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]
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 |
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]