We're building a super chaebol in Hong Kong

"How is the company's current operation?" Su Cheng picked up his teacup, took a sip, and asked after putting it down.

"Boss, the company is currently operating smoothly. After acquiring several oil refining enterprises, our strength has greatly increased. Now we are the NO.1 local oil enterprise. Although we can't compare with the top international oil companies, we can be considered to have entered the second tier.

On the Brunei oilfield side, it has now entered a stable extraction stage. The extracted crude oil, with the assistance of our logistics oil tankers, will be transported to the various oil refining companies we acquired to refine the crude oil into finished products. According to the international oil price, the oil from Brunei is all handled by us, and finally settled to them in the form of cash. Therefore, they currently hold a relatively kind attitude towards us, and the cooperation between us is still relatively friendly.

Due to the mutual cooperation and joint development with Hutchison Oil Company, the oil we refine is basically not worried about selling, and there is no pressure of unsold goods, so our profits are very large. Since these experts say that oil prices may continue to fall in the future, and even return to the oil price of 12 or 13 US dollars per liter last year, we must seize this opportunity and try to earn more before the oil price drops sharply, and accumulate our strength, so that we can face it calmly when the oil price falls in the future.

Currently, the biggest problem facing the company is that after the crude oil on your side, boss, is sold out, the crude oil supply from the Brunei oilfield is gradually unable to keep up with the oil refining speed of our oil refineries. Therefore, the petrochemical enterprises we acquired have not truly reached the point of full production. I regret selling your crude oil, boss, but if we don't sell it, we are afraid that the oil price will suddenly plummet."

Li Yihui roughly reported to Su Cheng on the recent situation of Tianwen Petroleum Company, as well as the problems currently encountered. At the end, he smiled wryly.

"Oil prices should not plummet in the short term, at least they will remain stable above twenty or thirty US dollars per liter. As for the problem of crude oil shortage, I have no solution for the time being in the short term. To be honest, our acquisition of the Brunei oilfield was purely an accident. If it weren't for the establishment of an oil base in Hong Kong, Mr. MacLehose might not have mentioned it. Now, the discovered oilfields are basically owned by others. Although we have also established a crude oil exploration department, crude oil is not easy to find now, and we don't have the background of Western oil companies. Even if we find it, we may not be able to acquire it," Su Cheng thought for a while and said.

Top world oil companies such as British BP Oil Company, US ExxonMobil Oil Company, and Shell all have political backgrounds. With the strength of the United States and Britain, after detecting oilfields overseas, they buy these places at a very small price, and those small countries dare not have any objections.

However, Tianwen Petroleum Company cannot. He doesn't have a strong backing. Even if he has the support of the Hong Kong Government House, that's bullshit. People won't even bother with you.

"Yes, now is a good opportunity to develop Tianwen Petroleum Company, but unfortunately we don't have the strength. In the future, our development policy should be like that of Singapore, refining crude oil into finished products and earning the intermediate price difference. As for oilfields, it is impossible for us to engage in too many oilfields ourselves like the world's top seven oil companies. After all, we don't have a big backer. Although you, boss, have become the world's richest man in name and in fact, the companies behind them are backed by a country," Li Yihui said helplessly.

This is reality.

He was previously the Asian president of British BP Oil Company. He is naturally very clear about why British BP Company was able to develop into a world-class oil company. The root cause is because it is backed by the powerful country of Britain. In those small countries, who dares not to give Britain face?

"It's okay, if we develop well in the finished product development sector, we can still become a world-class oil company," Su Cheng said indifferently.

All roads lead to Rome, and it is not only by robbing oilfields in those small countries that we can develop into a world-class oilfield.

In Su Cheng's view, the current world's top oil companies are nothing more than robbers, relying on the support of big countries to bully small countries.

However, these world's top oil companies will not be arrogant for long, because Su Cheng knows that oil-producing countries will soon boycott these top oil companies.

"By the way, boss, I have something to report to you. According to hearsay I got from a friend, the world's major top oil companies may suffer great losses," Li Yihui said suddenly.

Because it was hearsay and not yet confirmed, Li Yihui was still considering whether to tell Su Cheng. However, since they were talking about the top oil companies, Li Yihui felt that it was necessary to tell Su Cheng about this matter.

Although this is hearsay, and it is not known whether the source of the news is accurate, Li Yihui believes that, based on his many years of experience in the oil industry, there is a high probability that this matter will become a reality.

In that case, telling the boss about it may give Tianwen Petroleum Company a better direction for future development.

"Are you saying that Persia is preparing to take back the mining rights of major oilfields?" Su Cheng asked with a smile.

When Li Yihui talked about the current situation in Persia, Su Cheng thought of this problem. Previously, Su Cheng had learned about this information from Xiao Ai. Although it was not very detailed, he probably knew that this was going to happen, and knew why oil prices did not fall in the later period. It was precisely because of this that he told Li Yihui that international oil prices could not plummet in the short term.

"Huh? Boss, how do you know? If I hadn't been in the oil industry for many years and had a lot of connections, I wouldn't have known about this. I heard that the Persian interim government has issued a notice to major top oil companies, stating that all oilfields in Persia will be nationalized. Currently, this news is still confidential and should not be made public for the time being. When I first heard it, I thought it was fake news," Li Yihui said in surprise.

He had previously thought that the boss didn't know about it. He had channels to understand this kind of hearsay, but the boss was not in this industry, so he shouldn't know about it.

But he didn't expect that the boss was obviously very clear about this matter.

"During the Persian civil war, I thought of this problem. The reason why the former dynasty of Persia was overthrown seems to be because the former king of Persia betrayed the country for personal gain. He was a complete pro-American faction, giving the domestic interests to the powerful European and American countries. It was precisely because of this that he was opposed by many people in the country. Now that this king has been overthrown in the country, the new government will naturally tear up all the unequal treaties signed before after completely taking over Persia!" Su Cheng explained with a smile.

"Boss, no wonder you are the only one in the world who can hoard a large amount of oil in advance. With such a long-term vision, you deserve to make a lot of money!" Li Yihui said with emotion.

(End of this chapter)