About

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.

History

2009
Portland sets-up tin-pot offices above a van hire shop in central York.
2010
Advisory and (oil) stock ticket trading is added to original fuel price protection offer.
2011
Graduate Trainee discovers washing-up liquid and actually does the washing up.
2013
Portland delivers its first load of diesel to municipal bus company.
2014
Sales activity in Canada and USA (portland-fuel.ca) begins.
2015
German office set-up in Gladbeck, Essen (portland-fuel.de).
2016
Fixed-Price fuelcard launched.
2017
Move to swanky new offices on Toft Green, York. Board Room has “show-fridge” containing both fizzy pop and beer.
2018
Portland Fuel Pricing Service adopted by Freight Transport Association.
2019
First import of Prilled Urea for manufacture of AdBlue (diesel emission reducing agent)
2021
Portland becomes majority shareholder of Noxdown Ltd (www.noxdownuk.com)