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News

Q3 2012 – oil production and refinery demand

Total energy production, Q3 2012 Production of oil fell by 12.1% in the third quarter of 2012 when compared to the previous year. Oil consumption fell by 1.1%. The Department...

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...

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

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

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

Oil reclamation stepped up on Teesside

The new tank farm at CSG’s Middlesbrough oil reclamation facility “Our plan is to recover substantial quantities of useful lubricating oils, fuels and other hydrocarbon products from waste oils brought...