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News

Logistics UK crowned Trade Association of the Year

...to alleviate them, Logistics UK, one of the UK’s biggest business groups, has been crowned Trade Association of the Year at the 2022 Memcom Excellence Awards. The business group –...

News

The ‘crown jewels’ in the North Sea

...will underline the value of the North Sea in the oil major’s global portfolio when he leads the opening plenary session at SPE Offshore Europe 2017 being held in Aberdeen...

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...

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...
Oil prices on screen

Analysis

Why kerosene surged: Inside the heating oil price shock

...escalated, global oil markets reacted instantly. Shipping through the Strait of Hormuz – a critical oil transit route – was disrupted, tanker movements slowed and traders priced in supply risks....

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...
The Weeks

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...

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...
Portland report image

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...