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...
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Insight
Heating future: prospects for kerosene and HVO
...and Belgium, using mazout, a heating gasoil grade. Currently, in the UK as regular burning oil, it accounts for around 15% of kerosene demand. When considering its future prospects in...
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/...
News
Getting warmer in the community
...tenants. In return CBL has developed a community oil fund that purchases oil on behalf of Cottsway’s tenants. The smart meters inform CBL of oil used, with tenants able to...
Insight
No easy decisions at Whitegate
...UK. With oil playing such a key role in Ireland’s economy, security of supply is imperative for the country’s economic and social well-being. An important element in the infrastructure to...
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...
Interview
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...
Opinion
Non-energy use of oil products a huge challenge to international trade
...cycle — with spikes in the oil price often occurring before economic recessions,” said Chapman. “Oil has been essential for economic growth, but our reliance on it has created vulnerabilities....
News
University scientists have developed a greener marine fuel
...up to 500°C to convert them into bio-oil. Solvents were added to the bio-oil, which was then blended with used cooking oil or fat to create the fuel. Dr Abul...
Analysis
What is the direction of travel for the UK energy sector?
...“make the UK a clean energy superpower by 2030”. Oil, gas and a little bit of coal One of the key elements in the energy transition is how fast we...
Knowledge
Data: the UKIFDA databank
...oil in the UK could provide feedstocks to meet c10% of heating oil requirements. • In February 2023, the UK Government announced it would revoke the anti-dumping and countervailing duties...