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...
search | prax
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
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
September 2023: People moves in the fuel distribution sector
News on the latest appointments in the fuel distribution sector this month. Prax Daniel Brain has joined Prax as UK General Manager, with responsibility for Retail, Commercial & Industrial, Aviation,...
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
Phillips 66 Limited completes acquisition of Lindsey Oil Refinery assets
Phillips 66 Limited today announced it has completed the acquisition of the assets and associated infrastructure of Prax Lindsey Oil Refinery Limited (in Liquidation). The transaction comes after the company...
Insight
A look at the shape of the future UK downstream oil sector landscape
... 2010 2021 Major Oil Companies BP, Esso, Shell, Total BP, Esso, Shell Mini Majors/Mid Size Refiners CoocoPhillips, Ineos, Petroplus, Chevron, Murco Phillips 66, Petrlneos, Essar, Valero, Prax Petrolium...
News
Total and Harvest Energy enter into a fuel network agreement
Total has entered into an agreement with Harvest Energy, a member of the Prax Group, which will allow Harvest Energy to develop its network of service stations with the support and...
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...
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...
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...
News
Essar Energy Transition expands retail operations through Harvest forecourt fuel supply deal
...the Prax Lindsey Oil Refinery that resulted in significant supply disruption. Resilience and continuity As one of only four UK refineries manufacturing and delivering fuel to UK forecourts, Essar Energy...
News
Rod Prowse
...Europe and Prax Petroleum. Immensely engaging and personable, Rod was a popular and highly respected industry figure, recognised for his extensive knowledge and deep understanding of the sector as well...
Analysis
Lindsey refining ends, but Phillips 66 asset deal underscores strategic value of UK energy infrastructure
...ecosystem needed to manage, rather than abruptly impose, the energy transition. “Refining ends, but strategic relevance doesn’t,” Webb concluded. The image of Lindsey Refinery was originally supplied by Prax Group...
Insight
An industry acquiring
...within the sector from the perspectives of both the buyers and the sellers. Recent acquisitions In one of the most widely covered acquisitions in the industry, the Prax Group announced...
Analysis
An industry acquiring
...perspectives of both the buyers and the sellers. Recent acquisitions In one of the most widely covered acquisitions in the industry, the Prax Group announced the successful completion of the...
News
Clear focus on future fuels for industry Expo
...from representatives of Argus Media, Climate Change Committee and key suppliers Neste, Greenergy, Prax/Harvest, Phillips 66 Ltd and Argent Energy. “Day two will also feature an important and insightful roundtable...
News
Linton Fuel Oils – by royal appointment
...best it’s ever been.” As part of the restructure, Peter Gower joined the company in 2011 as general manager. Formerly of Prax Petroleum and Petroplus, Peter has more than 30...