Earlier this month, UKPIA published its annual review of the downstream oil industry. The Statistical Review 2019, which UKPIA has published since 2003, is a comprehensive and accessible compilation of UK downstream oil industry statistics. It draws together recent information on the sector from across a range of sources including government departments and UKPIA members.
Key statistics this year include:
Argus, which was the first price reporting agency to launch assessments for IMO 2020 compliant fuels in 2018, has produced a transition timeline infographic highlighting the key milestones to look out for.
Additionally, during International Shipping Week, Argus will be holding a free forum on 9th September to explore the impact of IMO 2020 in more depth. The company’s consulting and editorial teams will be discussing the effects of this era defining regulation change.
Topics include:
Bob Taylor, managing director of Watson Fuels – the company ‘offers a suite of high-quality products and consultancy services to help construction businesses maximise efficiency while reducing the environmental impact of their vehicles and machinery’
In October, Watson Fuels will not only be supporting the sponsorship of the 2019 British Construction Industry Awards (BCIAs) for the seventh year running, the company will also be sponsoring the Environment and Sustainability Initiative of the Year award.
The BCIAs are the construction sector’s most prestigious Awards. The Awards recognise and reward excellence in project delivery, with the annual ceremony attended by over 1,000 senior executives from key industry leaders and stakeholders.
Reducing the impact of construction projects and activity on the natural environment, and specifically reducing associated carbon emissions, has become a dominant theme within the industry in recent years. With projects in Low Emission Zones now often subject to stringent environmental legislation, the importance of environmental and sustainability-related initiatives and innovations is crucial.
“Environmental efficiency is now at the fore of the construction sector, so it’s important to recognise key achievements in this area,” commented Bob Taylor, managing director, Watson Fuels which strives to be environmentally conscious in everything it does.
As an official distributor of Texaco lubricants and Esso Diesel Efficient™ fuel, among other industry-leading brands, Watson Fuels offers a suite of high-quality products and consultancy services to help construction businesses maximise efficiency while reducing the environmental impact of their vehicles and machinery.
The British Construction Industry Awards Ceremony will take place on Wednesday 9th October 2019, at the JW Marriott Grosvenor House Hotel in Mayfair, London, where winners of each of the 16 categories will be revealed.
North West-based logistics specialists Suttons International is working with Border Force, assisting its officers in the fight against smuggling.
Inter Pipeline is exploring the potential sale of its European bulk liquid storage business, saying it is consistent with the company’s practice of making prudent, long-term portfolio management decisions.
The company says that should a sale be completed, proceeds could be used to reduce outstanding debt and finance Inter Pipeline’s capital expenditure programme, including the Heartland Petrochemical Complex.
Christian Bayle, president and CEO of Inter Pipeline, said:
“Inter Terminals is a high-quality business with outstanding management and staff. It has made an important contribution to the success and growth of Inter Pipeline over the past 14 years.
“Our decision to explore alternatives is consistent with Inter Pipeline’s practice of making prudent, long-term portfolio management decisions particularly in light of our organic growth initiatives.”
Phillips 66, trading as JET, has secured two new site wins with Top 50 Indie operator, TG Convenience Stores, choosing JET as its supplier for its recently acquired Felling and Sunderland Road forecourts. Both sites are located close to each other in Gateshead, north east England.
As part of a strategy to bring its group of companies together, Adler and Allan launched a new brand and logo earlier this month, with the new brand reflecting the company’s enhanced range of services and solutions.
Mabanaft has acquired Junction 29, one of the UK’s top-tier independent truckstops. Completed on 5th August, the deal marks Mabanaft’s strategic commitment to developing a network of truckstops across the country, offering drivers and companies good-value, high-quality truckstops outside of those owned by the oil companies and large group networks.
With a shelf-life of up to 10 years, Crown Oil is backing HVO, which can be used as a drop-in replacement for regular diesel and gas oil with the approval of several major OEMs
Crown Oil has invested in a stock of carbon-neutral, renewable and sustainable HVO biofuel in a bid to shift demand in the UK industrial sector from diesel and gas oil to an alternative with a vastly reduced environmental impact.
This makes Crown Oil the only UK fuel supplier that can supply the synthetic premium biofuel in any quantity, within the same delivery times as all its other products.
“Our commitment to the environment makes us acutely aware of the impact the fuel industry has on global warming, so we are always looking to reduce our footprint in every way we can,” commented Crown Oil’s managing director, Matt Greensmith.
“We are still working towards reaching our own in-house goal of net zero emissions, but at the same time, we can help other businesses achieve their targets too.”
Sajid Javid has promised to continue to freeze fuel duty in the lifetime of this parliament
Having seen an ‘ill-informed report in the Guardian’ earlier this week, the FairFuelUK campaign was quick to comment on a ‘hike in fuel duty’ proposed by the think tank, Bright Blue, which it claims was ‘riddled with inaccuracies and emotive statements’.
