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News

Deal could see key hydrogen role for Fawley

...area’s industrial sector and stimulate the local economy, while helping reduce emissions from domestic heating and transport. Hydrogen production could commence as early as 2030 The study estimates that carbon...

News

Could heating oil prices be frozen?

...in Cyprus. The UK Continental Shelf continues to be a key contributor to both the nation’s supply-demand balance and also the economy. There were some particularly positive supply developments with...

Opinion

Highs and lows of the oil price drop

...changing supplier is not quite so straightforward.” The future of oil Whilst the industry waits for the outcome of the pandemic on the economy, like everyone else, Carol Bell, an...

News

Prax Group agrees purchase of Total Lindsey Oil Refinery

...determination to support the local economy and the wider community. “The Prax Group’s long-term strategy is to be fully integrated across the oil value chain from upstream to downstream,” said...

News

Grenadier to be built in Wales

...which has a long history of skilled manufacturing expertise,” said Welsh government economy and transport minister, Ken Skates. “The Welsh government has worked closely with the company to make this...

Opinion

E10 to fuel UK’s journey to net zero

...to the UK economy. It supports thousands of jobs both directly and in the supply chain, and as well as providing clean fuel, it produces an animal feed by-product. It...

News

Credit where it’s due

...John Reynolds Group. “Pre-recession days had seen credit insurance companies operating in a relatively benign economy. Claims levels were easily manageable, premiums were very low and the amount of cover...

News

IPRA welcomes excise freeze

...to the finance minister urging caution in this matter and we suggested that the excise rates should not be equalled as it would be detrimental for the Irish economy, rural...

News

Portland Market Report – oil prices

...thinking was that just as oil production was increasing, the global economy was showing sure signs of a slow-down. We also pointed out that OPEC’s surprisingly steadfast cohesion, was now...
Tim Doggett of the CBA addresses the challenges in the chemical supply chain

Interview

The chemical supply chain: addressing ongoing challenges

...economy. Logistics, in particular, is considered an unattractive field. The occupation has generally had a poor perception, including long hours, poor pay, and difficult working conditions and, furthermore, it is...

News

The Prax Group acquisition, appointments and securitisation

...trusted partner of Total.  The acquisition of the refinery will bring about new investment and underlines the Prax Group’s determination to support the local economy and the wider community, whilst...

News

TRA proposes removal of HVO measures

...existing heating fuels. TRA chief executive Oliver Griffiths said: “The TRA’s findings on biofuels shows how we can tailor existing measures to better suit the UK economy. Our proposals would...

News

September 14 update

...an independent Scotland where oil is only part of a balanced economy made up of manufacturing, technology and financial services. But the facts would say otherwise. In 2012, the Oil...