The UKPIA Future Vision

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A clear vision for the future of our industry

As in all sectors, the downstream oil sector needs to consider how it can contribute to decarbonisation goals, whilst providing security, reliability and affordable products to wider society.  Future Vision – the latest in a series of publications from UKPIA – seeks to provide a clear vision for the industry’s future. UKPIA members include key industry players – BP, Essar, ExxonMobil, Petroineos, Philips 66, Shell, Total and Valero with associate members Certas Energy, CLH, Dragon LNG, Local Fuel, National Grid and Puma Energy. “UKPIA has set out to paint a vivid picture of the range of possibilities on offer for the refining and fuel marketing industries,” said Stephen Marcos Jones, UKPIA director-general. “We also outline the opportunities available through innovation to achieve a circular economy thanks to developments in feedstocks, operations, fuels and products. UKPIA’s vision for the long-term future of the downstream oil sector is a positive one. “It is a future where new, low-carbon1 liquid fuels and products can make as much of a contribution to decarbonising the transport we use as can Electric Vehicles (EVs). Where refinery manufacturing processes can operate with maximum efficiency, potentially utilising carbon-reducing technologies such as carbon capture or, working with other sectors in industrial clusters to decarbonise together.  Where individual downstream oil companies can utilise their expertise and infrastructure to deliver low-carbon fuels and products directly to the consumer, potentially in an entirely reimagined forecourt experience. The UKPIA Future Vision: The Downstream Oil Sector in a Low-Carbon World report can be downloaded here – http://ukpia.com.publications              

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Lloyds Bank fuels north Essex supplier’s growth

New Era is set to generate a turnover of £100 million in the next three years and expand its international footprint, after securing a £2m funding package from Lloyds Bank Commercial Banking to purchase a new depot.

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InSite expansion

Pembrokeshire-based technical consultancy InSite Technical Services has officially opened its new premises at 1 Cleddau Bridge, Pembroke Dock.

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TSA Annual Review 2019

The Tank Storage Association (TSA) has published the fourth edition of its Annual Review which provides valuable data with respect to this important sector within downstream oil distribution. TSA president Paul Denmead, director of terminal operations, UK at World Fuel Services, highlights that ‘being no further forward in terms of understanding what our exit from the European Union will look like, it is imperative that this is resolved so that we can move forward as an industry. There are many more issues ahead – decarbonistation, IMO 2020, inconsistent regulation to name just three. “We need to focus on these without the distraction of BREXIT,” says Paul, who is assisted by vice president, Adrian Jackson, chief executive of the Oil and Pipelines Agency.  Together they continue to implement TSA’s plan to further develop the association. The past year has seen 13 new businesses join the TSA family and also the launch of a technical committee to help identify areas in which TSA can seek to improve its knowledge and performance. TSA, which has established the Downstream Oil Industries Forum Trade Association Working Group is seeking to gain alignment with other trade associations in the downstream oil sector on common topics, such as the Road to Zero strategy. Download the TSA Annual Review at https://www.tankstorage.org.uk/assets/tsa_annual_review_final_to_print-compressed.pdf

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Scully announces new CEO

The Scully Signal Company has appointed Katrina Scully Ohl as president and CEO. The granddaughter of the founder, Francis P. Scully, and daughter of Robert Scully, Katrina has a wealth of experience in the industry, having held numerous positions within the company, most recently interim president and executive vice president.

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JET – new dual premium fuels range

JET has launched its new dual range of JET ULTRA premium fuels, which includes JET ULTRA premium unleaded and JET ULTRA premium diesel.  The fuel brand has completed its UK-wide roll out to all sites that previously offered JET premium fuels.
Nick Goodwin

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Recognition for remarkable growth

Standard Fuel Oils – an independent Merseyside-based fuel oil distributor – has been identified as one of London Stock Exchange Group’s 1000 Companies to Inspire Britain 2019.
Fuelmate

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Going to the next level at Fuelmate

Rix Petroleum has engaged Zelst, a Harrogate-based digital marketing company specialising in search engine optimisation, to help grow its Fuelmate subsidiary by increasing search visibility, rankings, traffic and lead generation.

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Low carbon fuels are deliverable

At last month’s OFTEC conference the agenda was dominated by decarbonisation, with delegates keen to hear the results of OFTEC’s biofuels research. Closing the conference on a positive note, OFTEC CEO Paul Rose confirmed that BEIS still has all low carbon options on the table.
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