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UK refining – hunting for answers
...Chris. “Refinery capacity has increased due to technological advances. Yes, the UK has fewer plants but the ones remaining are more efficient.“Plus, an inevitable consequence of the UK and EU...
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Oil price at seven-year high amid supply concerns
...23-country cartel struggling with decreasing spare production capacity and Morgan Stanley estimates a potential decline in global spare capacity from the current 6.5 million bpd to just 2 million bpd...
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Lords warn of Brexit threat to UK’s energy trade
...because oil consumption in the energy sector is relatively low compared to gas and electricity’. The EU is a key energy trading partner for the UK, supplying approximately 12%...
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Petroineos announces future-proofing Grangemouth reconfiguration plan
...of its refining capacity at Grangemouth in line with current and anticipated future demand for fuel in Scotland, the North of England and Northern Ireland. The proposal to keep the...
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Cautious industry response to fuel resilience bill
...restructuring to remain internationally competitive which has reduced their spare capacity. This means that there is an increased risk of market disruption in the downstream oil sector, given the lower...
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UK Fuels signs JET deal
...offering for JET’s UK network of 300 plus dealers. Fleetone fuel card holders will also benefit from access to UK Fuels specialist fleet card services, including its Velocity online management...
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New prototype tanker – now in service
...well as Ethanol (UN 1170) and mixtures of petrol/ethanol (UN 3475). The unit provides a net capacity of 43,000 litres and a tare weight, inclusive of pump, of 5450kg. “The...
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Your say: UK low carbon fuel strategy consultation launches
...to grow domestic industry and jobs, making the most of the outstanding technical expertise and capacity we have in the UK. To draw all this work together, we will publish...
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16% bioenergy needed to safeguard UK energy security
...such as the looming nuclear gap, and meet growing electricity demand in the heat and transport sectors. “As we move to a more flexible and decentralised energy system, the role...
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British invention could help industry slash energy bills and cut CO2
...or steam, the main energy source for many processes in pharmaceuticals, food manufacturing and brewing. This allows businesses to switch off high-cost gas and electricity and use cheap on-site solar...
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Mabanaft’s sister company acquires terminal
...has a total capacity of 503,000 cbm and was commissioned in 2008. Oiltanking already operates two terminals in Singapore with a combined storage capacity of more than 1.7million cbm. www.mbholding.com....
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Taking strategic action
...Proctor, both based at the company’s Henley-on-Thames head office. Barry, who had previously worked with Phillips 66, joined Sea Bunkering in the city of Hull back in the 1990s with...
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Essar to invest £45m in UK’s first hydrogen refinery furnace
...to produce 1GW per year of hydrogen – the equivalent to the domestic heating energy used by a major British city, for example the Liverpool City Region. As well as...
Opinion
Renovare Fuels: establishing the pathway towards a greener future
...is quite impressive. It has the capacity to accept up to 200 thousand tonnes annually of non-hazardous and inert waste. It’s worth noting that since 2015, the site has developed...
News
The Crown goes to Emco Wheaton
...use, makes my job very efficient.” Also impressed with the equipment’s simplicity and quality is Crown Oil fleet engineer, David Goodall, who has been with the company for 10 years....
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Valero – bringing ‘best in class’ standards to Mid-West region
With the opening of its new €3million flagship Parkway Service Station in Limerick City, Valero Energy (Ireland) has put down a marker to which other service station owners’ contemplating a...
Opinion
New UK oil essential for low carbon future
...nearly half our electricity. “They also produce oil that gets refined into the petrol, diesel and other fuels that power our cars, vans, buses and trains.” Contributing to regional economies...
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TOTY 2022 Runner Up: Craggs – a next generation tanker
...next generation tanker. Manufactured by DAF with a total capacity of 19,000 litres in five compartments, the new tanker is a top-of-the- line piece of machinery designed to transport a...