News
UK road fuels – competition is ‘working well’
...rises in pump prices for petrol and diesel over the last ten years have been caused largely by higher crude oil prices and increases in tax and duty and not...
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Opinion
Hydrogen (H2.0): a new dawn?
...around. Hydrogen stocks have now become an established investment class, reflected by blue-chip equity funds and long-term asset managers within their shareholder registers. In late 2019 share prices jumped similarly...
Opinion
Fuel duty freeze welcomed across sector
...move smoothly. Increasing fuel prices already risk economic recovery Brian Madderson, PRA chairman, commented: ”The levy has been frozen at 57.95ppl for petrol and diesel since March 2011,” he said....
Analysis
In review: the 2022 tanker market
...at the price when we’re ready to build.” Fluctuating component costs It’s the same at RTN, where Adrian is hoping that aluminium prices will stabilise this year and also highlighted...
News
Food-based biofuels to be capped
...4.5%. Biofuels produced from oil crops can give out more carbon emissions than diesel, and cause higher food prices. Connie Hedegaard told the Guardian: “We cannot morally afford to build...
News
Red diesel rebate change – the unwelcome impacts and contradictions
...duty change so it’s having a massive impact on us and our customers as we’re having to charge more money. “We can only cope by putting our prices up which...
News
Manx Petroleum – Fuelled with island spirit
...UK downstream has seen Manx Petroleum go through a period of transition leading to the creation of a new brand identity. To learn more, Fuel Oil News visited the company...
Opinion
Logistics operators report escalating costs as fuel prices soar
...than six in ten saying that both air and international road freight rates had also increased substantially. Fuel cost increase is impacting demand Bulk diesel prices, which constitute about 30%...
Opinion
Calls for ‘vital’ fuel tax cut to remove inflationary pressures on distributors
...fuel is key in the delivery of goods across the UK’s economy, and the knock-on effect of sustained prices will be increased costs for consumers and businesses: “77% of all...
News
Government urged to set achievable SAF targets and consider impacts on kerosene supply
UKPIA is calling on the UK Government to set an achievable target for the amount of Sustainable Aviation Fuel (SAF) used by UK airlines in 2025 or risk higher prices...
News
Ready for a top up?
...said transport manager, Mark Mackenzie. “It’s becoming less popular as everyone’s pushed further into comparing prices for everything. When prices didn’t change every five minutes you’d find a much more...
Opinion
CIA President speaks out against the UK Government’s lack of energy policy
...throughout the UK.” He said: “Oil flows through the system have declined by a dramatic 40%, meaning that the country is becoming ever more reliant on imported oil and gas. It puts...
News
Distributor diaries – latest updates from our fuel distributor community
...greener energy solutions.” Full story here. East Cork Oil abandons acquisition plans One of Ireland’s largest distributors, East Cork Oil, is not proceeding with its planned acquisition of Kerry- based...
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...
News
Crown Oil completes acquisition of Star Oil
North West-based Crown Oil has strengthened its brand in the North West after acquiring an £18m-turnover oil supplier. The Greater Manchester company, part of the £420m-turnover Crown Oil family of...
News
Distributor Diaries January 24: the latest updates from our distributor community
...incredibly proud of the level of support shown by the staff here at Crown Oil.” Compass Fuel Oils supports Galloways Society for the Blind Compass Fuel Oils, the Penwortham-based fuel...
News
Fair price award for Isle of Wight Fuels
...oil buying groups in particular. These individuals, suppliers and organisations went the extra mile and certainly thought way outside the box to help make community oil buying an even bigger social...
News
Chandlers Oil & Gas – Playing to our strengths
Established in 1935, Chandlers Oil & Gas now has six depots – Grantham, Lincoln, Retford, Spilsby, Spalding and Corby. Started 76 years ago by Des Chandler, Tom Caunt and Joe...