This further investment at Stanlow ‘demonstrates Essar’s commitment to remain invested in the oil and gas sector’ says Essar Oil UK’s non-executive chairman Prashant Ruia
Essar Oil UK is planning to invest $250 million in capex and maintenance at Stanlow to ramp up throughput, improve yields and revenues. The announcement follows strong Q4 figures to cap robust FY17 performance.
Essar’s major investment in 2018 will increase annual throughput from 68 million to 75 million barrels with the Tiger Cub project expected to deliver enhanced yields of high value products, reduced crude costs and drive revenue growth.
Operational and financial performance: Key indicators
With the first month of Autumn underway, many customers will be thinking about turning on the heating for the first time in a few months. For those on heating oil, the Federation of Petroleum Suppliers (FPS) has good news with oil being the cheapest form of energy.
The new Isuzu vehicle at Darch Oil – supplier of fuels, heating oil and lubricants to customers in Somerset, Dorset, East Devon, South Wiltshire and West Hampshire
Independent family-run Darch Oil has acquired its first tanker mounted on an Isuzu chassis. The Isuzu Forward F110.240 11-tonne rigid has been fitted with a 7,000 litre dual compartment Magyar tank for kerosene, derv and gas oil distribution to customers in remote locations throughout the south-west.
Longevity, payload and compact vehicle footprint were the main criteria behind the Yeovil-based fuel oil distributor’s decision reports Ivan Steel from Darch Oil.
“We operate in many rural areas where tight turning circles and extremely limited access are regular occurrences, however, the Isuzu 11-tonner meets all our criteria in addressing these particular problems.
“It gives us the ability to get to places where other vehicles would struggle as well as giving us much more operational versatility. The Isuzu Magyar combination allows us to maximise the payload by carrying two different types of fuel in one delivery.
“The tanker’s regular driver has been particularly impressed by its overall performance and versatility, as well as the pumping equipment on the vehicle. Fitted with a 200-foot hose, the driver has full remote control of the pumping operation, allowing him to control the discharge at the point of delivery, rather than where the vehicle is positioned.”
Darch Oil operates a 22 strong vehicle fleet of which 12 vehicles work on oil tank deliveries, with 10 vehicles handling coal transportation.
Supplied by Ferndown Commercials at Wimborne, this new tanker will cover approximately 40,000 miles a year over a working life of up to 12 years, after which the Magyar tank will be removed for a second life on a new chassis.www.isuzutruck.co.ukwww.darchoil.com
Acumen Credit Insurance Brokers would like to draw the attention of fuel oil distributors to the Debt Pre-Action Protocol which comes into force on 1st October 2017.
This Protocol describes the conduct the court will normally expect from involved parties prior to the start of proceedings and includes a template Information Sheet and Reply Form to be provided to debtors in all cases.
The Protocol’s introduction means that you (or your legal representatives or collection agents) must make changes to the pre-action work conducted against individuals and sole traders prior to legal action.
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The Millbook Way site in Preston – ‘It is also fantastic to be working with Gavin and Peter Valentine, two very experienced petrol retailers who are long term fans of Gulf, as they look to expand and grow their Petromex business with us,’ said Ramsay MacDonald
Certas Energy has reached agreement with Preston-based Petromex Forecourt Services that will see 13 million litres of retail volume moving to Gulf from Texaco, starting in the next two months.
Two of the sites, Millbrook Way in Preston and Canal Head in Ulverston have been acquired by Certas Energy with a third, Harwood Bar, also in Preston, secured on a long-term dealer supply agreement. The deal strengthens Gulf’s growing market share in north west England and further reinforces the brand’s credentials as a major force in UK petrol retailing.
“These are high quality forecourts and exciting strategic locations that will enable us to showcase the Gulf brand in the North West,” enthused retail director Ramsay MacDonald.
“We believe that under the Gulf brand we can increase volume by at least another three million litres as well as develop and enhance the shop and valeting businesses on site. The sites will look fantastic in Gulf colours and support our growth plans for the region.”
“We hope that any dealer looking to move from their current supplier to future-proof their business will see this investment as further evidence of our commitment to the sector and provide the confidence for them to trust us with their business. Dealers can be assured that development of our dealer offering and the Gulf brand proposition is ongoing to drive new business to Gulf sites and boost retailer margins. We’re also interested in acquiring further sites across the country and our team are ready to progress any interest from Independents and Groups keen to sell or lease their forecourts.”
Certas Energy currently supplies over 700 locations across the UK, including around 500 Gulf-branded forecourts. This latest acquisition signals a major step change as the existing portfolio of sites run by Certas forecourt staff are all located in Scotland.
“Year on year we have been growing our business across the UK and this presented a perfect opportunity to create three flagship Gulf forecourts in the north of England,” added Ramsay.
“We plan to implement changes in the next few months to enhance all three sites in what will be largest single investment in COCO (company-owned, company-operated sites) to date for Certas Energy and its parent, DCC.”www.certasenergy.co.uk
The GeniePoint Network already stretches the length of the country from Carlisle to Falmouth, with GeniePoints across London, Hampshire, Cornwall, Cumbria, and a growing number in between
ChargePoint Services and Motor Fuel Group (MFG) have signed a partnership deal for the roll-out of forecourt electric vehicle charging (EVC) across their UK network.
The proposed roll-out is the first of its kind in the electric vehicle charging market. With 413 stations MFG is the second largest independent forecourt operator in the UK, the company will host the 50kW plus rapid chargers at their sites nationwide which operate under the BP, Shell, Texaco, JET and Murco fuel brands.
“We’re delighted to be extending our fuel offer to customers,” said Jeremy Clarke, MFG’s chief operating office.
“The growth of the electric and hybrid vehicle market is an important part of the fuel mix going forward. MFG is determined to be at the forefront of this technology, satisfying this growing demand.”
The chargers will become part of ChargePoint Services existing GeniePoint Network, run and managed by its GeniePoint Platform.
“Electric Vehicle Charging is now a critical public service,” said Alex Bamberg, managing director, ChargePoint Services.
“ChargePoint Services’ GeniePoint Network is the most robust, reliable rapid charging network in the UK, its high level of functionality enables continuous monitoring of all the chargers on the network to ensure maximum uptime for drivers.
“We’re on target to provide the most reliable, widespread rapid charging facilities across the UK for drivers of electric vehicles, backed up by our excellent, continuous customer care program.”www.chargepointservices.co.ukwww.motorfuelgroup.com
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