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News

ABB wins major project to relocate refinery

Having ceased production in November 2014, approximately 60% of Milford Haven’s refinery’s process units will be dismantled and rebuilt at an existing facility located outside the UK.  Site relocation is...

Insight

What is the outlook for UK refining?

Since the closure of BP’s Belfast plant in 1982, the UK refinery network has undergone continuous shrinkage, from 18 facilities with a total distillation capacity of 132 million tonnes (mt)...

News

A feeling of insecurity?

...oil, gas and coal exporter to Europe.  In the oil industry, EU-Russia cooperation has been growing over recent years with European companies active in Russian exploration and production, while Russian...

News

Crude oil supply – Essar enters new arrangement

Essar Oil UK has entered into new arrangements with Barclays Bank plc to cover the supply of crude oil to its Stanlow refinery. Under the new arrangements, Barclays will hold...
Biodiesel pump

Sponsored

ESL Fuels Biofuel Market Update – Q1 2025

Feedstocks Following a strong rally in the final quarter of 2024, Northwest European (NWE) UCO prices continued to strengthen across Q1, rising 10% to reach a two-year high of $1140/mt...
High cost and limited feedstock hinder scaling of SAF

News

High cost and limited feedstock hinder scaling of SAF

High cost and limited feedstock are key hurdles facing the scaling of global sustainable fuel (SAF) production, according to a recent report by Energy Industries Council (EIC) on the global...

Opinion

Free oil? Not today …

...unlikely to have sold any physical oil at negative prices. The oil industry is already absorbing much of the short-term price shock by putting oil into storage, both on land...

News

February 2016 update

...of the crude oil sold around the world. The vast majority of crude oil is sold at a discount to these two grades. So when we talk about $20 a...
A new approach born from a deep understanding of fuel distribution

Interview

Value Oils: leader in online fuel distribution

...Oils? “There are many benefits for suppliers selling oil through our website, including: • They are in complete control of the pricing and delivery windows they offer and can easily...

Insight

Marine bunkering – fuel for a vital activity

...oil/ light fuel oil, with maximum density which can range between 0.890 and 0.920 kg/m3 at 15 degrees C Marine gas oil – meets the inland heating oil specification i.e....
Portland report image

Market Report

The eternal influence of black gold

...oil company) and, instead, is an operating tri-venture between Exxon Mobil (45%), Amerada Hess (30%) and China’s National Offshore Oil Corporation (25%). With little experience in negotiating oil concessions, Guyana’s...
QMRE

Case Study

QMRE: Transforming plastic waste into sustainable solutions

...most pressing environmental problems facing society today – how to deal with the millions of tonnes of plastic waste created every year. Margaret Major, Publishing Director for Fuel Oil News,...

News

Products and markets

...range consists of petrol, diesel, aviation fuel, LPG, fuel oil, gas oil and heating oil.  With the exception of fuel oil and LPG all products can be transported via the...

Insight

A vertically challenged market

...UK oil market has seen a gradual shift away from domination by the oil majors and mini majors. Their rationalisation and repositioning created a vacuum now filled by importers and...