One of the few independent, privately-owned fuel and oil distributors in the North East has relocated its head office from Stokesley to larger premises in Stockton-On-Tees, following a period of continued growth.
Oil NRG, which last year acquired well-known Tyneside business, GB Fuels, has seen it’s tanker fleet grow from six to 17 vehicles in the past 18 months and, with more new tankers and drivers in the pipeline, the company was keen to provide room for further expansion.
It has also shifted its regional Tyneside depot from Gateshead to Birtley.
Jeremy Royle, head of sales and marketing, said: “We have been planning a move for some time, and we are delighted to have found and relocated to a great new site here on Teesside.
“By moving closer to the terminal on the Tees, we are now able to increase efficiencies in our collection and distribution, adding even greater benefit to our customer pricing and delivery.”
Oil NRG supplies kerosene home-heating oil, gas oil and road diesel to agricultural, domestic and industrial customers, covering North Yorkshire, Cleveland, County Durham, Northumberland and Tyne & Wear.
Founded by Derek Noble – formerly of Noble Fuels – and brothers Nigel, Mark and Craig Jones of Armstrong Richardson, Oil NRG reunited two business families with a long history of working together.
GB Fuels, a division of the family-run Goodall Bates &amp; Todd Limited, was set up in the 1960s and operated from Gateshead since.
By the time it was acquired by Oil NRG, it had already established a strong customer base in Tyneside and Northumberland, including a major presence in rural areas.
GB Lubricants, another division of the Goodall Bates and Todd Limited group, was unaffected by the deal, and, after a period of strong growth, announced last year a further expansion was planned.
At the time of the acquisition, Oil NRG managing director Roger Peart said: “Our main focus is oil distribution.
“We are delighted we can now provide a higher level of service to the region’s customers, whilst the additional volume will mean we are more than able to match the buying power of our larger, national competitors in the area.”
The company’s continued investment means additional tankers and drivers will now be working across its distribution area stretching from York in the south to Holy Island off the Northumberland coast.
It has also also invested significantly in its sales and marketing and finance departments
Mr Royle added: “With oil prices at their lowest for nearly four years, as a result of the strong pound and America’s reduced demand due to its booming shale gas industry, our customers are continuing to take advantage of the opportunity to ‘buy well’.”