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News

‘A real thirst for expansion and growth’ at Aztec Oils 

Derbyshire–based Aztec Oils recently completed the acquisition of the lubricant, pre-packaged fuel and contract packing business of Multispec Limited – formally Caldo Oils – for an undisclosed sum.  (l-r) John Longstaff, BHP Corporate Finance; Andrew Fielder, Banner Jones; Mark Lord,  and Janis Hartshorne, Aztec Oils; Matthew Chenery, Barclays and Katie Ash, Banner Jones Aztec...

News

Approval for Greenergy’s Inver Energy acquisition

The acquisition of Inver Energy raises ‘no competition concerns’ says the European Commission Under the EU Merger Regulation, the acquisition of Inver Energy by Greenergy International was approved by the...

News

INEOS completes Forties Pipeline acquisition from BP 

The Kinneil oil terminal and gas processing plant which is part of the acquisition from BP The completion of the deal, which also includes the Kinneil terminal, consolidates INEOS’ position as a top ten...

News

Essar – fuelling growth ambitions in the UK

...phase of its strategic business development, with the announcement of the acquisition of a number of assets from BP. Under the agreement, Essar will acquire an equity stake in the...

News

Navigator Terminals completes acquisition

...major UK ports including Seal Sands on Teesside pictured here Navigator Terminals has completed the acquisition of Royal Vopak’s UK facilities at West Thurrock (Thames), Seal Sands (Teesside) and Windmill...

News

HKS Holdings acquires Brobot Group

Earlier this month, HKS Holdings completed its acquisition of the Leicestershire-based Brobot Group. The family-owned group has acquired 30 filling stations in three months, taking its total number of sites...

News

RHI target – an unrealistic goal?

...simple, all-inclusive boiler scrappage scheme would go much further than the costly and complex RHI in helping the government achieve its ambitious goal of 80% less carbon emissions by 2050. ...

News

OFTEC calls on new government to be ‘more realistic’

OFTEC is calling for a ‘more joined-up carbon reduction and energy policy’ which still includes renewable technology incentives but also offers ‘more affordable measures such as a boiler scrappage scheme’...

News

Londoners urged to scrap their boilers

Boris Johnson is encouraging “everyone harbouring ancient boiler artefacts” to sign up to his boiler cashback scheme now Mayor of London Boris Johnson launched a new boiler scrappage scheme for...

Analysis

Mabanaft – majoring in innovative independence

...made acquisitions – and in Mark’s words ‘has not taken its eye off the ball’ as to potential future acquisitions and mergers.  In 2010, Mabanaft continued to diversify and moved...

News

INEOS extends portfolio with BP acquisition

INEOS has completed the purchase of the global Aromatics and Acetyls businesses from BP for a consideration of $5 billion. Already one of the world’s leading petrochemical companies this acquisition...
The Prax Group has announced plans to acquire OIL! Tankstellen from Mabanaft in latest European expansion

News

PRAX agrees deal for 340-site European forecourt network

...Tankstellen Gmbh, with the deal subject to the necessary conditions of the sale being met. The acquisition of the Hamburg-based petrol retail business will result in the Prax Group’s entrance...