ABOUT US

Incorporated in the year 2000, to take advantage of the wholesale and retail Petroleum sector, State Oil has had tremendous growth. Revenues and profitability have steadily increased by 50 - 70% annually in the wholesale and retail markets.

The company has been growing from strength to strength carefully analysing its future, adopting to changes and making solid decisions that create a positive impact on its business.

The success is attributed to its dynamic team's passion, in depth knowledge of the business, and sheer hard work. This also paved the opportunity to penetrate into the wholesale Petroleum market under the name of Prax Petroleum Limited in 2002.

The strategic acquisition of a number of filling stations in the United Kingdom to further expand its retail operations, has placed State Oil in the Top 25 Forecourt Retailers in United Kingdom (Top Indies 2006).

State Oil's reputation as a Key Player in UK's fuel business has helped in securing big contracts to serve the NATO, US Defence and Local Authorities. Its firm footing in the market place, has opened doors to trade with companies such as ChevronTexaco, Shell,Tramp oil & Marine and Conocophillips.

Claiming a larger market share from the $42 Billion UK Energy Industry is what State Oil has in its plan for the year 2007. And as such, is carefully strategising its course of action in achieving its target.

From its modest origins to worldwide stature, State Oil's remarkable expansion is testimony to the power of its core values such as integrity, honesty and community.