Tamoil is the trading name of the Oilinvest Group, a fuel energy provider within the European downstream oil and gas sector.
The headquarters of Oilinvest (Netherlands) B.V. is located in the World Trade Center The Hague, from where it oversees all its investments in the European oil downstream markets.
The ‘Tamoil’ brand name was born following the acquisition of a refinery and Amoco and Texaco retail network in Italy.
During the 1990s Oilinvest expanded its Tamoil brand rapidly by increasing its position in Italy and entering markets in Switzerland (1990), Germany (1991), Spain (1992) and the Netherlands (1993) before moving into Egypt in 1993.
Oilinvest formally severed its link to the Muammar Gaddafi government of Libya in 2011 by moving most of its stock from the Libyan government to a Dutch stichting (foundation), which allowed the company to continue operation despite EU sanctions on Libya.