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...power increases up to 5.6 percent, and when the nanotechnology oil was tested against a competitor’s oil, Nanodrive recorded 33% lower friction. Application of the technology to road car oils...
...solar and heat pumps. The census shows that the number of oil-heated homes has dropped 3% since the last census. It is likely that many oil-heated homes are in the...
...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...
...secure affordable oil. A General Licence will be published shortly that will provide an Oil Price Cap exception for third countries, so that firms supplying oil to them are able...
Ian Moore, founder and managing director of The Oil Market Journal, takes us through the year, highlighting the main impacts affecting the oil price in 2022. Contained within this article...
North West-based Crown Oil has strengthened its brand in the North West after acquiring an £18m-turnover oil supplier. The Greater Manchester company, part of the £420m-turnover Crown Oil family of...
...crude oil stocks of 4.5 million barrels, had an immediate impact on the oil price with crude oil trading lower the morning after the OPEC+ agreement was announced. Falling below...
...incredibly proud of the level of support shown by the staff here at Crown Oil.” Compass Fuel Oils supports Galloways Society for the Blind Compass Fuel Oils, the Penwortham-based fuel...
...has been warned that 30,000 jobs in the gas and oil sector could be lost, with oil prices falling to their lowest in two decades. But, despite the global crash...
...Bashneft. The agenda at the Oil Terminal 2015 industry forum reflects how growing oil exports have led to additional demands to increase the capacity of tank farms and exporting oil terminals....
...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)...
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...
...Sea being profitable as oil is below $60 per barrel. “It is almost impossible to make money at these oil prices,” says Mr Allan, director of Premier Oil in addition...
Boris Ivanov Boris Ivanov, founder of GPB Global Resources discusses how the fuel oil industry can begin to prepare for the new oil world. With BP cutting 10,000 jobs and...
...Kerosene: This product heralded the age of the oil industry in the late 19th century when it was sold as lamp oil. The balance of probability is that its use...
...managing director of GPB Global Resources B.V., the broader impacts of coronavirus on the oil industry Plummeting oil prices have had worldwide consequences but have been particularly painful for the...
...more oil buying clubs, there will inevitably be more – batten down the hatches!” For further comment see the Value Oils blog – www.valueoils.com/blog/home-heating/heating-oil-buying-groups-2/ Joe Bradley, Bradley Fuels “I don’t...
...to cut emissions from oil and gas production, currently totalling about 18.5m tonnes a year, to net zero by 2050. This could include the electrification of offshore oil and gas...