News
Crude oil supply – Essar enters new arrangement
Essar Oil UK has entered into new arrangements with Barclays Bank plc to cover the supply of crude oil to its Stanlow refinery. Under the new arrangements, Barclays will hold...
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Interview
ROM1 – a step in the right direction
In a bid to reduce illegal oil trading, the Revenue Commissioners introduced monthly Return of Oil Movements (ROM1) reports into the Republic of Ireland last year. Feeling weighed down by...
News
Investors welcome Shell net zero emissions plan
...and other oil majors to bolster their emissions reductions strategies. Earlier this year BP similarly unveiled wide-ranging net zero ambitions, while several top oil firms have acquired leading clean tech...
News
INEOS to buy DONG Energy’s oil & gas business
...barrels of oil equivalent per day in 2016 and with around 570 million boe of commercial and potential oil & gas reserves across the Danish, Norwegian and UK continental shelves....
News
Will liquid fuels be heating homes in 2030?
...the market for oil boilers predominantly in the replacement sector, OFTEC’s strategy is to retain the present oil-fired boiler market share. Using initiatives such as the Oilsave campaign, OFTEC is...
News
Oil Terminal 2019 – Tank farms and oil terminals: operation, modernisation, development
...brings together 350+ delegates from oil and gas trading, storage, and shipping businesses representing refineries, oil terminals, and ports from 25 countries including Russia, the CIS, the Americas, Europe, and...
News
Irving Oil to acquire Whitegate
...very seriously,” added president of Irving Oil, Ian Whitcomb. Irving Oil looks forward to sharing more information on this acquisition upon the close of the purchase and sale agreement. www.irvingoil.com...
News
The young people behind the UK’s downstream sector
A group of young oil industry ambassadors met with the All Party Parliamentary Group on the UK Oil Refining Sector to discuss the future of the industry In partnership with UKPIA, the All Party Parliamentary...
News
Supplying renewable, carbon-neutral biofuels
...diesel and gas oil to an alternative with a vastly reduced environmental impact. This makes Crown Oil the only UK fuel supplier that can supply the synthetic premium biofuel in...
News
Isuzu first for Darch Oil
The new Isuzu vehicle at Darch Oil – supplier of fuels, heating oil and lubricants to customers in Somerset, Dorset, East Devon, South Wiltshire and West Hampshire Independent family-run Darch Oil has...
News
OGIC – supporting innovation in oil & gas
Fergus Ewing, minister for energy, enterprise and tourism, at the launch of the Oil & Gas Innovation Centre in Aberdeen The newly established Oil & Gas Innovation Centre (OGIC) is...
Insight
What the UK CCS announcements mean for the sector
...argue that, by putting such projects forward as a viable solution to net zero, we are just prolonging the use of fossil fuels and granting the fossil fuel industry a...
News
Crude oil trend boosts heating oil prices
...open to striking a deal with OPEC to reduce oil output. “Considering that heating oil prices increased sharply following speculation around the last OPEC meeting where the organisation reached an...
News
Will YOUR customers “buy oil early” for winter?
Heating oil consumers across the UK are being urged to change their energy habits and order heating oil early before the winter weather arrives. The FPS (Federation of Petroleum Suppliers)...
News
NWF Group acquires Northern Energy Oil in £8.3m deal
...years, having started by supplying milk from local farms before expanding into agricultural fuels, heating oil and, most recently, LPG. “Selling our oil business to a larger player who is...
News
Oil-fired homes – the clear winners
...existing buildings in the Republic of Ireland. “Oil prices have tumbled once more, making oil heating the cheapest form of home heating regardless of location, type of property and whether...
Market Report
Fossil fuel fundamentalists vs. clean energy enthusiasts – will energy policy impact the U.S. election?
...now evaporated and Harris has (cautiously tbf) endorsed the industry… Oil and gas activity As to whether a Trump Administration means even more oil and gas drilling is not a...
Insight
A critical role for Stanlow
...in metric tonnes pa Petrol – 3 million Diesel – 3.5 million Jet A-1/kerosene – 2 million LPG/ petrochemical feedstocks – 1.5 million Fuel oil – 1 million The refinery...