Murco_Petroleum

Murco Petroleum

Murco Petroleum

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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]

Quick Facts Industry, Founded ...
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. [1]
    "Murco". Murphy Oil Corporation. 7 March 2013. Retrieved 7 March 2013.
  2. [2]
    "Murco Petroleum". htec.co.uk. 20 September 2012. Retrieved 20 September 2012.
  3. [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. [4]
    "Murco buys Petrol Express". News. forecourttrader.co.uk. 30 October 2008. Retrieved 11 May 2010.
  5. [5]
    "Murco refinery sale collapses". BBC. 5 November 2014. Retrieved 11 November 2014.
  6. [6]
    "A Great New Look, A Great New Offer". www.murco.co.uk. 25 May 2016. Retrieved 2 June 2023.


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