News
A positive story for the UK
A newcomer to the UK, the Valero Energy Corporation entered the UK market last summer following its acquisition of Chevron assets including the Pembroke refinery, pipelines, terminals, an aviation fuels...
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Opinion
Transitioning from oil to renewables – cost or investment?
We hear from Neste after a decade of transitioning from a regional oil refinery to a global leader in renewable solutions to see if the investment is paying off. Neste’s...
News
Building a retail network at Essar
...been agreed and these will be rolled out over the coming months. This is the first time the company, which owns and operates the Stanlow oil refinery, has supplied product...
News
Committed to the growth of the UK’s oil and gas economy
Essar Oil UK continues to invest at Stanlow and has expanded its UK retail network to 46 sites Essar Oil (UK), which owns and operates the Stanlow Refinery, has announced...
News
Slicker shortlisted for waste oil recycling
...launched a £70 million base oil re-refinery in Denmark, last July, as part of a joint venture with its German partner, Avista AG. Through the Danish facility, used lubricating oils...
News
Stanlow – new long term working capital funding facilities
Essar Oil UK’s Stanlow refinery, which has reported ‘strong results and healthy financials’ produces approximately 15% of UK transport fuels, including three billion litres of petrol, 3.5 billion litres of...
News
New import terminal for oil products at Coryton
...maintenance, security, engineering, truck driving and construction”. “To continue operating as a refinery, some hundreds of millions would have needed to be invested in the plant, and unfortunately this...
News
No deal for Coryton
In the absence of any serious buyer interest, Coryton’s fate now looks sealed. DECC is, however, keeping in ‘close contact’ with PwC, as the refinery’s administrators look at further options...
Interview
Essar Oil UK Ltd: from manufacturing complex to energy park
...the supply of energy to the country. Carlos elaborated: “Our footprint is the refinery, but we also have a state-of-the-art terminal here that is capable of loading 26 million litres...
News
Oil trader expands into physical assets
The world’s largest oil trader, Vitol has teamed up with Marcel Van Poecke, co-founder of Petroplus, to buy the Cressier refinery in Switzerland. Petroplus administrator, Wenger-Plattner reported last week that...
Interview
In Profile – Luc Smets
In the August edition of Fuel Oil News magazine, we chatted with Luc Smets, general manager at Prax Lindsey oil refinery, to discover more about the man behind the industry...
Analysis
World Fuel Services – spreading the word
...Tees refinery leaving no refinery between Grangemouth and Immingham. Providing storage on the Tyne has enabled World Fuel to better serve the domestic, aggregate, mining and agricultural sectors in particular....
News
Milford Haven – frustration and regret
...had collapsed last week. “For the past four years we have worked tirelessly to secure a positive outcome for the future of the refinery and our workforce. Unfortunately, and despite...
News
A feeling of insecurity?
...in the US, Russia and Asia, although these regions themselves have had a few mixed years. Many sources in the industry are predicting that further European refinery closures can be...
News
Stanlow refinery could be target of Just Stop Oil disruption
Essar has warned of ‘potentially disruptive action’ this week by a group opposed to new fossil fuel licensing and production and has said the company will be they will be...
Market Report
Is this really the end of the road for Grangemouth Refinery?
News
Prax group enters North Sea market with successful acquisition of Hurricane Energy
Owner of the Lindsay Oil Refinery, the Prax Group, has announced the strategic acquisition of UK-based exploration and production company, Hurricane Energy, in what it describes as ‘part of a...
News
Essar maintains RoSPA gold with exemplary safety performance
...health and safety performance at its Stanlow refinery in Ellesmere Port. The annual awards, organised by the Royal Society for the Prevention of Accidents, are the longest-running industry awards scheme...