Market Report
Prices and predictions – what does 2025 have in store?
...own forecasts for 2024 oil prices. Our headline prediction in Jan ’24 was for oil prices to “trend sideways and stay in the $70-$80 per barrel mark”. Arguably this was...
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News
Excellent insight into future fuelling challenges earns Phillips 66 top marks
With customers rating the 2022 conference its most successful to date, Phillips 66 Limited has shared customer feedback on this biennial gathering which was held in Palma this year. The...
News
Honeywell technology to be used by BP to increase its worldwide SAF production
...used to produce SAF commercially since 2016. Developed in conjunction with Eni SpA, the process converts non-edible natural oils, animal fats and other waste feedstocks to renewable diesel and SAF...
News
Slicker Recycling and Castrol take greener approach to used oil management
...and support the circular economy. The used oil is collected and transported to Slicker Recycling’s base oil re-refinery in Denmark which it operates with German partner, Avista AG. Mark Olpin,...
News
Aggreko supercharges investment in oil-free air compressors
...fleet of 100% oil-free electric variable speed driven (VSD) compressors, the company will be introducing new Stage V Diesel 100% oil-free units to strengthen its provision of greener compressed air...
Opinion
“Do you agree with the Northern Ireland Housing Executive (NIHE) that the Province should have more oil buying clubs?”
...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...
Opinion
OGUK welcomes climate report impetus
...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...
News
Fuel for thought…
...at a European, national and regional level. With over 1.5 million heating oil installations throughout these islands and millions more across Europe, the oil storage tank industry and the oil...
News
Oil theft – oil industry shows support with donation
...Northern Ireland Oil Federation (NIOF) resulted in Solo Direct offering to give the unit 1,000 litres of oil to help during this difficult time. With £1,000 worth of oil stolen...
News
Theft threat?
When the price of crude oil rises, reports of oil theft increase. Alex Porter spoke to distributors about the situation in their area A recent article on the Fuel Oil...
News
Growing business in Ireland
In a multimillion-euro deal, Canadian Irving Oil, which owns the Whitegate refinery in Cork, has acquired Top Oil (formerly Tedcastles Oil Products), the brand owned by the Dublin-based Tedcastle Group....
News
Phillips 66 supports SSAFA with charity donation
The Grimsby and Cleethorpes Division of Armed Forces charity, SSAFA, received £1,000 from Phillips 66 Humber Refinery after Ken Weller, Operator, B-Shift, White Oils, made the nomination. When asked why...
News
Record results for Essar
Major initiatives at Essar’s Stanlow refinery have seen a hydrocarbon margin improvement of +$3/bbl in the last four years, taking its margin to + $5/bbl compared to the North West...
Opinion
Industry support for sustainable aviation fuel mandates
...the SAF mandate is about making SAF a more regular part of the supply chain. SAF at scale The Phillips 66 Humber refinery was the first in the UK to...
Insight
Sector decarbonisation: The future transport energy mix
...role for the ICE. In addition, Repsol is planning to establish a synthetic fuels plant near its Petronor refinery, utilising CO2 captured from refinery activity, which would be synthesized with...
News
Approval granted for construction of Teesworks SAF refinery
Redcar and Cleveland Borough Council has approved the plans for Willis Sustainable Fuels (UK) Limited’s Carbonshift PtL SAF refinery project at Teesworks. The approval is a critical step in the...
News
Essar delivers direct to Emirates
...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...
News
Essar agrees landmark aviation fuel supply deal with Liverpool airport
Hot on the heels of its recent announcement of domestic sales volumes ‘significantly ahead of forecast’, Essar Oil (UK) Limited, which owns and operates the Stanlow refinery in Ellesmere Port,...