Harvest Energy Ltd.

What Harvest Energy Ltd. does

Harvest Energy Ltd. is a UK-based downstream fuel company wholly owned by the Prax Group (State Oil Limited), a privately-held British multinational energy conglomerate headquartered in London. Originating in 1994, the business operates across four core downstream segments: retail forecourts (Harvest Energy branded sites plus TotalEnergies co-branded sites and Breeze unmanned sites), commercial petroleum distribution (premium petrol, diesel, and HVO biofuels sold on contracted or spot basis), marine bunkering (Harvest Energy Marine with a fleet of ocean-going tankers and barges supplying VLSFO and marine gas oil across North West European ports), and aviation fuel supply (Harvest Energy Aviation providing Jet A1 and Avgas with ISO 9001 and ISO 14000 certifications). A fuel card programme spanning 3,000+ sites on two networks and the Harvest Insight online fuel inventory management platform serve as value-added overlays.

The group's value chain is anchored by the Prax Lindsey Oil Refinery, a 500-acre, 5.4 million tonnes-per-year facility at North Killingholme processing over 20 crude types into petrol, diesel, bitumen, fuel oil, and aviation fuels, complemented by the Killingholme Loading Terminal, Finaline pipeline, Prax Terminals Belgium (20,000 cubic metres in Zeebrugge), and Axis Logistics road tanker operations. Following the December 2023 acquisition of OIL! Tankstellen from Mabanaft, the group's retail portfolio expanded to approximately 540 sites across the UK, Germany, Austria, Denmark, and Switzerland, making the Prax Group the fifth-largest independent forecourt retailer in the UK. Group-wide headcount is ~960 employees across seven global offices.

Revenue is generated through volume-based, transaction-fee fuel sales across all segments, with retail pricing supported by a Loyalty Card scheme and commercial pricing delivered via a 'no hidden fees' wholesale fuel card model. As of 30 June 2025, Joint Administrators were appointed to Harvest Energy Limited and Harvest Energy Aviation Limited, indicating the parent-level entity is operating in administration proceedings; contact details for press and creditors now route through Teneo. The exact revenue is not publicly disclosed.

Name

Harvest Energy Ltd.

Legal name

Harvest Energy Limited

Website

https://harvestenergy.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Harvest Energy Ltd. is a UK-based downstream fuel company within the Prax Group, operating retail forecourts, marine bunkering, aviation fuel supply, and commercial fuel distribution, vertically integrated via the Prax Lindsey Oil Refinery (5.4M tonnes annual capacity).

Ownership category

akta.pro rank

Product category

Petroleum Refining and Fuel Distribution

NAICS

Petroleum Bulk Stations and Terminals (424710), Petroleum Refineries (32411), Petroleum and Coal Products Manufacturing (3241), Fuel Dealers (45721)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Petroleum Refining (2911), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB)

akta.pro secondary industries

Conventional Marine Fuel Bunkering (HFO/VLSFO/MGO/ULSFO) (TLAHAKAA), Fuel Blending & Additives Services (Blend Optimization, Compatibility) (TLAHAKAI), Biofuel Distribution & Fuel Marketing (Wholesale/Retail) (EUAAAHAI), Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery) (EUALAIAD)

Keywords

• Petroleum refining
• Marine bunkering services
• Aviation fuel supply
• Retail fuel stations
• Commercial fuel distribution

Headquarters

HQ city

Weybridge

HQ country

United Kingdom

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Retail Fuel Sales: Sale of petrol, diesel, and biofuels through owned and dealer-operated fuel service stations under Harvest Energy, TotalEnergies, and OIL! brands. Revenue from fuel volumes sold at retail sites.
2. Commercial Fuel Distribution: Import and distribution of petroleum products including contracted and spot fuel sales to commercial clients. Fuels offered include premium petrol, diesel, and bio fuels delivered through dedicated trucking operations or terminal rack collection.
3. Marine Bunkering: Supply of marine fuels (VLSFO and marine gas oil) to ship owners and traders through ship-to-ship bunker supplies and onshore deliveries at strategic port locations in northwestern Europe. Revenue from volume-based bunker fuel sales.
4. Aviation Fuel Supply: Supply of Jet A1 and Avgas to commercial and general aviation customers including airports, private airfields, flying clubs, helicopter operators, and corporate jet owners. Bulk fuel deliveries nationwide with dedicated storage facilities.
5. Fuel Card Programme: Commercial fuel card solutions enabling customers to purchase fuel at wholesale prices across a network of 3000+ sites, with no hidden fees and transparent pricing.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels5 records

Core offering

Harvest Energy is one of the largest independent refiners, blenders and suppliers of fuel in the United Kingdom and Europe, operating as a wholly-owned subsidiary of the Prax Group. The company blends and supplies motor fuels through company-owned and dealer-operated retail forecourts under the Harvest Energy, TotalEnergies and OIL! brands, provides marine bunkering services (VLSFO and marine gas oil) to ship owners via a fleet of tankers and barges at northwestern European ports, and supplies aviation fuel (Jet A1 and Avgas) to commercial and general aviation operators alongside commercial bulk petroleum distribution. Operations are integrated across retail, commercial, aviation and marine segments, supported by the Prax Lindsey Oil Refinery (5.4 million tonnes annual capacity), Prax Terminals Belgium, the Harvest Energy Fuel Card programme across 3,000+ sites, and a national HVO biofuel bulk delivery service.

