Market Report
Is there method behind OPEC’s apparent madness?
...oil prices are high) were also able to continue extracting oil from fields, that really should no longer be producing. To the Machiavellian minds at the top of the OPEC...
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News
Oil theft – oil industry shows support with donation
...Northern Ireland Oil Federation (NIOF) resulted in Solo Direct offering to give the unit 1,000 litres of oil to help during this difficult time. With £1,000 worth of oil stolen...
News
Theft threat?
When the price of crude oil rises, reports of oil theft increase. Alex Porter spoke to distributors about the situation in their area A recent article on the Fuel Oil...
News
Getting warmer in the community
...tenants. In return CBL has developed a community oil fund that purchases oil on behalf of Cottsway’s tenants. The smart meters inform CBL of oil used, with tenants able to...
News
Essar introduces cost efficiency initiatives at Stanlow
Volker Shultz, Essar Oil UK chief executive Essar Oil UK has reconfigured its Stanlow Refinery to increase the production of high value products and further reduce the amount of fuel...
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...
News
Slicker Recycling and Castrol take greener approach to used oil management
...and support the circular economy. The used oil is collected and transported to Slicker Recycling’s base oil re-refinery in Denmark which it operates with German partner, Avista AG. Mark Olpin,...
News
Aggreko supercharges investment in oil-free air compressors
...fleet of 100% oil-free electric variable speed driven (VSD) compressors, the company will be introducing new Stage V Diesel 100% oil-free units to strengthen its provision of greener compressed air...
Interview
In Conversation with Klass Oil: a class act in energy distribution
...Tom Kirrane in the oil industry for nearly 40 years. Originally setting up Emo Oil, Tom ran Texoil as a joint venture with Chevron until he sold his share in...
News
Oil price at seven-year high amid supply concerns
...global oil inventories and the strength of demand. To avoid seeing the price of oil head into the $100 plus territory the best hope is that it is a combination...
Opinion
Non-energy use of oil products a huge challenge to international trade
...cycle — with spikes in the oil price often occurring before economic recessions,” said Chapman. “Oil has been essential for economic growth, but our reliance on it has created vulnerabilities....
Interview
Taking action in Ireland
Being proactive rather than reactive was one of the really strong messages conveyed to an audience of over 60 fuel oil distribution staff who attended last month’s Fuel Oil News...
News
Growing business in Ireland
In a multimillion-euro deal, Canadian Irving Oil, which owns the Whitegate refinery in Cork, has acquired Top Oil (formerly Tedcastles Oil Products), the brand owned by the Dublin-based Tedcastle Group....
Analysis
What is the direction of travel for the UK energy sector?
...Conservative commitment to keeping the oil and gas windfall tax they introduced as well as the allowances that incentivise investment in North Sea oil and gas. The Conservatives The Conservatives...
Interview
Fuelling the future: The voice of the next generation
...Community Content Lead at Fuel Oil News, spoke with Luke Nolan, Sales Manager at Nolan Oils and Emma Osborn-Wilkes, Managing Director at Halso Fuels UK and EL-Oils to discuss how...
Interview
TEC: driving forward through innovation
...also developed two new oil reeling hoses specifically for the oil distribution industry – TECOIL and FUELTEC. FUELTEC is now a market leader and TECOIL entered the market in mid-2022...
News
Showcasing oil heating’s future
...behind the show Facilitating the way into this evolving marketplace is the Oil & Renewable Energy Show. Organised by A&D Publishing – publishers of Fuel Oil News, Oil Installer,...
News
Oil – cheapest home heating fuel by far
With average annual heating costs for oil users falling every quarter for the last three years, consumer confidence in oil heating has greatly increased. This is reflected by rising boiler...