Insight
Association stats show steady progress towards net zero
...Elizabeth de Jong, chief executive officer, Fuels Industry UK. It’s been an exciting year of progress which saw our name change to Fuels Industry UK from UKPIA, to reflect our...
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News
Workforce investment essential to Essar’s low carbon future
...site to qualify with BTECs in Science Industry Maintenance, Science Manufacturing and NVQ Diplomas in Process and Maintenance Engineering. Mark Pennifold, chief people officer at Essar said: “The work that...
News
On the right route – Phillips 66
...and chief executive officer, Greg C Garland, as the downstream business split from the ConocoPhillips name in May. Wishing to learn more about the transition to this ‘advantaged downstream company...
News
The Prax Group acquisition, appointments and securitisation
...HSBC Bank plc as Arranger, with HSBC Bank UK plc, Citibank N.A., JPMorgan Chase Bank, N.A., and Royal Bank of Canada as senior note purchasers. Robin Edwards, chief financial officer...
News
MFG in The Sunday Times Top Track 100
...a great acknowledgement of the hardworking performance of the whole MFG team,” said William Bannister, MFG’s chief executive officer. “Looking forward, I am confident that with our recent acquisition (21...
News
Fourth acquisition for RSK
...fourth of this financial year. RAW, which specialises in inland oil spill response and remediation, operates worldwide from 16 offices in the UK and Ireland. Its clients include insurance companies...
News
Acquisition funding secured as Craggs welcomes new CFO
The Craggs Energy Group has appointed a new chief financial officer and is actively seeking several acquisitions across the North of England. Picture shows (Left to Right) CFO Jason Sharp...
News
Lhyfe announces plans for UK green hydrogen plant
...Council in the spring, with a programme of community engagement underway. The project is subject to obtaining notably building permission and a financial investment decision. Taia Kronborg, Chief Business Officer...
News
UKIFDA EXPO proceeds tackle fuel poverty
...“We are delighted to announce our plans to donate £2,000 to NEA from the profits of our UKIFDA EXPO 2021,” says Ken Cronin, UKIFDA chief executive. Ken Cronin, UKIFDA chief...
News
Logistics UK’s chief executive recognised by the queen in new year’s honours
David Wells, Chief Executive of business group Logistics UK, has been awarded an OBE in the New Year’s Honours list, for services to transport and logistics. Wells, 56, who has overseen the...
News
Suspected illicit fuel seized
Earlier this month more than 80,000 litres of suspected illicit fuel was seized following a three-day operation by HM Revenue and Customs (HMRC). Officers temporarily closed four petrol stations in...
News
Fuel fraud arrests and sentences
...arrested and 55,000 litres of fuel seized, as part of an ongoing HMRC investigation into a suspected fuel smuggling fraud worth an estimated £3 million in evaded tax. HMRC officers...
News
UKIFDA challenges Irish government on biofuels
...Varadkar and Micheál Martin sharing the Taoiseach over the 5 year period but urge consideration of alternative home heating solutions in the future energy plan. UKIFDA chief executive Guy Pulham...
Opinion
Fuel price fears as OPEC+ cuts oil production
...to the end of 2023. A volatile market Walid Koudmani, chief market analyst at financial brokerage XTB comments: “WTI crude futures are trading around $88 per barrel on Thursday after...
Opinion
Energy bill support welcome but raises questions over cost and timescale
...Koudmani, chief market analyst at financial brokerage XTB comments: “The cap on wholesale energy prices was desperately needed for businesses with the high street especially facing a cold and dark...
News
Industry welcomes Chancellor’s £20bn backing for carbon capture and storage
...of CCUS projects in the advanced stages of development, waiting for the green light from the government in order to secure financial backing. Unveiling the financial package, the chancellor, Jeremy...
News
Fuel and food continue to deliver for NWF
...been an element of volume recovery, albeit still lower than prior year. Richard Whiting, chief executive of NWF said: “We have delivered a very strong first half performance, despite volatile...
Opinion
Massive spring hike in fuel duty would add £5k pa to truck running costs
...represents the sector. Avoiding scrutiny David Wells OBE, chief executive of Logistics UK, which represents 20,000 members from all sectors of the industry, is alarmed that a proposal of such...