Our vision is to be an integrated global oil conglomerate.

The Prax Group is a leading independent trading, storage, distribution and retail multinational dealing in crude oil, petroleum products and bio-fuels. Our ability to deliver innovative customer solutions across the world has secured our reputation as a leading presence in the global oil 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.

Our Business

The Prax Group’s core business is physical oil trading and logistics; its assets and investments complement and enhance these activities. The Group has 950 employees in 11 offices across 7 countries. The Group’s downstream marketing and distribution businesses carry the Harvest Energy brand. Its midstream and upstream businesses, including refining, processing 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 is one of the world’s largest traders of petroleum products with a global presence and comprehensive coverage of all major markets.

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

Prax Locations
London, United Kingdom – Prax Group headquarters & trading office for Europe & Africa
Houston, Texas – Trading office for the Americas
Singapore – Trading office for Middle East & Asia.
Albania
China
Holland
India
Kazakhstan
Nigeria
Saudi Arabia
Sri Lanka
Antwerp
Albania
China
Holland
India
Kazakhstan
Nigeria
Saudi Arabia
Sri Lanka
Antwerp

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. The Group has established trading offices in Singapore and Houston. It also has branch offices in Albania, Belgium, China, Holland, India, Kazakhstan, Nigeria, Saudi Arabia and Sri Lanka.

950
Employees
11
Global Offices
300
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 charitable Foundation, Roots.

Latest News

27th July 2020 | Press Release

The Prax Group Has Signed An Agreement With Total To Purchase Lindsey Oil Refinery

The Prax Group has signed an agreement with Total to purchase Lindsey Oil Refinery and its associated logistic assets, with the deal subject…
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14th July 2020 | Press Release

The Prax Group Successfully Oversees First Delivery of LNG

The Prax Group has successfully overseen delivery of its first cargo of LNG (liquefied natural gas). Around 75,000 MT of LNG aboard the…
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12th May 2020 | Company News

Harvest Energy Aviation signs five year fuel supply agreement with Sherburn Aero Club

Harvest Energy Aviation, a member of the Prax Group of companies, has signed a five year fuel supply agreement with Sherburn Aero Club,…
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