Industry | Oil & Gas |
---|---|
Founded | 1960 |
Founder | Murphy Oil Corporation |
Headquarters | United Kingdom |
Area served | United Kingdom |
Products |
Oil and gas exploration production Natural Gas & LNG Trading & transportation Oil refining Chemicals |
Services | Fuel stations |
Website |
www |
Murco is an oil refining company based in the United Kingdom. It was set up by Murphy Oil Corporation in 1960. [1] The company owns a forecourt-based chain of convenience stores of Costcutter. [2] Murco purchased a 30% stake in Amoco’s Milford Haven Refinery in 1981, and the remaining 70% in 2007. [3]
In 2008, the firm purchased Petrol Express Limited for £52 million from its parent company GNE Group, acquiring 63 petrol stations to bring its total to 230. [4]
After trying for two years to sell a Murco plant in the UK, in 2014, Murphy announced it would close the location. [5] It was announced in November 2014 that Milford Haven Refinery was to close with the loss of around 350 jobs. [6]
On 1 October 2014, the Murco retail business was sold by Murco Petroleum to independent forecourt operator MFG ( Motor Fuel Group). [7] In 2016 MFG introduced a new look for Murco. [7] In 2015, Puma Energy Group purchased assets from Murco Petroleum, including a closed refinery at Pembrokeshire in Wales. Three of Murco's inland terminals in the UK were also acquired. [8]
Industry | Oil & Gas |
---|---|
Founded | 1960 |
Founder | Murphy Oil Corporation |
Headquarters | United Kingdom |
Area served | United Kingdom |
Products |
Oil and gas exploration production Natural Gas & LNG Trading & transportation Oil refining Chemicals |
Services | Fuel stations |
Website |
www |
Murco is an oil refining company based in the United Kingdom. It was set up by Murphy Oil Corporation in 1960. [1] The company owns a forecourt-based chain of convenience stores of Costcutter. [2] Murco purchased a 30% stake in Amoco’s Milford Haven Refinery in 1981, and the remaining 70% in 2007. [3]
In 2008, the firm purchased Petrol Express Limited for £52 million from its parent company GNE Group, acquiring 63 petrol stations to bring its total to 230. [4]
After trying for two years to sell a Murco plant in the UK, in 2014, Murphy announced it would close the location. [5] It was announced in November 2014 that Milford Haven Refinery was to close with the loss of around 350 jobs. [6]
On 1 October 2014, the Murco retail business was sold by Murco Petroleum to independent forecourt operator MFG ( Motor Fuel Group). [7] In 2016 MFG introduced a new look for Murco. [7] In 2015, Puma Energy Group purchased assets from Murco Petroleum, including a closed refinery at Pembrokeshire in Wales. Three of Murco's inland terminals in the UK were also acquired. [8]