News
OptiMate is the key to MechTronic success in Ireland
...Dundalk Oil, Atlantic Oils and Stewart Oils all placing (and receiving) orders in 2020. Barry Finlay at Dundalk Oil said; “We are delighted to be the first fuel oil operative...
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News
Will liquid fuels be heating homes in 2030?
...the market for oil boilers predominantly in the replacement sector, OFTEC’s strategy is to retain the present oil-fired boiler market share. Using initiatives such as the Oilsave campaign, OFTEC is...
Opinion
Business and energy minister backs winter fuel readiness campaign
...UKIFDA chief executive adds; “It is our hope that this campaign will help and encourage the 1.5m UK households who have oil heating to take winter readiness measures. Oil is...
News
Heat decarbonisation a step closer as Ireland greenlights Renewable Heat Obligation
...reducing Ireland’s heating emissions. Energy security With over 70% of heating fuels currently imported, the scheme aims to strengthen Ireland’s energy independence by encouraging native production. Alignment with national climate...
News
£800,000 investment expands HVO fuel trials
...oil heating to the renewable fuel Hydrotreated Vegetable Oil (HVO) this winter, amounting to an initial investment of over £800,000. The news follows the publication of the government’s Heat and...
Opinion
Free oil? Not today …
...unlikely to have sold any physical oil at negative prices. The oil industry is already absorbing much of the short-term price shock by putting oil into storage, both on land...
Insight
How does the french downstream sector compare to the UK?
...heating oil continues to be a material source of fuel/energy for heating purposes. Rationalisation of the refinery network has been pursued with particular urgency over the past five years with...
News
Firebird highlights HVO opportunity during Minister’s visit
...with oil distributors, service engineers, and home heating solution manufacturers to tackle this issue, to convince the Government to officially recognise biofuels for heating and to remove obstacles to its...
News
Phasing out fossil fuel in home heating
...with a strong focus on investment in electrification of domestic heating as expected, was followed by the full document confirming the headline commitments to decarbonise the home heating sector with...
News
Significant changes to the UK heating market
...heating installers Significant changes are coming to the UK heating market that will affect thousands of installers and heating engineers. A survey launched today gives you the opportunity to shape...
Insight
Rapidly changing oil market creates pricing and supply issues
With the price of heating oil more than tripling over the past 6 months and continuing to fluctuate unpredictably, distributors have reported issues with product availability and cost and voiced...
News
Cheaper heating bills for oil households
Latest figures show that oil continues to be the only primary heating fuel to have fallen in price over the past three years, making it the cheapest option for off...
News
FPS gets ready for winter
The Federation of Petroleum Suppliers has once again launched a campaign to encourage the 1.25m homeowners who use heating oil to be prepared for winter and order heating oil while...
Insight
Security of oil supply in the fuel distribution sector
...of Russia’s role in the petroleum industry as the world’s second-largest crude oil producer and largest exporter of refined oil products. Closer to home, Russia supplies about 30% of Europe’s...
Market Report
The eternal influence of black gold
...oil company) and, instead, is an operating tri-venture between Exxon Mobil (45%), Amerada Hess (30%) and China’s National Offshore Oil Corporation (25%). With little experience in negotiating oil concessions, Guyana’s...
News
UKIFDA and OFTEC launch ‘Be Winter Wise’ campaign for heating oil users
...oil supplier to include them in it. The campaign also provides resources for heating oil users who are struggling to pay for their oil, including the Government’s Help For Households...
News
MP visits first ever fossil-free HVO village, converted in industry trials
...alternative to oil. Thousands of our customers across Cornwall and the South West will have to change their oil-fired heating systems in the not-too-distant future, and that’s why we’re doing...
News
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...