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Portland report July

Market Report

Elections and energy policy: a powerful combination

...and for the last 5 years, the national oil company (PEMEX) has been used as a vehicle for both economic state building and poverty alleviation. New domestic oil exploration licenses...

News

OFTEC launches “Tank Safe” campaign

...“Fortunately leaks are rare, but the consequences of oil spills aren’t just inconvenient for the homeowner, they can be a serious issue for the environment, depending on how much oil...

News

Products and markets

...range consists of petrol, diesel, aviation fuel, LPG, fuel oil, gas oil and heating oil.  With the exception of fuel oil and LPG all products can be transported via the...

News

Backing a certainty

Paul Vian – ambitious plans for Certas Energy In November 1999, I interviewed my very first fuel distributor at Carlton Fuels which had just been listed among the north-west’s top...

News

A legacy of diversity

...quality of kerosene in particular is therefore vital, as it makes up 80% of the company’s fuel orders, with 15% being gas oil and 5% diesel. Judith explained: “In this...

News

Stanlow’s strong performance

Reducing production of lower margin products such as fuel oil and naphtha, Essar’s Stanlow refinery has increased the yield of high margin products such as gasoline and middle distillates Essar...

News

Oil theft on the rise

...crude oil rises and are advising homeowners to take a few simple steps to secure their oil tanks. These include keeping oil levels as low as necessary to reduce the...

Insight

Gas grid and storage facilities in the UK

...circa 170,000 miles of pipelines. The above infrastructure supports the largest gas market in Europe at just under 80 billion M3 in 2012 (70 million tonnes of oil equivalent) –...

Insight

A vertically challenged market

...UK oil market has seen a gradual shift away from domination by the oil majors and mini majors. Their rationalisation and repositioning created a vacuum now filled by importers and...

News

INEOS completes Forties Pipeline acquisition from BP 

...responsibility for a strategic UK asset that delivers almost 40% of the UK’s North Sea oil and gas output, INEOS has further strengthened its long-term oil and gas activity.  The...

Interview

A better strategy for Irish distributors

...capital employed (ROCE) The RoI heating oil market is oversupplied – simply put, there are too many oil distributors. This equilibrium imbalance can only be resolved by a reduction in...

News

ESL Fuels hits one billion litre sales for Ultra 35

Established in 1999, initially as one of the first commercial pioneers of biodiesel, ESL Fuels is a blender and supplier that specialises in the manufacture of innovative fuel products such...