News
Oil price rises over $70 a barrel
...the economic revival will be soon coupled with oil demand recovery,” said Tamas Varga, an analyst at PVM oil brokerage in London. He cautioned, however, that the recovery still faced...
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News
Oilfast extends exciting partnership to support more dreams
...from low-income backgrounds to participate, Oilfast launched the Oilfast Trust Fund to offer two scholarships. The Oilfast Trust Fund: A commitment to equal opportunity James Hughes, Business Development Manager for...
News
Bolstering onshore oil and gas
Tony Smith brings over 30 years’ experience in the oil and gas sector to the Peel Gas and Oil team. Peel Gas & Oil, a member of United Kingdom Onshore...
News
Great news for oil boilers
Grant Vortex oil boilers continue to hold their position as the No.1 choice in the UK whilst the Worcester Greenstar oil boiler range has obtained Which Best Buy status for...
Insight
The Humber refinery – a key indigenous source of supply
...to seek new sources of crude oil elsewhere. By the end of that decade a consortium, in which Continental Oil was involved, had discovered substantial reserves in Libya. To take...
Opinion
Ken’s Corner: A week is a long time…
...heated by oil. How Ireland is heated Source: Census 2022 A significantly higher proportion of oil heated homes are in rural areas compared to all homes in Ireland. 28% of...
News
Distributor diaries – latest updates from our fuel distributor community
...by Cornwall-based Mitchell & Webber. Carl Moon, national sales manager for Rayburn commented: “As the UK government plans to phase out the use of conventional heating oil, we need to...
Insight
The case for a UK CSO agency
...Downstream Oil Reporting System and for importers in the Oil Stocking System. Additional provisions introduced in 2012 require that for motor spirit, diesel/gasoil and jet kerosene at least 22.5 days...
News
OSS (Hydrodec UK) buys Eco-Oil business
OSS, the trading name of Hydrodec (UK), has acquired the business, assets and trade name of Eco-Oil from Eco-Oil International and its subsidiaries. Together with Hydrodec UK’s existing OSS business...
News
Oil heating cheaper than mains gas
Jeremy Hawksley – welcome news for the industry and the 1.5 million UK households who use oil for heating Oil is now the cheapest of all the major heating fuels,...
Insight
What future for heating oil?
...200,000 and 250,000 commercial heating oil users. A snapshot of the trend in total UK domestic regular kerosene demand since the start of the millennium shows the following: Source: DECC...
Opinion
The Distributor Debate
...locations. Currently, oil is the most economical solution for off-gas properties. However, oil could face serious competition from technologies such as wood pellet boilers, and air source heat pumps. How...
News
Oil Care Campaign prepares to celebrate 20 years
...the oil bank website to find the location of their nearest oil recycling facility. Event and exhibition booking information is available from Oil Care Campaign manager, Liz Hobday at: liz.hobday@environment-agency.gov.uk...
News
Changes to oil regulations in Scotland
Are you compliant with the new changes made to Scotland’s oil regulations? The Scottish Environment Protection Agency (SEPA) has contacted Fuel Oil News for assistance in drawing attention to the...
News
Kerosene – community buying
...which is taking the idea of community buying onto a national level. www.oil-club.co.uk, which was founded by Chris Brown, combines smaller purchasers into one big body. Distributor views Although popular with...
Opinion
MPs urged to back affordable green heating campaign for oil heated homes
...oil heating. Under its current plans, Labour is focused on encouraging households to switch to heat pumps. However, there are growing concerns that the challenges rural homes reliant on oil...
Analysis
Mabanaft – majoring in innovative independence
...diversify and expand. Marquard & Bahls owns Oiltanking, which is now one of the largest public oil and petrochemical storage companies in the world. In the UK, Mabanaft itself has...
News
Risk reduction for domestic customers
...continue buying their kerosene through Oil Price Protect,” said Chris. “Prior to Oil Price Protect, like most other distributors, we did offer different ways to pay including direct debit. Customers...