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...
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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...
News
In Conversation with Klass Oil: a class act in energy distribution
...Tom Kirrane in the oil industry for nearly 40 years. Originally setting up Emo Oil, Tom ran Texoil as a joint venture with Chevron until he sold his share in...
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...
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....
Interview
Goals, ambitions and strategies: The expansion of the EET retail network
...happening. The drive for sustainable processes starts at the refinery and will feed right down to the forecourts. Our partners will have a huge part to play in this, we...
Analysis
Fuelling progress: future fuels for transport decarbonisation
...carbon solutions for UK customers. GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat. The product range includes HVO Gd+, a low emission, advanced...
News
Greenergy reports 82 per cent profit rise
Greenergy, which supplies almost one quarter of the UK’s road fuels, reported an 82 per cent rise in profit due to cheaper feedstock and increased sales amid a growing market...
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...
Interview
Fuelling the future: The voice of the next generation
...Community Content Lead at Fuel Oil News, spoke with Luke Nolan, Sales Manager at Nolan Oils and Emma Osborn-Wilkes, Managing Director at Halso Fuels UK and EL-Oils to discuss how...
Interview
TEC: driving forward through innovation
...also developed two new oil reeling hoses specifically for the oil distribution industry – TECOIL and FUELTEC. FUELTEC is now a market leader and TECOIL entered the market in mid-2022...
News
The renaissance of Grangemouth
Carrying 27,500m3 of ethane from US shale fields, the INEOS Insight heads for Grangemouth with the words ‘Shale Gas for Manufacturing’ emblazoned on its side Yesterday morning Fuel Oil News...