Global capabilities
We are driven by the needs of our customers around the world and the desire to fuel their journeys. To this end, we utilise our global capabilities across our integrated upstream, midstream and downstream energy businesses – from exploration to refining, retail to storage, aviation to wholesale, marine to bunkering and beyond.
We make discoveries in naturally fractured basement reservoirs, feeding this product further down the value chain. We also refine and blend physical oil to regional, market and customer specification in strategically located terminals and warehouses around the world. We operate efficient, safe, and high-quality logistics, moving oil by barge, truck, rail, pipeline and vessel in support of our core activities and for third parties.
To make things simple for our customers, we segment our businesses into four distinct, but integrated, divisions.
Upstream
The exploration and production interests of our Upstream business are primarily focussed in the Lancaster Oil Field, supported by a team of specialists with experience across the disciplines of geology, engineering and offshore operations.
Exploration & Production
In the dynamic world of the upstream energy industry, our specialised team plays a pivotal role in our exploration and production endeavours. From initial hydrocarbon discovery and quantifying reserves to optimising reservoir performance, the team’s expertise is instrumental in supporting the wider Prax Group.
Midstream
Serving as the crucial link between our upstream endeavours and our downstream assets, our Midstream teams comprise a wide range of disciplines that ensure we are a future-focussed sector leader in the energy industry, with the means to maintain solid and transformative supply chains around the world.
Refining
At the refineries around the world that we either own fully, or own an interest in, we prioritise safety, strive to enhance reliability and profitability, and are committed to transforming to a next generation low carbon refinery that contributes to the UK energy transition.
Logistics
Our Logistics business is a key link in our end-to-end energy value chain – enabling us to deliver fuel reliably, safely and efficiently where and when we need to, for our customers and our Group.
Terminals
Through a well-placed network of terminals, we store, blend and distribute a range of fuel products safely, reliably and efficiently for our customers across the UK and beyond.
Downstream
From fuel at our forecourts to bunker supplies on the high seas, our Downstream teams serve a wide array of individual and commercial customers, with our cost-efficient energy solutions aided by our ownership of assets further upstream.
Aviation
Harvest Energy Aviation has a reputation as a leading supplier of high quality fuels and lubricants for the commercial and general aviation industry. We have dedicated storage for Jet A1 and Avgas and also provide into-plane services.
Industrial & Commercial
We provide a high-quality service to a diverse range of industrial and commercial customers around the world – combining flexibility and security of supply to meet their changing needs.
Marine
We continue to grow our Marine business, taking full advantage of our unique combination of refinery, terminal and logistics assets and capabilities to serve our customers in Northwest Europe quickly, securely and flexibly.
Retail
We keep building a bigger, better Retail business – adding to our network and enhancing our offer, giving people more good reasons to visit, shop, eat and refuel with us.
Integrated Supply & Optimisation
Our ISO division is key to our integrated model, supporting our diverse businesses and enabling us to optimise value as we source, produce and deliver the products our customers need. Our highly experienced risk management team continues to use derivatives to minimise our exposure to market movements and also offers this service to customers. The provision of this service has helped us to develop closer relationships with counterparties whilst simultaneously increasing revenues.
