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
Showcasing oil heating’s future
...behind the show Facilitating the way into this evolving marketplace is the Oil & Renewable Energy Show. Organised by A&D Publishing – publishers of Fuel Oil News, Oil Installer,...
News
Oil – cheapest home heating fuel by far
With average annual heating costs for oil users falling every quarter for the last three years, consumer confidence in oil heating has greatly increased. This is reflected by rising boiler...
News
Oil – the cheapest of all major heating fuels
...expensive than LPG and 42% cheaper than electricity. A renewed appreciation of the benefits of oil Most experts agree that oil prices will remain low for some time and with...
Insight
The UK energy sector: What is the direction of travel?
...change from the 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...
Interview
A growing network
...offers. “The last few years have been difficult for oil distributors, volumes have fallen and there are tighter margins,” he told Fuel Oil News. “Distributors have had to adapt to...
News
Future energy – a vital topic
...Business School; Fuel Oil News listened to her perspective on the energy markets Oil and gas – mispricing risk Although disagreeing with the peak oil theory, Vivienne sees oil’s role...
News
Reap what you sow
...Web Oil.co.uk exhibits at the Cheshire Show in June Growing the business Owned by Nicholl Fuel Oils and UK Fuels and based in Ellesmere Port, Web Oil.co.uk launched just under...
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...