Top Oil

What Top Oil does

Top Oil, legally Tedcastle Oil Products and operating as a wholly-owned subsidiary of Irving Oil Company, Limited (Saint John, New Brunswick, Canada), is an Irish fuel distribution and retail company headquartered in Dublin with a history tracing back over 200 years. The company supplies home heating oil, kerosene, petrol, diesel, and AdBlue to residential customers, commercial fleet operators, agricultural businesses, and licensed road haulage and bus operators across the Republic of Ireland. Its distribution network comprises 20 local depots, 180+ branded service stations (including 6 motorway-area locations), and a Fuel Card program accepted at 200+ sites.

The core product portfolio centres on three revenue streams: residential home heating oil ordered online and delivered by local drivers (with an optional 12-month Budget Plan to spread payments); the Top Oil Fuel Card, a PIN-secured fleet payment solution offering competitive pump pricing, weekly fixed pricing, VAT invoicing, and eligibility for the Irish Diesel Rebate Scheme (up to 7.5c/litre); and commercial / agricultural bulk fuel sales serviced through dedicated business account management. Supporting offerings include AdBlue at forecourts and home heating oil gift vouchers. The technology stack is conventional: a web-based ordering platform with county/town-based quoting, a fuel card management system, and temperature-corrected quantity measurement for commercial transactions — there is no disclosed API, SDK, or AI/ML layer.

Top Oil monetises entirely through transaction-based fuel sales across its retail, delivery, and card channels. Residential heating oil is quote-based per delivery; commercial fuel and Fuel Card transactions earn on per-litre margin; and the Budget Plan introduces a subscription-style monthly billing cadence. Marketing and customer acquisition rely on the top.ie website, social media (Facebook, Instagram, LinkedIn), community partnerships (Children's Health Foundation 'Fuel the Care', Junior Achievement Ireland, Barretstown), promotional campaigns (the 'Fuel to Win' contest), and a 2026 sponsorship of Galway United F.C. Senior Women. The customer base is fragmented across individual homeowners and small-to-medium commercial accounts, with a €500 minimum monthly spend threshold for Fuel Card customers.

Name

Top Oil

Legal name

Tedcastle Oil Products

Website

https://top.ie

Company type

Private

Founded year

1820

Operating status

Operating

Headcount range

251–500 employees

Short description

Top Oil is an Irish fuel distributor and retailer (legally Tedcastle Oil Products, subsidiary of Irving Oil) supplying home heating oil, petrol, diesel, and AdBlue to residential, commercial fleet, agricultural, and road haulage customers across Ireland via 180+ service stations, 20 depots, and a 200+ location Fuel Card network.

Ownership category

akta.pro rank

Product category

Fuel Distribution and Retail

NAICS

Gasoline Stations and Fuel Dealers (457), Gasoline Stations (4571), Fuel Dealers (457210)

SIC

Retail-Auto Dealers & Gasoline Stations (5500), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Retail Service Station Operations (Company-Owned & Dealer-Operated) (EUALAIAA)

akta.pro secondary industries

Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery) (EUALAIAD), Fuel Pricing, Loyalty & Payments Platforms (POS, Mobile Pay, Fleet Cards, Loyalty Programs) (EUALAIAK)

Keywords

• Home heating oil
• Fuel distribution
• Fleet fuel cards
• Diesel and petrol
• Service stations

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Home Heating Oil Sales: Direct sales of heating oil to residential customers via online ordering with local delivery from 20 depots across Ireland.
2. Service Station Fuel Sales: Retail fuel sales (diesel, petrol) at 180+ Top Oil service stations and 200+ fuelling locations including motorway areas.
3. Fuel Card Services: Fleet fuel card program for commercial customers with competitive pump prices or weekly fixed pricing options. Revenue from fuel transactions processed through the card system.
4. Commercial/Business Fuel Sales: Fuel products and services for business customers including agriculture sector, with dedicated commercial products and account management.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Top Oil distributes and sells petroleum products in Ireland, including home heating oil (kerosene), petrol, diesel, and AdBlue. The company operates a network of 180+ branded service stations, runs a Fuel Card program for commercial fleet operators, and delivers home heating oil directly to residential customers via online ordering through 20 local depots.

