News
Essar delivers direct to Emirates
...project for major improvements to key units at the Stanlow refinery which will deliver a further reduction in crude oil costs and improved yields across the finished product range. www.essaroil.co.uk...
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News
Essar Oil UK reports successful financing and governance changes
...bilateral arrangements with many of its key customers on enhanced payment terms and other long-term financings, linked primarily to crude supply. With these financial arrangements now in place, EOUK has...
Market Report
Portland Market Report – A spectacular own goal or a pivotal act of unknown agents?
...outstripping crude vessels by 2 to 1 by the beginning of the 2020s. The boom in LNG has heavily impacted pipeline gas and diminished its importance to global markets. Back...
News
Stanlow secures government backing
...funding has been made available through the Department for Business, Energy & Industrial Strategy (BEIS) and will be invested in a project to install a new furnace in the crude...
News
UK road fuels – competition is ‘working well’
...rises in pump prices for petrol and diesel over the last ten years have been caused largely by higher crude oil prices and increases in tax and duty and not...
News
Oil pipeline repair could take up to four weeks
...said that the pipeline was still undergoing assessment with there being a possible two to four weeks before it will be operational again. In addition to carrying crude oil, FPS is also carries around a third...
Insight
The emergence and growth of Puma Energy
...in the marketing and distribution of crude oil and its products across the country. Over the ensuing 20 years CGC built up its network of Puma filling stations across Argentina...
News
Essar appoints Stein Ivar Bye as chief executive officer
...as chief operating officer at Scandinavian crude oil giant Preem, Stein Ivar Bye will be based at Essar’s Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. He brings with him over...
Interview
Phillips 66: Humber Refinery
...is a closely guarded secret(!). However, what we can reveal is that to produce this product, the refinery processes conventional crude oil together with some waste materials such as used...
Insight
The case for a UK CSO agency
...slate, as well as crude oil, feed stocks and NGLs. An independent stocking entity Refiners, ex-refiners and importers have put growing pressure on government to consider adopting a better way...
News
A positive story for the UK
...Kerosene is a sizeable market for Valero. From allocated crude stocks, the company currently sells 83% as kerosene and 17% as jet fuel but acknowledges that kerosene demand is ‘steadily...
News
Storage – reducing fire risk
...fires at installations that process and store crude oil, petroleum, intermediates and refined products The updated EI Model Code of Safe Practice Part 19: Fire precautions at petroleum refineries and...
News
Rapid growth for Your NRG with new depot opening
...whose cleaner burn offers better combustion properties over conventional crude oil-based diesel. This helps to reduce emissions of air pollutants and support meeting local environmental regulations. “The Halstead depot stands...
Interview
James Hygate, Firefly Green Fuels: challenges and progress on the pathway to green aviation
...as well as providing a pathway towards economic independence for resource poor communities through processing their waste into biocrude. We are incredibly hopeful for the future, and we are greatly...
News
The storage market – what next for 2016?
...of terminals at Gulf Petrochem. He will also look at the potential for crude storage growth and major refining projects in the Middle East that could impact demand. Interesting times...
News
Oil Terminal 2015 – positive feedback
...Europe attended last month’s 10th Congress on the trading and transportation of crude oil, LPG and petroleum products in St. Petersburg. More than 300 representatives of the government, business and...
News
Leading industry company celebrates 50 years of innovation
...and everything was looking good. Then in November of 1973 OPEC suddenly decided to rapidly increase the price of crude oil which literally changed the domestic heating scene overnight.” That...
News
Red diesel rebate change – the unwelcome impacts and contradictions
...and the global scramble for supply that has sent prices to record levels. “When you’re seeing crude rallying, you’ve seen diesel outpacing it just because of supply concerns,” one analyst...