News
Cyberattack effect on oil prices
...by Russian criminal group, DarkSide, as named by the FBI, forcing it to shut down all pipeline operations. The pipeline carries gasoline and other fuel between Texas and Northeastern states,...
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Opinion
OMJ anticipates oil market movements
...9.327m bpd before the crisis and is now 5.077m bpd (1-9 April 2020) and the demand for jet fuel in the US also decreased by just under 69% bpd with...
News
Greenergy backs Amsterdam, as UK policy falters
...without more ambitious action on the Renewable Transport Fuel Obligation (RTFO), the UK risks losing production altogether while Europe accelerates ahead. You can read more on UK biofuel industry challenges...
News
Greenergy signs strategic JV agreement with Bapco
...position Bahrain as a leading participant in the gasoline markets in the Middle East. We’re confident that Bahrain Gasoline Blending will allow us to maximise the value of the refinery...
News
Investment values Argus at nearly £1bn
...stake in the business whilst enabling Argus to fuel its next phase of global expansion. Argus was founded by Jan Nasmyth in 1970 as a weekly newsletter covering the Amsterdam,...
News
Further expansion for Greenarc with acquisition of electric vehicle supplier KeyFleet
National fuel and green energy supplier Greenarc Ltd, part of the Craggs Energy Group, has announced its acquisition of Key Finance & Leasing Limited (KeyFleet), provider of vehicle leasing and...
News
Welcome to the next supply chain generation
The hallmark of the XPO Logistics brand is an iconic shade of red worn by all employees. The company’s top three European markets are France, the UK and Spain with...
Interview
Northern Energy: fuelling communities for 90 years
...consolidated rapidly with many small fuel distributors absorbed into other businesses over the years and others acquired by larger ones. Family values “Whatever fuel a customer uses and whatever size...
News
Texaco ‘support for sport’ recipients announced
...hosted and organised by Valero Energy (Ireland) Limited, the company that markets fuel in Ireland under the Texaco brand, with judging overseen by former Irish rugby international and well-known broadcaster,...
News
Investors welcome Shell net zero emissions plan
...as a result of the coronavirus pandemic. IEA executive director Fatih Birol, said 2020 was likely to be “the worst year in the history of global oil markets.” But Shell...
Insight
Ken Cronin, CEO UKIFDA: It’s customers that matter
...liquid fuels because they are easy and non-disruptive and require a limited upfront investment. By creating a sector-wide renewable fuel obligation and a duty system that favours lower carbon fuels,...
News
FON Fantasy Football League: It came down to the final whistle
...An impressive 71 managers competed in this year’s Fuel Oil News league and almost 1000 points separated the bottom of the league from the eventual winner. The Fuel Oil News...
News
A steady performance in Q1
...key markets and I look forward to a successful remainder of the year.” Financial highlights Business delivered a steady performance during the first quarter of 2017 Sales volumes...
News
Unprecedented demand creates temporary oil shortage in Ireland
...is going without Speaking to Fuel Oil News on Friday 16 December David said: “Yes, we are low on kerosene, but a boat is due into Belfast today and should...
News
Radius boosts vehicle tracking division with acquisition of Plant-i
Earlier this month Crewe-based Radius Payment Solutions – the group behind the telematics and fuel card brands Kinesis and UK Fuels – acquired Plant-i, the Welsh-based provider of tracking and...
News
Valero Energy confirms third Texaco ‘Support for Sport’ club funding initiative
...Under the scheme, hosted by Valero Energy (Ireland) Limited, the company that markets fuel in Ireland under the Texaco brand, a fund of €130,000 will be distributed to twenty-six sports...
Opinion
Ken’s Corner – time to reflect
...events. Rumours persist in Ireland that there will be an election in the autumn, following a budget on October 1st. Alongside our partners, Fuels for Ireland and OFTEC, we have...
News
New report highlights Scotland’s strengths in clean hydrogen
...Scotland’s target of net zero by 2045. Key countries identified as potential export markets for Scottish clean hydrogen include Germany, The Netherlands, Belgium and Japan. Electricity is the largest cost...