Insight
Marine bunkering – fuel for a vital activity
...oil/ light fuel oil, with maximum density which can range between 0.890 and 0.920 kg/m3 at 15 degrees C Marine gas oil – meets the inland heating oil specification i.e....
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Opinion
Ken’s Corner: A Letter to Santa!
...the Figgy Pudding – bring us a smarter, more resilient energy future. This year has seen the closures of Grangemouth and Dalston, as well as the liquidation of Lindsey Oil...
News
Wincanton renews Total contract
...two companies – means that Wincanton will continue to manage Total’s maintenance warehouse facility at the Lindsey oil refinery in Lincolnshire. Under the terms of the agreement Wincanton retains responsibility...
Interview
A new chapter for Craggs Energy and Moorland Fuels
...none of that works without strong supplier partnerships. If supply breaks down, we can’t deliver for our customers. “Learning of the closure of Prax’s Lindsey refinery really brought that home....
Market Report
The eternal influence of black gold
...oil company) and, instead, is an operating tri-venture between Exxon Mobil (45%), Amerada Hess (30%) and China’s National Offshore Oil Corporation (25%). With little experience in negotiating oil concessions, Guyana’s...
Insight
A look at the shape of the future UK downstream oil sector landscape
We are living through a time that has heralded much change and, before considering the future evolution and shape of the UK downstream oil sector, we will remind ourselves of...
Insight
Sustainable low carbon liquid fuels: perspectives and prospects
...turn. Renewable diesel / hydrotreated vegetable oil This product is made by hydrogenation and hydrocracking of vegetable oils and animal fats using hydrogen and catalysts at high temperatures and pressures....
Opinion
Calls for strategic oil and gas measures to safeguard UK energy security and climate progress
The UK Government is being urged to adopt a pragmatic new approach to oil and gas policy to prevent deepening reliance on imports, safeguard critical infrastructure, and support a managed...
Market Report
Volatile grounds: How geopolitical crises shape oil price fluctuations
...per barrel. It was at this point though, that the big hedge-funds re-entered the market and bought swathes of oil futures. This obviously supported the oil price against further falls...
News
Oil recycling specialist Slicker expands further with Oil Monster acquisition
...with their own carbon cutting and sustainability agenda, re-refining their waste oil back into base oil through our own re-refinery.” “We welcome everyone at Oil Monster into the Slicker family...
Opinion
Longer term impacts of coronavirus on the UK and Ireland’s oil industry
...a 70,000-bpd crude unit at its Gelsenkirchen oil refinery in Germany on March 18th. Although there have been some closures, most oilrigs, terminals, warehouses, refineries, and logistics facilities have remained...
Market Report
Saving Mexico’s state oil giant – a strategy of hope over experience.
...nationalisation of all privately held oil interests in Mexico and for most of the 21st Century, Pemex has been Latin America’s second largest enterprise by annual revenue (Brazil’s state-run oil...
News
Cyberattack effect on oil prices
...vulnerabilities within US infrastructure. Why do oil prices vary? Oil prices vary from day to day, but when an unexpected event occurs that causes disruption in the supply chain, drastic...
News
Essar staff offered £30,000 “leaver incentive” package
As reported in July, Essar’s 1000 employees at the Stanlow Oil Refinery are being offered a voluntary severance package, now rumoured to be worth a fixed-sum of £30,000. All employees...
News
Products and markets
...range consists of petrol, diesel, aviation fuel, LPG, fuel oil, gas oil and heating oil. With the exception of fuel oil and LPG all products can be transported via 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...
Opinion
North Sea oil and gas must address challenges to mitigate energy crises
...report series from the Oil and Gas Transitions (OGT) initiative. Long a strategically important reservoir for oil and gas, the North Sea is now a pivotal ground zero for net...
News
Essar Oil UK reports positive progress on financings
Essar Oil UK, the owner of the Stanlow Refinery, reports that it has successfully addressed the required financing to replace the previous receivables facility. The refinery continues to operate as...