Opinion
Free oil? Not today …
...price. And anyway, Oklahoma is a long way from the UK. It is also important to understand who uses oil futures contracts and Mark elaborates; “They are used by oil...
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Insight
The downstream oil market landscape of Ireland in the 2020s
...Oil. In 2018, Irving Oil acquired large independent, Tedcastle Oil Products (TOP), providing it with a distribution terminal in Dublin as well as a substantially expanded market reach. The refinery...
Interview
Value Oils: leader in online fuel distribution
...at competitive market prices. “Now trading under the registered brand name ‘ValueOils.com’, the company runs a successful, independent online home heating oil price comparison website across the whole UK. The...
Insight
Security of oil supply in the fuel distribution sector
...oil requirements; for the UK it accounted for around 10% of total crude oil imports and around 18% of diesel requirements. In March of this year, IEA countries agreed to...
News
A feeling of insecurity?
...has meant increased import reliance, making the UK price for heating oil increasingly reflective of international events. As North Sea output declines further, forecasts from the UK government show that...
Opinion
North Sea oil and gas must address challenges to mitigate energy crises
...zero, with regional oil and gas producers in Denmark, Norway and the UK deliberating over oil and gas transition pathways that will be vital to national, regional and global climate...
Interview
Why are new UK oil fields essential to a sustainable future?
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK) who shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
News
February 2016 update
...of the crude oil sold around the world. The vast majority of crude oil is sold at a discount to these two grades. So when we talk about $20 a...
News
With a little help from our friends and family
...Fuel Oils told Fuel Oil News editor, Jane Hughes. One of the newest entrants into fuel oil distribution, Standard Fuel Oils is based in Merseyside. Twenty-eight year old Nick has...
Insight
A look at the shape of the future UK downstream oil sector landscape
We are living through a time that has heralded much change and, before considering the future evolution and shape of the UK downstream oil sector, we will remind ourselves of...
News
New $150m receivables portfolio for Essar
Essar Oil UK (EOUK) has successfully completed the financing of a $150 million receivables portfolio with Hamburg Commercial Bank AG (HCOB) and Mizrahi Tefahot Bank Ltd (UMTB). This new facility...
Opinion
UKPIA welcomes investments in hydrogen
...for manufacturing processes. As part of this announcement, it has been confirmed Essar Oil (UK) Limited will receive a grant of over £7 million towards the upgrade of a distillation...
News
Stanlow Terminals and Eni UK team up to deliver CO2 transport and storage projects
Stanlow Terminals Ltd (Stanlow Terminals), the UK’s largest independent bulk liquid storage provider has signed a Memorandum of Understanding with Eni UK Ltd (Eni UK), the UK subsidiary of global...
News
Latest people moves within the fuel distribution industry
...waste as part of the business’ growth strategy. Essar Oil (UK) Ltd Larry Khanna has moved into a new position as Head of Business Development at Essar Oil (UK) Limited....
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....
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...
News
Heating oil’s future – making a difference
...million homes across the UK that use oil for heating. The FPS is urging the 1.2m homeowners in the UK who use heating oil, to take part in the government’s...
News
Major investment at Essar
The installation of the giant new regenerator head will give the refinery unit another 25 years of life Essar Oil (UK) recently completed the successful lift of a giant new...