News
Record results for Essar
...Oil (UK) has announced its best ever financial results, for the year ending March 31st 2016. During the year, Stanlow, which produces 16% of the UK’s transport fuel demand, processed...
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News
New $150m receivables portfolio for Essar
...will be used for working capital and general corporate purposes. The successful closure of this financing highlights the banking community’s confidence in EOUK, building on its financial performance and market...
Insight
Downstream future: decarbonisation, collaboration and digitalisation
...Zero Transitions’ – highlighted the need for the sector to make immediate changes. If pressure from industry bodies isn’t enough, there is also financial pressure from banks and investors who...
Interview
CDS: 50 years of powering customer success
...which, unsurprisingly, did not exist. Working with this distributor, Bill wrote software which would allow the creation of customer records, entry of orders, printing of stationery and posting of financial...
Interview
Preparing for the red diesel rebate changes
...and, with the changes due to come into effect in April 2022, businesses have little time to be fully prepared despite the inevitable significant financial impact. As David highlights: “There...
Knowledge
Managing costs: minimising fleet insurance premiums
...reduce work-related road risks and costs as well as improve compliance. The figures revealed that implementing a road risk management program can bring substantial financial benefits. A road risk management...
News
1st October – Debt Pre-Action Protocol
...attempt mediation or Alternative Dispute Resolution (ADR) before taking court proceedings Failure to comply with the Protocol could mean financial penalties to either party and possibly to the Creditors and...
Insight
In a turbulent sea, the clean energy transition proves surprisingly steady
...drop. Despite a year of tough headlines, a record amount of offshore wind capacity also reached financial close,” said Meredith Annex, BNEF’s Head of Clean Power and co-author of the...
Opinion
OFTEC: Time for open debate on off grid heat decarbonisation
...suffer severe financial consequences, warns OFTEC. Up until now, government has given out mixed messages on its approach to cutting emissions from off grid heat, using the term ‘technology neutral’...
Opinion
Government’s ‘Game of Thrones’ threatens vital climate change measures
...not only bad for the economy, but potentially disastrous for the environment. Financial experts have warned that new Chancellor Jeremy Hunt faces ‘scary’ decisions on spending after undoing swathes of...
Knowledge
Cyber Risks: improving your cyber resilience
...to have access to specialist advice and a financial safety net should that life- support get interrupted? Notes: https://www.ncsc.gov.uk/report/weekly-threat-report-4th- march-2022 https://www.gov.uk/government/statistics/cyber- security-breaches-survey-2021/cyber-security-breaches- survey-2021 The sole purpose of this article is...
News
Logistics UK hosts decarbonisation panel
...included decarbonisation strategy and planning for logistics businesses, enabling green procurement, financial instruments and investment programmes, and measuring Scope 3 emissions. Kate Jennings, policy director at Logistics UK, commented: “The...
News
Red diesel rebate change – the unwelcome impacts and contradictions
...diesel at 90p per litre, compared with £3,500 for red diesel valued at 140p. Staggering cost increases For those unable to choose, the financial impact of the move from red...
News
Mercuria acquires Roadgas to extend fleet decarbonisation options
...transition. Financial support and supply certainty Roadgas has built 30 LNG, CNG, and LCNG fuelling stations in the UK and operates a number of truck and bus gas fuelling stations...
News
Products for a greener sector
...in a reduction of our carbon footprint and fuel costs.” John O’Callaghan, financial controller at new recruit, East Cork Oil, adds: “We have a very dynamic operation. When you run...
Knowledge
Creating business value through a clear roadmap
...or Business Exit. Finding the route ahead Acquisition is a common way to expand geographical influence and increase volumes in the sector. Additionally, strategic acquisitions can deliver enormous financial benefits...
News
September 14 update
...an independent Scotland where oil is only part of a balanced economy made up of manufacturing, technology and financial services. But the facts would say otherwise. In 2012, the Oil...
News
Lewis Tankers ahead of business plan
Latest figures released by Lewis Tankers show a much improved financial performance for 2011. Revenues grew 53% over the previous year to £11 million, and there was a 90% improvement...