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Ian Moore, of The Oil Market Journal, reviews the oil price in 2022.

Insight

What price oil? 2022 in review

...is a graph which shows the price of Brent Crude throughout 2022. With data supplied by The Oil Market Journal, the markers highlight some of the key events throughout the...

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Strategic supply from Britain’s largest refinery

...mt/year). Subsequent additions took the total up to 330,000bpd (6m mt/year).  In 2012 Esso undertook a reconfiguration of the plant, closing one of its three crude distillation units, resulting in...

News

Will summer fuel prices skyrocket in the UK?

...prices are usually highest. Geopolitics “The majority of the world’s crude oil comes from notoriously volatile countries. Recent tightening of sanctions on Iran by the Trump administration is expected to...
A look at the UK refinery network past, present and future

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The UK’s refineries: past, present and future

...was reached with BA to supply SAF from the refinery in to the Exolum (CLH) pipeline. Pembroke: Nameplate crude oil distillation capacity is about 10.5 million tonnes per year, with...

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Essar Oil UK – ‘a significantly better year’

...the configuration, the company has connected the refinery to the natural gas grid, materially diversified its crude slate, significantly improved the production of high value products and delivered a variety...

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Making light work of heavy oil

The V25 Test Rig at the Trondheim, SINTEF Research Institute Using environmentally friendly methods to process crude and dirty oils, Fluid Oil has commissioned its first heavy to light oil...

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Ireland’s downstream oil infrastructure

...and was mothballed for a short period. Crude oil processing was resumed with state ownership, under the aegis of the Irish National Petroleum Company. The facility was sold in 2001...

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Oil users – fuel price winners once again!

...-37.14% Wood Pellets 1166 1310 144 12.35% Air Source Heat Pump Radiators 1766 1718 -48 -2.72%   The bigger picture – falling crude prices After a relatively stable period during...