Murco Petroleum

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]

Murco Petroleum
IndustryOil & Gas
Founded1960 (1960)
FounderMurphy Oil Corporation
HeadquartersUnited Kingdom
Area served
United Kingdom
ProductsOil and Gas Exploration
production
Natural Gas & LNG
Trading & Transportation
Oil Refining
Chemicals
ServicesFuel Stations
Websitewww.murco.co.uk
A Murco DAF CF Tanker in Ellesmere Port. (January 2013)

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]

It was announced in November 2014 that Milford Haven Refinery was to close with the loss of around 350 jobs.[5]

On 1 October 2014, the Murco retail business was sold by Murco Petroleum to independent forecourt operator MFG (Motor Fuel Group).[6]

In 2016 MFG unveiled Murco's new look and Fuel supply offer. [6]

References
  1. "Murco". Murphy Oil Corporation. 7 March 2013. Retrieved 7 March 2013.
  2. "Murco Petroleum". htec.co.uk. 20 September 2012. Retrieved 20 September 2012.
  3. "Refining and Distribution". Murco in the UK. Murco Petroleum Ltd. 30 September 2011. Archived from the original on 30 September 2011. Retrieved 11 October 2011.
  4. "Murco buys Petrol Express". News. forecourttrader.co.uk. 30 October 2008. Retrieved 11 May 2010.
  5. "Murco refinery sale collapses". BBC. 5 November 2014. Retrieved 11 November 2014.
  6. "A Great New Look, A Great New Offer". www.murco.co.uk. 25 May 2016. Retrieved 2 June 2023.


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