News
A victory for oil heating
...the necessary lead time to implement any product changes. “The proposed penalty for non-modulating domestic oil-fired boilers has also been removed, which was also a significant threat to the oil...
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News
Growing business in Ireland
In a multimillion-euro deal, Canadian Irving Oil, which owns the Whitegate refinery in Cork, has acquired Top Oil (formerly Tedcastles Oil Products), the brand owned by the Dublin-based Tedcastle Group....
News
Additional help for off-grid customers?
...lowest quote, as some of these high prices are just not feasible.” A copy of the Best Practice guide to Oil Buying Groups is available on the Oilsave website www.oilsave.org.uk...
Interview
One man and a tanker
Celebrating 20 years in business, Jerry Cosgrave and Leon Byrne beside McConville Oil’s tanker McConville Oil is run by Jerry Cosgrave who took over the business from his father-in-law Dermot...
News
A proactive approach in a contango market
...providing an additional 40,000 cubic metres of oil storage. New developments – the installation of mixers/blenders in heated fuel oil and vacuum gas oil (VGO) tanks and radar-based tank gauging...
News
The UK’s downstream oil industry brings major economic benefits
...of the UK downstream oil sector report is available at http://www.ukpia.com/publications or in hard copy on request from the UKPIA press office. UKPIA represents eight oil refining and marketing companies that...
News
Argus partners with OMJ to add transparency to downstream fuel prices
Having agreed a partnership that will see its clients benefit from greater insight and market transparency, Oil Market Journal (OMJ) will now distribute Argus prices to its clients, including key...
News
QM Recycled Energy unveils new HQ
...plastic in lieu of using feedstocks from fossil fuels. Tim StClair-Pearce, QMRE CEO, said: “This is a highly significant chapter in the development of QMRE’s nationwide network of plastic waste-2-oil...
News
Future fuel ready tanker is Fuel Oil News Tanker of the Year
...title of Fuel Oil News 2021 Tanker of the Year An independent distributor, Kettlewell Fuels has been on the road since 1987, delivering domestic heating oil, agricultural gas oil and...
News
Thoughts on fuel prices – November in review
...the other being China and India’s switch to Russian oil. China’s Zero-COVID policy As mentioned last month, demand from China has a significant impact on the oil price. Despite growing...
News
Distributor diaries August – the latest updates from our distributor community
...Oils – supporting their community Nolan Oils, the Bicester-based fuel distributor, is always keen to support and help their local community. Over the last 12 months, they have sponsored and...
News
Domestic heating oil users urged to place orders now
...oil users. In a statement on behalf of the liquid fuel industry trade association Ken Cronin, CEO commented: “We welcome the increased support to £200 for heating oil customers this...
News
The Prax Group to purchase Lindsey Oil Refinery
...integrated across the oil value chain from upstream to downstream,” said Sanjeev Kumar, CEO of the Prax Group. “Acquiring Lindsey Oil Refinery is a natural progression for the Prax Group,...
Opinion
Stick or Twist: oil services have crucial choices to make as energy transition accelerates
...for the transferability of skills between oil and gas and low carbon, this is not always easy or evident. All oil services companies have core capabilities in particular areas –...
Insight
Industry data: the latest update from the UKIFDA databank
...Temperature review Update on the diesel, gasoil and heating oil consumption to the end of March 2023. Update on prices of heating oil to the end of April 2023 Recent...
News
Prax Group agrees purchase of Total Lindsey Oil Refinery
The Prax Group has signed an agreement with Total to purchase Lindsey Oil Refinery and its associated logistic assets. With a strong track record of integrating acquisitions and managing assets...
News
BP to cut 10,000 jobs as virus hits demand for oil
...squarely at the door of the drop in oil prices and the global collapse in demand for oil owing to the coronavirus pandemic as he told staff; “You are already...
News
New leadership team at Lifecycle Oils fuels expansion plans
Used cooking oil collection, recycling and green fuel generation specialists, Lifecycle Oils, has appointed a new leadership team as part of its ongoing investment, expansion and growth programme. Adam Thompson,...