News
February 2016 update
...prices largely stayed below $20 and even dropped as low as $7 in 1997! And do bear in mind that nobody was walking around in 1997, head in hands, thinking...
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News
HOYER Petrolog – driver of the year
...*Total Bitumen Immingham, BP Titan, Puma Glasgow, Esso Purfleet, Shell Thames, Esso Immingham, Shell Billingham, Esso Stanlow, Petrolog Fleet Stanlow, Multifleet Immingham, Shell Killingholme, Petrolog Fleet Morley, Petrolog Fleet South...
News
Energy statistics show fall in oil production
...June 2012, a litre of unleaded petrol was on average 132.0 pence per litre, 3.6 pence lower than a year earlier, and 9.7 pence lower than the high reached in...
News
Industrial heat pilot lands £700k to deliver a commercial heat pump
...which not only pays for itself but delivers an easily adopted route to lower carbon industry. “I would encourage any interested industrial heat user to get in touch,” Taylor concludes....
News
“Another significant year for Puma”
...2016 2015 Sales volumes (‘000 m3) 21,968 18,944 Throughput volumes (‘000 m3) 19,693 18,372 Gross profit 1,601 1,496 EBITDA 755 676 Capex 61 813 Cash flow from operating activities 838...
Analysis
Lowest fossil fuel generation on record in Europe
...from April, over 600 prices at or below zero have been observed so far in Iberia this year. Prices in other markets have also frequently been at or below zero...
Analysis
What price oil? Q1 2025 in review
...Economic Forum in Davos and demanded that OPEC increased production to reduce oil prices which would in turn lower inflation and allow central banks to ease interest rates. February February...
News
Proposals to allow fuel tankers to carry bigger loads detailed in consultation
The government is consulting on proposals to allow road fuel tankers to carry bigger fuel loads in a bid to further strengthen the UK’s fuel supply chain. Following the fuel...
News
Robust financial performance
Essar has invested over $850 million since acquiring Stanlow in July 2011 Essar Oil (UK) Limited, which owns and operates the Stanlow Refinery, has reported robust financial results for the...
News
Essar – working with the community
(l-r) Sally Darlington, health and safety advisor at Essar Stanlow with John Wilson of the Liverpool Seafarers Centre and Mark Thompson, Essar’s marine manager at Stanlow Essar’s Stanlow refinery recently...
News
Technology: Supporting the supply chain
...it comes to the connected worker. The ability to use mobile and wearable technology, combined with workflow software that drives productivity gains and connectivity without compromising on risk or health and safety,...
News
US oil price falls below zero for the first time in history
...away from the fact that this situation is a body blow for an industry already creaking under the strains of the impact of COVID-19 and sustained low commodity prices. “The...
News
AHFL chooses UK for revolutionary plastic-to-fuel plant
Advanced Hydrocarbon Fuels Limited (AHFL) has targeted the UK as the home of the first commercial-scale plant to demonstrate its revolutionary process which creates fuel from waste plastic. Solving the...
Opinion
Could the lack of offshore wind bids in the latest CfD be the catalyst the sector needs?
...However, the disheartening lack of bidders in AR5 can be attributed to a combination of factors, including a notably low administrative strike price (bidding ceiling) and other contextual challenges. What...
Interview
In Conversation with Phillips 66 Limited
...fuels. In 2020, the latest investment in its growing renewable fuels infrastructure came in the form of a massive processing unit that will convert used cooking oil (UCO) into low-carbon fuel....
News
Fuel for thought…
...the default position of many homeowners and householders. Away from the domestic market, the commercial tank market is at something of a low ebb too. This follows the introduction of...
News
Winner of UKIFDA Innovation Award announced
...in achieving a low-carbon alternative heating fuel for older, rural properties.” The HVO trials have been a success since their launch in November 2020 and have highlighted not only the...
Opinion
The billion barrel blow and why it may mean more pivoting in the fuel sector
...can corrode or damage some of the metal and rubber fittings used in petroleum-powered engines. HVO is a low-carbon, low-emission, fossil-free and sustainable alternative to conventional fossil diesel. We must...