News
Manx Petroleum – Fuelled with island spirit
...UK downstream has seen Manx Petroleum go through a period of transition leading to the creation of a new brand identity. To learn more, Fuel Oil News visited the company...
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Opinion
Logistics operators report escalating costs as fuel prices soar
...than six in ten saying that both air and international road freight rates had also increased substantially. Fuel cost increase is impacting demand Bulk diesel prices, which constitute about 30%...
Analysis
A year in the wholesale markets
...terminals has allowed us to grow our contracted and spot volumes. Prax is now a significant supplier of fuels to the distributer sector. By importing larger cargoes of fuel and...
News
Oil-fired homes – the clear winners
...July 2014, oil prices have fallen by approximately 34-35% for both existing and newer properties in the UK and by approximately 29% for dwellings in the Republic of Ireland. Compared...
News
Government urged to set achievable SAF targets and consider impacts on kerosene supply
...achievable Sustainable Aviation Fuel (SAF) target in jet fuels is 0.5% by 2025. Setting a higher target would not reduce greenhouse gas emissions any further but could put up prices...
Analysis
Potential impacts of April’s NIC and minimum wage changes
...rising costs, from fluctuating fuel prices to vehicle maintenance and insurance. With the increase in NICs and wages, a company could see a significant increase in annual payroll costs. For...
News
Ready for a top up?
...said transport manager, Mark Mackenzie. “It’s becoming less popular as everyone’s pushed further into comparing prices for everything. When prices didn’t change every five minutes you’d find a much more...
Analysis
Prax – a fast track wholesaler
...always follow price. As fuel prices have rocketed, customers are hitting credit limits that much quicker – they’re looking for good service from a wholesaler who’s willing to listen and...
Opinion
Consequences of IMO 2020
...Given the impacts of the virus, lockdown, oil prices and environmental imperatives on the whole fuel market and the implications for strategic planning and buying relationships we speak with Brian Coyne,...
Opinion
Creating a low carbon energy system
...Prices over the last 10 years have fluctuated between 55p and 70p per litre and were significantly lower during the pandemic (30p) when aviation fuel demand dropped. “UKIFDA members collect...
Opinion
CIA President speaks out against the UK Government’s lack of energy policy
...UK consumers at the mercy of foreign producers and causes massive volatility in prices, pushing yet more people into fuel poverty. To give you a feel for the impact of this,...
News
Success despite oil demand & price slump
...average of five per cent less fuel by volume in 2020 compared to the year before, although demand in the retail and commercial and road fuel sectors fell significantly further...
Market Report
When the tide won’t turn: Markets surging past the pull of policy
...available for exploration. In Trump’s mind, these actions will lead to increased oil production and (as a consequence) reduced gasoline prices for US consumers. It is true that the second...
News
Huge boost for HVO as Government agrees with removal of import measures
...Bruce Woodall, chairman of OTS Group Ltd, a company with 50 years’ experience in the fuel sector and taking an active lead in creating a sustainable future for fuelling solutions,...
News
World Fuel Services enables airport to offer continual sustainable aviation fuel supply
...fuel to business and commercial aviation customers worldwide. “Making sustainable aviation fuel available at Inverness furthers the adoption of cleaner fuels. World Fuel will continue investing in innovative solutions and expanding renewable and...
News
Trade body name change reflects move towards more sustainable fuels
...refineries in the UK and source over 85% of transport fuels used, Fuels Industry UK aims to shape an energy secure, low carbon fuels future for the UK that benefits...
News
New initiative launched to crack down on fuel thieves
Fuel Additive Science Technologies Ltd has teamed up with Nottinghamshire Constabulary in a bid to put a stop to fuel thieves causing misery to local businesses. Officers from the Worksop...
Opinion
CCUS: why the UK needs it for net zero
...captured CO2 can be reacted with low carbon hydrogen to create E-fuels. These ‘drop-in’ fuels can directly replace conventional fuels using existing infrastructure and are a promising alternative to fossil...