Phalo Energy Risk Management (PERM) is a company that evolved and arose out of need to create impactful solutions that enhances and eases the everyday operations of our customers. It evolved out of more than two decades of experience and active participation and investment in the oil and gas sector in South Africa, where its founding director spent all of his working life.
It is a company born out of complex and deep understanding of the industry and anything that gives rise to energy.
PERM is rather both an energy and a financial solutions company focusing on minimizing and mitigating the volatility that is brought on by the global inter-dependence on energy needs and all other macroeconomic elements that are generally out of our own control but have a direct impact on the costs of fossil fuels in our daily lives.
PERM’s role is to balance the imbalances and stabilize the costs of any business’s energy needs.
It removes uncertainties in planning and budgeting and allow finance managers to plan and allocate resources better. It minimizes the unknown and protects against future volatility in price and with certainty businesses can price the products and services better as they are protected from the unknown.
PERM’s role is to enable companies to focus their expertise and resources on their core business and PERM will minimize the risks and remove risks associated with unstable energy costs.
It is led by broadly experienced, dynamic and forward-thinking entrepreneurs with vast experiences in the oil and gas and financial services sector spanning over four decades.
PERM is passionate about innovative and creative solutions that bring about a natural evolution, a tradition that stabilizes customer businesses.