News
The Prax Group to purchase Lindsey Oil Refinery
...integrated across the oil value chain from upstream to downstream,” said Sanjeev Kumar, CEO of the Prax Group. “Acquiring Lindsey Oil Refinery is a natural progression for the Prax Group,...
search | fuel-oil-tankers
Opinion
Stick or Twist: oil services have crucial choices to make as energy transition accelerates
...for the transferability of skills between oil and gas and low carbon, this is not always easy or evident. All oil services companies have core capabilities in particular areas –...
Insight
Industry data: the latest update from the UKIFDA databank
...Temperature review Update on the diesel, gasoil and heating oil consumption to the end of March 2023. Update on prices of heating oil to the end of April 2023 Recent...
News
Prax Group agrees purchase of Total Lindsey Oil Refinery
The Prax Group has signed an agreement with Total to purchase Lindsey Oil Refinery and its associated logistic assets. With a strong track record of integrating acquisitions and managing assets...
News
BP to cut 10,000 jobs as virus hits demand for oil
...squarely at the door of the drop in oil prices and the global collapse in demand for oil owing to the coronavirus pandemic as he told staff; “You are already...
News
New leadership team at Lifecycle Oils fuels expansion plans
Used cooking oil collection, recycling and green fuel generation specialists, Lifecycle Oils, has appointed a new leadership team as part of its ongoing investment, expansion and growth programme. Adam Thompson,...
News
New owner for fuel distributor as popular industry couple retires
After managing the 35-year-old, North Yorkshire based, fuel distribution business Kettlewell Fuels with their experienced team for over 25 years, Janet and Trevor Kettlewell have announced their retirement, naming one...
News
New Vice President for World Fuel Services
...and takes over from Bob Taylor, who will be retiring in May. As vice president, Claire will oversee all aspects of World Fuel’s UK Land business, comprising Watson Fuels, fuel...
Interview
In Conversation with Bangor Fuels
...fuel demand. Here we speak with Damian Fusco, owner of Bangor Fuels in Northern Ireland, to learn how the business has grown and diversified since he took the bold step...
News
Fuel distributor to close Arran depot due to ageing storage tanks
...as the cost of the investment required to replace the ageing fuel tanks would result in an unacceptable increase in the price of the fuel passing through the tanks. The...
Interview
A new chapter for Craggs Energy and Moorland Fuels
...Director (North-West) A dynamic new team Fuel Oil News will be hearing more from Lisa, Abby and Julie as they share their thoughts on the industry, ideas and future plans...
News
£6m equity raise for Renovare Fuels
Sustainable fuels producer, Renovare Fuels, has announced an equity raise of £6 million. The company’s revolutionary technology turns biodegradable waste from homes and industry into advanced renewable biofuels. This investment...
News
Vectec system offers solution to rising fuel theft problem
As reports of fuel theft increase across the UK, leading fuel management firm Vectec is offering an innovative, comprehensive solution to counteract the growing use of powerful pumps capable of...
Analysis
A step in the right direction
...fuel suppliers an obligation in respect of renewable liquid heating fuel that corresponds to or is similar to the Renewable Transport Fuel Obligation (RTFO) provided for in the Energy Act...
News
EET Fuels appoints FEED partner for Stanlow fuel switching project
In line with its decarbonisation strategy, EET Fuels is progressing its hydrogen fuel switching project with Wood, a global leader in consulting and engineering, appointed to deliver the front-end engineering...
News
OTS Group delivers solutions for changing fuels
...there are appropriate fuel delivery, storage and maintenance systems available for these sustainable fuels. Working with organisations like the Fuel Experts Association (FEA), which represents companies who are developing clean...
News
Fuel supply sector review highlights significant losses and growth in low carbon fuel projects
...members saw net losses of £1.8 billion The UK has the greatest number of operational downstream oil sector low carbon liquid fuel or technology projects in Europe – equal only...
News
Highland Fuels supports ports making the switch to sustainable fuels
The Port of Inverness has recently taken delivery of its first batch of Hydrotreated Vegetable Oil (HVO) to use as a replacement for marine gas oil to fuel the Port’s...