Opinion
Free oil? Not today …
...unlikely to have sold any physical oil at negative prices. The oil industry is already absorbing much of the short-term price shock by putting oil into storage, both on land...
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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
...Oils? “There are many benefits for suppliers selling oil through our website, including: • They are in complete control of the pricing and delivery windows they offer and can easily...
Insight
Security of oil supply in the fuel distribution sector
...of Russia’s role in the petroleum industry as the world’s second-largest crude oil producer and largest exporter of refined oil products. Closer to home, Russia supplies about 30% of Europe’s...
News
A feeling of insecurity?
...oil, gas and coal exporter to Europe. In the oil industry, EU-Russia cooperation has been growing over recent years with European companies active in Russian exploration and production, while Russian...
Opinion
North Sea oil and gas must address challenges to mitigate energy crises
...report series from the Oil and Gas Transitions (OGT) initiative. Long a strategically important reservoir for oil and gas, the North Sea is now a pivotal ground zero for net...
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...
Insight
A look at the shape of the future UK downstream oil sector landscape
... 2010 2021 Major Oil Companies BP, Esso, Shell, Total BP, Esso, Shell Mini Majors/Mid Size Refiners CoocoPhillips, Ineos, Petroplus, Chevron, Murco Phillips 66, Petrlneos, Essar, Valero, Prax Petrolium...
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...
News
Stanlow Terminals and Eni UK team up to deliver CO2 transport and storage projects
...Mersey, supporting the ambition of Essar Energy Transition to become Europe’s leading integrated energy transition hub. Mike Gaynon, CEO Stanlow Terminals, commented: “This memorandum of understanding is the latest milestone...
News
Latest people moves within the fuel distribution industry
...waste as part of the business’ growth strategy. Essar Oil (UK) Ltd Larry Khanna has moved into a new position as Head of Business Development at Essar Oil (UK) Limited....
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...
News
Heating oil’s future – making a difference
“Oil is the cheapest option for off grid homes and has been since October 2014,” says FPS chief executive Guy Pulham. The FPS is urging all those using oil to...
News
Major investment at Essar
The installation of the giant new regenerator head will give the refinery unit another 25 years of life Essar Oil (UK) recently completed the successful lift of a giant new...