Featured

Category for featured posts

UKPIA welcomes FuelsEurope climate neutrality pathway

A FuelsEurope pathway describing how low-carbon liquid fuels could enable the transport sector to contribute to EU’s climate neutrality objective by 2050, has been welcomed by UKPIA. The ‘Clean Fuels for All’ pathway also shows that intermediate CO2 reductions of Read more »

Tagged , , , | Leave a comment

Oil prices rise on OPEC+ deal extension

An agreement to extend the deal on record production cuts until the end of July which was reached at a virtual meeting of OPEC+ on 4 June, saw oil prices climb to their highest level in 3 months. In addition Read more »

Tagged , , | Leave a comment

Key annual industry event cancelled for 2020

Organiser of UKIFDA EXPO 2020, the UK and Ireland Fuel Distributors Association (UKIFDA) has taken the decision to cancel the 2020 exhibition due to take place on 18 & 19 August at the Exhibition Centre Liverpool. Guy Pulham CEO of Read more »

Tagged , , | Leave a comment

Training boost for UK energy sector

In a move that could be viewed as a bellwether for the UK’s energy sector, leading training centres Survivex, in Aberdeen, and AIS Training, in Newcastle, reopened this week after enforced closure due to coronavirus. As part of 3T Energy Read more »

Tagged , , | Leave a comment

Free oil? Not today …

logo

Following the news that West Texas Intermediate (WTI) Futures traded at negative prices for the first time in history last week there has been rampant social media

Also posted in News, Opinion | Leave a comment

US oil price falls below zero for the first time in history

The leading representative body for the UK’s offshore oil and gas sector has warned the latest oil price developments could fundamentally undermine the ability of the industry to recover and serve the energy transition. It comes as US crude oil Read more »

Also posted in News | Leave a comment

Portland Market Report – oil prices

At the beginning of this year, we put together our annual prediction for oil prices and those who read it will remember that it was largely bearish in tone. Our thinking was that just as oil production was increasing, the Read more »

Also posted in News | Leave a comment

Farewell to an editor extraordinaire

After 21 years working on Fuel Oil News and having produced over 250 quality issues, Jane Raphael will be leaving her role as editor at Ashley & Dumville Publishing at the end of March where she has also been the Read more »

Also posted in News | Leave a comment