• Industry News

    Vital statistics for oil

    Vital statistics for oil

    The UK produced less oil in the fourth quarter of 2012; the closure of Coryton in July 2012 was a key factor says a recently published report. Last month the Department of Energy and Climate Change published its Energy Trends and Quarterly Energy Prices covering new data for Q4 2012 and provisional annual data for 2012. Key findings • The UK’s total energy production was 10½% lower than in 2011 • Imports in 2012 were at a record high, with exports at their lowest level since 1989 • Oil production was 14½% lower than in 2011 – the lowest annual production volume since the current reporting system began • Production of petroleum products was down 8½%, with the closure of Coryton in July 2012 a key factor • Compare to Q4 2011, the cost of heating oil increased by 2. Read full story

  • More News

    All News »

  • Market Information

    Oil issues in the news

    Cause for concern? An in depth look at recent industry Issues that have hit the headlines Read more >

    The wholesale market

    Find out how the key players in the wholesale market are assisting businesses. Read more >

    Distributors discuss business

    What do fuel distributors think about the world they inhabit? Read more >

    Fuel distribution in Ireland

    Irish distributors discuss their role. Read more >

    Terminals & Storage

    A look at what terminals and storage can offer the oil market Read more >

    Talking Point

    Distributors debate topical issues. Read more >