Opinion
We’ll meet again: oil to gas price gap shrinking rapidly
...oil and natural gas prices are racing towards each other at a rapid pace. “Natural gas prices have been much higher than oil prices since late July 2021. This has...
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Opinion
The price quoted is the price the customer pays?
...the price invoiced, this reflects badly on our customer service. So it is very important that the price quoted is the price the customer pays.” Nick Goodwin, Standard Fuel Oils...
Opinion
Will rising fuel prices accelerate the switch to renewables?
...reopened and manufacturing continued, the demand for energy also returned. The latest surge in fuel prices is largely due to the jump in oil prices that followed Russia’s invasion of...
News
Money-saving app launched to counter escalating fuel costs
...the fuel card minefield Launched in March this year, WhatsFuel is a new and unique service, and Nik explained how it came about: “Whatsfuel was launched initially to help fuel...
News
US oil price falls below zero for the first time in history
The leading representative body for the UK’s offshore oil and gas sector has warned the latest oil price developments could fundamentally undermine the ability of the industry to recover and...
News
The shipping news
...High Sulphur Fuel Oil LSFO – Low Sulphur Fuel Oil LSMGO – Low Sulphur Marine Gas Oil IFO – Intermediate Fuel Oil ECUK – East Coast UK ECA – Emission...
Interview
FuelBox: the success story of New Era Fuel’s sustainable dispensing solution
...Office team in Harlow. Revolutionary Since 2015, New Era Fuels has pioneered FuelBox, a ‘bag-in-box fuelling system’ that is completely recyclable and nothing short of revolutionary. The result of a...
News
UK and allies announce price cap of $60 on Russian Oil
...European Union, agreed on Friday to set the $60 price cap on Russian crude oil traded by firms shipping oil to third countries with the price to be kept under...
Interview
Kevin McPartlan of Fuels for Ireland
...90 days of strategic oil reserves: “Over-charging oil consumers a levy of 2c on every litre of fuel sold has generated a surplus of around €300 million in recent years...
Interview
How Phillips 66 is driving the industry evolution to future fuels
...to work with other businesses beyond the forecourt.” Future fuel success The second area Renee highlights is the development of lower carbon fuels. “We’ve been processing waste oils, such as...
Analysis
Replacement trucks: what will be the future fuels?
...fuel suppliers – those who sell more than 450,000 litres of applicable fuels – do this by redeeming Renewable Transport Fuel Certificates (RTFCs) or by paying a fixed sum for...
News
Distributor diaries November 2023:updates from our distributor community
...Nolan Oils supports the local football club Nolan Oils, the Oxfordshire-based distributor, is proud to be sponsoring a local children’s football team. Luke Nolan, Sales Manager, said: “Nolan Oils is...
Interview
In conversation with Bedford Fuels Ltd
An exciting new business in experienced local hands As we celebrate a new year and new beginnings, Fuel Oil News is in conversation with a brand-new fuel distribution company, Bedford...
Insight
Security of oil supply in the fuel distribution sector
...days for importers) and, for the full obligation (67.5 days & 58 days respectively) for fuel oil and regular kerosene, this can be met by a category termed ‘Any Oil’...
News
OptiMate is the key to MechTronic success in Ireland
...Dundalk Oil, Atlantic Oils and Stewart Oils all placing (and receiving) orders in 2020. Barry Finlay at Dundalk Oil said; “We are delighted to be the first fuel oil operative...
Interview
In conversation with Dave Walmsley: enthusiastic for NWF Fuels expansion
...positions at Palletways and Lyreco. Margaret Major, managing editor of Fuel Oil News, caught up with Dave to find out how fuel distribution differs from his previous roles and what...
Interview
The battle to offer a competitive product
...average price. It is apparent that competing on price is paramount for oil distributors with most consumers now ordering smaller amounts of fuel, less often. What is also important is...
Insight
Association stats show steady progress towards net zero
...fuels. Growth in renewable fuel consumption Among the headline findings this year is that renewable fuel use, which on average has an overall greenhouse gas (GHG) saving of 82% compared...