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News

Oil Terminal 2015 – new multi-billion USD projects

...Bashneft. The agenda at the Oil Terminal 2015 industry forum reflects how growing oil exports have led to additional demands to increase the capacity of tank farms and exporting oil terminals....

News

Showcasing oil heating’s future

...behind the show Facilitating the way into this evolving marketplace is the Oil & Renewable Energy Show.   Organised by A&D Publishing – publishers of Fuel Oil News, Oil Installer,...

Opinion

Consequences of IMO 2020

...Given the impacts of the virus, lockdown, oil prices and environmental imperatives on the whole fuel market and the implications for strategic planning and buying relationships we speak with Brian Coyne,...
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 the end of 2023. A volatile market Walid Koudmani, chief market analyst at financial brokerage XTB comments: “WTI crude futures are trading around $88 per barrel on Thursday after...

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...

News

Which? reports on heating oil prices

With the price of heating oil at a four-year low, Which? has taken another look at the heating oil market; a market that has seen a 23% fall in price...

Insight

A vertically challenged market

...UK oil market has seen a gradual shift away from domination by the oil majors and mini majors. Their rationalisation and repositioning created a vacuum now filled by importers and...

News

Chandlers Oil & Gas – Playing to our strengths

...an oil major with staff on the corporate career ladder – seemingly  inexperienced in marketing and sales and with no practical understanding of how the market operates – it led...

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

Theft threat?

When the price of crude oil rises, reports of oil theft increase. Alex Porter spoke to distributors about the situation in their area A recent article on the Fuel Oil...

Insight

No easy decisions at Whitegate

...support the country’s oil needs is Whitegate. Oil refining on the island of Ireland Originally commissioned in 1959, Whitegate has a distillation capacity of 71,000 bpd. One third of output...

Interview

Morrow Fuels – goes the extra mile

...manufacturing steel oil tanks for the domestic heating market. He saw his natural progression as moving more into the oil market, and bought his first distribution tanker in 1988. As...