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News

Cyberattack effect on oil prices

...vulnerabilities within US infrastructure. Why do oil prices vary? Oil prices vary from day to day, but when an unexpected event occurs that causes disruption in the supply chain, drastic...
As the UK continues to seek the right strategy to deliver a future of low carbon energy we consider Norway, a country leading the way in decarbonisation

Insight

Downstream Norway: Leading the way in decarbonisation

...cover these requirements, leaving a modest surplus across all grades. Stockholding obligations Norway imposes emergency stockholding obligations on oil importers and oil producers who imported quantities of oil equal to,...

Opinion

The future of oil heating debate – watch the video

...to be continued….. In the meantime your views on the ability of the oil heating market to resist the threats are invited jane@oilinstaller.co.uk. THE FUTURE OF OIL HEATING JEREMY HAWKSLEY...

News

The future of oil heating – watch the debate

...to be continued….. In the meantime your views on the ability of the oil heating market to resist the threats are invited jane@oilinstaller.co.uk. THE FUTURE OF OIL HEATING JEREMY HAWKSLEY...

Interview

Preparing for oil off Ireland

...the oil industry producing talented individuals who are specifically trained to further strengthen the oil industry. Worldwide it can be hard to attract people to oil and gas exploration.  With...

Opinion

OGUK welcomes climate report impetus

...to cut emissions from oil and gas production, currently totalling about 18.5m tonnes a year, to net zero by 2050. This could include the electrification of offshore oil and gas...

News

Europe’s most advanced oil re-refinery now operational

...of used oil. Environmental profile As indicated by the name, AVISTA Green has an environmental profile. Passing through the plant, the used oil is up-cycled back into high-quality base oil...

Interview

Kevin McPartlan of Fuels for Ireland

...what this means for the members and the broader picture of energy consumption in Ireland. “The rebrand was much more than a new name and a new logo. It was...

Interview

Northern Energy: fuelling communities for 90 years

...as a good base of depots, that made it very easy to move into this new emerging market. “Once we started distributing oil we added a new business – Robinsons...
OPEC+ agrees to continue with current output targets, despite market uncertainty

News

OPEC+ continues oil production cut in uncertain market

...into effect today, 5 December, in an already churning oil market. Speaking after yesterday’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “The decision by OPEC+...
Understanding compulsory oil stocking obligations for the UK

Insight

Compulsory oil stocking obligations: a UK update

...international requirements to maintain the requisite minimum levels of oil stocks to mitigate any supply crisis. These were: EU obligations Under EU Oil Stocking Directive 2009/119/EC, members are required to...

Insight

The changing world of the oil trader

...Total, etc. These vertically integrated international oil companies (IOCs) have been joined by state owned concerns, or national oil companies ( NOCd )- names such as Aramco, Kuwait Petroleum, IPC,...

Interview

The battle to offer a competitive product

...Top Oil has invested in its Dublin terminal Tackling low margins Outlining how consumer spending has changed, Martin said heating oil order sizes had reduced to 500 litres and even...

News

Could heating oil prices be frozen?

...rising demand for refined oil products. Indeed, the same report pointed out that the UK depends on imports for 44% of its heating oil requirements. A fact that vividly illustrates...