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...
search | essar-oil-uk
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...
News
A feeling of insecurity?
...has meant increased import reliance, making the UK price for heating oil increasingly reflective of international events. As North Sea output declines further, forecasts from the UK government show that...
News
Distributor diaries June 2025
...Oilfast announces Adam Burnett as their next music scholarship winner Oilfast, the independent fuel supplier, based in Motherwell, Scotland, recently offered another incredible opportunity to local singer and songwriter, Adam...
Opinion
North Sea oil and gas must address challenges to mitigate energy crises
...zero, with regional oil and gas producers in Denmark, Norway and the UK deliberating over oil and gas transition pathways that will be vital to national, regional and global climate...
Interview
Why are new UK oil fields essential to a sustainable future?
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK) who shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, 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...
News
With a little help from our friends and family
...Fuel Oils told Fuel Oil News editor, Jane Hughes. One of the newest entrants into fuel oil distribution, Standard Fuel Oils is based in Merseyside. Twenty-eight year old Nick has...
Analysis
What price oil? Q2 2025 in review
...imports. May The UK-US trade deal announced on 8th May, opened UK markets to US ethanol exports. Under the deal, the UK would expand market access to US ethanol, creating...
Insight
Marine bunkering – fuel for a vital activity
...oil/ light fuel oil, with maximum density which can range between 0.890 and 0.920 kg/m3 at 15 degrees C Marine gas oil – meets the inland heating oil specification i.e....
Opinion
New UK oil essential for low carbon future
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK). Katy shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
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
Heating oil’s future – making a difference
...million homes across the UK that use oil for heating. The FPS is urging the 1.2m homeowners in the UK who use heating oil, to take part in the government’s...
Insight
What price oil? 2023 In review
In association with The Oil Market Journal Pictured below and included in the January issue of Fuel Oil News is a graph that shows the price of ultra-low sulfur diesel...
News
New $150m receivables portfolio for Essar
Essar Oil UK (EOUK) has successfully completed the financing of a $150 million receivables portfolio with Hamburg Commercial Bank AG (HCOB) and Mizrahi Tefahot Bank Ltd (UMTB). This new facility...
Opinion
UKPIA welcomes investments in hydrogen
...for manufacturing processes. As part of this announcement, it has been confirmed Essar Oil (UK) Limited will receive a grant of over £7 million towards the upgrade of a distillation...
Opinion
“Let’s shift our focus to our customers” – industry reactions to the new government
...partnering with the logistics sector to develop Labour’s promised industrial strategy, a move that would boost productivity for all areas of UK PLC, according to business group Logistics UK. Following...
News
Stanlow Terminals and Eni UK team up to deliver CO2 transport and storage projects
Stanlow Terminals Ltd (Stanlow Terminals), the UK’s largest independent bulk liquid storage provider has signed a Memorandum of Understanding with Eni UK Ltd (Eni UK), the UK subsidiary of global...