News
A lubricants package that delivers
...staff training. “For the first time in over 7 years of wholesaling other brand engine oils we can finally see profits in small pack engine oil. Previously our oil brands...
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News
Essar invests £360 million in Stanlow carbon capture facility
...2030 will put Essar at the forefront of the UK’s shift to low carbon energy. Five-point energy strategy Essar’s energy transition strategy is based on five principles: Running core Stanlow...
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+...
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...
Analysis
Improving the UK’s fuel supply network
Earlier this year, Oikos Storage and Essar Oil finalised a significant deal to expand the latter’s fuel distribution into the South East of the UK. The agreement leverages Oikos’s strategic...
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...
Opinion
Fears for future of Stanlow oil refinery
...Essar Oil UK chief executive, said at the time: “Essar is committed to innovative growth as a means to create positive impact to both economy and environment. HyNet and hydrogen...
News
Essar agrees landmark aviation fuel supply deal with Liverpool airport
...earlier this month. Strengthening and future-proofing Adam Brayne, head of aviation & business development at Essar Oil (UK), commented: “Essar’s Stanlow refinery has manufactured aviation fuels which have been supplied...