Product overview

Harvest Energy Ltd. operates as a diversified downstream energy company offering an integrated portfolio of fuel products and services. The core offering consists of retail fuel stations (Harvest Energy Retail), marine bunkering (Harvest Energy Marine), and aviation fuel supply (Harvest Energy Aviation), alongside commercial petroleum distribution. Value-added services include the Harvest Energy Fuel Card for commercial customers, the Harvest Insight fuel inventory management system, HVO biofuel for sustainable energy needs, and a Loyalty Cards program. The company also operates unmanned Breeze filling stations and, through Prax Group acquisitions, incorporates the OIL! Tankstellen European retail brand, the Prax Lindsey Oil Refinery, and Prax Terminals Belgium storage facility. Road tanker logistics are managed through Axis Logistics.

Differentiator

Problem solved

Functional benefit

Brands

• Harvest Energy Marine: Leading marine fuel supplier servicing ports in strategic locations with a fleet of ocean-going tankers and barges for ship-to-ship bunker supplies
• Harvest Energy Aviation
• Breeze
• OIL!

Products and services

• Harvest Energy Retail Retail fuel service station network offering petrol, diesel, and biofuels through approximately 150 company-owned and dealer-operated Harvest Energy sites across the UK, with value-added services including convenience retail (Co-op, Morrisons daily), fast food (Delice de France, Costa Coffee/Express), and a Loyalty Card programme redeemable for fuel, shop discounts, or high street retailer vouchers.
• Harvest Energy Marine (Marine Bunkering) Marine fuel bunkering services supplying VLSFO and marine gas oil to ship owners, operators, traders, and offshore rigs via ship-to-ship bunker supplies and onshore deliveries from a fleet of ocean-going tankers and barges (Fortuna I at 7,915 DWT; Fortuna II at 1,700 metric tonnes DWT) operating 24/7, 365 days a year at strategic northwestern European ports.
• Harvest Energy Aviation Aviation fuel supply offering Jet A1 and Avgas with dedicated ISO 9001 and ISO 14000 certified storage, bulk fuel deliveries nationwide, and comprehensive into-plane services coordinated through TotalEnergies partners at commercial and general aviation airports, private airfields, flying clubs, helicopter operators, and private and corporate jet owners.
• Commercial Fuel Distribution Import and distribution of premium petrol, diesel, and bio fuels to commercial customers on contracted or spot basis through a dedicated commercial team with 24/7 trucking delivery and terminal rack collection for customers with their own transport. Serves blue-chip commercial customers with tailored supply and distribution structures and wet stock management support.
• Harvest Energy Fuel Card Commercial fuel card solution accepted at over 3,000 sites across two networks, with a strict 'no hidden fees' policy, transparent pricing, zero card charges, and wholesale fuel pricing that allows commercial customers to avoid retailer and fuel card agent markups while paying only for fuel drawn at the pump.
• HVO (Hydrotreated Vegetable Oil) Biofuel Premium-quality renewable fuel made from sustainable raw materials delivering up to 90% reduction in greenhouse gas emissions versus standard diesel and offering a much longer shelf life. Available in bulk deliveries across the UK within 48 hours for road vehicles, construction equipment, generators, and industrial power systems, supporting customer CSR and carbon footprint targets.
• Breeze Unmanned Filling Stations Unmanned 24-hour filling stations accepting card payments only, with locations at Holmer Green and Swindon in the UK, designed for quick, fuss-free refuelling at competitive rates and supporting convenience refuelling outside staffed retail hours.
• OIL! Tankstellen (European Retail Brand) Petrol retail brand operating approximately 390 service stations across Germany, Austria, Denmark, and Switzerland offering fuel and non-fuel convenience products and services. Acquired by the Prax Group in December 2023 from Mabanaft Gmbh & Co KG, integrating into the wider European fuel retail portfolio alongside UK Harvest Energy sites.
• Harvest Insight Fuel Inventory Management System Secure online platform that automatically monitors and supplies live metrics of fuel stocks for commercial customers, optimising expenditure, facilitating easy fuel ordering, and providing theft detection, fraud detection, short delivery alerts, stock reconciliation, and carbon footprint management assistance.

