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...into effect today, 5 December, in an already churning oil market. Speaking after yesterday’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “The decision by OPEC+...
...international requirements to maintain the requisite minimum levels of oil stocks to mitigate any supply crisis. These were: EU obligations Under EU Oil Stocking Directive 2009/119/EC, members are required to...
...joined the programme: “DCC Oil Group was in the process of merging three oil companies – Jones Oils, Campus Oils and Emo Oils. We were looking for a complete transport...
...oil. 150 oil heated properties, from homes, businesses, schools to churches have already successfully switched to HVO as part of the industry funded demonstration, with no major technical hurdles and...
...Total, etc. These vertically integrated international oil companies (IOCs) have been joined by state owned concerns, or national oil companies ( NOCd )- names such as Aramco, Kuwait Petroleum, IPC,...
...Top Oil has invested in its Dublin terminal Tackling low margins Outlining how consumer spending has changed, Martin said heating oil order sizes had reduced to 500 litres and even...
...rising demand for refined oil products. Indeed, the same report pointed out that the UK depends on imports for 44% of its heating oil requirements. A fact that vividly illustrates...
...by net zero.” This was something highlighted by Elizabeth’s predecessor, Stephen Marcos Jones, in the November issue of Fuel Oil News: “Within the downstream sector we have a highly skilled,...
...of the Year Award. Green Award sponsored by Oilshield For the 6th year, Oilshield, which provides insurance and risk management solutions for fuel oil distributors, is sponsoring the Green Award....
...own Future Vision Report, released in July 2019. The report outlined a belief that the downstream oil sector can be a force for positive change that can help all users of...
...project for major improvements to key units at the Stanlow refinery which will deliver a further reduction in crude oil costs and improved yields across the finished product range. www.essaroil.co.uk...
BEIS Committee is supportive of the Government’s draft Downstream Oil Resilience Bill and its intention to protect fuel supplies but has warned that its powers are “unusually and unacceptably broad”....
Eamon Convery is the owner and manager of Convery Oils, a modern fuel distribution business based just outside Kilrea in Northern Ireland. Convery Oils delivers fuel products throughout Co. Derry,...
...High Sulphur Fuel Oil LSFO – Low Sulphur Fuel Oil LSMGO – Low Sulphur Marine Gas Oil IFO – Intermediate Fuel Oil ECUK – East Coast UK ECA – Emission...
...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...
Jeremy Hawksley speaking about Oilsave and the fight for oil heating at the Fuel Oil News Distributor Debate earlier this month. See the March issue of Fuel Oil News for...
...attractively low oil prices. The two biggest strategic buyers of oil in the world are the oil reserve companies of the USA and China respectively, both of whom are currently...
...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...
