Opinion
The price quoted is the price the customer pays?
...have reasonable storage so if the price flies away from us we’re able to absorb it fairly easily. We don’t fix the price for an entire week but instead review...
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Opinion
Transition Talk – Energy sector: prospects and challenges – can the UK be a global leader in clean energy?
During the Energy UK Annual Conference in September, Craig Hoggett, Partner at Newton, a strategic consultancy, posed the question: “Is there any reason the UK could not lead the world...
News
New jobs and a home heat campaign at Topaz
...Topaz has 330 sites throughout the country, 120 company owned. One of Ireland’s largest privately owned companies, it has an annual turnover of €3 billion and currently employs 1,600 people....
Market Report
Disrupting the sector: the new Nigerian super-refinery
...$ reserves, whilst simultaneously reducing foreign exchange costs. The Central Bank of Nigeria estimates foreign exchange savings of between $25bn – $30bn annually, as a result of producing and selling...
News
Downstream chief executive Tufan Erginbilgic to leave BP
...delivered over $5 billion in underlying annual earnings growth and expanded in fast-growing markets, retail partnerships, electric vehicle charging and use of bioproducts. “Under Tufan’s leadership, BP’s Downstream has been...
News
Government confirms Revenue Certainty Mechanism to boost SAF production
...the transition. For passengers, the impact is expected to be minimal – with an estimated annual cost increase of just £1.50 per customer. The government plans to launch the RCM...
News
Charging network offers forecourt owners support to transition to EV hubs
...charging hub, with multiple 400kW chargers, which it will then operate as part of its growing network. Former petrol station owners may get a cut of the annual turnover from...
News
Cheaper heating bills for oil households
...gas grid homes. According to the Sutherland Tables, a recognised source of data on comparative UK domestic heating prices, the current annual cost of using oil to heat a three...
News
Major milestone reached with Liverpool Bay carbon capture project
...of England and North Wales. The system is designed to store up to 4.5 million tonnes of CO₂ annually in its first phase, with plans to scale up to 10...
Insight
Transition talk with Peter Davidson of the Tank Storage Association
...measure applies to operators or facility owners with an annual capacity over 500,000 tonnes. New technology In addition, Part 4 of the Act covers new technology. For example, the Act...
News
Rebranded JET tankers support Road Safety Week
...part of Jet’s long-standing support for the national road safety charity, Brake. Set up in 1997, Road Safety Week is coordinated annually by Brake each November. Now the UK’s biggest...
News
Essar staff offered £30,000 “leaver incentive” package
...which it bought from Shell in 2011 for $350 million. The refinery supplies around 15 per cent of the UK’s transport fuels, which equates to an annual production of more...
Market Report
Why a lack of both infrastructure and green production leaves hydrogen-fuelled vehicles a ‘grey’ area
...distribution. Broadly speaking, green electricity can be plugged straight into the grid, whereas getting hydrogen to the consumer requires complex and far-reaching infrastructure. In the UK, our annual road fuel...
News
Dunraven celebrates awards success
...the annual Louth County Business Awards. Gerry Jones, managing director of Dunraven Systems, said: “We’re delighted to win this award, which is a testimony to the hard work, effort and...
News
Gulf Retail wins global award
...December Last month Certas Energy received the accolade of Gulf Oil Best Fuel Partner of the Year from Gulf Oil International at its annual conference in Dubai. The award recognises...
News
Another energy giant expands interest in biofuels
...the world. ExxonMobil’s majority-owned affiliate, Imperial Oil Ltd., is moving forward with plans to produce renewable diesel at a new complex at its Strathcona refinery, and ExxonMobil expanded its agreement to annually purchase up...
Insight
Association stats show steady progress towards net zero
...evolving remit to champion low carbon fuels as well as traditional petroleum products. We also seized the opportunity to change the name of our annual statistical publication series, now called...
News
Liquid fuel distribution sector to benefit from new format event in 2023
...still want to attend an annual event – hence the tailoring of the new one-day event in line with delegate and exhibitor feedback. And in 2024, we will be back...