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News

Oil – the cheapest of all major heating fuels

...expensive than LPG and 42% cheaper than electricity. A renewed appreciation of the benefits of oil Most experts agree that oil prices will remain low for some time and with...

Insight

Marine bunkering – fuel for a vital activity

...oil/ light fuel oil, with maximum density which can range between 0.890 and 0.920 kg/m3 at 15 degrees C Marine gas oil – meets the inland heating oil specification i.e....
Katy Heidenreich of OGUK

Opinion

New UK oil essential for low carbon future

...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK). Katy shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
OPEC+ announces steeper than anticipated oil production cuts of 2 million bpd creating a clash with the West as U.S. President Joe Biden calls the surprise decision ‘short-sighted’.

Opinion

Fuel price fears as OPEC+ cuts oil production

...to increase output to stem rising prices, and the latest rebuff leaves the President assessing whether to release further strategic oil stocks to lower prices. “The President is disappointed by...

Opinion

North Sea oil industry in crisis?

...Sea being profitable as oil is below $60 per barrel. “It is almost impossible to make money at these oil prices,” says Mr Allan, director of Premier Oil in addition...
Optimate

News

OptiMate is the key to MechTronic success in Ireland

...Dundalk Oil, Atlantic Oils and Stewart Oils all placing (and receiving) orders in 2020. Barry Finlay at Dundalk Oil said; “We are delighted to be the first fuel oil operative...

News

Heating oil’s future – making a difference

“Oil is the cheapest option for off grid homes and has been since October 2014,” says FPS chief executive Guy Pulham. The FPS is urging all those using oil to...
Data: the UKIFDA databank

Knowledge

Data: the UKIFDA databank

...recently produced its August monthly figures for domestic heating oil prices alongside broader inflation numbers. Heating oil prices in August 2023 were 74ppl compared to 89.7ppl in August 2022. Prices...

News

Oil – cheapest home heating fuel by far

With average annual heating costs for oil users falling every quarter for the last three years, consumer confidence in oil heating has greatly increased. This is reflected by rising boiler...