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News

UK government guarantees Grangemouth upgrade loan

The UK will guarantee a 230-million-pound ($394 million) loan for an upgrade of Ineos AG’s petrochemical plant at Grangemouth in Scotland, protecting jobs ahead of September’s independence referendum. The loan guarantee...

News

New TSA president

Paul Denmead director of terminal operations UK for World Fuel Services In late March Paul Denmead, director of terminal operations UK for World Fuel Services and vice-president of the Tank...

Insight

What is the outlook for UK refining?

...This scarcely provides an incentive for continued refining operations in the UK/Europe. •Less UK refining capacity would leave the UK even more exposed to the international refined product market for...

News

Waste oil – where are we in 2011

...comes to managing waste oil” Obligations for producers In 2010 the UK introduced the revised EU Waste Framework Directive (rWFD) into national legislation and this placed a number of obligations...

News

Highlighting the importance of the downstream oil sector

UKPIA director general, Stephen Marcos Jones, attended the annual reception for the UK downstream oil industry where Martin Vickers MP acknowledged the sector to ‘be a valuable and strategic asset...
A look at events impacting fuel prices in November and predictions for December

News

Thoughts on fuel prices – November in review

...prices lower. The pound wasn’t just relying on a weak dollar to gain strength though. It also rallied slightly against the Euro following the announcement that although UK economic activity...