Opinion

Transitioning from oil to renewables – cost or investment?

We hear from Neste after a decade of transitioning from a regional oil refinery to a global leader in renewable solutions to see if the investment is paying off. Neste’s transformation from a regional oil refinery to becoming a global Read more »

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Prax pledges on jobs and decarbonisation

Luc Smets has been appointed general manager of the Prax Lindsey Oil Refinery at North Killingholme, bringing with him more than three decades of experience in the petrochemical industry, with 23 of those years spent with ExxonMobil. As part of Read more »

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Diversity in action in distribution

From what was once a traditionally male dominated industry, greater diversity is being seen every day within distribution companies, suppliers and trade bodies. We spoke with Emily Yates, who joined Craggs Energy in 2015, about her role as a young, Read more »

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Is the UK set to become the ‘Hydrogen Nation’?

A leading campaign group is launching an industry-wide survey to discover the ‘State of the Hydrogen Nation’ ahead of the expected publication of the UK’s Hydrogen Strategy in June. Members of the cross-industry Hydrogen Strategy Now (HSN) group, which combined Read more »

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Time to change the oil?

Maurice MacSweeney, director of litigation funding at Harbour explains how climate litigation is seeking to change corporate behaviour. In the summer of 2015, the Dutch government found itself a reluctant defendant in a case which would determine whether ordinary citizens Read more »

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Fears for future of Stanlow oil refinery

Essar-owned Stanlow refinery, located in Ellesmere Port, is reportedly facing financial problems, but the company has said it is fully committed to its operations at the Ellesmere Port oil refinery, including plans to decarbonise its activities and produce sustainable fuel Read more »

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Suggested $100 oil unlikely given abundance of OPEC capacity

According to a new report by Bloomberg Intelligence (BI), a supply gap big enough to push crude to a speculated $100 a barrel is unlikely, especially as OPEC has spare capacity of 9.2 million barrels a day. BI says that Read more »

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UKPIA welcomes support for decarbonisation projects

UKPIA

UKPIA welcomes the announcement of £171 million of funding towards major decarbonisation projects involving a number of UKPIA member companies. The Department for Business Energy and Industrial Strategy has announced Industrial Decarbonisation Fund projects that it will be supporting in Read more »

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Decarbonising transport – the future of mobility in the UK

The downstream oil sector – the supplier of 96% of the UK’s transport fuels – is committed to decarbonisation of the transport system and can be an important ally in meeting net zero according to “The Future of Mobility in Read more »

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Logistics UK’s Alex Veitch responds to Budget

Measures included in the Budget provide a strong foundation for economic recovery, according to Logistics UK, one of the UK’s biggest business groups. But while there are many positive decisions – including a freeze in fuel duty and extension to the furloughing scheme – we need to see greater investment in Read more »

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