News
Record results for Essar
...8.97 MMT of crude, a 5% increase on the previous year’s 8.54 MMT. Gross revenues for the 12 months were $4,992 million, a 34% drop to the $7,615 million reported...
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News
Inter Pipeline to acquire NuStar
...Energy, L.P.’s European bulk liquid storage business, NuStar Europe for cash consideration of USD$270 million, or approximately CAD$354 million. The transaction is expected to close in the fourth quarter of...
News
A change in direction for Thomas Silvey
...solutions to businesses through our Miles Monitor range of products – helping them manage and administer their fleets more efficiently. In addition to our fuel card offering, our Miles Monitor...
Interview
Road Tankers Armagh: quality without compromise
...10 years ago that a tanker would one day cost in excess of a quarter of a million euros I’d be asking what you’d been drinking. But it makes it...
Interview
Next generation joins family-owned fuel distributor
...to get more work done in a day as we are only local with deliveries in a 30 mile radius of Bicester. What are your next career steps? To continue...
News
IFC Inflow celebrates 30 years in business
...ahead of the competition and continue to grow into the future. We will invest in our team to assist with continuous professional development and in learning new manufacturing techniques to...
Interview
A unique fuel industry set up for Convery Oils & Convery Engineering
...quality products and services to the local area. Fuel Oil News spoke with Eamon to learn more about these complementary family businesses. “The business was founded by John Convery (Eamon...
Interview
Cotswold Petroleum: 10 years of reliable fuel supplies
...eagerness to learn and contribute makes him an asset, and it’s exciting to see how he will shape the future of the company. The most enjoyable part of the industry...
News
Essar invests £360 million in Stanlow carbon capture facility
In line with its ambition to become a leading low carbon refinery by 2030, Essar has announced plans to build a £360 million carbon capture plant at Stanlow starting in...
Insight
The emergence and growth of Puma Energy
...2014 Employees – 7,350 directly employed with 20,000 indirectly Customers – 23,500+ EBITDA in 2014 – $650 million, an increase of $99 million on 2013 *Based on the latest information...
Opinion
Crude falls below $100/bbl as OPEC+ increases output but for how long?
...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...
News
Oil price at seven-year high amid supply concerns
...23-country cartel struggling with decreasing spare production capacity and Morgan Stanley estimates a potential decline in global spare capacity from the current 6.5 million bpd to just 2 million bpd...
News
New CSS figures reveal the extent of hydrogen wastage across the UK
...What a waste The wasted potential hydrogen would be enough to drive nearly three million miles the equivalent of driving from London to Glasgow 14,292 times. Some 42 million tonnes...
News
Stanlow’s strong performance
...7% increase on the previous year’s 6.35 MMT. Gross revenues for the period stood at $4,041 million, a 35% drop to the $6,257 million reported in FY15, largely due to...
Interview
A rise and a fall at Maxol
...news lately for all the right reasons, the Maxol Group has bucked the recession trend and experienced a €60 million turnaround in its net cash position, from minus €41 million...
News
Millers Oils steps up R & D
Millers Oils officially opened its state of the art Research and Development (R&D) centre in Brighouse, Yorkshire, last month. Millers, which has been supplying lubricants that help save energy for...
News
Zero-emission hydrogen buses travel 1 million miles
This month sees a significant landmark in transport decarbonisation as Wrightbus zero-emission hydrogen double deckers clock up one million miles since first entering service last year. The impressive milestone –...
News
A good infrastructure?
...a total distillation capacity of 132 million metric tonnes (mt) to 7 with a total capacity of 77 million mt. In the 1970s/80s refineries invested in fluid catalytic cracking capacity...