News
Additional help for off-grid customers?
To open further discussions between government and industry on the subject of oil heating and oil buying groups, the Federation of Petroleum Suppliers (FPS) has written to MPs and energy...
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Opinion
We’ll meet again: oil to gas price gap shrinking rapidly
With the spread between natural gas and oil contracting rapidly, Bjarne Schieldrop, chief commodities analyst at SEB, thinks that a bullish tailwind for oil is at risk and right now both...
News
Cyberattack effect on oil prices
...vulnerabilities within US infrastructure. Why do oil prices vary? Oil prices vary from day to day, but when an unexpected event occurs that causes disruption in the supply chain, drastic...
Opinion
A New Year’s wish for joined up thinking for fuel distribution
...that it would benefit heating oil users. Joining the dots The industry welcomed the news that one government department saw the value in this for UK heating oil customers. Now...
Opinion
OMJ anticipates oil market movements
Amidst a global lockdown resulting in less and less demand for oil, the oil market has been in turmoil. Ian Moore, director of the Oil Market Journal (OMJ) shares his...
Insight
Free advice for Welsh businesses in preparation for March 2020 deadline
...Pollution (Oil Storage, Wales) Regulations 2016 require any above ground oil tank over 200 litres to be provided with 110% secondary containment by April 2020. Also known as the Oil...
News
Simon – investing in our infrastructure
...since shipping moved from coal to oil. Government sponsored Navy oiling stations around the world provided physical impetus for the change from coal to oil burning ships of the line...
Interview
Preparing for oil off Ireland
...the oil industry producing talented individuals who are specifically trained to further strengthen the oil industry. Worldwide it can be hard to attract people to oil and gas exploration. With...
News
A lubricants package that delivers
...staff training. “For the first time in over 7 years of wholesaling other brand engine oils we can finally see profits in small pack engine oil. Previously our oil brands...
News
OPEC+ continues oil production cut in uncertain market
...into effect today, 5 December, in an already churning oil market. Speaking after yesterday’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “The decision by OPEC+...
Opinion
UKIFDA urges UK Government to reconsider red diesel entitlement deadline
...a time frame that meets net zero and maintains food production too. “With regard to non-commercial heating being excluded, red diesel has a very limited use for domestic heating and...
Opinion
Industry responds to government hydrogen plans
...ground source heat pump organisation, welcomes the growth of the green industry, but urges leaders to focus on existing technology, such as heat pumps that can decarbonise home heating at...
News
Wanted – a total rethink on the UK’s low carbon heat strategy
...position to make the large leap towards wholly renewable heating,” said OFTEC director general Jeremy Hawksley. Working towards a low carbon future for heating Committed to working towards a low...
News
Industry unites to discuss the future of liquid fuel heating
...for Heating and Oil Technology (IWO) will also talk low carbon liquid fuel options identified in a study conducted by the University of Freiburg, while Andrew Robertson, co-founder of renewable...
Opinion
Could electrification decarbonise petrochemical refining?
...to use electric process heating systems with far fewer size constraints than energy and environmental engineers previously imagined and secondly, the control of these megawatt size heating systems is demonstrated...
News
A future framework for heat in buildings: call for evidence
...has welcomed this dialogue with BEIS which follows a roundtable discussion on government plans to decarbonise heating from the 1.2m homes and 250,000 businesses across the UK currently using oil...
News
A more diverse energy era for OFTEC
Adrian Lightwood – “The Heating and Renewables Roadshows present an excellent opportunity to showcase OFTEC’s new scopes of registration” The Oil-Fired Technical Association (OFTEC) is to showcase its new scopes...
News
Buy your heating oil early urges FPS
...said: “In winter, the UK can experience shortages of heating oil at terminals. Demand is obviously governed by the weather and a prolonged cold snap, means that the terminals are...