Interview
The battle to offer a competitive product
...Top Oil has invested in its Dublin terminal Tackling low margins Outlining how consumer spending has changed, Martin said heating oil order sizes had reduced to 500 litres and even...
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News
Could heating oil prices be frozen?
...rising demand for refined oil products. Indeed, the same report pointed out that the UK depends on imports for 44% of its heating oil requirements. A fact that vividly illustrates...
Insight
Task force to take action on UK refining and fuel import issues
...will the new Midstream Oil Task Force be able to fulfill these actions? Reflecting the government’s position on refining, the statements below are taken from the ministerial foreword from DECC’s...
Market Report
Prices and predictions: how did we do in 2025, and what does 2026 hold?
...likely that once again we will have a flat-lining or a lowering of the oil price in 2025”. So we wrote this time last year, when we made our oil...
News
Workers protest over Coryton sale
Workers at the Coryton oil refinery in Essex gathered with their families at Purfleet on 21 and 22 July, to protest against the closure of the refinery and the subsequent...
News
Workforce investment essential to Essar’s low carbon future
Following its positive business update at the turn of the year, Essar Oil (UK) has invested heavily in plans to develop the UK’s first low carbon refinery. In addition to...
News
Essar invests £360 million in Stanlow carbon capture facility
In line with its ambition to become a leading low carbon refinery by 2030, Essar has announced plans to build a £360 million carbon capture plant at Stanlow starting in...
News
It’s a cracker for Essar
...“The project represents a significant multi-million pound investment and is further proof of our determination to ensure Essar Oil UK is sustainably profitable and growing moving forward. “The Stanlow refinery...
News
Petroineos GasOil and Biofuel Workshop
...quality and in particular, the addition of Biofuel to GasOil in a bid to find answers. A spokesman from Petroineos explained: “Petroineos, as Scotland’s only refinery, is a major, but...
News
The UK’s first purpose built oil re-refinery
Hydrodec – fully engaged in the planning, permitting and financing process for its oil re-refinery The Hydrodec Group has announced plans to develop a facility to re-refine used lubricant oils...
News
UK’s first refinery-based hydrogen furnace arrives at Essar Stanlow
After an incredible journey by sea and road that caught the eye of the world’s media, Essar Oil UK has taken delivery of the first-ever hydrogen-powered furnace at a refinery...
News
Phillips 66 enters UK market
...base and an impressive portfolio of business divisions, including consumer-facing marketing and our world-class Humber Refinery,” continued Pete George. A key part of Phillips 66’s global refinery portfolio, the Humber...
Analysis
A year in the wholesale markets
...Esso and the Nisa convenience brand.” Greenergy acquired the former Petroplus refinery on Teesside (now named Greenergy North Tees) in July 2012 and began supplying from the site soon after....
News
Essar ‘strong performance’ update supports energy transition
After a very challenging period, Essar Oil (UK) Limited (Essar) has released a first quarter update for the three months ending 30th June 2022 that reports both operating and financial...
News
Important milestone for joint venture
...cleared and the remaining refinery demolition due to completed in 2016, the partners determined that this is right time to proceed with the sale of excess refinery land. www.thamesenterprisepark.co.uk www.greenergy.com...
News
Coryton assets to be sold to joint venture
...are managing the safe closure of the refinery. The sale follows a five month exercise to explore all the options for the refinery. As stated by the administrators in May,...
News
Petroplus administrators reveal scale of Coryton’s financial woes
...the Coryton refinery. The report provides creditors with a detailed description of progress that has been made in the six months since the appointment of the administrators. Trading losses from...
News
Robust financial performance
Essar has invested over $850 million since acquiring Stanlow in July 2011 Essar Oil (UK) Limited, which owns and operates the Stanlow Refinery, has reported robust financial results for the...