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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...
Portland Christmas report

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....
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,...
Dan Webb and Stephen Fletcher of Prema Energy

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...

Opinion

North Sea oil industry in crisis?

...Sea being profitable as oil is below $60 per barrel. “It is almost impossible to make money at these oil prices,” says Mr Allan, director of Premier Oil in addition...

Insight

Gas grid and storage facilities in the UK

...storage of 320,000 cubic metres and is capable of processing 2.7 million mt/year. This facility is built on the site of the former Gulf oil refinery. In addition to the...

Opinion

Preparing for a new oil world

Boris Ivanov Boris Ivanov, founder of GPB Global Resources discusses how the fuel oil industry can begin to prepare for the new oil world. With BP cutting 10,000 jobs and...

Opinion

OGUK welcomes climate report impetus

...to cut emissions from oil and gas production, currently totalling about 18.5m tonnes a year, to net zero by 2050. This could include the electrification of offshore oil and gas...