Analysis
Energy Resilience – Is the UK facing a crisis?
...questions the future of the UK’s refining capability, discusses the key options to government and whether or not the insolvency of Prax Group gives UK Plc an opportunity to get...
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News
Prax disruption brings four Devon sites back to JET after 13 years
...wider Prax liquidation. Waterside Service Station in Paignton, Marldon Service Station in Marldon, Aller Vale Service Station in Kingskerswell and Glendower Service Station in Torquay were all reimaged in July....
News
JET adds three former Prax sites as Gill Marsh backs retailer-led forecourt model
...JET was the first supplier to contact the business following the Prax liquidation announcement in June 2025. “JET was the first supplier to contact us after the Prax liquidation announcement,...
News
Senior appointment to lead growth in Europe & Africa for Prax Group
The Prax Group has appointed Vladimir Langhamer as managing director – Europe & Africa, following the decision by Don Camillo to retire from the Group’s day-to-day business activities and assume...
Analysis
A year in the wholesale markets
...the import and wholesale of petroleum products and the company is active in service stations, marine bunkering services, retail heating oil, lubricants, biofuels and biomass. www.mbholding.com Continued growth at Prax Prax...
Analysis
Prax Petroleum – A year of challenges and opportunities
The demanding market conditions of the past 12 months have presented Prax Petroleum with a series of challenges and opportunities. However, the Surrey-based independent oil importer and supplier of automotive...
News
Prax Lindsey refinery collapse: High Court signs off £150m asset freeze
The fallout from the collapse of the Prax Lindsey refinery continues, with a High Court injunction freezing £150 million of assets belonging to refinery owner Winston Soosaipillai (also known as...
News
Prax appointment brings wealth of knowledge
In a move that brings a wealth of fuel industry knowledge to the company, The Prax Group has appointed Mark Amor as managing director, UK Downstream. With over 30 years’...
News
Growth trajectory drives Prax Group senior appointment
The Prax Group has appointed James Foster as managing director – Integrated Supply & Optimisation. As an energy specialist with over 30 years’ experience of trading and leading global trading...
News
Lindsey refinery collapse results in redundancy for more than 100 tanker drivers
Administrators for the Prax Lindsey oil refinery, which filed for insolvency at the end of June, have confirmed that more than 100 tanker drivers have been made redundant with immediate...
Market Report
The meteoric rise and sudden demise of State Oil
...Oil – the owners of Prax Petroleum, the Lindsey Oil Refinery and various North Sea exploration assets – had gone into Administration. Not too much information is yet available around...
Interview
In Profile – Andy Ruffell-Ward, Harvest Energy Ltd
...TOTAL and the past 3½ years with Prax. Describe yourself in 3 words: Honest. Easy-going. Positive. What were your childhood / early ambitions? When I was about 8 years old,...
News
Prax Petroleum goes pink
Fully embracing the pink theme, staff at Prax Petroleum tucked into platefuls of pink goodies Last Friday was Wear it pink day – supporting the cancer awareness charity’s day with...
News
Distributor diaries September 2023
The latest updates from our distributor community Compass Fuel Oils – delivering 500l of kerosene to a lucky winner! Compass Fuel Oils, the Lancashire-based fuel distributor, has announced the winner...
News
Lindsey oil refinery owner Prax Group enters insolvency
Owner of Lindsey oil refinery in Lincolnshire, Prax group, has entered insolvency proceedings, putting hundreds of jobs at risk, according to Sky News report this morning. Parent company of Prax...
News
Lindsey refinery collapse sparks urgent industry and government response
...the Prax-owned site removes around 10% of UK domestic fuel production and puts 420 jobs at risk. It comes just two months after Scotland’s Grangemouth refinery ended crude processing, further...
News
The Prax Group appoint interim CFO
The Prax Group has appointed Rob Marrow as interim group chief financial officer (CFO) with immediate effect. The group is continuing its search for a permanent CFO and will update the...
News
June 2023: the latest people moves in the sector
...West. The Prax Group The Prax Group has appointed Ben Lahnstein, who previously worked for Prax as Acting Chief Financial Officer and as Global Head of Corporate Finance and Treasury,...