Opinion
North Sea oil industry in crisis?
...in place from January 2021. A spokesperson from Oil and Gas UK said; ”While Oil & Gas UK cannot comment on the commercial decisions, and individual opinions, of its members,...
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News
Activists claim oil terminals were ‘totally blocked’ in new protests
...by Just Stop Oil with several weeks of coordinated protest actions at oil terminals and other oil infrastructure in the Midlands and south of England from April. Pausing oil terminal...
Opinion
Preparing for a new oil world
Boris Ivanov Boris Ivanov, founder of GPB Global Resources discusses how the fuel oil industry can begin to prepare for the new oil world. With BP cutting 10,000 jobs and...
Market Report
Prices and predictions – what does 2025 have in store?
...own forecasts for 2024 oil prices. Our headline prediction in Jan ’24 was for oil prices to “trend sideways and stay in the $70-$80 per barrel mark”. Arguably this was...
News
Sustainable aviation fuel from sewage producer Firefly secures £5m Wizz Air investment
...(SAF) research and development will allow the airline to supply SAF to its UK operations from 2028, up to 525,000 tonnes over 15 years. The agreement has the potential to...
News
Honeywell technology to be used by BP to increase its worldwide SAF production
...used to produce SAF commercially since 2016. Developed in conjunction with Eni SpA, the process converts non-edible natural oils, animal fats and other waste feedstocks to renewable diesel and SAF...
Opinion
Longer term impacts of coronavirus on the UK and Ireland’s oil industry
...with the travel arrangements for key workers. Oil and Gas UK has described the descent of the oil price as a “body blow” to the sector and called on “governments”...
Opinion
“Do you agree with the Northern Ireland Housing Executive (NIHE) that the Province should have more oil buying clubs?”
...more oil buying clubs, there will inevitably be more – batten down the hatches!” For further comment see the Value Oils blog – www.valueoils.com/blog/home-heating/heating-oil-buying-groups-2/ Joe Bradley, Bradley Fuels “I don’t...
Opinion
OGUK welcomes climate report impetus
...chief executive of OGUK said: “The UK offshore oil and gas sector is changing, as oil and gas companies are increasingly pioneering greener energy. It’s vital we harness the sector’s...
News
Fuel for thought…
...at a European, national and regional level. With over 1.5 million heating oil installations throughout these islands and millions more across Europe, the oil storage tank industry and the oil...
News
Oil theft – oil industry shows support with donation
...Northern Ireland Oil Federation (NIOF) resulted in Solo Direct offering to give the unit 1,000 litres of oil to help during this difficult time. With £1,000 worth of oil stolen...
News
Theft threat?
...communications manager. As an industry we must do everything we can to help customers secure their oil tank.” Share your thoughts on oil theft – prevalence and prevention liz@fueloilnews.co.uk https://blog.boilerjuice.com/3-ways-to-prevent-heating-oil-theft-in-your-area/...
Interview
Taking action in Ireland
Being proactive rather than reactive was one of the really strong messages conveyed to an audience of over 60 fuel oil distribution staff who attended last month’s Fuel Oil News...
Analysis
Greenergy – liquid problem solving
...oil prices could have on the country’s financial health. “When crude is high, money goes on foreign oil, sucking the liquidity out of the UK and European economy. The underlying...
News
Oil recycling specialist Slicker expands further with Oil Monster acquisition
...with their own carbon cutting and sustainability agenda, re-refining their waste oil back into base oil through our own re-refinery.” “We welcome everyone at Oil Monster into the Slicker family...
News
In Conversation with Klass Oil: a class act in energy distribution
...Tom Kirrane in the oil industry for nearly 40 years. Originally setting up Emo Oil, Tom ran Texoil as a joint venture with Chevron until he sold his share in...
News
Jardine Motors Group achieves a carbon-cutting, UK first in waste oil management
...used oil through a fully circular waste oil management solution. Through servicing customers’ vehicles at their 50+ sites nationwide, Jardine generates significant volumes of used lubricating oil which is now...
News
Oil price at seven-year high amid supply concerns
...crude oil inventories reportedly lower than previously declared, the Ukraine crisis has also fuelled supply concerns resulting in both Brent and WTI hitting their highest levels in seven years. Global...