News
BP to cut 10,000 jobs as virus hits demand for oil
...net debt rose by $6bn in the first quarter.” An industry reducing costs The job losses represent about 15% of the oil group’s 70,000 staff worldwide with the jobs due...
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News
Fuel supply sector review highlights significant losses and growth in low carbon fuel projects
...the significant financial losses experienced by the sector in 2020. The refining sector alone has reduced its greenhouse gas emissions by 24% since 2000 and, in 2020, as was the...
News
Petroplus administrators reveal scale of Coryton’s financial woes
...the Coryton refinery. The report provides creditors with a detailed description of progress that has been made in the six months since the appointment of the administrators. Trading losses from...
News
Moves to quell Grangemouth fears after speculation over refinery’s future
As reports surface suggesting a potential restructuring of the Grangemouth plant, the Scottish Government moves to quell growing fears over the future of hundreds of jobs as well as energy...
More search | job-losses
Analysis
Clean energy jobs now outnumber fossil fuel ones as transition drives growth
...jobs in favour of roles which they regard as more environmentally responsible. LinkedIn’s 2022 Global Green Skills Report also highlighted that demand and supply of jobs related to mitigating climate change...
News
Smart solutions
...larger oil terminals. “Not only does smartTAS increase security through controlled loading but it also helps to reduce costs by increasing efficiency and quickly identifying any losses incurred,“ said Judith....
News
Topaz Energy – €20m investment programme
...(mostly associated with restructuring the group’s borrowings), pre-tax losses stood at €4.7m at the end of the period compared to losses of €13.6m for the equivalent period a year earlier....
Opinion
Preparing for a new oil world
...further gloomy job losses across the energy, manufacturing and travel industries including Centrica, Liberty Steel, Heathrow Airport and carriers like British Airways, it’s clear COVID-19 is having a profound impact...
Analysis
UK Downstream: bringing in the next generation
...person doing the job that I do. This proves that age should not be a barrier to stop young people joining the fuel industry or becoming a HGV driver in...
News
Energy minister in Coryton discussions
...low and there is overcapacity in the sector. If government did step in to help Coryton, this would be a short-term fix, and it could potentially lead to job losses...
Further Reading
Opinion
North Sea oil industry in crisis?
...echo remarks made by the veteran oil man and government adviser Sir Ian Wood, who last week predicted a wave of job losses in the North Sea over the next...
Opinion
Fears for future of Stanlow oil refinery
...This project, Fulcrum NorthPoint, will create 800 direct and indirect jobs during the design, build and commissioning process and more than 100 permanent jobs during its operation. A spokesperson for...
News
Argent Energy in big green jobs blow
...Newarthill. Green jobs setback The union responded to the latest green jobs setback in Scotland as Argent Energy confirmed its plans to mothball its North Lanarkshire plant by the 31...
Interview
Lee Crellin and Ryan Finnigan, Ribble Fuel Oils: tanker-driving photographers
...day! “Most days are challenging because of extensive traffic or finding the location of certain jobs or the tank locations, but having experience does make things easier and it’s even...
Interview
35 years of tanker loading and process metering solutions
...belief in, the industry Fuel Oil News asked Kiran and Greg what the most enjoyable elements of their jobs are. Kiran replied: “The variety in my job is fantastic. I...
Knowledge
Prioritising people to keep fuel systems running smoothly
...these relationships, we can better serve our clients and help them avoid the significant losses associated with refuelling problems.” A comfort blanket “We get the job done, but it’s about...
Interview
A Day in the Life… Ken Cronin
...with Ken Cronin, Chief Executive at UKIFDA, to discover how Ken spends a typical day. MY ALARM GOES OFF AT… 6am. It’s been the same for 30-odd years, whatever job...
Interview
A proud tanker driver
...job but I love the challenge and relish the responsibility.” A reward for a job well done In April, Alex took the title of FPS driver of the year. “I...