Insight
Downstream future: decarbonisation, collaboration and digitalisation
...is at its sharpest for the oil and gas sector, particularly in the run in to COP28, which is being held in the United Arab Emirates later this year. Ahead...
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Acquisitions and long-term supply contract for JET Retail UK
...the furthest being Simpson Oils Ormlie site in Thurso. Since acquiring Francis Street in September 2019, Simpson Oils has made some infrastructure improvements. Further plans are in place to install...
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Ensuring the new government hears FPS members
...Grant, who is based in Certas Energy’s Coleshill depot, takes over the presidency from Mark Nolan of Nolan Fuel Oils who has been president for the last two years. Duncan...
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Oil industry stars recognised
...challenges going forward but with the current competitive price of oil, which is predicted to remain low, and a revival in oil boiler sales, we remain optimistic about the future....
Insight
Refining operations
...yield pattern by principal product category is as follows: Petrol @ 25% Jet A-1/ Kerosene @ 13% Diesel/Gasoil @ 30% Fuel Oil & Bitumen @ 15% LPG & Speciality Products...
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Streamlining the UK’s downstream infrastructure
...being falling market demand following the oil price rise in the aftermath of the first ‘oil shock’ which followed the October 1973 Yom Kippur conflict in the Middle East. Further...
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Protecting consumers against summer oil theft
...tank on a regular basis. Remote electronic oil level gauges are available which will set off an audible alarm if the oil level in the tank suddenly drops or falls below...
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People are the passion at Craggs Energy
...out a space for themselves in the oil distribution business, writes Alex Porter Only in operation since October 2011, the company has focused on the individual and a new approach...
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Scotland’s first vegetable oil heated home
Recycled vegetable oil is being used for the first time to heat a home in Scotland. The revolutionary renewable fuel has been identified as a key alternative clean energy source...
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‘A real thirst for expansion and growth’ at Aztec Oils
Derbyshire–based Aztec Oils recently completed the acquisition of the lubricant, pre-packaged fuel and contract packing business of Multispec Limited – formally Caldo Oils – for an undisclosed sum. (l-r) John Longstaff, BHP Corporate Finance; Andrew Fielder, Banner Jones; Mark Lord, and Janis Hartshorne, Aztec Oils; Matthew Chenery, Barclays and Katie Ash, Banner Jones Aztec...
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Prax Lindsey launches first-of-its kind apprenticeship to support low carbon transition
Prax Lindsey oil refinery, a member of the Prax Group of companies, is partnering with apprenticeship provider, HETA (Humberside Engineering Training Association), to launch a new apprenticeship – the first...
Insight
Shared deliveries …
Up until the mid 1980s, oil companies in the UK were self sufficient in the ownership and management of their road tanker fleets. In 1985 a wind of change started to...
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Joint launch for ‘Get Winter Ready’ campaign
...UK to change their energy habits. Credit: Nastco Advising customers to order a supply of heating oil early, get their boiler serviced and check the oil tank in the garden...
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Heating oil – a year as the cheapest form of energy
...“The average annual heating costs for heating oil users have fallen every quarter for the last three years and since April 2015 the price of domestic heating oil has fallen...
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EOGB hits out at oil’s exclusion from ECO funding
...acknowledge ongoing innovation in the oil heating sector, following proposals to exclude oil from the next round of the Energy Company Obligation (ECO) scheme. The proposed changes to ECO, which...
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The latest oil industry statistics
...the review, commented: “The downstream fuels sector has an historic role in underpinning economic prosperity in the UK, and as the UKPIA’s latest Annual Statistical Review reminds us, oil still...
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Thames Oilport completes first phase of development
...of these shipments is a major milestone that brings fuel into the terminal for the first time since the closure of the Coryton refinery. The development of Thames Oilport is...
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Stanlow – new long term working capital funding facilities
Essar Oil UK’s Stanlow refinery, which has reported ‘strong results and healthy financials’ produces approximately 15% of UK transport fuels, including three billion litres of petrol, 3.5 billion litres of...