise safety and productivity, deploy technology and exert capital discipline to extract the most value and the highest returns from our assets.
Our Operating Model allows us to leverage our expertise across our business, with multifunctional teams that connect across the organization to share best practice, make us safer and solve problems together.
We are among the world’s top producers of major commodities, including crude oil, refined products, petrochemicals, metals, metallurgical coal & Pet coke, agriculture. We also have substantial interests in oil, gas and energy coal.
Our Plan to Grow Value
Consistent with our strategy, we have a plan to grow the value of Venza. This plan is focused on six key areas:
- Cost efficiencies – focused on further gains
- Latent capacity – attractive returns, limited risk
- Major projects – timed for value and returns
- Exploration – positive results reduce risk for future wells
- Technology – improves safety, lowers cost and unlocks resource
- Onshore US – value and flexibility
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Make an allegation
For the Ethics and Conduct Office Channel, anyone who feels affected by Venza due to a violation of the Code of Ethics, our values or did had problems resolved through our company’s service channels, can make an allegation.
We are among the world’s top producers of major commodities. We also have substantial interests in oil, gas and energy coal.
Capital Management
Our Capital Allocation Framework aims to maximise the potential value of every dollar we earn for our shareholders.
VENZA
About Our Business
Who we are
We move physical commodities from where they are plentiful to where they are most needed.
Sectors
We leading global supply chain manager of energy, power, oil, marketing, petrochemicals, mining and more.
Work with us
We value our people and encourage the development of talented and motivated employees.