News
UKIFDA to reward sustainability with new award
UKIFDA has launched the 2021 UKIFDA Green Awards in collaboration with insurance and risk management solution Oilshield. Now in its third year, the UKIFDA Green Award is sponsored by Oilshield...
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Interview
The evolving scope of fuel logistics
...Technician and equipment shortages, Just Stop Oil protests, a fuel crisis and the impact of the war in the Ukraine with the move away from Russian oil and the supply...
News
BP halves dividend after record loss, but the future looks bright
...pledging to increase low-carbon spending to $5b a year by 2030, and boost renewable power generation to 50 gigawatts while shrinking oil and gas output by 40% compared with 2019....
News
Future fuel ready tanker is Fuel Oil News Tanker of the Year
...title of Fuel Oil News 2021 Tanker of the Year An independent distributor, Kettlewell Fuels has been on the road since 1987, delivering domestic heating oil, agricultural gas oil and...
News
PRAX agrees deal for 340-site European forecourt network
The Prax Group has announced that it has signed a Sales and Purchase Agreement (SPA) to acquire, from Mabanaft Gmbh & Co KG, 100% of the share capital of OIL!...
News
Essar expands fuel distribution into the South East following Oikos Storage agreement
A deal with Essex-based Oikos Storage will allow Essar Oil (UK) Ltd to expand fuel distribution into new markets beyond its traditional North West and Midland regions Under the agreement,...
Analysis
Planning for the future: Nextgen skills for the fuels sector
...by net zero.” This was something highlighted by Elizabeth’s predecessor, Stephen Marcos Jones, in the November issue of Fuel Oil News: “Within the downstream sector we have a highly skilled,...
News
Success despite oil demand & price slump
...slump in demand for petroleum products during lockdown, as well as an accompanying fall in oil prices, resulted in a 22 per cent drop in Group turnover, down from £509.3m...
News
Industry solutions provider marks anniversary with expansion into downstream
...company providing integrated process, instrumentation and control solutions. It serves markets including oil and gas, power and utilities, offshore renewables, manufacturing, distilleries, education, healthcare, food and beverage and the military. ...
News
£1bn investment in hydrogen venture supports Essar future
...Liverpool. Waste fuel gases from Essar Stanlow, and natural gas, will be converted by Vertex Hydrogen into hydrogen, with carbon dioxide safely captured and stored underground by HyNet partner Eni...
News
Board appointment brings valuable transition expertise
Petrofac’s New Energy Services Chief joins the OGUK board, bringing valuable experience to the oil and gas industry transition to low carbon energy. John Pearson, chief operating officer of Petrofac’s...
News
Phillip 66 advances Humber Zero carbon capture plant with support contract award
Phillips 66 Limited Humber Refinery has awarded Babcock & Wilcox (B&W) a contract to design a pre-treatment process for flue gas as part of plans for a new carbon capture...
Analysis
Clean energy jobs now outnumber fossil fuel ones as transition drives growth
...in 2019. This significant increase since has pushed global energy sector employment above pre-pandemic levels – despite oil and gas still struggling to recover from big layoffs in the early...
Opinion
Oil and gas industry welcomes Chancellors’ Budget
The UK oil and gas industry has welcomed some of the measures announced by the Chancellor in today’s Budget, adding that now close cooperation with the sector is essential to...
Opinion
Firth of Forth hub for net zero transition
Scotland has a critical role to play in supporting the UK’s net zero ambitions. Vast offshore renewable resource potential combined with a rich oil and gas legacy has created deep...
News
Greenergy agrees terms for sale of service station network to focus on renewables
...of Global Fuels, the fastest growing and one of the largest gas station networks in the country. “It is consistent with our strategy to develop the leading gas station network...
Insight
TotalEnergies: Energy Outlook 2021
...focus will embrace the full spectrum of energy sources: oil, gas, biomass, wind and solar. This will be accompanied by a switch of emphasis which will see oil product sales,...
News
New CSS figures reveal the extent of hydrogen wastage across the UK
...carbon capture. CSS has developed an advanced gasification process that generates hydrogen gas from waste products, including biomass like waste wood and other selected non-recyclable materials. The company plans to...