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Aerial view of an oil tanker moored at a loading berth
About SELECT

40 years of
energy trading.

SELECT was founded in Hamburg in 1985. Today we can proudly show a track record of 40 years of experience and solid reputation in the international oil and energy markets. SELECT is an independent, privately held group of energy trading companies based in Hamburg, working through offices, subsidiaries, participations and partnerships in various countries.

  • 40Years of history
  • 100+Colleagues
  • 20+Nationalities
  • 6Offices worldwide
Our Companies

A network of specialised
energy businesses.

  • NB Propangas Service GmbH

    1992

    Founded in 1992 as an independent LPG distribution company with own storage facilities and LPG trucks. Primarily active in the distribution of LPG for heating systems of households and SMEs in remote areas in Northeastern Germany, and distributing 5-10 ltr propane bottles to around 50 collection points in the region.

    Neubrandenburg, Germany

  • Select Energy AG

    1997

    Independent energy trading company with its registered office in Zug. Established in March 1997 as Central Energy AG and under the same ownership as SELECT ever since. Active in crude oil and petroleum products trading in CIS countries, with long-standing relationships with major oil companies and smaller trading houses.

    Zug, Switzerland

  • Select Energy Sp. z o.o.

    2001

    100 % subsidiary of S.E.T. Select Energy GmbH, active in the Polish energy market since 2001. With an experienced local team and relevant trade and import licences, the company imports oil products from Europe, Scandinavia and Germany and distributes them to wholesalers and retail stations across Poland.

    Szczecin, Poland

  • Blue Gas GmbH

    2007

    Medium-sized LPG distribution company based in Hamburg, founded in 2007. Supplies its Germany-wide network of own and third-party stations with LPG for sale to end customers, and is active in trading and wholesaling of LPG. Since 2020, Blue Gas develops adjacent business models around LNG, power and biogas in the German energy market.

    Hamburg, Germany

  • Select New Energies GmbH

    2023

    Hamburg-based platform for the energy transition. Co-developer and offtake partner in international Power-to-X initiatives across Europe, Africa, India and South America - from green hydrogen and ammonia to e-fuels and electrification. Combines SELECT's trading, logistics, risk management and trade-finance expertise with project-developer roles for power-to-X, circular economy, biofuels and smart electrification.

    Hamburg, Germany

  • Select Aviation GmbH

    2026

    German aviation fuel company headquartered in Hamburg. Established to support reliable, resilient and professionally structured aviation fuel supply for German and European airports - combining supply and commercial management with disciplined execution and long-term partnerships. Commenced operational activities on 01 January 2026, embedded in structured European trade-finance frameworks.

    Hamburg, Germany

Our history

From a Hamburg trading floor
to global markets.

  1. 1985

    Foundation

    S.E.T. Select Energy GmbH is founded in Hamburg by Thure von Wahl and Christian von Ziegner as an oil trading company.

  2. 1990

    First expansion

    Expansion into early-days pre-export financing facilities with various CIS countries and investments into downstream activities in Germany (NB Propangas Service GmbH).

  3. 2000

    Going international

    Extensive business with CIS countries. Incorporation of Select Energy AG (Zug) and Select Energy Poland. Establishment of an own shipping company, investments in gasoline stations and oil terminals.

  4. 2010

    Africa and Asia

    Selected expansions into Asia and Africa and development of business relationships across South-East Europe.

  5. Since2020

    New generation, new energies

    Reorganisation and consolidation of SELECT group companies, implementation of management succession to the next generation, and setting the foundation for the next decades in the global energy market.