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...
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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...
Analysis
Heat pump grants for oil-heated homes raised to £9,000 as off-grid heating policy moves up agenda
...distributors There is unlikely to be any immediate demand impact for heating oil suppliers. Heating system replacement cycles remain gradual, and many households will continue to rely on oil for...
Analysis
Ambitious EV growth targets raise UK grid concerns but what of the impact on oil demand?
...impacting global oil demand? According to the International Energy Agency (IEA), China’s oil consumption increased by only 180,000 bpd in 2024, less than one-fifth of the growth seen in 2023,...
Interview
Compass Fuel Oils: a new depot facilitates further growth
Compass Fuel Oils is a fuel distribution business based in Penwortham, Lancashire. Formed in 2009, Compass Fuel is an independent, nationwide fuel oil supplier who is proud to announce that...
Interview
A unique fuel industry set up for Convery Oils & Convery Engineering
Eamon Convery is the owner and manager of Convery Oils, a modern fuel distribution business based just outside Kilrea in Northern Ireland. Convery Oils delivers fuel products throughout Co. Derry,...
News
OilMaxx launches mobile fuel delivery service
...a one-stop solution for all their fuel and lubricant requirements. OilMaxx Express and OilMaxx are both part of the Oilfast Group of companies based in Motherwell, Scotland. Image credit: OilMaxx...
News
OGUK confident despite Shell Cambo stance
...of oil and oil products such as petrol, diesel and aviation fuel This amounts to just under a tonne of oil per UK citizen. Transport is the primary use. About...
Interview
Darch Oil tanker driver Chris Eke on life on the road
Darch Oil, the Somerset-based distributor, has been supplying a friendly, reliable, and efficient service to its customers for over 30 years. Now part of NWF Fuels, Darch Oil continues to...
Interview
Oil clubs, drums, kero pumps and NIOF distributors
...contamination from drips/spillages as it’s poured into the household tank. “Small oil drums are for emergency use only. They should provide a small amount of oil – often in an...
News
Community Buying – The organisers’ view…
...customers to purchase their oil before December to try and avoid paying an inflated price.” Keith Weller, co-ordinator of the Worcestershire-based Bayton Oil Syndicate agrees: “I get people to buy...
News
Bungalow destroyed by tank fire
...to installing and protecting oil tanks. As well as the human risk, an unprotected oil tank can cause substantial damage to property if set alight. Government statistics estimate the average...
News
Heating oil theft falls
OFTEC registered technicians can assist your customers with advice on the necessary precautions to protect their oil heating assets OFTEC has welcomed research which reveals that heating oil is no...
News
Making light work of heavy oil
The V25 Test Rig at the Trondheim, SINTEF Research Institute Using environmentally friendly methods to process crude and dirty oils, Fluid Oil has commissioned its first heavy to light oil...
Interview
Negotiating the swings and roundabouts of fuel distribution
...from Donall O’Connor, Value Oils in last month’s Fuel Oil News) Numerous consumers now keep a couple of drums and refill these at forecourt kerosene pumps for a minimal premium...
News
Dealing with price volatility
...oil trading centres in Londonand Rotterdamgives us a unique insight in to market thinking and oil intelligence.” wwwfuelpricesonline.com The WP Group has used the service for over 10 years. Managing...