Puma moves into UK storage at Milford Haven refinery
The refinery, which was previously shut down, has been sold to the Singapore company
Sale of the shut-down Milford Haven refinery brings Singapore’s Puma Energy into the UK’s oil products market. The company - in which oil trader Trafigura and Angola’s state-owned Sonangol are the main shareholders - acquired the facility in March and is to develop it as an import and storage terminal. US company Murphy closed the refinery, in Wales, in November after negotiations to sell it to Klesch Refining broke down. Puma is buying the site and three inland terminals at Westerleigh, Theale and Bedworth, all in England, together with Murphy’s wholesale and distribution businesses in the UK. Storage capacity at the facilities amounts to 1.4 million cubic metres (cm) at present. Before th
Also in this section
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
