The Prax Group is a British multinational independent refining, storage, distribution and sales conglomerate dealing in crude oil, petroleum products and bio-fuels, headquartered in London. Our ability to deliver innovative customer solutions across the world has secured our reputation as a leading presence in the global energy market. Our mission is to conduct business responsibly, placing excellence, integrity and philanthropy at the heart of everything we do.
Our success has been achieved through our entrepreneurial spirit, dynamic team and lean structure. We are driven, forward thinking and passionate about our products, with a perpetual quest for quality performance across the board. We strive to limit our carbon footprint and to embrace the advent of transitional fuels.
Our Business
The Prax Group’s core business is refining, logistics, and integrated supply and optimisation; our assets and investments complement and enhance these activities. The Group has 1,450 employees in 6 offices across the world. The Group’s downstream marketing and distribution businesses carry the Harvest Energy brand. Its midstream and upstream businesses, including refining and blending, carry the Prax brand. The Group is collectively identified as the Prax Group.
SUPPORTED BY THE CORPORATE FUNCTIONS; FINANCE, HUMAN RESOURCES (HR) & INFORMATION TECHNOLOGY (IT)
The Prax Group has a global presence, is actively involved in all of the major markets, and is one of the largest suppliers of petroleum products in the UK.
Our highly experienced risk management team continues to use derivatives to minimise our exposure to market movements and also offers this service to customers.
We are driven by the needs of our customers around the world, utilising our global capabilities across our integrated midstream and downstream energy businesses.
Where we Operate
London, United Kingdom – Prax Group Headquarters and Office for Europe & Africa; Weybridge, United Kingdom – Office for Harvest Energy; Lincolnshire, United Kingdom – Prax Lindsey Oil Refinery
Houston, Texas – Office for the Americas
Singapore – Office for Middle East & Asia
Antwerp – Office for Harvest Energy Marine
The Group’s Worldwide Offices
The Group’s headquarters are located in London, United Kingdom. It also has an office in the outskirts of London situated in Weybridge, Surrey, and another in Lincolnshire at Prax Lindsey Oil Refinery. The Group has main offices in Singapore and Houston, as well as an additional office in Belgium.
1450
Employees
6
Global Offices
2,087
Global Storage Capacity
We are committed to ensuring the health and safety of all our employees and stakeholders, and minimising our impact on the environment.
Our aim is to provide the highest standards in our products and services, and we manage our activities to minimise, wherever practicable, their effect on the environment.
We actively promote a culture of generosity and support causes that are close to our heart – in particular, the Prax Foundation Roots.
Latest News
The Prax Group has appointed Maarten van Wesemael as Managing Director – Middle East & Asia. Maarten will be responsible for the Group’s…
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The Prax Group has announced the successful closing of a new privately placed c.US$300 million (equivalent) Term Loan Facility (the "Facility"). The Facility…
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The Prax Group has announced the successful signing of a new two-year $350 million dollar inventory financing facility with Freepoint Commodities. This will…
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