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...
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Market Report
Why is jet fuel so vulnerable to price shocks?
...called AVTUR = Aviation Turbine Fuel) is a type of paraffin that comes from a refinery’s Crude Distillation Unit (CDU). Gasoline (petrol) “sits” above Kerosene in the CDU, meaning the...
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...
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...
News
Essar and Progressive Energy join forces in low carbon venture
...at Essar’s Stanlow Refinery in Cheshire, for use across the HyNet region. It will provide Essar Oil UK with low carbon hydrogen to decarbonise its own energy demand in addition...
Opinion
Unite Grangemouth survival plan calls for transition to biofuels hub
...which represents the workforce at Grangemouth, has written to energy secretary Ed Miliband demanding action on Grangemouth. In September, Grangemouth owners Petroineos announced its intention to close the only refinery...
News
Life After Oil community launches to support industry professionals grappling with transition dilemma
...Life After Oil is Nick Smith, owner of Fuel Oil News and a fourth-generation coal and oil supplier who has long navigated the balance between meeting today’s essential energy needs...
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
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...