Who we are

Our History

Our Business

Our core business is physical oil trading and logistics; our assets and investments complement and enhance these activities. At the last count, we have over 950 employees in 11 offices across 7 countries.

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 midstream and downstream energy businesses – from retail to storage, aviation to wholesale, marine to bunkering and beyond.

The Prax Group blends 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 trading activities and for third parties.

To make things simple for our customers, we segment our businesses into three distinct, but integrated, divisions:

  • Physical Trading
  • Financial Trading
  • Distribution

The Prax Group’s downstream marketing and distribution businesses carry the Harvest Energy brand. Our midstream and upstream businesses, including refining, processing and blending, carry the Prax brand. The Group is collectively identified as the Prax Group.

Our branding, identity and logos explained

The outer circle of the Prax logo is reminiscent of the globe and depicts endurance. The inner circle represents a bird’s eye view of an oil storage tank; this lean but incredibly strong structure epitomises the collective strength of the Group.
 The colour green suggests a connection to nature and the environment, while the name Prax is taken from the first initials of members of the founders’ families.

Harvest Energy Low res logo

Butterflies play a number of important roles in the ecosystem and from ancient times, the remarkable metamorphosis from chrysalis to butterfly has been used to illustrate rebirth and transformation. The Harvest Energy butterfly logo represents the continuous, steady evolution of the business and enhances its environmental credentials.

Know Our Company

We have a set of core values which we believe form the basis of our business and which act as a code of conduct for us all, as we go about our working lives. Our core values are as follows:

1

Commitment To Excellence – We strive to improve and exceed expectations

We have a reputation of excellence in everything we do and we are committed to maintaining this. Our aim is to be best in class in every aspect of our business. We are led by a highly respected and remarkable team, all of whom have a deep understanding of the energy industry.
2

Drive & Dynamism – We endeavour to be world class and have a “can do” attitude to get the job done

Our success has been achieved through our entrepreneurial spirit, dynamic team and lean structure. We are independent, driven and forward thinking – passionate about our products and with a perpetual quest for quality performance across the board. Our people are what make our company great and we consider them family.
3

Principled & Passionate – We take pride in our business and heritage

Although we are very modern in our approach, we are passionate about maintaining old-fashioned values and principles that ensure we are a loyal, dependable and compassionate organisation. We are service-orientated and we value relationships. Our focus is always our customers, whoever and wherever they may be, but we also value and support our staff – after all, if they succeed, we succeed.
4

Philanthropic – We promote a culture of generosity

Philanthropy is at the centre of our organisation. We support causes that are close to our hearts – in particular, the Prax Foundation, called Roots – and support and encourage a culture of generosity with our staff in their own charitable projects.
5

Integrity – We encourage good work ethics

We encourage good work ethics and believe that our dealings with others must be done with integrity. We are fully transparent, fair, honest and upfront in all interactions.

Where We Operate

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.

Trading

The Group specialises in the trading of crude oil and a wide range of petroleum products, including diesel, fuel oil, gas, gasoline, gasoline components, Jet A1, Avgas and bio-fuels.

Outlets

The Group distributes its products through a global supply network, serving its customers in the retail, aviation, wholesale, fuel card, marine, haulage and government sectors.

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