News
Ministers urged to secure future oil refining capacity
...oil refineries in the UK. “We consider the oil industry to be critical to the UK economy. In an increasingly unstable world where new supplies of crude oil will need...
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Interview
Negotiating the swings and roundabouts of fuel distribution
...from Donall O’Connor, Value Oils in last month’s Fuel Oil News) Numerous consumers now keep a couple of drums and refill these at forecourt kerosene pumps for a minimal premium...
News
Dealing with price volatility
...oil trading centres in Londonand Rotterdamgives us a unique insight in to market thinking and oil intelligence.” wwwfuelpricesonline.com The WP Group has used the service for over 10 years. Managing...
Interview
Oil v gas
...likens the presence of gas to the new competition posed by the selling of home heating oil on forecourts. The Northern Ireland Oil Federation (NIOF) has little doubt that the...
News
US oil price falls below zero for the first time in history
The leading representative body for the UK’s offshore oil and gas sector has warned the latest oil price developments could fundamentally undermine the ability of the industry to recover and...
Market Report
Prices and predictions: how are we faring?
A little bit later than usual (because of the recent election frenzy), this month’s report will look at how the oil markets have fared since the beginning of the year,...
News
A Wild Wednesday at the Fuel Oil News Distributor Debate
...Mark Nolan (7) of Nolan Oils, seen among many familiar faces, was spurred on by Jeremy’s call to fight for oil heating and is actively promoting the campaign in the...
Opinion
In the light of the Purvin & Gertz report discussed in FON’s July issue, are you worried about the UK’s refining resilience?
...the recent Energy and Climate Change Committee Inquiry: UK Oil Refining recognised the importance of oil products and UK refining to the UK’s economy. The report supported many of the...
Analysis
Harvest Energy – change, challenge and opportunity
...is hard work but the work offers good regular volumes,” Simon said. “Specification changes in gas oil have driven growth for us. The whole gas oil market is very interesting. ...
News
Drop in oil product demand highlighted in industry review
...fuel oil production which rose by 5%. Despite the effects of the pandemic, the 10-year average proportion of refined product production has not been affected and heating oil remains 3%...
Market Report
Disrupting the sector: the new Nigerian super-refinery
...oil producer in Africa (15th in the world), but it also has the 10th largest oil reserves on the planet. At the same time however, those same casual observers would...
News
Agreement will see UK oil production facility powered by wind
...to create one of the UK’s first oil and gas facilities powered mainly by offshore wind. The deal will deliver the UK’s first Floating Offshore Wind unit manufacturing and assembly...
News
Oil price rises over $70 a barrel
...the economic revival will be soon coupled with oil demand recovery,” said Tamas Varga, an analyst at PVM oil brokerage in London. He cautioned, however, that the recovery still faced...
News
Oilfast extends exciting partnership to support more dreams
...from low-income backgrounds to participate, Oilfast launched the Oilfast Trust Fund to offer two scholarships. The Oilfast Trust Fund: A commitment to equal opportunity James Hughes, Business Development Manager for...
News
New standard publication will ensure sustainability of liquid fuels for immediate home heat decarbonisation
...of renewable liquid fuels such as Hydrotreated Vegetable Oil (HVO) as part of its commitment to offer low carbon heating solutions for off-gas grid buildings. The specification sets out: That...
News
Bolstering onshore oil and gas
Tony Smith brings over 30 years’ experience in the oil and gas sector to the Peel Gas and Oil team. Peel Gas & Oil, a member of United Kingdom Onshore...
News
Great news for oil boilers
Grant Vortex oil boilers continue to hold their position as the No.1 choice in the UK whilst the Worcester Greenstar oil boiler range has obtained Which Best Buy status for...
Opinion
Ken’s Corner: A week is a long time…
...heated by oil. How Ireland is heated Source: Census 2022 A significantly higher proportion of oil heated homes are in rural areas compared to all homes in Ireland. 28% of...