News
Government is open for business
Keen to hear from suppliers small and large across the whole of the UK, the government’s professional procurement arm, the Crown Commercial Service (CCS), is gearing up to launch a...
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Opinion
Free oil? Not today …
...unlikely to have sold any physical oil at negative prices. The oil industry is already absorbing much of the short-term price shock by putting oil into storage, both on land...
Insight
The downstream oil market landscape of Ireland in the 2020s
...Oil. In 2018, Irving Oil acquired large independent, Tedcastle Oil Products (TOP), providing it with a distribution terminal in Dublin as well as a substantially expanded market reach. The refinery...
Knowledge
HVO – The issue of sustainability
...of used cooking oil (UCO) in the production of HVO, concerns have been raised that palm oil may be used in local markets to replace UCO that is exported for...
Interview
Value Oils: leader in online fuel distribution
...Oils? “There are many benefits for suppliers selling oil through our website, including: • They are in complete control of the pricing and delivery windows they offer and can easily...
Interview
The downstream customer
...oil and there is a premium price to be paid for last minute deliveries!” Sue reflected: “We think that oil distributors would help, but the quicker you want your oil,...
Insight
Security of oil supply in the fuel distribution sector
...of Russia’s role in the petroleum industry as the world’s second-largest crude oil producer and largest exporter of refined oil products. Closer to home, Russia supplies about 30% of Europe’s...
Market Report
The eternal influence of black gold
...oil company) and, instead, is an operating tri-venture between Exxon Mobil (45%), Amerada Hess (30%) and China’s National Offshore Oil Corporation (25%). With little experience in negotiating oil concessions, Guyana’s...
News
Father and son sentenced for defrauding oil customers
...occurring. One of the victims of the business was the Barr Hall Residential Home in Portaferry which had become increasingly concerned about its oil usage. “Police examined invoices for oil...
Market Report
Volatile grounds: How geopolitical crises shape oil price fluctuations
...per barrel. It was at this point though, that the big hedge-funds re-entered the market and bought swathes of oil futures. This obviously supported the oil price against further falls...
News
WINNER! Estuary Oils wins the 22nd Fuel Oil News Tanker of the Year Award!
...Oils (Maidment) WCF Fuels (Road Tankers Northern) BWOC (Feldbinder) Stevenage Oils (Lakeland) Craggs Energy (Tasca Tankers) Howells Fuel Oil (Road Tankers Northern) lnver Energy (Williams Tanker Services) Wilton Transport Mini...
Opinion
North Sea oil and gas must address challenges to mitigate energy crises
...report series from the Oil and Gas Transitions (OGT) initiative. Long a strategically important reservoir for oil and gas, the North Sea is now a pivotal ground zero for net...
News
A unique contribution wins Fuel Oil News Tanker of the Year 2022
...(Road Tankers Northern) EMO Oils (Central Welding) Consols Oils (Maidment) WCF Fuels (Road Tankers Northern) BWOC (Feldbinder) Stevenage Oils (Lakeland) Craggs Energy (Tasca Tankers) Howells Fuel Oil (Road Tankers Northern)...
Interview
Why are new UK oil fields essential to a sustainable future?
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK) who shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
News
February 2016 update
...of the crude oil sold around the world. The vast majority of crude oil is sold at a discount to these two grades. So when we talk about $20 a...
News
With a little help from our friends and family
...Fuel Oils told Fuel Oil News editor, Jane Hughes. One of the newest entrants into fuel oil distribution, Standard Fuel Oils is based in Merseyside. Twenty-eight year old Nick has...
News
Industry energy expansion reflected in new name for OGUK
...the wider oil and gas industry, particularly across the North East of Scotland. The decision to rebrand is absolutely right and reflects moves across the oil and gas sector to...
News
Winner of UKIFDA Innovation Award announced
...not only be involved but were able to lead the way and really prove the potential of hydrotreated vegetable oil or HVO as an eco-friendly alternative to heating oil. “Our...