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News

Prax Petroleum’s parent acquires Harvest Energy

...the Prax marque. Headquartered in Weybridge UK and with a trading office in Zug Switzerland, the State Oil group is a leading independent trading, storage, distribution and retail conglomerate dealing...

News

Streamlining the UK’s downstream infrastructure

...UK interests acquired by Puma Energy Taking a regional infrastructure tour During the current millennium the importer/wholesaler companies such as Greenergy, Mabanaft, Harvest Energy/Prax Petroleum and World Fuel Services  have...

News

Expanding brand presence across the UK

Harvest Energy, the retail division of the Prax Group, has acquired Retail Fuels Limited which owns and operates nine retail forecourts in the UK Completed in December, the acquisition reflects...
OIl refinery in sunset

Analysis

What price oil? Q3 2025 in review

...ending with stocks just 0.5mb below levels seen this time last year. July July began with spiralling distillate prices after news on 30th June, that the 105,700bpd Prax Lindsey refinery...
Bourne Bridge Forecourt

News

Prax fallout contributes to continued expansion of JET network

...dealers chose to re-tie. The latest developments bring together a mix of new-to-brand wins and long-standing dealer relationships across the East of England. Prax fallout continues to reshape dealer relationships...

News

A champagne day for Hull-based Rix

...Lerrix by Lucinda Rix, daughter of company chairman, John Rix. The name “Lerrix”, explained John, comes from Lucinda’s initials (Lucinda Emily Rix), coupled with the company convention of having the...

News

Biofuels – an uncertain future

...renewable source. RTFO was subsequently changed in 2009 to slow down targets because of concerns about the effects of indirect land use change (ILUC). The targets for the biofuel content...

Insight

The UK’s refineries: past, present and future

...Total sold the refinery, along with associated distribution assets, to the Prax Group. The main channels of product distribution to the UK market are as follows: Road, from the refinery...

News

Meeting customers’ needs

Harvest Energy, a member of the Prax Group of companies, has opened a new Morrisons Daily Store at its Sandringham service station in Leicester. Having bought this site along with...
OIl refinery in sunset

Opinion

Ken’s Corner – Bittersweet

...situation at Prax felt, frankly, like a hammer blow too far. First and foremost, my thoughts are with the dedicated teams at the refinery and associated terminals who now face...
Oil prices

Insight

What price oil? 2025 in review

...strikes on 21st June. Late on 30th June came the shock news that the 105 kb/d Prax Lindsey refinery in Lincolnshire had entered administration. Q3 2025 – Refinery Shock, OPEC...

Opinion

Fuel crisis proves that supply trust is vital

...Dr Florian Lucker, senior lecturer in Supply Chain Management at Bayes Business School, explained the effects of the current situation on the supply chain as a whole, right up to...

Interview

Donegal distributor gets lucky

Killybegs – where Donegal has a depot Some lucky decisions and a keen share of the marine and lubricant markets have helped give one distributor a positive outlook in recession,...