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According to the majority (53%) of respondents to Bloomberg Intelligence’s February oil-price survey, Brent oil is expected to be above $80 a barrel at the end of 2024 – the...
...Sea being profitable as oil is below $60 per barrel. “It is almost impossible to make money at these oil prices,” says Mr Allan, director of Premier Oil in addition...
...where products that optimise combustion and increase fuel efficiencies of diesel, biofuels, HVO and other fuels can make a difference by enabling significant financial savings through reduced fuel consumption as...
...fuels are, demonstrating the role sustainable fuels can play in de-carbonising both modern and classic cars, and further highlighting how sustainable fuels could complement Mazda’s Multi-Solution approach to achieving climate...
Boris Ivanov Boris Ivanov, founder of GPB Global Resources discusses how the fuel oil industry can begin to prepare for the new oil world. With BP cutting 10,000 jobs and...
...own forecasts for 2024 oil prices. Our headline prediction in Jan ’24 was for oil prices to “trend sideways and stay in the $70-$80 per barrel mark”. Arguably this was...
...HVO, and for being a Renewable Fuel Supplier under Zemo’s Renewable Fuels Assurance Scheme (RFAS), which reassures fleet operators they are purchasing bulk supplies of guaranteed and reportable sustainable fuel....
...capacity to produce enough renewable liquid fuel to meet biofuel consumption several times over. In fact, the projected renewable liquid fuels yield would exceed demand by between 243 – 560%....
...Ian Forsyth, Regional General Manager, Highland Fuels. Founded in Inverness in 1957, Highland Fuels is a growing, forward-thinking supplier of energy for homes, businesses, vehicles and marine craft in Scotland...
...plans for further expansion. Claudia Weeks, Community Content Lead for Fuel Oil News, spoke with Adrian Hancox, Head of Lynx Fuels, to find out more about the new opening and...
...managing director of GPB Global Resources B.V., the broader impacts of coronavirus on the oil industry Plummeting oil prices have had worldwide consequences but have been particularly painful for the...
...more oil buying clubs, there will inevitably be more – batten down the hatches!” For further comment see the Value Oils blog – www.valueoils.com/blog/home-heating/heating-oil-buying-groups-2/ Joe Bradley, Bradley Fuels “I don’t...
...the UK is already cutting fossil fuel extraction. The nation’s oil and gas production actually peaked in 1999 when our continental shelf produced the equivalent of 1.7bn barrels of oil...
...at a European, national and regional level. With over 1.5 million heating oil installations throughout these islands and millions more across Europe, the oil storage tank industry and the oil...
...the oil industry responded generously with Solo Direct offering Whitehaven 1,000 litres of oil to demonstrate their support in this tough situation.” At Solo Direct Andrew Hutchinson told Fuel Oil...
When the price of crude oil rises, reports of oil theft increase. Alex Porter spoke to distributors about the situation in their area A recent article on the Fuel Oil...
...support the country’s oil needs is Whitegate. Oil refining on the island of Ireland Originally commissioned in 1959, Whitegate has a distillation capacity of 71,000 bpd. One third of output...
...editor for Fuel Oil News, spoke with operations director, Kiran Shaw, and technical director, Greg Clarke, who head up IFC Inflow, to hear more about the company’s evolution and where...
