Opinion
OGUK welcomes climate report impetus
The IPCC’s latest report on changes in the global climate was today backed by OGUK for adding new impetus to the transition to low-carbon energy. Having considered the physical science...
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Insight
Marine bunkering – fuel for a vital activity
...are known as ‘stems’ within the trade. Current and future challenges Although shipping movements account for just under 3% of global greenhouse gas emissions, there have already been a...
Opinion
Emissions: how harmful are they?
...add around 35-billion metric tons of carbon dioxide to the atmosphere every year, and as a result, global temperatures are increasing. If humanity continues to emit carbon dioxide at the...
Insight
Security of oil supply in the fuel distribution sector
...in supply security. Recent global events have only served to highlight the impact of supply shortages and we now take a fresh look at this perennial industry topic. A wake-up...
Market Report
Concerts and carbon – what price entertainment?
...carbon, but the artiste does get through 12 costumes per show. As she might say herself, she certainly has Style…! Travel The global nature of music tours predictably means inordinate...
Market Report
The impact of the Red Sea crisis and why expansion to the north could be catastrophic
...traffic sailing past the port has not diminished. In 2023, 24,000 vessels took the Red Sea passage, of which 25% were transporting oil products. Overall, 12% of global trade and...
News
StocExpo 2025 concludes with a vision for the future of tank storage
...Ahoy. Held during a pivotal time for the global energy sector, StocExpo 2025 delivered an expanded programme featuring brand new conference streams, live technology demonstrations, and exclusive networking opportunities. From...
Opinion
“Let’s shift our focus to our customers” – industry reactions to the new government
...partnership at its core. “The bulk storage and energy infrastructure sector is an integral part of a complex web of global activities and supply chains and is well set to...
Opinion
Crude falls below $100/bbl as OPEC+ increases output but for how long?
...biggest partners in the alliance and, before the invasion of Ukraine, was the world’s third largest oil producer accounting for 8-10% of global supply. Russia has no desire to see...
News
Global renewable green hydrogen pioneer Lhyfe launches in UK
Believing that the UK can become a global leader in the sector, renewable green hydrogen pioneer Lhyfe has launched its first UK operation with the aim of large-scale decarbonisation. The...
Insight
What price oil? 2022 in review
...from a downward trajectory fuelled by growing fears of a global economic recession. A price around 80 US dollars meant that, despite a year of highly unpredictable volatility, the price...
News
OPEC+ continues oil production cut in uncertain market
...global economic growth and China’s zero Covid policy.” Adequate supply The outcome fits with Wood Mackenzie’s short-term forecast, which assumed a continuation of the recent cuts. Despite the OPEC+ production...
News
Key supplier in new hands after popular industry couple retires
...Liquip XL Ltd, is part of XL Global Group of companies and will work collaboratively with AMC XL LTD who has operated in this sector for the last 20 years....
News
Board appointment brings valuable transition expertise
...overall accountability for growing Petrofac’s global portfolio in low carbon projects including wind, hydrogen, Carbon Capture Usage and Storage (CCUS), John also leads initiatives that convert waste to energy. Previously...
Opinion
Could electrification decarbonise petrochemical refining?
According to the International Energy Agency (IEA), heat makes up two-thirds of industrial energy demand, and almost one-fifth of global energy consumption – meaning the ways used to produce and...
Opinion
New UK Global Tariff gets positive response
The UK government has marked a key step on the road to an independent UK international trade policy, by announcing the UK’s new MFN tariff regime, the UK Global Tariff...
News
Stable oil prices mean a fall in Group revenue for J.R. Rix & Sons
A return to stable oil prices in the wake of recent global turmoil led to a fall in Group revenue for J.R. Rix & Sons Ltd in 2023. Rix Petroleum...
News
Speakers revealed for StocExpo 2025: From emissions control to hydrogen innovation
...of Directors at aireg and VP of R&T Affairs at Airbus, will share insights on sustainable aviation fuel, highlighting its role in the global energy transition and its potential to...