Opinion
OMJ anticipates oil market movements
Amidst a global lockdown resulting in less and less demand for oil, the oil market has been in turmoil. Ian Moore, director of the Oil Market Journal (OMJ) shares his...
search | elvis global truth or dare part 2
Market Report
Prices and predictions: how did we do in 2025, and what does 2026 hold?
...about 0.7m bpd), the effect would be muted. 2026 then, looks likely to have a global surplus of oil to the tune of 2m bpd and this can only mean...
News
Investors welcome Shell net zero emissions plan
Commitment to achieve net zero emissions by 2050 “or sooner” is part of the significant action on climate change outlined by global energy company Shell following engagement with investors as...
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...
Market Report
Volatile grounds: How geopolitical crises shape oil price fluctuations
...and illustrated that even in a tariff-affected global economy, $60 / bbl is a natural floor for the price of crude, particularly when you consider that the world still consumes...
News
The storage market – what next for 2016?
Thirty expert speakers are lined up for StocExpo 2016 which takes place in Antwerp from 15-17 March 2016. Ensuring visitors get highly relevant local content plus a global perspective...
Opinion
Hydrogen (H2.0): a new dawn?
...hydrogen’s global success, as the numerous challenges are being met with diverse technological advances, not in lab experiments, but through different simultaneous market approaches, accelerating the broader adoption across end-markets....
Interview
In Conversation with Martyn Lyons, TR3 Consulting
...called Global PMI Partners (GPMIP). GPMIP is an independent company that specialises in post-merger integration. In my earlier acquisition experiences, we handled integration internally. Appointing an integration manager from within,...
Insight
What price oil? 2024 In review
...dominated by fears of global economic slowdown and an increased prospect of lower interest rates. In July, Chinese GDP growth was lower than expected which ignited concerns over global oil...
News
High cost and limited feedstock hinder scaling of SAF
High cost and limited feedstock are key hurdles facing the scaling of global sustainable fuel (SAF) production, according to a recent report by Energy Industries Council (EIC) on the global...
News
Tank Storage Association publishes Annual Review of the bulk storage and energy infrastructure sector
...the Annual Review has also evolved to include data on global tank storage assets including global expansions and construction projects, regional capacity and market share as well as regional throughput...
News
INEOS extends portfolio with BP acquisition
INEOS has completed the purchase of the global Aromatics and Acetyls businesses from BP for a consideration of $5 billion. Already one of the world’s leading petrochemical companies this acquisition...
Opinion
Suggested $100 oil unlikely given abundance of OPEC capacity
...price close to $100. Wide global vaccine rollouts and a revival of long-haul travel is essential to boosting oil demand closer to its pre-pandemic level — which appears unlikely this...
Analysis
Ambitious EV growth targets raise UK grid concerns but what of the impact on oil demand?
...during the year—a strategy deemed unsustainable for the long term and impacting future prospects for EV manufacturers in the UK The increased uptake was echoed on a global scale with...
Insight
Sustainable low carbon liquid fuels: perspectives and prospects
...to oxidation). 2. The hydrogenation process results in it burning cleaner than FAME biodiesel (Cetane No. @ 70+ vs. 51-65). 3. Because it has the same chemical structure as petroleum...
News
New partnership for SAF developer Firefly Green Fuels strengthens global feedstock access
...of feedstock needed to meet the growing global demand for SAF. British company Firefly has developed an innovative pathway to sustainable fuels that uses a process known as hydrothermal liquefaction....
News
Irish government announces €505m support package after fuel protests disrupt supply chain
...meeting, the government announced a package of measures described by Taoiseach Micheál Martin as “a significant response to real pressures being felt here and globally”. They include an extension of...
Insight
Attract, train, retain: how to be fit for purpose in the 21st century
...from mid-60’s through to new entrants at 17 years of age. In fact, 85% of the global workforce is populated by 21-43-year-olds. Again, this doesn’t sound so strange, as this...