Analysis
A deep dive into fuel distribution industry data
...solar and heat pumps. The census shows that the number of oil-heated homes has dropped 3% since the last census. It is likely that many oil-heated homes are in the...
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News
UK and allies announce price cap of $60 on Russian Oil
...secure affordable oil. A General Licence will be published shortly that will provide an Oil Price Cap exception for third countries, so that firms supplying oil to them are able...
Insight
What price oil? 2022 in review
Ian Moore, founder and managing director of The Oil Market Journal, takes us through the year, highlighting the main impacts affecting the oil price in 2022. Contained within this article...
News
Crown Oil completes acquisition of Star Oil
North West-based Crown Oil has strengthened its brand in the North West after acquiring an £18m-turnover oil supplier. The Greater Manchester company, part of the £420m-turnover Crown Oil family of...
News
Distributor Diaries January 24: the latest updates from our distributor community
...incredibly proud of the level of support shown by the staff here at Crown Oil.” Compass Fuel Oils supports Galloways Society for the Blind Compass Fuel Oils, the Penwortham-based fuel...
News
Cautious industry response to fuel resilience bill
A bill aimed at maintaining fuel supply to customers in the event of disruption has been published. The draft Downstream Oil Resilience Bill, which was introduced last month by energy...
News
Distributor Diaries March 2025 – the latest updates from our distributor community
Oilfast: Proud to continue special partnership Having offered an incredible opportunity to local singers and songwriters, Oilfast, the independent fuel supplier, based in Motherwell, Scotland, has decided to extend its...
Opinion
In the light of the Purvin & Gertz report discussed in FON’s July issue, are you worried about the UK’s refining resilience?
...the recent Energy and Climate Change Committee Inquiry: UK Oil Refining recognised the importance of oil products and UK refining to the UK’s economy. The report supported many of the...
News
Biofuels – an uncertain future
...used cooking oil and algae With concerns over the rising prices, profitability and sustainability of turning virgin vegetable oils into biodiesel, producers are looking to maximise access to lower cost...
Opinion
OMJ anticipates oil market movements
Amidst a global lockdown resulting in less and less demand for oil, the oil market has been in turmoil. Ian Moore, director of the Oil Market Journal (OMJ) shares his...
Market Report
A special Christmas market report from Portland
...for black gold there and then. Lauren Laverne Really. Did you find oil in the garden? Gaz Oil No. Course not. Lauren Laverne Oh. What was the song then? Gaz...
News
Oil Terminal 2015 – new multi-billion USD projects
...Bashneft. The agenda at the Oil Terminal 2015 industry forum reflects how growing oil exports have led to additional demands to increase the capacity of tank farms and exporting oil terminals....
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,...
Interview
In conversation with Prema Energy
...to the Carbon Reduction Commitment scheme. Biofuel oils made from tall oil pitch and later rapeseed oil distillation residue were developed to replace residual fuel oil in these plants at...
News
OSS (Hydrodec UK) buys Eco-Oil business
...the Eco-Oil business further secures the supply chain for used oil collection in the UK and underpins Hydrodec’s plans to invest in a base oil re-refinery. The combined entity will...
Analysis
Mabanaft – majoring in innovative independence
...storage depots? “Oil majors moving their activities and operations back to more core areas of their business is understandable. Refineries are costly to run, and with the volatility in oil...
Insight
Rapidly changing oil market creates pricing and supply issues
...Agency has stated, “send a unified and strong message to global oil markets that there will be no shortfall in supplies.” On 18 March, oil prices hit almost $130 (£99)...
News
Fuel Prices Online™ merges with The Oil Market Journal™
...announced their merger. Both FPO and OMJ provide intraday and settlement oil price information to UK and Irish oil distributors, service stations and other large volume oil buyers. Basil Shourou...