Portland are the UK’s recognised experts on all things fuel. Set up in 2009 by James Spencer, Portland began as a specialised hedging provider, offering budgetary certainty to companies with an exposure to movements in the price of fuel.

Ten years on, Portland now cover a wide range of fuel-related services, including unique fixed price fuel cards, expert advisory and pricing services, physical fuel deliveries, compulsory stock ticket trading and a dedicated renewable fuels desk.

The team has grown over the years but is still made up of professionals who have bought, sold, transported and stored fuel for most – or all – of their careers. Our aim is to make sense of oil and energy markets and we continually strive to create stability from volatility, for the benefit of our customers.

Portland – making complicated things simple for over ten years.


Portland sets-up tin-pot offices above a van hire shop in central York.
Advisory and (oil) stock ticket trading is added to original fuel price protection offer.
Graduate Trainee discovers washing-up liquid and actually does the washing up.
Portland delivers its first load of diesel to municipal bus company.
Sales activity in Canada and USA (portland-fuel.ca) begins.
German office set-up in Gladbeck, Essen (portland-fuel.de).
Fixed-Price fuelcard launched.
Move to swanky new offices on Toft Green, York. Board Room has “show-fridge” containing both fizzy pop and beer.
Portland Fuel Pricing Service adopted by Freight Transport Association.
First import of Prilled Urea for manufacture of AdBlue (diesel emission reducing agent)
Portland becomes majority shareholder of Noxdown Ltd (www.noxdownuk.com)