Opinion
Free oil? Not today …
...price. And anyway, Oklahoma is a long way from the UK. It is also important to understand who uses oil futures contracts and Mark elaborates; “They are used by oil...
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Insight
Sustainable low carbon liquid fuels: perspectives and prospects
...turn. Renewable diesel / hydrotreated vegetable oil This product is made by hydrogenation and hydrocracking of vegetable oils and animal fats using hydrogen and catalysts at high temperatures and pressures....
News
Technology: Supporting the supply chain
...customer feedback: “Based on customer feedback, we are developing a remote control which will provide drivers with the full management of the delivery process from the point of delivery. This...
Insight
The downstream oil market landscape of Ireland in the 2020s
...Oil. In 2018, Irving Oil acquired large independent, Tedcastle Oil Products (TOP), providing it with a distribution terminal in Dublin as well as a substantially expanded market reach. The refinery...
Interview
Value Oils: leader in online fuel distribution
...at competitive market prices. “Now trading under the registered brand name ‘ValueOils.com’, the company runs a successful, independent online home heating oil price comparison website across the whole UK. The...
News
February 2016 update
...of the crude oil sold around the world. The vast majority of crude oil is sold at a discount to these two grades. So when we talk about $20 a...
Interview
ESL Fuels: working with customers to deliver sustainable fuel solutions
...advice and support to UKIFDA” – Ken Cronin, CEO UKIFDA. “ESL Fuels have provided valuable technical advice and support to our members on fuel oils and sustainable liquid fuels”, David...
Interview
In conversation with Prema Energy
...to the Carbon Reduction Commitment scheme. Biofuel oils made from tall oil pitch and later rapeseed oil distillation residue were developed to replace residual fuel oil in these plants at...
Insight
Strategic supply from Britain’s largest refinery
...Jet A-1 – 11% Fuel oils – 11% Petrochemical feed stocks – 9% LPG – 3% Lube base oils – 3% Bitumen – 1% Other products – 5% Source: UKPIA...
Analysis
Why has the price of heating oil risen faster than crude?
Heating oil prices have surged in recent weeks, as global oil markets react to escalating conflict in the Middle East. But while crude oil prices have risen sharply, kerosene –...
News
EET announces the launches Europe’s first hydrogen-fuelled power plant
...Tony Fountain, Managing Partner of Essar Energy Transition, commented: “Launching EET Hydrogen Power shows the progress that Essar Energy Transition is making in delivering against its commitment to put the...
Market Report
The eternal influence of black gold
...oil company) and, instead, is an operating tri-venture between Exxon Mobil (45%), Amerada Hess (30%) and China’s National Offshore Oil Corporation (25%). With little experience in negotiating oil concessions, Guyana’s...
News
Delivering SAF at scale: a sector investing in future production
...oily feedstocks. The UK Government is committed to using only waste for this, so HEFA for low carbon fuels used in the UK is derived from used cooking oil or...
Market Report
The meteoric rise and sudden demise of State Oil
...increasingly parlous state of UK refining. “THAT STATE OIL, PRAX AND ALL ITS OTHER SUBSIDIARIES WERE A HOUSE OF CARDS IS BEYOND DOUBT.” Portland first came across State Oil in...
Insight
A look at the shape of the future UK downstream oil sector landscape
We are living through a time that has heralded much change and, before considering the future evolution and shape of the UK downstream oil sector, we will remind ourselves of...
News
EET Fuels appoints FEED partner for Stanlow fuel switching project
...of Essar Oil UK, plans to create the world’s leading low carbon process refinery, by switching to hydrogen fuel, and Wood has been appointed to coordinate final designs of the...
Market Report
Volatile grounds: How geopolitical crises shape oil price fluctuations
...per barrel. It was at this point though, that the big hedge-funds re-entered the market and bought swathes of oil futures. This obviously supported the oil price against further falls...
Case Study
QMRE: Transforming plastic waste into sustainable solutions
...most pressing environmental problems facing society today – how to deal with the millions of tonnes of plastic waste created every year. Margaret Major, Publishing Director for Fuel Oil News,...