Insight
Key challenges and opportunities facing the fuel distributor
...commitment to cease supply of heating oil to properties off the gas grid during the 2020s, when use of liquid fuels for space heating is envisaged to fall to ‘very...
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Opinion
USA turn from fossil fuel ‘more direct, more fierce and quicker’ than expected
...the three largest sources of greenhouse gas emissions: vehicles, power plants and methane leaks from oil and gas wells. Many displaced fossil-fuel workers will be put to work sealing off...
Insight
Rapidly changing oil market creates pricing and supply issues
...Agency has stated, “send a unified and strong message to global oil markets that there will be no shortfall in supplies.” On 18 March, oil prices hit almost $130 (£99)...
News
Fuel Prices Online™ merges with The Oil Market Journal™
...announced their merger. Both FPO and OMJ provide intraday and settlement oil price information to UK and Irish oil distributors, service stations and other large volume oil buyers. Basil Shourou...
Insight
Oil-price survey forecasts Brent to be above $80 a barrel by end of 2024
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...
News
Activists claim oil terminals were ‘totally blocked’ in new protests
...by Just Stop Oil with several weeks of coordinated protest actions at oil terminals and other oil infrastructure in the Midlands and south of England from April. Pausing oil terminal...
Market Report
Prices and predictions – what does 2025 have in store?
...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...
Insight
A look at the shape of the future UK downstream oil sector landscape
...and shape of the network come 2030. Ground transport fuels: Sales of these grades (diesel, petrol & gasoil) represent 60% of total inland refined product deliveries, so are the bread...
News
US oil price falls below zero for the first time in history
The leading representative body for the UK’s offshore oil and gas sector has warned the latest oil price developments could fundamentally undermine the ability of the industry to recover and...
News
Oil and gas apprenticeship scheme open for applications
Recruitment for this year’s Oil and Gas Technical Apprenticeship Programme (OGTAP) is ongoing until 25 March, as the innovative scheme searches for its 2022 cohort. The OGTAP scheme, managed by...
News
Oil theft – oil industry shows support with donation
...Northern Ireland Oil Federation (NIOF) resulted in Solo Direct offering to give the unit 1,000 litres of oil to help during this difficult time. With £1,000 worth of oil stolen...
News
Theft threat?
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...
Insight
No easy decisions at Whitegate
...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...
News
Green fuel from waste producer wins £4m funding to capture CO2
Compact Syngas Solutions (CSS), a Deeside-based green fuel producer, has developed an advanced gasification process that generates hydrogen gas from waste products, including biomass like waste wood and other selected...
News
Oil recycling specialist Slicker expands further with Oil Monster acquisition
...with their own carbon cutting and sustainability agenda, re-refining their waste oil back into base oil through our own re-refinery.” “We welcome everyone at Oil Monster into the Slicker family...
Interview
Kevin McPartlan of Fuels for Ireland
...the highest dependencies on oil of all the European countries with some counties 75% reliant on oil for home heating. There are many in rural communities who drive 2.5 times...
News
Hoyer joins forces to equip itself for energy transition
...stations, airports and commercial customers. In this business area, Hoyer sees a growing future demand in the supply of gases such as liquified natural gas (LNG), compressed natural gas (CNG)...
Interview
In Conversation with Klass Oil: a class act in energy distribution
...Tom Kirrane in the oil industry for nearly 40 years. Originally setting up Emo Oil, Tom ran Texoil as a joint venture with Chevron until he sold his share in...