Pegasus Energy Group is an energy trading and management company. The management structure was established in 2007 to develop and manage emerging businesses for the Frisol Group, which became NSG in 2009 and Argos in 2012 after successive mergers, focusing on two main market segments: bunkering and cargo trading.
- The cargo trading activity quickly gained momentum in the Middle East and Asia, where our expertise led the way.
- In bunkering, the company established itself as a reputable and reliable physical bunker supplier in France, North Africa, and later in Panama.
Both cargo trading and bunkering significantly increased, providing steady returns until early 2014. That year, Argos Group decided on a strategic shift, redirecting resources to focus on core activities in the BENELUX, in preparation for the merger with Varo.
Upon these developments, the local management team saw an opportunity to expand and develop the company&s core historical business. The original team remained active, with new members joining the effort.
Pegasus Group is now promoting and developing its new identity in the industry, continuing to provide the high-quality service that has built our reputation. In 2025, Pegasus Energy Group entered a new phase of development in its market segments, geographic expansion, and modernization of its structure and services, adapting to ever-evolving demands, new sustainability requirements, and digitalization of the industry. This positions us for a crucial forecast to stay ahead of the competition.