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
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.
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:
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.
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.
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.