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Understanding compulsory oil stocking obligations for the UK

Insight

Compulsory oil stocking obligations: a UK update

...producing country, this meant that the UK had to hold 61 days of average daily inland consumption, for both energy and non-energy use. On top of this amount, the EU...

News

A low carbon economy by 2050?

The UK’s sensitivity to oil and gas price shocks could be reduced by using low-carbon forms of electricity generation, claims energy secretary, Edward Davey. By 2050, the negative impact that...

News

Raw deal for rural renewables

...the Energy Saving Trust’s online ‘home energy generation selector’, costs and energy savings were calculated across a range of renewable technologies for a typical three-bedroom cottage in east Anglia, currently...
Claudia Weeks talks to Simon van Lonkhuyzen, Managing Director at TEC.

Interview

TEC: driving forward through innovation

...“As many contributors have outlined previously, with the transition to renewable energy, the industry faces the challenge of adapting to a changing energy landscape, with a decrease in demand for...

News

Full of energy at Craggs

Full of energy – the Craggs Energy 50 milers who recently raised £2,701.27 for charity Last month 13 members of the Craggs Energy team laced up their walking boots and...

News

The Prax Group acquires Total oil terminal

...towards making Harvest Energy Marine a leading player in the global marine market.” Geert Boden, general manager of Harvest Energy Marine, said; “As we continue to serve customers from right...

News

Acquisition funding secured as Craggs welcomes new CFO

...Craggs Energy Group was established in 2011 with the creation of Craggs Energy Limited a regional kerosene, red diesel and other fuel distributor originally based in West Yorkshire but now...
OPEC+ announces steeper than anticipated oil production cuts of 2 million bpd creating a clash with the West as U.S. President Joe Biden calls the surprise decision ‘short-sighted’.

Opinion

Fuel price fears as OPEC+ cuts oil production

...meeting to be pre-emptive.” With the West accusing Russia of weaponising energy and concerned that higher energy prices will hinder efforts to deprive Moscow of oil revenue, Saudi Arabia also...