Product overview

Top Oil is a family-owned Irish energy company with over 200 years of history, operating as a distributor of petroleum products. The company operates a hub-and-spoke distribution model comprising 20 local depots that supply home heating oil and commercial fuels. Its product portfolio centers on three interconnected offerings: the Top Oil Fuel Card (a fleet payment solution for diesel, petrol, and AdBlue), Home Heating Oil (direct-to-consumer delivery service), and Commercial Products (bulk fuels for business and agricultural customers). These are supported by a network of over 180 service stations and the Top Oil Budget Plan (a 12-month payment plan for residential heating costs). AdBlue is offered as a complementary emissions-reduction product for diesel vehicles.

Differentiator

Problem solved

Functional benefit

Brands

• Top Oil Fuel Cards: Fuel card payment solution for diesel, petrol, AdBlue and other fuel related costs for businesses

Products and services

• Home Heating Oil

Quantifiable outcome

• 200+ fuelling locations serving Ireland
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Galway United F.C. Senior WomencoreGTM or Marketing Partner · 8 April 2026Top Oil entered a partnership with Galway United F.C. Senior Women for the 2026 season. Galway United has a long history of bringing players and their communities together and encouraging a love of the game for fans of all ages. Top Oil is proud to be part of that energy as a sponsor.
• Children's Health Foundation (Fuel the Care)coreStrategic or Co-development PartnerTop Oil partnered with Children's Health Foundation to launch Fuel the Care programme, providing fuel gift cards to families travelling to receive medical care for their child. The goal is to bring the good energy of employees and the company to the counties where they do business.
• Junior Achievement IrelandminorStrategic or Co-development PartnerThrough meaningful work with Junior Achievement Ireland, Top Oil employees bring their good energy to communities across Ireland through educational programs.
• BarretstownminorStrategic or Co-development PartnerTop Oil works with Barretstown as part of its social impact initiatives, a family-owned company deeply rooted in Irish communities.
• Irving OilcoreOthersTop Oil's Parent Company is Irving Oil Company, Limited located in Saint John, New Brunswick, Canada. Top Oil and Irving Oil act as Joint Data Controllers of personal information pursuant to a Data Sharing Agreement. Top Oil operates under the brand name Tedcastle Oil Products.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Applegreen plc: Irish-headquartered fuel retailer and convenience/foodservice operator with a large Irish forecourt network and food-service partnerships, directly competing with Top Oil's 180+ service stations across the Republic of Ireland on similar retail fuel and convenience propositions.
• Maxol: Long-standing Irish family-owned fuel retailer and convenience operator with company-operated and dealer forecourts across Ireland, offering petrol, diesel, and ancillary services in direct competition with Top Oil's branded stations.
• Circle K (Alimentation Couche-Tard): Couche-Tard's Circle K operates a major Irish forecourt network (acquired through the Topaz/Certas acquisitions), directly competing on retail fuel, convenience, and the FastStop/Circle K proposition across all major Irish corridors.
• Emo Oil: Irish family-owned fuel distributor supplying home heating oil, agricultural, marine, and commercial fuels across Ireland; competes most directly with Top Oil's home heating oil and commercial/agricultural fuel delivery operations from the depot network.

Regional players

• Calor Ireland: Leading Irish LPG and home energy supplier offering cylinder and bulk LPG plus renewable heating alternatives (heat pumps, biomass); competes with Top Oil on Irish home heating share and exemplifies the alternative-fuel substitution threat to kerosene/heating oil.

Broad incumbents

• Esso Ireland (ExxonMobil): Major international branded fuel operator with a national Irish retail network under the Esso brand, supplied historically through Irish refiners; competes with Top Oil as an incumbent branded forecourt operator with a global marketing engine.
• Shell Ireland: Global oil major operating branded forecourts in Ireland including a growing EV charging rollout; competes with Top Oil across the full branded-retail fuel and adjacent low-carbon offering spectrum.
• Irving Oil: Canadian-headquartered parent company of Top Oil (Tedcastle Oil Products), itself a major North American integrated fuel marketer with refinery, terminals, and forecourts; included as the strategic parent and ultimate peer for terminal/wholesale capability benchmarking.
• BP Ireland (BP plc): Global integrated energy major with branded Irish retail presence via the BP/Aral network and growing convenience and EV propositions; competes broadly with Top Oil on forecourt branding, B2B cards, and the energy transition roadmap.

Emerging players

• Tesco Ireland: Major Irish supermarket operator running its own Tesco-branded forecourt network tied to its grocery loyalty base; competes with Top Oil on price-led motorway/suburban forecourt share and represents the supermarket-anchored price pressure on fuel margins.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TOPOilFuelingIreland
• LinkedInie.linkedin.com/company/tedcastle-oil-products-limited
• Instagraminstagram.com/topoil_fueling_ireland
• Xx.com/TopOil

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Top Oil