Why Portland

Why Portland

Our credentials

Stability from Volatility

Portland excels with over 15 years of experience in the fuel industry, providing comprehensive and innovative solutions tailored to your specific needs. We offer a diverse range of services, including fixed price fuel, carbon reduction strategies, and market analysis, designed to help you effectively navigate the complexities of the fuel market.

Here are some of the reasons why you should consider working with us:

Our team has always been made up of professionals who have bought, sold, transported and stored fuel for all of their careers. We not only understand this industry in detail but are passionate about it.

Uniquely, we are able to offer long-term fixed prices on small to medium-sized fuel volumes. Previously, the ability to lock in a price was the preserve of only the very largest fuel purchasers. We have democratized the fixed price offer.

Conversely, we have worked with some of the world’s largest transportation companies, gas station operators and public transit organizations, as well as governments and city municipalities. We are trusted to deliver.

We are a member of the Private Motor Truck Council of Canada (PMTC) and Ontario Public Transit Association (OPTA). These respected organizations trust in our ability to serve them and their members.

We have a proud history of recruiting graduates and school leavers, providing them with a broad experience of our business and enabling them to become dedicated industry specialists.

We never over-promise nor under-deliver. We believe in keeping things simple in our quest to always create stability from volatility.

our credentials

about us

Our History

Portland was set up in 2009 by James Spencer, who joined the energy sector straight from Cambridge University in 1994. The business started as a specialized hedging provider (The Fuel Trading Company Ltd), offering budgetary certainty to companies with an exposure to movements in the price of fuel.

Our energy market presence increased throughout the following decade and beyond with the incorporation of three more UK companies – Portland Analytics, Portland CSO and Portland Fuel, plus the purchase of UK Diesel Exhaust Fluid producer Noxdown Ltd. In 2019, we opened our office in Hamilton, Ontario, offering diesel hedging, expert advisory services and a carbon compensation service.

With each company came a wider service offering, growing our capability naturally as Portland has become more deeply connected with our clients’ businesses. We are proud that we still count many of our original customers as long-term partners to this day, and that we have been able to recruit so many more along the way.

Portland sets up its first office in central York, England, offering Fuel Price Protection.
2009
Advisory services and oil stock ticket trading are added to the original offer.
2010
Portland delivers its first load of diesel to a transit company.
2013
Sales activity commences in Canada and the USA, handled via our UK office.
2014
Portland appears on BBC News for the first time and sets up its second office location in Essen, Germany.
2015
Our unique fixed price fuel card is launched.
2016
UK office moves to a larger location in Toft Green, York.
2017
Portland carries out fuel procurement advisory project for Toronto Transit Commission.
2018
Portland sets up its third office location, in Hamilton, Canada.
2019
Our carbon compensation service commences.
2020
Portland becomes the majority shareholder of UK Diesel Exhaust Fluid producer Noxdown Ltd.
2021
We publish the 150th edition of our flagship monthly Energy Market Report.
2023
Noxdown Ltd moves to new manufacturing premises in Pocklington, East Yorkshire.
2024
FORS partners with Portland to launch a new Fuel Advisory Service.
2025

friendly and knowledgeable

Meet the Team

Meet the dedicated professionals behind Portland’s industry-leading fuel management solutions. Our team combines decades of fuel industry expertise and a commitment to exceptional service and innovative strategies tailored to your needs.

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James Spencer
Managing Director
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Steve Irwin
Group Operations Director
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Joe Tuohy
Director, Portland Fuel Holdings
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Jon Rosenthal
Group Business Development Director
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Patrick Smith
Supply & Trading Director
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Mike Johnson
Director, Portland Analytics & Group Marketing Director
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Conchur Brennan
Director, Portland Fuel Ireland
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Connor Wilson
IT Manager
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Ganga Thapa
Quality Manager
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Jake Hookem
Finance Director
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Oliver Nightingale-Smith
Consultant, Portland Analytics
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Rhia McCue
Operations Manager
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Simon Hudson
General Manager, Portland Fuel Ltd
Alan Powell - Portland
Alan Powell
Supply & Trading Manager
George Southern - Portland
George Southern
General Manager, Portland Fuel Canada

Market Knowledge

Explore Our Monthly Energy Market Reports

September

2026

Whilst the attention of the world has been drawn to the ongoing crisis in the Middle East, the plight of Cuba has been somewhat sidelined.

August

2026

Last month we looked at conventional jet fuel and considered why this grade of fuel was so susceptible to price volatility. At the end of

July

2026

Now that the USA and Iran are re-engaged in their on/off conflict, we can expect one grade of fuel to make a quick return to

June

2026

At the half-way point of the year, we can say with some confidence that our annual price predictions are going to be way off! Back

May

2026

In all the noise and chaos that is surrounding the ongoing crisis in the Middle East, the decision by the United Arab Emirates (UAE) to

April

2026

In truth, it is nigh-on impossible to write a coherent oil market report at the present time. Markets up by 13 pence per litre (ppl)

March

2026

For as long as oil in the Middle East has been produced, observers have agonised over the Strait of Hormuz. What would the impact be

February

2026

Way back in 2013, we wrote a report about Venezuela and its collapsing oil industry; Oil Market Report 03/13 – Portland Fuel. In that report

January

2026

“At the same time that the global economy weakens, the flood-gates for US oil and gas production will be opened, further compounding the over-supply situation.

November

2025

One year ago, the USA voted in Donald Trump as its 47th President and with his election came a raft of promises around (what might

October

2025

Do Turkeys ever vote for Christmas? Well, in the case of The Organisation of Petroleum Exporting Countries (OPEC), that might well be the case! Having

September

2025

In an election that was largely ignored by the rest of the world (because of their much noisier neighbours to the North), Mexico’s Claudia Sheinbaum

Download your free copy of our brochure

Download your free copy of our brochure and discover how Portland can optimise your fuel management strategies.

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