News
A positive story for the UK
A newcomer to the UK, the Valero Energy Corporation entered the UK market last summer following its acquisition of Chevron assets including the Pembroke refinery, pipelines, terminals, an aviation fuels...
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News
Building a retail network at Essar
...been agreed and these will be rolled out over the coming months. This is the first time the company, which owns and operates the Stanlow oil refinery, has supplied product...
News
Another generous donation from Valero Pembroke refinery employees
...2019 Valero Operations Shift workers at the Pembroke refinery have donated another £25,000 to charity. The previous generosity of this Valero team was reported in Fuel Oils News’ June issue,...
News
EET Fuels secures £500m funding on the back of its decarbonisation strategy
...international oil company”. Essar Energy Transition (EET) Fuels, whose Cheshire refinery supplies 16% of all road transport fuels in the UK, says its Stanlow decarbonisation plan “is central to these...
News
New import terminal for oil products at Coryton
...maintenance, security, engineering, truck driving and construction”. “To continue operating as a refinery, some hundreds of millions would have needed to be invested in the plant, and unfortunately this...
News
No deal for Coryton
...to reach a deal to date. Prospective investors in the refinery faced a significant capital expenditure need, as well as a fragile market for refined oil products.” “I would like...
News
Oil trader expands into physical assets
The world’s largest oil trader, Vitol has teamed up with Marcel Van Poecke, co-founder of Petroplus, to buy the Cressier refinery in Switzerland. Petroplus administrator, Wenger-Plattner reported last week that...
Analysis
World Fuel Services – spreading the word
...through Liverpool-based Henty Oil and Falmouth Oil, the company has established a solid supply chain which provides light fuels for the domestic, commercial, agricultural and industrial markets in addition to...
News
Milford Haven – frustration and regret
...had collapsed last week. “For the past four years we have worked tirelessly to secure a positive outcome for the future of the refinery and our workforce. Unfortunately, and despite...
News
East Cork Oil abandons Atlantic and Geaney acquisition plans after competition scrutiny
...entities Atlantic Oils and Geaney Oil via three depots. The two distributors sell home-heating oil, diesel and sulphur-free gas oil and other products. East Cork Oil distributes fuel products, including...
News
Activists adopt new tactics in oil terminal protests
...a new tactic. Regular action has been taken by Just Stop Oil throughout this year, with several weeks of coordinated protest at oil terminals and other oil infrastructure from April....
News
Activists claim oil terminals were ‘totally blocked’ in new protests
...by Just Stop Oil with several weeks of coordinated protest actions at oil terminals and other oil infrastructure in the Midlands and south of England from April. Pausing oil terminal...
Opinion
Solving the industry recruitment challenge
...becoming vital to oil companies seeking to modernise their processes, improve cost efficiencies and pull ahead of the competition. Throughout the oil industry Covid-19 is driving an increasing need for...
News
Which? reports on heating oil prices
...oil users, the guide highlights a number of ways to keep the costs of heating oil down. The Which? news story and heating oil guide can be found at http://www.which.co.uk/energy/creating-an-energy-saving-home/guides/heating-oil/...
News
More jobs in oil
As an oilfield tax allowance paves the way for hundreds of new jobs in the UK, the Oil and Gas Global Salary Guide 2013 says UK oil and gas professionals...
News
Is it time Northern Ireland had a competent persons scheme?
...before spreading to an oil tank which ruptured, setting fire to other oil tanks in the near vicinity. Meanwhile, OFTEC is calling on the Northern Ireland government to introduce mandatory...
Insight
What are the issues causing uncertainty in the oil and gas sector?
...Russia by other global powers caused a notable surge in the price of WTI crude oil to $133.46 (£106.89) per barrel and Brent crude oil to $139.10 (£111.43) per barrel,...
News
FPS warns of the dangers of making early technology decisions for heating
...early technology decisions and also in only concentrating on a small section of oil-fired homes when industry innovation can help all oil-fired homes.” “We have in the UK set up...