What we do

	Upstream Prax Upstream was set up to integrate and complement the other businesses of the Group.We are in a transformative era in the oil and gas sector and our primary objective revolves around fulfilling the energy requirements of the UK and operating in a sustainable manner. We are committed to responsibly optimise production, while prioritising safety and sustainability.

	Global Integrated Supply & Optimisation In a fragmented market where no single company has a dominant position, the Prax Group has a global presence. It is actively involved in all of the major markets and is one of the largest suppliers of petroleum products in the UK.

	Integrated Supply & Financial Risk Management 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.

	Terminals As part of a strategy that complements our integrated supply and optimisation business, we have acquired strategic storage assets, and we own and successfully operate oil terminals. We have made substantial investments in these assets and their systems to enhance productivity.

	Prax Lindsey Oil Refinery Prax Lindsey Oil Refinery, located in North Lincolnshire in the United Kingdom, is a world-class supplier of quality fuels. Constructed in 1968, it has the capacity to process up to 5.4 million tonnes of crude oil per year (113,000 barrels a day). The refinery extends over 500 acres and incorporates some of the most advanced refining and conversion processes in Europe.

	Downstream Divisions The Group has invested in downstream businesses – Aviation, Marine, Commercial and Retail and these divisions operate under the Harvest Energy brand.

	Axis Logistics Axis Logistics manages the road tanker logistics operations of the Prax Group of companies, offering our customers safe and reliable deliveries that are competitively priced.