News
Virgin Group partners with Agilyx for low carbon biofuels
...starting from 2025. From waste to fuel The Virgin Group and Agilyx aim to reuse plastic waste to produce synthetic crude oil that will then be refined into a lower...
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News
Thoughts on fuel prices – November in review
...day the next round of EU sanctions will go live which will ban the import of Russian crude oil into Europe and prevent insurance companies being involved in sales unless...
Opinion
USA turn from fossil fuel ‘more direct, more fierce and quicker’ than expected
...of a drop in US crude supplies, one oil services company CEO told Bloomberg: “The industry is aghast at these changes. They are more direct, more fierce and quicker than...
Opinion
Energy security and emission reduction: the role of downstream
...the same level as crude-derived fuels. And additional incentives for low carbon fuel use in hard to decarbonise transport, for example Heavy Goods Vehicles, should be considered to increase demand...
News
Argus partners with OMJ to add transparency to downstream fuel prices
...and Fame, which is used to price European biodiesel supplies. Argus prices for jet fuel, diesel, fuel oil, butane, propane, ethanol and crude are also included in the agreement. In...
Interview
Sustainable aviation fuel: routes to feedstocks that can fill the production gap
...not like crude oil, with millions of barrels a day readily available for extraction, meaning that multiple pathways will be required to achieve this level of production. The current feedstocks,...
News
EET Fuels appoints FEED partner for Stanlow fuel switching project
...fuel system that will feed into the company’s hydrogen-ready crude distiller furnace. Wood will also re-design the core infrastructure and control systems to enable the efficient and safe combustion of...
News
Campaign-leading distributor first to lift US imported HVO following tariff removal
...for very similar to that of crude oil, many refineries globally are switching capacity to renewable liquid fuel production. Main image shows: L to R Peter Kinney, Senior Commercial Sales...
Insight
The downstream oil market landscape of Ireland in the 2020s
...and operated by Circle K. Sale of the Whiddy Island ‘entrepot’ facility in 2014 by Phillips 66 to US-based Zenith Energy Management LLC , with total storage for crude oil...
Market Report
Why a lack of both infrastructure and green production leaves hydrogen-fuelled vehicles a ‘grey’ area
...have not solved the first problem associated with hydrogen and that is that the only way to currently produce it at scale is via crude oil refining and / or...
Analysis
Growth without structure is a risk not a strategy
...assured by Soosaipillai that all was well. Weeks later, Prax collapsed, owing up to £250m in tax. 625 jobs at risk. Administrators rushed in. Glencore UK, their crude supplier, had...
News
Oil price rises over $70 a barrel
This month once again saw the price of Brent crude hit $70 a barrel – it’s highest level in two months. Having first recovered to pre-pandemic levels in February of...
Insight
Task force to take action on UK refining and fuel import issues
...currently structured, performs well against these criteria. Refiners have access to crude markets and also provide a source of product within the UK itself, while importers help to mitigate the...
News
Greenergy signs strategic JV agreement with Bapco
...of Bahrain’s energy-related activities; primarily refining, distribution of petroleum products and natural gas, sales and export of crude oil and refined products. The company owns a 260,000 barrel-a-day refinery, storage...
Sponsored
ESL Fuels Biofuel Market Update – Q1 2026
...that Indonesia may divert crude palm oil (CPO) volumes typically destined for export into domestic biofuel production, as part of an effort to exert influence over global CPO prices. Conflict...
News
Fuel supplies ‘at risk’ as Fawley workers ballot result awaited
...they described as an ‘insulting’ pay proposal. Fawley is the UK’s largest refinery and produces about a fifth of the UK’s transport fuel needs, processing about 270,000 barrels of crude...
Interview
Jay Nair of Mabanaft: transition, inclusion and diversity
...at the peak of the covid crisis when crude oil prices were falling through the roof and trading desks around the world were either making a lot of money or...
News
Irving Oil to acquire Whitegate
Built in 1959 Whitegate is Ireland’s sole refinery, it processes up to 75,000 barrels of crude oil per day, producing transportation and heating fuels. It has a workforce of 160...