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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...

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...

Opinion

Deloitte statement further highlights Stanlow concerns

Concerns surrounding money siphoned out of the Stanlow oil refinery have been raised by Deloitte, after the accounting giant quit as auditor to the parent company of the refinery –...

Interview

Essar Oil UK Ltd: from manufacturing complex to energy park

...future. Margaret Major, managing editor of Fuel Oil news and Claudia Weeks, content editor, met with Carlos Rojas, head of commercial at Essar, and Michelle Lewis, corporate affairs director, to...

Insight

The changing world of the oil trader

...Total, etc. These vertically integrated international oil companies (IOCs) have been joined by state owned concerns, or national oil companies ( NOCd )- names such as Aramco, Kuwait Petroleum, IPC,...

News

Total and Harvest Energy enter into a fuel network agreement

...including EV charge points. The agreement will also ensure closer co-operation for fuel supply, domestically with Lindsey Oil Refinery and internationally through Total’s trading portfolio. “We are delighted with this...

News

Prax appointment brings wealth of knowledge

...extensive commercial and operational experience in the industry, Mark will be responsible for overseeing the Group’s UK downstream activities, with the exception of Prax Lindsey Oil Refinery.  He will report...

News

The Prax Group appoint interim CFO

...was more recently, the commercial and financial lead for the group in the acquisition of Prax Lindsey Oil Refinery. With over two decades of experience across oil and gas, manufacturing,...