News
Oil price at seven-year high amid supply concerns
...global oil inventories and the strength of demand. To avoid seeing the price of oil head into the $100 plus territory the best hope is that it is a combination...
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Opinion
Non-energy use of oil products a huge challenge to international trade
...cycle — with spikes in the oil price often occurring before economic recessions,” said Chapman. “Oil has been essential for economic growth, but our reliance on it has created vulnerabilities....
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,...
News
Q3 2012 – oil production and refinery demand
Total energy production, Q3 2012 Production of oil fell by 12.1% in the third quarter of 2012 when compared to the previous year. Oil consumption fell by 1.1%. The Department...
News
Building a retail network at Essar
...been agreed and these will be rolled out over the coming months. This is the first time the company, which owns and operates the Stanlow oil refinery, has supplied product...
News
Another generous donation from Valero Pembroke refinery employees
...2019 Valero Operations Shift workers at the Pembroke refinery have donated another £25,000 to charity. The previous generosity of this Valero team was reported in Fuel Oils News’ June issue,...
News
EET Fuels secures £500m funding on the back of its decarbonisation strategy
...international oil company”. Essar Energy Transition (EET) Fuels, whose Cheshire refinery supplies 16% of all road transport fuels in the UK, says its Stanlow decarbonisation plan “is central to these...
News
New import terminal for oil products at Coryton
...maintenance, security, engineering, truck driving and construction”. “To continue operating as a refinery, some hundreds of millions would have needed to be invested in the plant, and unfortunately this...
News
Oil trader expands into physical assets
The world’s largest oil trader, Vitol has teamed up with Marcel Van Poecke, co-founder of Petroplus, to buy the Cressier refinery in Switzerland. Petroplus administrator, Wenger-Plattner reported last week that...
Analysis
World Fuel Services – spreading the word
...through Liverpool-based Henty Oil and Falmouth Oil, the company has established a solid supply chain which provides light fuels for the domestic, commercial, agricultural and industrial markets in addition to...
News
Milford Haven – frustration and regret
...had collapsed last week. “For the past four years we have worked tirelessly to secure a positive outcome for the future of the refinery and our workforce. Unfortunately, and despite...
Analysis
What is the direction of travel for the UK energy sector?
...Conservative commitment to keeping the oil and gas windfall tax they introduced as well as the allowances that incentivise investment in North Sea oil and gas. The Conservatives The Conservatives...