Quantifiable outcome

• HVO biofuel reduces greenhouse gas emissions by up to 90% compared to standard diesel
• +2 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Mabanaft Gmbh & Co KG (Seller of OIL! Tankstellen)minorOthers · 1 October 2023Prax Group signed agreement in October 2023 with Mabanaft Gmbh & Co KG to purchase OIL! Tankstellen Gmbh, a Hamburg-based petrol retail business. Deal completed December 2023, marking Prax Group's entrance into Germany, Austria, Denmark, and Switzerland retail markets.
• Total (Total Downstream UK Limited / Total Belgium)coreStrategic or Co-development Partner · 27 July 2020Prax Group signed agreement with Total to purchase Lindsey Oil Refinery and associated logistics assets (Finaline pipeline, Killingholme loading terminal) and Total Zeebrugge Depot in Belgium. Acquisition completed March 2021 for the refinery and October 2020 for the terminal. Total previously sold its UK retail network in 2011. The refinery had been operated by Total since 1968 with major investment in 2015. Terminal re-branded as Prax Terminals Belgium with Harvest Energy Marine managing all bunkering operations.
• Sherburn Aero ClubminorChannel Partner/ Reseller/ Distributor · 12 May 2020Five-year fuel supply agreement. Harvest Energy Aviation supplies aviation fuels to Sherburn Aero Club, a private flying club. This represents a direct customer partnership for aviation fuel supply.
• TotalEnergiescoreStrategic or Co-development Partner · 5 November 2019Fuel network agreement with TotalEnergies (comprising 100,000 employees worldwide, active in more than 130 countries) allowing Harvest Energy to develop TotalEnergies-branded service stations in the UK. Dealers gain access to TotalEnergies EXCELLIUM premium fuel, security of supply from a leading fuel distributor, and expert advice from Harvest Energy's dedicated UK team. First TotalEnergies-branded site opened in Thirsk, North Yorkshire in December 2019. Partnership enables both brands to maintain a strong customer-centric approach.
• TotalEnergies EXCELLIUMcoreTechnology or Integration · 5 November 2019Harvest Energy dealers under the TotalEnergies partnership have access to TotalEnergies EXCELLIUM premium fuel — a higher-quality fuel product backed by TotalEnergies' brand and supply infrastructure.
• TotalEnergies into-plane servicesminorChannel Partner/ Reseller/ Distributor · 5 November 2019Harvest Energy Aviation has agreements with TotalEnergies partners to provide comprehensive into-plane services at airports. Into-plane services involve refuelling assistance and support at airports where Harvest Energy supplies aviation fuel.
• V Net Zero Humber ClustercoreStrategic or Co-development PartnerPrax Lindsey Oil Refinery joined the V Net Zero Humber Cluster, led by Harbour Energy, alongside Humber Zero (Phillips 66 Humber Refinery and Vitol's VPI Immingham power plant) and EP UK Investments. Project aims to decarbonise CO2 emissions from the Humber region by capturing CO2 from refinery heaters and process units (target: 1.1 million tonnes per year) and transporting it via pipeline for storage in Viking gas fields off Lincolnshire coast. Phase 1 targeted for 2027, Phase 2 for 2029.

Scale indicators8 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Bunker Holding: World's largest marine fuel supplier, with physical and STS bunkering across NWE ports including ARA. Directly comparable to Harvest Energy Marine's NWE STS bunker supply model.
• PBF Energy: Independent US refiner operating mid-sized, logistics-advantaged refineries and selling into wholesale and commercial markets. Comparable as a non-major integrated refiner-distributor competing on refining margin capture.
• World Fuel Services: Global marine, aviation, and land fuel supplier with ship-to-ship bunkering and into-plane services. Directly comparable to Harvest Energy Marine and Harvest Energy Aviation across aviation and marine fuel distribution.
• Valero Energy: Large independent refiner and fuel marketer with significant European wholesale presence and a wholesale-led (rather than retail-led) downstream model. Closely comparable to Harvest's integrated refinery-plus-wholesale positioning.
• Mabanaft: German fuel distributor that sold OIL! Tankstellen to Prax Group in December 2023 and operates adjacent wholesale and bunker businesses. Comparable as a European wholesale fuel distributor and counterparty in recent Prax M&A.

Broad incumbents

• Phillips 66: US-based integrated refiner-marketer with the Humber refinery and a parallel V Net Zero Humber decarbonisation partner alongside Prax Lindsey. Comparable across refining and CCS-enabled decarbonisation strategy.
• BP (BP Retail / bp pulse / BP Marine): Integrated energy major with extensive UK and European retail, aviation refuelling, and marine fuel operations. Comparable as a multi-channel downstream competitor overlapping Harvest's retail, commercial, marine, and aviation segments.
• Shell (Shell Retail & Shell Marine): Integrated major with a major UK and European forecourt network and one of the world's largest marine bunkering operations. Comparable across retail fuel distribution, branded fuels, and marine fuel supply.
• TotalEnergies: Global integrated oil major that previously owned both Lindsey Oil Refinery and the Zeebrugge depot (now acquired by Prax/Harvest) and remains Harvest's strategic fuel network partner for UK retail and into-plane aviation services. Directly comparable across refining, retail, marine, and aviation.

Regional players

• Rontec (UK forecourt operator): UK independent forecourt and fuel card network operator competing with Harvest Energy in UK retail and commercial fuel cards. Comparable as a UK-only independent forecourt peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/harvest-energy-services-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

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 Harvest Energy Ltd.