Petraco Oil Group would like to inform you of elicited facts of frauds connected with illegal use of the Company’s name and name of its directors.

Fraudsters offer traders and individual entrepreneurs large shipments of crude oil and petroleum products. Fake commercial proposals and contracts were received by e-mails from different addresses illegally associated with the name of Petraco Oil Company (,

One of the conditions of signing fake contracts was demand of advanced payment for the goods; there were bank account numbers, including bank accounts owned by individuals.

Such commercial proposals were received by businessmen from countries from Europe, Asia, Middle East, Africa, USA etc.

With reference to the foregoing, Petraco Oil Group would like to advise that representatives of companies and individuals, entered into contacts allegedly on behalf of Petraco Oil Group, concerning shipment of crude oil and petroleum products have no such powers and rights and pursue fraudulent transactions. Correspondingly, neither Petraco Oil Group nor any of its affiliates will bear any liabilities concerning such proposals, contracts and any other obligations of such institutions or individuals .

In case of any doubts concerning the authority of potential counterparties please contact the official address of Petraco Oil Group -

In case of commitment of fraud, it is necessary to address to law enforcement authorities at the place of your registration or country of residence.