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...
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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
Fuel distribution excellence recognised at superb industry event
...Oilfast and Krzysztof Malik from Certas Energy with both drivers congratulated for their own outstanding contributions. Committed to decarbonisation The Oilshield-sponsored, Green Award was awarded to Oil 4 Wales The...
Interview
CDS: 50 years of powering customer success
CDS has been delivering innovative software, technical support, and customer service to the downstream oil and LPG industries for 50 years. Claudia Weeks, content editor for Fuel Oil News, visited...
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
The UK’s refineries: past, present and future
Past: Then there were eighteen In considering the future of the UK oil refinery network, we will first make a brief digression to see how it has evolved. Three of...
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,...
Opinion
UKIFDA encourages homeowners to start biofuel transition
...adds Guy Pulham. Exercising efficiency “If consumers want to change their existing oil boiler for a new oil boiler they can still do so. We recommend switching to a condensing...
Insight
Association stats show steady progress towards net zero
...tolerance compared to those in America and Asia. Unlike crude, Russian oil products -especially diesel and gas oils – were replaced from a large mix of countries, notably India, Kuwait,...
News
Aramex UK opens new Aberdeen facility
...Oil Capital of Europe, Aramex UK has strategically chosen Aberdeen as its hub to open a brand-new warehousing facility which will serve new and existing oil and gas customers situated...
News
Crude oil supply – Essar enters new arrangement
Essar Oil UK has entered into new arrangements with Barclays Bank plc to cover the supply of crude oil to its Stanlow refinery. Under the new arrangements, Barclays will hold...
Insight
Task force to take action on UK refining and fuel import issues
...will the new Midstream Oil Task Force be able to fulfill these actions? Reflecting the government’s position on refining, the statements below are taken from the ministerial foreword from DECC’s...
News
Open to debate in Ireland
l-r From Corrib Oil in Co Galway – Tom Connolly, Gerry Mullen, Matt Stratford, Eamonn Dalton, with Neil Stewart, Stewart Oils, Co Roscommon 70% of distributors who completed the feedback...