A practical checklist for businesses evaluating petroleum suppliers, wholesalers and commercial fuel counterparties.
This guide supports responsible decision-making and does not replace legal, regulatory or professional advice.
Verify the business
- Confirm legal entity details.
- Confirm the contracting party and payment recipient.
- Review ownership and contact information.
- Record verification dates.
Verify petroleum authorisation
- Confirm the relevant licence type.
- Match licence information to the legal entity.
- Review supporting documentation.
- Recheck information periodically.
Understand the supply chain
- Confirm product source and delivery arrangements.
- Review transport and documentation controls.
- Understand sampling and dispute procedures.
Monitor ongoing risk
Changes in banking details, unexplained pricing, inconsistent documents, unusual delivery patterns and refusal to provide reasonable information may justify further review.
Verification support
LicenseCheck provides petroleum supplier and licence verification services where independent verification is required.
Report suspected misconduct
Due diligence concerns involving suspected fraud, illegal trading or other misconduct can be reported through Report Fuel’s secure reporting channel.